HUMBOLDT AREA 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

1989

Legal Domicile

Principal Officer

JERRY PRIVITT

Tax Period

2023-01-01 to 2023-12-31

HUMBOLDT AREA RESCUE SQUAD, founded in 1989, is a micro nonprofit in the Public Safety sector that reported $96K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $42K, a strong 44% operating margin.

Mission

TO PROVIDE EMERGENCY SERVICES AND VEHICULAR EXTRACTION FOR THE RESIDENTS OF GIBSON COUNTY AND THE CITY OF HUMBOLDT.

Program Service Accomplishments

Program 1

Expenses: $17,152

TO PROVIDE EMERGENCY SERVICES AND VEHICULAR EXTRACTION FOR THE RESIDENTS OF GIBSON COUNTY AND THE CITY OF HUMBOLDT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $96,331

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $96,331

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $9,545

Program Expenses $17,152

Other Expenses $53,896

TOTAL EXPENSES $53,896

Year-over-Year Comparison

	2023	2022	Change
Revenue	$96,331	$70,587	+0.4%
Expenses	$53,896	$52,939	+0.0%
Net Income	$42,435	$17,648	+1.4%

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

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
MELISSA DUNCAN	TREASURER	1.00	Officer Director	$0	$0	$0
ERICA DOLAN	SECRETARY	1.00	Officer Director	$0	$0	$0
JERRY PRIVITT	EXEC DIRECTOR	1.00	Officer 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
2023	$96,331	$53,896	$674,795	$42,435
2022	$70,587	$52,939	$632,360	$17,648
2021	$55,123	$38,870	$616,012	$16,253
2020	$56,604	$36,331	$621,759	$20,273
2019	$48,387	$49,431	$600,309	$-1,044
2018	$32,102	$37,681	$601,073	$-5,579