FLOWES STORE VFD INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1962

Legal Domicile

Principal Officer

ANTHONY MESSINA

Phone

7047732875

Tax Period

2024-07-01 to 2025-06-30

FLOWES STORE VFD INC, founded in 1962, is a small nonprofit in the Public Safety sector that reported $601K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum.

Mission

VOLUNTEER FIREFIGHTER SERVICES FOR THE RESIDENTS OF THE MIDLAND COMMUNITY OF CABARRUS COUNTY AND OF CONCORD, NORTH CAROLINA.

Program Service Accomplishments

Program 1

Expenses: $602,443 Revenue: $554,749

VOLUNTEER FIREFIGHTER SERVICES FOR THE RESIDENTS OF THE MIDLAND COMMUNITY OF CABARRUS COUNTY AND OF CONCORD, NORTH CAROLINA

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $46,496

Program Service Revenue $524,078

Investment Income $7,724

Other Revenue $22,947

TOTAL REVENUE $601,245

Expense Breakdown

Grants Paid $0

Salaries & Benefits $347,099

Fundraising Expenses $7,916

Program Expenses $602,443

Other Expenses $279,092

TOTAL EXPENSES $626,191

Year-over-Year Comparison

	2024	2023	Change
Revenue	$601,245	$460,134	+0.3%
Expenses	$626,191	$528,124	+0.2%
Net Income	$-24,946	$-67,990	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEN AMATRUDO	SECRETARY/TREASURER	002.00	Officer Director	$0	$0	$0
MARIAN NEELY	BOOKKEEPER	003.00	Director	$0	$0	$0
GERALD MCELROY	VICE PRESIDENT	002.00	Officer Director	$0	$0	$0
ANTHONY MESSINA	PRESIDENT	010.00	Officer Director	$0	$0	$0
MICHAEL MCCLELLAN	DIRECTOR	001.00	Director	$0	$0	$0
SCOTT HARRIS	DIRECTOR	001.00	Director	$0	$0	$0
SHARON MCELROY	DIRECTOR	001.00	Director	$0	$0	$0
CHELSEI MCCLELLAN	DIRECTOR	001.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$601,245	$626,191	$1,169,491	$-24,946
2024	No data	No data	No data	No data
2023	$484,136	$605,136	$1,363,495	$-121,000
2022	$650,708	$506,048	$1,619,465	$144,660
2021	$728,502	$558,562	$1,031,348	$169,940
2020	$555,279	$490,814	$929,801	$64,465