BUNCOMBE COUNTY RESCUE SQUAD (EIN 581416266) - Form 990 Financial Analysis & Trantor Score

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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

BECKETT ARNOLD

Phone

8282531208

Tax Period

2024-07-01 to 2025-06-30

BUNCOMBE COUNTY RESCUE SQUAD, founded in 1962, is a small nonprofit in the Health Care sector that reported $343K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $416K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO EDUCATE AND TRAIN INDIVIDUALS IN ORDER TO PROVIDE OUR COMMUNITY WITH QUALITY SERVICE IN THE AREAS OF CONVALESCENT TRANSPORT, WILDERNESS SEARCH AND RESCUE, AND STANDBY FOR EVENTS.

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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 $92,978

Program Service Revenue $243,136

Investment Income $3,237

Other Revenue $4,086

TOTAL REVENUE $343,437

Expense Breakdown

Grants Paid $0

Salaries & Benefits $271,365

Fundraising Expenses $0

Program Expenses $349,317

Other Expenses $144,278

TOTAL EXPENSES $415,643

Year-over-Year Comparison

	2024	2023	Change
Revenue	$343,437	$270,094	+0.3%
Expenses	$415,643	$498,583	-0.2%
Net Income	$-72,206	$-228,489	-0.7%

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

$11,987

Total Directors

$11,987

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NATHAN SMITH 2125 - PRESENT	CHIEF	12.50	Officer Director	$7,487	$0	$7,487
GREG MILLER 63024-3525	CHIEF (PRIOR	4.00	Officer Director	$4,500	$0	$4,500
BECKETT ARNOLD	CHAIR	2.00	Officer Director	$0	$0	$0
NICK GIARDINA	DIRECTOR	1.00	Director	$0	$0	$0
CECIL MASTERS	DIRECTOR	1.00	Director	$0	$0	$0
DAN MULLINIX	TREASURER	2.00	Officer Director	$0	$0	$0
M JERRY VEHAUN	EMERITUS DIR	1.00	Director	$0	$0	$0
MIKE WALKER	SECRETARY	2.00	Officer 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	$343,437	$415,643	$577,225	$-72,206
2024	$270,094	$498,583	$650,579	$-228,489
2023	$858,438	$369,226	$1,036,512	$489,212
2022	$1,011,876	$990,945	$954,378	$20,931
2021	$800,468	$958,911	$1,048,474	$-158,443
2020	$852,267	$979,422	$1,113,955	$-127,155
2019	$940,024	$954,340	$1,003,225	$-14,316
2018	$782,374	$813,132	$1,046,383	$-30,758

BUNCOMBE COUNTY RESCUE SQUAD