LOUDON COUNTY VOLUNTEER EMERGENCY & RESCUE SQUAD INC

EIN: 620963156 501(c)(3) Public Safety

LENOIR CITY, TN

Total Revenue
$896,846
Total Expenses
$335,041
Total Assets
$2,681,085
Net Assets
$2,626,540
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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
1958
Legal Domicile
TN
Principal Officer
BILL HART
Phone
8657406996
Tax Period
2024-07-01 to 2025-06-30

LOUDON COUNTY VOLUNTEER EMERGENCY & RESCUE SQUAD INC, founded in 1958, is a small nonprofit in the Public Safety sector that reported $897K in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $562K, a strong 63% operating margin.

Mission

THE LOUDON COUNTY VOLUNTEER EMERGENCY AND RESCUE SQUAD IS A VOLUNTEER BASE ORGANIZATION TO PERFORM EMERGENCY RESPONSE FOR THE COUNTY, SERVING THE RESIDENTS OF LOUDON COUNTY WITH THE EXCEPTION OF GREENBACK, TELLICO VILLAGE, LENOIR CITY AND LOUDON (CITY LIMIT) BY PROVIDING SUPPORT FOR ALL EMERGENCY, FIRE, AND RESCUE NEEDS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $852,470
Program Service Revenue $0
Investment Income $1,509
Other Revenue $42,867
TOTAL REVENUE $896,846

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $7,482
Program Expenses $253,869
Other Expenses $335,041
TOTAL EXPENSES $335,041

Year-over-Year Comparison

2024 2023 Change
Revenue $896,846 $651,956 +0.4%
Expenses $335,041 $248,457 +0.3%
Net Income $561,805 $403,499 +0.4%
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
7
Independent Members
7
Employees
N/A
Volunteers
45

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
2
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE FORD BOARD MEMBER N/A
Director
$0 $0 $0
TIM GUIDER BOARD MEMBER N/A
Director
$0 $0 $0
BILL HART CHIEF N/A
Officer Director
$0 $0 $0
RICHARD MARTIN DEPUTY CHIEF N/A
Officer Director
$0 $0 $0
JAMES SHIELDS BOARD MEMBER N/A
Director
$0 $0 $0
ED SHIPLEY BOARD MEMBER N/A
Director
$0 $0 $0
GENE WALKER BOARD MEMBER N/A
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 $896,846 $335,041 $2,681,085 $561,805
2024 $651,956 $248,457 $2,064,735 $403,499
2023 $268,890 $265,684 $1,661,236 $3,206
2022 $235,917 $227,010 $1,658,030 $8,907
2021 $482,348 $247,831 $1,649,123 $234,517
2020 $227,488 $205,234 $1,414,606 $22,254
2019 $285,426 $225,280 $1,426,743 $60,146
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