Civic Intelligence

Transylvania County Rescue Squad

EIN 23-7248542 • 501(c)3 • Brevard, NC

Profile

To provide emergency and rescue services to the citizens and visitors of the city of Brevard and Transylvania County North Carolina.

PO Box 562Brevard, NC 28712-0562

transylvaniacountyrescue.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

44th percentile

0.04x

Higher debt load relative to assets than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

48th percentile

0.07x

Higher debt load relative to revenue than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

63rd percentile

11%

Higher net margin than 63% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

62nd percentile

8.7%

Faster asset growth than 62% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

36th percentile

0.4%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,252,835

Up $109,989 (+9.6%) from 2023

Liabilities

Down

$37,020

Down $33,429 (-47%) from 2023

Net Assets

Up

$1,215,815

Up $143,418 (+13%) from 2023

Revenue

Up

$663,785

Up $763 (+0.1%) from 2023

Expenses

Up

$587,782

Up $14,882 (+2.6%) from 2023

Net Income

Down

$76,003

Down $14,119 (-16%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2016: $616,786Liabilities 2016: $246,445Net Assets 2016: $370,3412016Assets 2018: $640,973Liabilities 2018: $145,035Net Assets 2018: $495,9382018Assets 2019: $736,899Liabilities 2019: $94,654Net Assets 2019: $642,2452019Assets 2020: $812,712Liabilities 2020: $46,301Net Assets 2020: $766,4112020Assets 2021: $939,850Liabilities 2021: $20,678Net Assets 2021: $919,1722021Assets 2022: $1,021,287Liabilities 2022: $39,012Net Assets 2022: $982,2752022Assets 2023: $1,142,846Liabilities 2023: $70,449Net Assets 2023: $1,072,3972023Assets 2024: $1,252,835Liabilities 2024: $37,020Net Assets 2024: $1,215,8152024

Highlighted filing

2024

Assets$1,252,835
Liabilities$37,020
Net Assets$1,215,815

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0Revenue 2016: $392,709Expenses 2016: $214,484Net Income 2016: $178,2252016Revenue 2018: $334,732Expenses 2018: $245,374Net Income 2018: $89,3582018Revenue 2019: $479,396Expenses 2019: $333,093Net Income 2019: $146,3032019Revenue 2020: $562,021Expenses 2020: $437,855Net Income 2020: $124,1662020Revenue 2021: $551,241Expenses 2021: $398,481Net Income 2021: $152,7602021Revenue 2022: $553,514Expenses 2022: $490,411Net Income 2022: $63,1032022Revenue 2023: $663,022Expenses 2023: $572,900Net Income 2023: $90,1222023Revenue 2024: $663,785Expenses 2024: $587,782Net Income 2024: $76,0032024

Highlighted filing

2024

Revenue$663,785
Expenses$587,782
Net Income$76,003

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 27, 2025
Return Version
2023v6.0
Gross Receipts
$675,705
Mission and Program Overview

Mission

To provide emergency and rescue services to the citizens and visitors of the city of brevard, nc and transylvania county.

To provide emergency and rescue services to the citizens and visitors of the city of Brevard and Transylvania County North Carolina.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$667,571$801,175▲ $133,604
Land, Buildings, and Equipment, Net$476,039$409,841▼ $66,198
Prepaid Expenses and Deferred Charges$33,547$36,592▲ $3,045
Savings and Temporary Cash Investments$20,000--
Accounts Receivable$6,224$5,227▼ $997
Total Assets$1,203,381$1,252,835▲ $49,454
Liabilities
Accounts Payable and Accrued Expenses$63,569$37,020▼ $26,549
Total Liabilities$63,569$37,020▼ $26,549
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,119,812$1,215,815▲ $96,003
Net Assets With Donor Restrictions$20,000$0▼ $20,000
Total Net Assets Fund Balance$1,139,812$1,215,815▲ $76,003
Total Liabilities and Net Assets / Fund Balance$1,203,381$1,252,835▲ $49,454

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$249,338$1,337,848$1,587,186
Other Land Buildings$32,735$282,906$315,641
Buildings$123,898$125,236$249,134
Leasehold Improvements$3,870$57,758$61,628
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dale WhitlockChiefPT$74,122$74,122

Board Members and Trustees

NameTitle
Keith WilmotChair
David OrrBoard member
Donna RobinsonBoard member
Kevan SmithBoard member
Catherine ClaryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$640,400
Program Service Revenue
$725
Investment Income
$25,688
Other Revenue
$-3,028
All Other Contributions
$46,504
Change in Net Assets
$76,003

Audited Revenue Reconciliation

Revenue per Audited Statements
$675,705
Revenue Not Reported on Financial Statements
$-11,920
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-11,920
Total Revenue per Audited Statements
$675,705
Total Revenue per Form 990
$663,785
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$299,798
Salaries, Compensation, and Employee Benefits$287,984
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$171,381$5,062-$176,443
Depreciation Depletion$69,246$7,694-$76,940
Current Officers, Directors, Trustees, and Key Employees$71,996$2,126-$74,122
All Other Expenses$40,740$15,093-$55,833
Insurance$41,362$4,596-$45,958
Payroll Taxes$19,365$572-$19,937
Other Employee Benefits$16,522--$16,522
Occupancy$13,721$1,525-$15,246
Other Expenses$12,965$857-$13,822
Travel$4,213--$4,213
Fees for Services Other-$2,500-$2,500
Pension Plan Contributions$948$12-$960
Total Functional Expenses$547,745$40,037$0$587,782

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$599,702
Total Expenses per Audited Statements$599,702
Total Expenses per Form 990$587,782
Expenses Not Reported on Form 990$0
Expenses Not Reported on Financial Statements$-11,920
Other Expense Adjustments$-11,920
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$11,920
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Letter Drive$82,476---
Total Events$82,476---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

Dale Whitlock - Chief; Vessie Whitlock - Deputy Admin; Husband and wife.

Form 990, Part VI, Section B, line 11B

A copy of Form 990 is provided to the board of directors and is reviewed by the executive officers who have been designated by the board to provide oversight authority over Form 990 prior to filing.

Form 990, Part VI, Section B, line 12C

All members of the board of directors, officer and key employees are required to submit annually, acknowledgement and verification that there are no conflicts of interest with the organization.

Form 990, Part VI, Section B, line 15

15a - The board of directors has a policy to review all compensation for all employees of the organization, including any officers. This review may include, at the discretion of the board, comparability data among other factors. 15b - The board of directors policy for the process of determining compensation for officers is the same for other key employees of the organization.

Form 990, Part VI, Section C, line 19

Governing documents, conflict of interest policy, Form 990 and financial statements are available to the public at the organization's business office during regular business hours.

Filing and Contact Details

Filer

Filer Name
Transylvania County Rescue Squad
EIN
23-7248542
Phone
8288844950
Address
PO Box 562, Brevard, NC 28712-0562

Signing Officer

Name
Keith Wilmot
Title
Chair
Phone
8288844950
Signed
2025-02-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keith Wilmot
Formed
1962
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
8
Volunteers
51

Preparer

Firm
Prager Metis CPAs PLLC
Address
32 Orange Street, Asheville, NC 28801
Preparer
Crystal Goldsmith
Phone
8282813161
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC")740, Accounting for Uncertainty in Income Taxes, clarified the accounting for the recognition and measurement of uncertainties in income taxes recognized in an entity's financial statements and prescribes a threshold of more likely-than-not for recognition of tax positions taken or expected to be taken in a tax return. The Department's policy is to evaluate the likelihood that its uncertain tax positions will prevail upon examination based on the extent to which those positions have substantial support within the Internal Revenue Code and Regulations, Revenue Rulings, court decisions and other evidence.

Part XI, Line 4B - Other Adjustments:

Direct fundraising expense -11,920.

Part XII, Line 4B - Other Adjustments:

Direct fundraising expense -11,920.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01667889
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt017688
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05862
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0375
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0301
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0273
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt024499
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt017617
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt04121
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02385
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02765
IRS990ScheduleA/OtherIncome170Grp/TotalAmt026888
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98090
IRS990ScheduleA/PublicSupportPY170Pct00.99340
IRS990ScheduleA/PublicSupportTotal170Amt02636509
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt0511420
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0457200
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt0968620
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0640400
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0567846
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0462251
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0474624
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0491388
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02636509
IRS990ScheduleA/TotalSupportAmt02687896
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0123898
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0125236
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0249134
IRS990ScheduleD/EquipmentGrp/BookValueAmt0249338
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01337848
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01587186
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-11920
IRS990ScheduleD/ExpensesSubtotalAmt0599702
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03870
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt057758
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt061628
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-11920
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt032735
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0282906
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0315641
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-11920
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-11920
IRS990ScheduleD/RevenueSubtotalAmt0675705
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC")740, Accounting for Uncertainty in Income Taxes, clarified the accounting for the recognition and measurement of uncertainties in income taxes recognized in an entity's financial statements and prescribes a threshold of more likely-than-not for recognition of tax positions taken or expected to be taken in a tax return. The Department's policy is to evaluate the likelihood that its uncertain tax positions will prevail upon examination based on the extent to which those positions have substantial support within the Internal Revenue Code and Regulations, Revenue Rulings, court decisions and other evidence.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Direct fundraising expense -11,920.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Direct fundraising expense -11,920.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0409841
IRS990ScheduleD/TotalExpensesPerForm990Amt0587782
IRS990ScheduleD/TotalRevenuePerForm990Amt0663785
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0675705
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0599702
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt082476
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt082476
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Letter Drive
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt082476
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt082476
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Dale Whitlock - Chief; Vessie Whitlock - Deputy Admin; Husband and wife.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A copy of Form 990 is provided to the board of directors and is reviewed by the executive officers who have been designated by the board to provide oversight authority over Form 990 prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All members of the board of directors, officer and key employees are required to submit annually, acknowledgement and verification that there are no conflicts of interest with the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt315a - The board of directors has a policy to review all compensation for all employees of the organization, including any officers. This review may include, at the discretion of the board, comparability data among other factors. 15b - The board of directors policy for the process of determining compensation for officers is the same for other key employees of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents, conflict of interest policy, Form 990 and financial statements are available to the public at the organization's business office during regular business hours.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01203381
IRS990/TotalAssetsEOYAmt01252835
IRS990/TotalAssetsGrp/BOYAmt01203381
IRS990/TotalAssetsGrp/EOYAmt01252835
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0640400
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040037
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0547745
IRS990/TotalFunctionalExpensesGrp/TotalAmt0587782
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt063569
IRS990/TotalLiabilitiesEOYAmt037020
IRS990/TotalLiabilitiesGrp/BOYAmt063569
IRS990/TotalLiabilitiesGrp/EOYAmt037020
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01139812
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01215815
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0547745
IRS990/TotalProgramServiceRevenueAmt0725
IRS990/TotalReportableCompFromOrgAmt074122
IRS990/TotalRevenueGrp/ExclusionAmt013768
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt09617
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0663785
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt051
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01203381
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01252835
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt04213
IRS990/TravelGrp/TotalAmt04213
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 562
IRS990/USAddress/CityNm0Brevard

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