Civic Intelligence

Rowan County Rescue Squad Inc.

990 • Fiscal year 2017 • EIN 56-6061117

Jul 01, 2016 to Jun 30, 2017 • Filed on May 11, 2018

PO Box 61Salisbury, NC 28145-0061

(704) 633-5405

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

51st percentile

0.10x

Higher debt load relative to assets than 51% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

59th percentile

0.16x

Higher debt load relative to revenue than 59% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

61st percentile

7.1%

Higher net margin than 61% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

44th percentile

$47,876

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

21st percentile

-4.5%

Faster asset growth than 21% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

47th percentile

3.3%

Faster revenue growth than 47% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,100,689

Down $51,593 (-4.5%) from 2016

Net Assets

Up

$988,715

Up $50,134 (+5.3%) from 2016

Liabilities

Down

$111,974

Down $101,727 (-48%) from 2016

Revenue

Up

$703,626

Up $22,716 (+3.3%) from 2016

Expenses

Up

$653,492

Up $60,581 (+10%) from 2016

Net Income

Down

$50,134

Down $37,865 (-43%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,551,302Liabilities 2011: $628,965Net Assets 2011: $922,3372011Assets 2012: $1,349,870Liabilities 2012: $521,403Net Assets 2012: $828,4672012Assets 2013: $1,204,425Liabilities 2013: $388,397Net Assets 2013: $816,0282013Assets 2014: $1,227,509Liabilities 2014: $376,841Net Assets 2014: $850,6682014Assets 2015: $1,102,678Liabilities 2015: $252,096Net Assets 2015: $850,5822015Assets 2016: $1,152,282Liabilities 2016: $213,701Net Assets 2016: $938,5812016Assets 2017: $1,100,689Liabilities 2017: $111,974Net Assets 2017: $988,7152017Assets 2018: $1,056,805Liabilities 2018: $68,134Net Assets 2018: $988,6712018Assets 2019: $1,084,230Liabilities 2019: $128,312Net Assets 2019: $955,9182019Assets 2020: $1,153,940Liabilities 2020: $95,405Net Assets 2020: $1,058,5352020Assets 2021: $1,148,034Liabilities 2021: $64,395Net Assets 2021: $1,083,6392021Assets 2022: $1,173,777Liabilities 2022: $41,901Net Assets 2022: $1,131,8762022Assets 2023: $1,097,728Liabilities 2023: $19,660Net Assets 2023: $1,078,0682023Assets 2024: $1,237,713Liabilities 2024: $8,284Net Assets 2024: $1,229,4292024Assets 2025: $1,256,655Liabilities 2025: $16,308Net Assets 2025: $1,240,3472025

Highlighted filing

2017

Assets$1,100,689
Liabilities$111,974
Net Assets$988,715

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $745,235Expenses 2011: $716,082Net Income 2011: $29,1532011Revenue 2012: $641,144Expenses 2012: $736,207Net Income 2012: -$95,0632012Expenses 2013: $654,6592013Revenue 2014: $643,902Expenses 2014: $609,262Net Income 2014: $34,6402014Revenue 2015: $626,135Expenses 2015: $626,221Net Income 2015: -$862015Revenue 2016: $680,910Expenses 2016: $592,911Net Income 2016: $87,9992016Revenue 2017: $703,626Expenses 2017: $653,492Net Income 2017: $50,1342017Revenue 2018: $710,671Expenses 2018: $710,715Net Income 2018: -$442018Revenue 2019: $697,766Expenses 2019: $730,519Net Income 2019: -$32,7532019Revenue 2020: $583,274Expenses 2020: $480,657Net Income 2020: $102,6172020Revenue 2021: $568,227Expenses 2021: $543,120Net Income 2021: $25,1072021Revenue 2022: $558,388Expenses 2022: $508,930Net Income 2022: $49,4582022Revenue 2023: $480,574Expenses 2023: $514,508Net Income 2023: -$33,9342023Revenue 2024: $777,880Expenses 2024: $626,518Net Income 2024: $151,3622024Revenue 2025: $588,991Expenses 2025: $578,074Net Income 2025: $10,9172025

Highlighted filing

2017

Revenue$703,626
Expenses$653,492
Net Income$50,134
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 11, 2018
Return Version
2016v3.1
Gross Receipts
$731,647
Mission and Program Overview

Mission

RESQUE SQUAD

RESCUE SQUAD

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$952,523$868,242▼ $84,281
Cash and Non-Interest-Bearing Accounts$93,646$125,870▲ $32,224
Accounts Receivable$44,552$49,458▲ $4,906
Savings and Temporary Cash Investments$38,586$38,586→ $0
Prepaid Expenses and Deferred Charges$21,975$16,533▼ $5,442
Total Assets$1,152,282$1,100,689▼ $51,593
Other Assets Total$1,000$2,000▲ $1,000
Liabilities
Mortgage Notes Payable Secured by Investment Property$153,615$62,084▼ $91,531
Accounts Payable and Accrued Expenses$22,597$43,036▲ $20,439
Other Liabilities$37,489$6,854▼ $30,635
Total Liabilities$213,701$111,974▼ $101,727
Net Assets / Fund Balance
Unrestricted Net Assets$904,270$958,141▲ $53,871
Temporarily Rstr Net Assets$34,311$30,574▼ $3,737
Total Net Assets Fund Balance$938,581$988,715▲ $50,134
Total Liabilities and Net Assets / Fund Balance$1,152,282$1,100,689▼ $51,593

Asset Categories

AssetBook ValueDepreciationBasis
Land$188,000-$188,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Eddie CressChiefFT$47,876$47,876

Board Members and Trustees

NameTitle
Allen CarlylePresident
Bill FeatherDirector
Charles GuessfordDirector
Elizabeth ConnellDirector
Frank ThomasonDirector
Ken UprightDirector
Mary PondsDirector
Mike CaskeyDirector
Vincent MelloneDirector
Kim GoodmanSecretary
Millie CressVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$504,349
Program Service Revenue
$98,430
Investment Income
$11,532
Other Revenue
$89,315
All Other Contributions
$70,769
Change in Net Assets
$50,134

Audited Revenue Reconciliation

Revenue per Audited Statements
$703,626
Total Revenue per Audited Statements
$703,626
Total Revenue per Form 990
$703,626
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$372,404
Salaries, Compensation, and Employee Benefits$281,088
Total Fundraising Expense$15,090
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$206,642$30,032$10,011$246,685
Depreciation Depletion$91,462--$91,462
Insurance$6,718$57,106$3,359$67,183
All Other Expenses$44,745--$44,745
Occupancy$29,549--$29,549
Payroll Taxes$1,724$14,657$862$17,243
Other Employee Benefits$1,716$14,586$858$17,160
Fees for Services Accounting-$13,724-$13,724
Other Expenses$16,305$10,660-$10,660
Interest$4,552--$4,552
Travel$1,953--$1,953
Total Functional Expenses$497,637$140,765$15,090$653,492

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$653,492
Total Expenses per Audited Statements$653,492
Total Expenses per Form 990$653,492
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$102,617
Fundraising Direct Expenses$28,021
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Picture Portrai$102,617$102,617$28,021$74,596
Total Events$102,617$102,617$28,021$74,596
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
United Financial$6,854
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request

Filing and Contact Details

Filer

Filer Name
Rowan County Rescue Squad Inc
EIN
56-6061117
Phone
7046335405
Address
PO BOX 61, SALISBURY, NC 28145-0061

Signing Officer

Name
Eddie Cress
Title
Chief
Phone
7046335405
Signed
2018-05-11

Organization Details

Principal Officer
Eddie Cress
Formed
1951
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
23

Preparer

Firm
Rives & Associates Llp
Address
212 W CENTER ST, LEXINGTON, NC 27292-3012
Preparer
W Leon Rives
Phone
3362488281
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt038586
IRS990/SavingsAndTempCashInvstGrp/EOYAmt038586
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS 0 NC SALES TAX REFUND 0 SALE OF SURPLUS 0
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0455078
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02393368
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0215798
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IRS990ScheduleA/PublicSupportPY170Pct00.99510
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0496112
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0455589
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE AVAILABLE UPON REQUEST
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0497637
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/BOYAmt0213701
IRS990/TotalLiabilitiesGrp/EOYAmt0111974
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IRS990/TotalProgramServiceRevenueAmt098430
IRS990/TotalReportableCompFromOrgAmt047876
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0124681
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0703626
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01152282
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01100689
IRS990/TravelGrp/ProgramServicesAmt01953
IRS990/TravelGrp/TotalAmt01953
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0904270
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0958141
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.ROWANRESCUE.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0EDDIE CRESS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF
ReturnHeader/BusinessOfficerGrp/PhoneNum07046335405
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROWAN COUNTY RESCUE SQUAD INC
ReturnHeader/Filer/BusinessNameControlTxt0ROWA
ReturnHeader/Filer/EIN0566061117
ReturnHeader/Filer/PhoneNum07046335405
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 61
ReturnHeader/Filer/USAddress/CityNm0SALISBURY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0281450061
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00F2550738D488F53F56428640779112F7D63D220
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03ACB18FC6CD60F311763D0FBE7ED478E19754C64
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200427530
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RIVES & ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0212 W CENTER ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LEXINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.26$0.02$1.24$0.59$0.58$0.01
2024Detailed filing. Detailed filing data is available for this year.$1.24$0.01$1.23$0.78$0.63$0.15
2023Detailed filing. Detailed filing data is available for this year.$1.10$0.02$1.08$0.48$0.51$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.17$0.04$1.13$0.56$0.51$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.15$0.06$1.08$0.57$0.54$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.15$0.10$1.06$0.58$0.48$0.10
2019Detailed filing. Detailed filing data is available for this year.$1.08$0.13$0.96$0.70$0.73$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.06$0.07$0.99$0.71$0.71$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.10$0.11$0.99$0.70$0.65$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.15$0.21$0.94$0.68$0.59$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.10$0.25$0.85$0.63$0.63$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.23$0.38$0.85$0.64$0.61$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.39$0.82$0.65
2012Summary only. Only limited summary data is available for this year.$1.35$0.52$0.83$0.64$0.74$0.10
2011Summary only. Only limited summary data is available for this year.$1.55$0.63$0.92$0.75$0.72$0.03