Obion County Rescue Squad Inc

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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

1964

Legal Domicile

Principal Officer

Sherri Preuett

Phone

7314462137

Tax Period

2025-01-01 to 2025-12-31

Obion County Rescue Squad Inc, founded in 1964, is a small nonprofit that reported $212K in total revenue in fiscal year 2025. Revenue surged 69% from the prior year, signaling strong growth momentum. Expenses of $200K left a modest 6% surplus.

Mission

To provide emergency assistance to those in need

Program Service Accomplishments

Program 1

Expenses: $199,572 Revenue: $139,516

The Rescue Squad provides emergency assistance to all residents of Obion County who are in need of help or assistance.

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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 (2025)

Revenue Breakdown

Contributions & Grants $45,730

Program Service Revenue $42,697

Investment Income $8

Other Revenue $123,987

TOTAL REVENUE $212,422

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $199,572

Other Expenses $199,572

TOTAL EXPENSES $199,572

Year-over-Year Comparison

	2025	2024	Change
Revenue	$212,422	$125,504	+0.7%
Expenses	$199,572	$141,845	+0.4%
Net Income	$12,850	$-16,341	-1.8%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
Damon Barnes	TRAINING	Director	$0	$0	$0
FREDDIE PREUETT	PERSONNEL	Director	$0	$0	$0
JOSH WILLCUTT	EQUIPMENT	Director	$0	$0	$0
TEDDY WILLCUTT	CAPTAIN	Officer	$0	$0	$0
Bill Sowell	SUPPLY	Officer	$0	$0	$0
STAN LEE	UNIT DIR.	Officer	$0	$0	$0
JUDY FAULKNER	SECRETARY	Officer	$0	$0	$0
SHERI I PREUETT	TREASURER	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	$212,422	$199,572	$779,487	$12,850
2024	$125,504	$141,845	$766,636	$-16,341
2023	$291,882	$88,146	$782,977	$203,736
2022	$105,410	$90,087	$579,241	$15,323
2021	$85,948	$77,429	$563,918	$8,519
2020	$56,939	$63,682	$555,399	$-6,743
2019	$138,196	$93,712	$575,430	$44,484
2018	$110,186	$87,208	$541,951	$22,978