REELSBORO FIRE DEPARTMENT INC (EIN 581532536) - Form 990 Financial Analysis & Trantor Score

🔒

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

1965

Legal Domicile

Principal Officer

DEBORAH EDELMAN

Phone

2527459085

Tax Period

2023-07-01 to 2024-06-30

REELSBORO FIRE DEPARTMENT INC, founded in 1965, is a small nonprofit in the Public Safety sector that reported $172K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $249K exceeded revenue, resulting in a 45% operating deficit.

Mission

PROVIDE EMERGENCY FIRE SERVICES TO RURAL COMMUNITY OF REELSBORO AND PAMLICO COUNTY NC.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $20,909

Program Service Revenue $135,885

Investment Income $15,092

Other Revenue $0

TOTAL REVENUE $171,886

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $246,722

Other Expenses $249,314

TOTAL EXPENSES $249,314

Year-over-Year Comparison

	2023	2022	Change
Revenue	$171,886	$234,433	-0.3%
Expenses	$249,314	$264,593	-0.1%
Net Income	$-77,428	$-30,160	+1.6%

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

N/A

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
RICHARD MAY	PRESIDENT	2.00	Officer Director	$0	$0	$0
DEBORAH EDELMAN	TREASURER	2.00	Officer Director	$0	$0	$0
TIANNA GRANT	SECRETARY	2.00	Officer Director	$0	$0	$0
RUSSELL EDELMAN	VICE PRESIDENT	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	No data	No data	No data	No data
2024	$171,886	$249,314	$583,488	$-77,428
2023	$234,433	$264,593	$659,144	$-30,160

REELSBORO FIRE DEPARTMENT INC