PARKTON FIRE AND RESCUE 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

2004

Legal Domicile

Principal Officer

CODY MCNEILL

Phone

9107236221

Tax Period

2023-07-01 to 2024-06-30

PARKTON FIRE AND RESCUE INC, founded in 2004, is a small nonprofit in the Public Safety sector that reported $463K in total revenue in fiscal year 2023. Expenses of $624K exceeded revenue, resulting in a 35% operating deficit.

Mission

THE VOLUNTEER FIRE DEPARTMENT SERVES THE COMMUNITY IN AND AROUND THE TOWN OF PARKTON, NC.

Program Service Accomplishments

Program 1

Expenses: $602,456 Revenue: $462,628

PROVIDE FIRE PROTECTION SERVICE TO THE PARKTON COMMUNITY AND SURROUNDING AREAS.

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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 $70,774

Program Service Revenue $391,531

Investment Income $323

Other Revenue $0

TOTAL REVENUE $462,628

Expense Breakdown

Grants Paid $0

Salaries & Benefits $80,696

Fundraising Expenses $0

Program Expenses $602,456

Other Expenses $542,925

TOTAL EXPENSES $623,621

Year-over-Year Comparison

	2023	2022	Change
Revenue	$462,628	N/A	N/A
Expenses	$623,621	N/A	N/A
Net Income	$-160,993	N/A	N/A

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

Volunteers

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

$5,760

Total Directors

$3,930

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREG AMBROSE	SERGEANT AT ARMS	1.00	Director	$0	$0	$0
SANDRA BODENHEIMER	TREASURER	1.00	Director	$0	$0	$0
BOB HILL	SECRETARY	1.00	Director	$0	$0	$0
JEFF MARTIN	PRESIDENT	1.00	Director	$0	$0	$0
CODY MCNEILL	VICE-PRESIDENT	1.00	Director	$3,930	$0	$3,930
CHRIS NOWAK	FIRE CHIEF	10.00	Officer	$5,760	$0	$5,760

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	No data	No data	No data	No data
2024	$462,628	$623,621	$1,930,125	$-160,993
2023	$577,619	$473,234	$2,035,910	$104,385
2023	$577,618	$509,488	$1,767,269	$68,130
2022	$626,018	$421,203	$1,496,287	$204,815
2021	$453,350	$331,906	$1,184,712	$121,444
2020	$366,337	$243,900	$823,237	$122,437
2019	$326,965	$200,809	$756,616	$126,156
2018	$193,108	$175,615	$678,355	$17,493