CHICAMACOMICO BANKS FIRE DEPARTMENT

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1966

Legal Domicile

Phone

2529872347

Tax Period

2024-07-01 to 2025-06-30

CHICAMACOMICO BANKS FIRE DEPARTMENT, founded in 1966, is a small nonprofit in the Public Safety sector that reported $863K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $148K, a strong 17% operating margin.

Mission

PROVIDE FIRE SUPPRESSION AND PREVENTION, LIFE SAFETY AND RESCUE SUPPORT, AS WELL AS OTHER EMERGENCY SUPPORT TO THE COMMUNITY AND SURROUNDING AREAS.

Program Service Accomplishments

Program 1

Expenses: $680,113

CHICAMACOMICO BANKS FIRE DEPARTMENT PROVIDES FIRE FIGHTING AND WATER RESCUE SERVICES TO THE NORTHERN PORTION OF HATTERAS ISLAND

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $850,825

Program Service Revenue $0

Investment Income $12,577

Other Revenue $0

TOTAL REVENUE $863,402

Expense Breakdown

Grants Paid $0

Salaries & Benefits $235,850

Fundraising Expenses $0

Program Expenses $680,113

Other Expenses $479,900

TOTAL EXPENSES $715,750

Year-over-Year Comparison

	2024	2023	Change
Revenue	$863,402	$668,565	+0.3%
Expenses	$715,750	$647,045	+0.1%
Net Income	$147,652	$21,520	+5.9%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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
ALEX SAMOFAL	Director	5.00	Director	$0	$0	$0
SCOTT LEGGETT	Vice President	5.00	Officer Director	$0	$0	$0
ELAINE HOOPER	Secretary	5.00	Officer Director	$0	$0	$0
BRIGGS MCEWAN	President	5.00	Officer Director	$0	$0	$0
MIKE DAUGHERTY	Director-Chief	20.00	Director	$0	$0	$0
VAL STUMP	Director	20.00	Director	$0	$0	$0
DALE STUMP	Director	10.00	Director	$0	$0	$0
JASON HEILIG	Director	10.00	Director	$0	$0	$0
TIM RHODES	Director	5.00	Director	$0	$0	$0
JOHN RUDIS	Director	5.00	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	$863,402	$715,750	$2,356,309	$147,652
2024	No data	No data	No data	No data
2023	$646,329	$593,096	$2,191,211	$53,233
2022	$650,187	$606,452	$2,128,515	$43,735