FLOYD COUNTY RESCUE SQUAD

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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

1957

Legal Domicile

Phone

6068868114

Tax Period

2024-01-01 to 2024-12-31

FLOYD COUNTY RESCUE SQUAD, founded in 1957, is a small nonprofit that reported $134K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $155K exceeded revenue, resulting in a 16% operating deficit.

Mission

TO SAVE LIVES AND PROTECT CITIZEN BY PROVIDING GROUND AND WATER RECOVERY AND RESCUE AS WELL AS EXTRICATION SERVICES

Program Service Accomplishments

Program 1

Expenses: $152,328

EMERGENCY RESPONSE FOR SEARCH, EXTRICATION, WATER RESCUE, TRAFFIC CONTROL FOR ACCIDENT VICTIMS AND DISASTER VICTIMS.

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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 $34,567

Program Service Revenue $0

Investment Income $83

Other Revenue $99,111

TOTAL REVENUE $133,761

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $152,328

Other Expenses $155,086

TOTAL EXPENSES $155,086

Year-over-Year Comparison

	2024	2023	Change
Revenue	$133,761	$114,502	+0.2%
Expenses	$155,086	$79,482	+1.0%
Net Income	$-21,325	$35,020	-1.6%

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

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
JOHN M HUNT	VICE PRESIDENT	10.00	Officer	$0	$0	$0
BRIAN SEXTON	TREASURER	35.00	Officer	$0	$0	$0
JENNIFER LITTLE	MANAGING MEMBER	10.00	Officer	$0	$0	$0
RICHIE SCHOOLCRAFT	PRESIDENT	10.00	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
2024	$133,761	$155,086	$828,324	$-21,325
2023	$114,502	$79,482	$849,649	$35,020
2022	$89,672	$65,574	$814,629	$24,098
2021	$184,273	$27,623	$790,531	$156,650
2020	$100,697	$33,227	$751,051	$67,470
2019	$71,635	$28,272	$750,751	$43,363
2018	$68,758	$43,565	$724,424	$25,193