NO 7 TOWNSHIP FIRE & RESCUE DEPT OF CRAVEN COUNTY NC (EIN 581557596) - 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

1792

Legal Domicile

Principal Officer

ED WEIGL

Phone

2526372779

Tax Period

2022-07-01 to 2023-06-30

NO 7 TOWNSHIP FIRE & RESCUE DEPT OF CRAVEN COUNTY NC, founded in 1792, is a small nonprofit in the Public Safety sector that reported $646K in total revenue in fiscal year 2022. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $212K, a strong 33% operating margin.

Mission

PROVIDING FIRE AND RESCUE SERVICES TO THE CITIZENS OF NUMBER 7 TOWNSHIP

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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 (2022)

Revenue Breakdown

Contributions & Grants $619,250

Program Service Revenue $0

Investment Income $3,639

Other Revenue $23,317

TOTAL REVENUE $646,206

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $426,993

Other Expenses $413,948

TOTAL EXPENSES $433,856

Year-over-Year Comparison

	2022	2021	Change
Revenue	$646,206	$595,278	+0.1%
Expenses	$433,856	N/A	N/A
Net Income	$212,350	$595,278	-0.6%

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

N/A

Volunteers

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
CHAD SMITH	1ST ASST CHIEF	5.00	Director	$0	$0	$0
NICK ARMSTRONG	FIRE CHIEF	10.00	Director	$0	$0	$0
LYNN BLALOCK	DIRECTOR	5.00	Director	$0	$0	$0
TRAVIS BLALOCK	2 ASST CHIEF	5.00	Director	$0	$0	$0
JARED DOLAN	DIRECTOR	5.00	Director	$0	$0	$0
DANNY HILL	DIRECTOR	5.00	Director	$0	$0	$0
BUDDY WILLIAMS	DIRECTOR	5.00	Director	$0	$0	$0
TAMMY WILLIAMS	DIRECTOR	5.00	Director	$0	$0	$0
ROBERT BLALOCK	PRESIDENT	5.00	Officer	$0	$0	$0
MIKE RICE	VICE PRESIDENT	5.00	Officer	$0	$0	$0
ED WEIGL	TREASURER	20.00	Officer	$0	$0	$0
BRITTANY MARCY	SECRETARY	5.00	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
2023	$646,206	$433,856	$1,956,809	$212,350
2022	$595,278	$416,210	$2,079,940	$179,068
2021	$618,011	$449,518	$1,683,188	$168,493
2020	$564,695	$501,543	$1,689,765	$63,152
2019	$692,497	$587,705	$1,786,647	$104,792

NO 7 TOWNSHIP FIRE & RESCUE DEPT OF CRAVEN COUNTY NC