COVE CITY EMS INC

EIN: 581537788 501(c)(3)

COVE CITY, NC

Total Revenue
$584,830
Total Expenses
$589,519
Total Assets
$287,940
Net Assets
$286,009
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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
1975
Legal Domicile
NC
Principal Officer
LYDIA MONETTE
Phone
2526384712
Tax Period
2023-07-01 to 2024-06-30

COVE CITY EMS INC, founded in 1975, is a small nonprofit that reported $585K in total revenue in fiscal year 2023.

Mission

TO PROVIDE EMERGENCY AND NON-EMERGENCY MEDICAL AID AND FIRE PROTECTION SERVICES TO INDIVIDUALS LIVING OR VISITING IN AND AROUND THE COVE CITY, NC AREA.

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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 $140
Program Service Revenue $584,632
Investment Income $58
Other Revenue $0
TOTAL REVENUE $584,830

Expense Breakdown

Grants Paid $0
Salaries & Benefits $425,903
Fundraising Expenses $0
Program Expenses $586,650
Other Expenses $163,616
TOTAL EXPENSES $589,519

Year-over-Year Comparison

2023 2022 Change
Revenue $584,830 $555,074 +0.1%
Expenses $589,519 $561,194 +0.1%
Net Income $-4,689 $-6,120 -0.2%
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
6
Independent Members
6
Employees
13
Volunteers
8

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CJ HILL VICE PRESIDE 3.00
Officer Director
$0 $0 $0
LYDIA MONETTE SECRETARY/PR 1.00
Officer Director
$0 $0 $0
BOB NICHOLS PRESIDENT 0.50
Director
$0 $0 $0
BRIAN MULLINS EMS CHIEF 0.50
Officer
$0 $0 $0
TIM ROUSE SECRETARY 0.50
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 No data No data No data No data
2024 $584,830 $589,519 $287,940 $-4,689
2023 $555,074 $561,194 $297,912 $-6,120
2022 $618,745 $895,009 $320,290 $-276,264
2021 $657,638 $622,908 $829,604 $34,730
2020 $577,896 $600,963 $953,691 $-23,067
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