LASKER VOLUNTEER FIRE DEPARTMENT IN

EIN: 581380720 501(c)(3) Public Safety

LASKER, NC

Total Revenue
$98,016
Total Expenses
$94,710
Total Assets
$627,377
Net Assets
$627,377
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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
1978
Legal Domicile
NC
Principal Officer
MICHAEL SUMNER
Phone
2525392782
Tax Period
2024-07-01 to 2025-06-30

LASKER VOLUNTEER FIRE DEPARTMENT IN, founded in 1978, is a micro nonprofit in the Public Safety sector that reported $98K in total revenue in fiscal year 2024. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $95K left a modest 3% surplus.

Mission

PREVENTION AND CONTROLL OF FIRES

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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 (2024)

Revenue Breakdown

Contributions & Grants $78,539
Program Service Revenue $0
Investment Income $5,432
Other Revenue $14,045
TOTAL REVENUE $98,016

Expense Breakdown

Grants Paid $986
Salaries & Benefits $960
Fundraising Expenses $0
Program Expenses $94,027
Other Expenses $92,764
TOTAL EXPENSES $94,710

Year-over-Year Comparison

2024 2023 Change
Revenue $98,016 $458,531 -0.8%
Expenses $94,710 $72,186 +0.3%
Net Income $3,306 $386,345 -1.0%
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
18
Independent Members
18
Employees
N/A
Volunteers
18

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUDY FARROW TREASURER 1.00
Officer
$0 $0 $0
CAROLYN OUTLAND SECRETARY 1.00
Officer
$0 $0 $0
BEN SLOAN ASSISTANT CH 1.00
Officer
$0 $0 $0
MICHAEL SUMNER CHIEF 1.00
Officer
$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 $98,016 $94,710 $627,377 $3,306
2024 $458,531 $72,186 $624,071 $386,345
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