Bethlehem Volunteer Fire Department Inc

EIN: 581368934

Kings Mountain, NC

Total Revenue
$714,312
Total Expenses
$548,774
Total Assets
$874,791
Net Assets
$874,219
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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
1964
Legal Domicile
NC
Principal Officer
Doug Sutton
Phone
7047391720
Tax Period
2023-07-01 to 2024-06-30

Bethlehem Volunteer Fire Department Inc, founded in 1964, is a small nonprofit that reported $714K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $166K, a strong 23% operating margin.

Mission

Volunteer Fire Dept

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $688,318
Program Service Revenue $0
Investment Income $0
Other Revenue $25,994
TOTAL REVENUE $714,312

Expense Breakdown

Grants Paid $0
Salaries & Benefits $134,449
Fundraising Expenses $0
Program Expenses $506,510
Other Expenses $414,325
TOTAL EXPENSES $548,774

Year-over-Year Comparison

2023 2022 Change
Revenue $714,312 $568,564 +0.3%
Expenses $548,774 $510,070 +0.1%
Net Income $165,538 $58,494 +1.8%
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

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Governance

Voting Members
11
Independent Members
11
Employees
26
Volunteers
30

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
4
$11,178
Total Directors
11
$38,112
Key Employees
1
$5,336
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeffrey A Dixon Chair 2.00
Officer Director
$10,020 $0 $10,020
Vernon L McDaniel Vice Chair 2.00
Officer Director
$12 $0 $12
Paul Williams Member 2.00
Director
$0 $0 $0
Douglas Sutton Treasurer 2.00
Officer Director
$1,050 $0 $1,050
Todd Hullender Member 2.00
Director Highest
$9,371 $0 $9,371
Kenneth Cloninger Secretary 2.00
Officer Director
$96 $0 $96
Jeffery S Dixon Member 2.00
Director
$84 $0 $84
Gary L Hensley Jr Member 2.00
Director
$315 $0 $315
Harold D Farris Member 2.00
Director
$0 $0 $0
Tyler Laughridge Member 2.00
Director Highest
$8,093 $0 $8,093
Adam Kates Member 2.00
Director Highest
$9,071 $0 $9,071
John S McDaniel Chief 15.00
Key Emp
$5,336 $0 $5,336
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 No data No data No data No data
2024 $714,312 $548,774 $874,791 $165,538
2023 $568,564 $510,070 $757,602 $58,494
2022 $492,151 $570,495 $620,764 $-78,344
2021 $455,523 $557,074 $699,108 $-101,551
2020 $958,567 $507,788 $800,659 $450,779
2019 $496,451 $353,502 $350,699 $142,949
2018 $364,790 $289,375 $207,750 $75,415
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