THE PINNACLE VOLUNTEER FIRE AND RESCUE DEPARTMENT INC

EIN: 581542587 501(c)(3)

PINNACLE, NC

Total Revenue
$218,092
Total Expenses
$235,348
Total Assets
$2,564,275
Net Assets
$2,564,275
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
NC
Principal Officer
JACOB NICHOLS
Phone
3363682958
Tax Period
2024-07-01 to 2025-06-30

THE PINNACLE VOLUNTEER FIRE AND RESCUE DEPARTMENT INC, founded in 1960, is a small nonprofit that reported $218K in total revenue in fiscal year 2024. Revenue fell 43% from the prior year — a significant decline worth monitoring. Net assets of $2.6M represent 141 months of operating reserves.

Mission

TO PROVIDE FIRE & RESCUE SERVICES WITHIN ITS DISTRICT

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $217,858
Program Service Revenue $0
Investment Income $0
Other Revenue $234
TOTAL REVENUE $218,092

Expense Breakdown

Grants Paid $0
Salaries & Benefits $45,798
Fundraising Expenses $0
Program Expenses $230,788
Other Expenses $189,550
TOTAL EXPENSES $235,348

Year-over-Year Comparison

2024 2023 Change
Revenue $218,092 $382,535 -0.4%
Expenses $235,348 $227,513 +0.0%
Net Income $-17,256 $155,022 -1.1%
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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
3
Volunteers
24

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
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACOB NICHOLS BOARD CHAIRM 1.00
Officer Director
$0 $0 $0
ANDREW LANKFORD BOARD VICE C 1.00
Officer Director
$0 $0 $0
KIM FREEMAN TREASURER/SE 5.00
Officer Director
$0 $0 $0
BEN LANE BOARD 1.00
Director
$0 $0 $0
CRAIG SINK BOARD 1.00
Director
$0 $0 $0
LANCE ROBSON BOARD 1.00
Director
$0 $0 $0
NORMAN LYNCH BOARD 1.00
Director
$0 $0 $0
PATRICK LINVILLE BOARD 1.00
Director
$0 $0 $0
BROCK WHEELER CHIEF 5.00
Officer
$0 $0 $0
PRESTON BOLES BOARD 1.00
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 $218,092 $235,348 $2,564,275 $-17,256
2024 $382,535 $227,513 $2,581,531 $155,022
2023 $380,647 $300,968 $2,632,870 $79,679
2022 $296,862 $263,134 $2,617,365 $33,728
2021 $327,934 $211,655 $2,645,511 $116,279
2020 $288,471 $216,950 $2,606,639 $71,521
2019 $257,041 $204,194 $2,611,874 $52,847
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE PINNACLE VOLUNTEER FIRE AND RESCUE DEPARTMENT INC with other nonprofits in North Carolina and across the country.