HOLLINS VOLUNTEER RURAL FIRE AND R… - Form 990 Financial Data

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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

1983

Legal Domicile

Principal Officer

JASON L GORDON

Phone

2562085873

Tax Period

2024-01-01 to 2024-12-31

HOLLINS VOLUNTEER RURAL FIRE AND RESCUE, founded in 1983, is a micro nonprofit in the Public Safety sector that reported $91K in total revenue in fiscal year 2024. Revenue surged 63% from the prior year, signaling strong growth momentum.

Mission

THE SOLE PURPOSE OF HOLLINS VOLUNTEER RURAL FIRE AND RESCUE IS TO PROTECT LIFE AND PROPERTY THROUGH THE PREVENTION AND/OR SUPPRESSION OF FIRES; PROVIDE FIRST RESPONSE FOR ACCIDENT OR MEDICAL EMERGENCIES; AND ASSIST COUNTY, STATE, AND FEDERAL EMA WHEN NEEDED.

Program Service Accomplishments

Program 1

Expenses: $88,889 Revenue: $90,785

HOLLINS VOLUNTEER RURAL FIRE AND RESCUE ACHIEVED ITS EXEMPT PURPOSE IN 2009 BY PROTECTING LIFE AND PROPERTY THROUGH RESPONDING TO VARIOUS PROPERTY FIRES; PROVIDING ASSISTANCE AT VEHICLE ACCIDENT...

HOLLINS VOLUNTEER RURAL FIRE AND RESCUE ACHIEVED ITS EXEMPT PURPOSE IN 2009 BY PROTECTING LIFE AND PROPERTY THROUGH RESPONDING TO VARIOUS PROPERTY FIRES; PROVIDING ASSISTANCE AT VEHICLE ACCIDENT SITES; AND BY PROVIDING MEDICAL ASSISTANCE IN EMERGENCY SITUATIONS.

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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 $89,939

Program Service Revenue $0

Investment Income $846

Other Revenue $0

TOTAL REVENUE $90,785

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $88,889

Other Expenses $88,889

TOTAL EXPENSES $88,889

Year-over-Year Comparison

	2024	2023	Change
Revenue	$90,785	$55,732	+0.6%
Expenses	$88,889	$91,232	0.0%
Net Income	$1,896	$-35,500	-1.1%

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
JANET GORDON	SECRETARYTREASURER	2.00	Officer Director	$0	$0	$0
JASON L GORDON	PRESIDENT	2.00	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	$90,785	$88,889	$177,627	$1,896
2023	$55,732	$91,232	$219,047	$-35,500
2022	$69,580	$99,643	$206,386	$-30,063
2021	$59,852	$68,808	$236,449	$-8,956
2020	$106,181	$75,913	$245,405	$30,268
2019	$110,370	$79,565	$215,137	$30,805
2018	$44,573	$56,998	$207,475	$-12,425

HOLLINS VOLUNTEER RURAL FIRE AND RESCUE