Civic Intelligence

Nc Association of Rescue Squads And

EIN 56-6095413 • 501(c)3 • Goldsboro, NC

View Organization Page

Profile

Provide benefits to members and their families

P O Box 1914Goldsboro, NC 27533

www.ncarems.org

Siviq Scores

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

Liabilities / Assets

56th percentile

0.23x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

82nd percentile

1.17x

Higher debt load relative to revenue than 82% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

65th percentile

12%

Higher net margin than 65% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

40th percentile

2.1%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

20th percentile

-9.2%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$14,259,194

Up $284,680 (+2.0%) from 2024

Liabilities

Up

$3,277,468

Up $16,300 (+0.5%) from 2024

Net Assets

Up

$10,981,726

Up $268,380 (+2.5%) from 2024

Operations
Liabilities / Revenue82nd percentileNet Margin65th percentile

Revenue

Up

$2,914,637

Up $466,343 (+19%) from 2024

Expenses

Down

$2,491,895

Down $203,857 (-7.6%) from 2024

Net Income

Up

$422,742

Up $670,200 (+271%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth40th percentile

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

$15M$10M$5.0M$0Assets 2010: $7,864,638Liabilities 2010: $1,723,239Net Assets 2010: $6,141,3992010Assets 2011: $8,196,962Liabilities 2011: $1,851,702Net Assets 2011: $6,345,2602011Assets 2012: $9,084,564Liabilities 2012: $1,826,208Net Assets 2012: $7,258,3562012Assets 2013: $9,185,142Liabilities 2013: $1,709,971Net Assets 2013: $7,475,1712013Assets 2014: $10,159,702Liabilities 2014: $2,045,213Net Assets 2014: $8,114,4892014Assets 2015: $10,449,367Liabilities 2015: $2,336,742Net Assets 2015: $8,112,6252015Assets 2016: $11,455,831Liabilities 2016: $2,586,469Net Assets 2016: $8,869,3622016Assets 2017: $11,891,017Liabilities 2017: $2,543,806Net Assets 2017: $9,347,2112017Assets 2018: $11,982,427Liabilities 2018: $2,481,873Net Assets 2018: $9,500,5542018Assets 2019: $12,937,065Liabilities 2019: $2,762,297Net Assets 2019: $10,174,7682019Assets 2020: $13,299,976Liabilities 2020: $2,858,694Net Assets 2020: $10,441,2822020Assets 2021: $14,096,027Liabilities 2021: $2,987,217Net Assets 2021: $11,108,8102021Assets 2022: $12,175,765Liabilities 2022: $2,875,561Net Assets 2022: $9,300,2042022Assets 2023: $12,434,238Liabilities 2023: $2,865,860Net Assets 2023: $9,568,3782023Assets 2024: $13,974,514Liabilities 2024: $3,261,168Net Assets 2024: $10,713,3462024Assets 2025: $14,259,194Liabilities 2025: $3,277,468Net Assets 2025: $10,981,7262025

Highlighted filing

2025

Assets$14,259,194
Liabilities$3,277,468
Net Assets$10,981,726
Open 2025 Filing

Operations Trend

Revenue Growth20th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,570,7142010Expenses 2011: $1,731,2862011Expenses 2012: $1,641,2662012Expenses 2013: $1,606,9402013Revenue 2014: $2,616,640Expenses 2014: $1,924,022Net Income 2014: $692,6182014Revenue 2015: $2,186,924Expenses 2015: $2,139,647Net Income 2015: $47,2772015Revenue 2016: $2,951,914Expenses 2016: $2,195,177Net Income 2016: $756,7372016Revenue 2017: $2,558,548Expenses 2017: $2,080,699Net Income 2017: $477,8492017Revenue 2018: $2,129,708Expenses 2018: $1,976,365Net Income 2018: $153,3432018Revenue 2019: $3,054,198Expenses 2019: $2,379,984Net Income 2019: $674,2142019Revenue 2020: $2,494,052Expenses 2020: $2,227,538Net Income 2020: $266,5142020Revenue 2021: $3,076,586Expenses 2021: $2,409,058Net Income 2021: $667,5282021Revenue 2022: $2,695,258Expenses 2022: $2,199,170Net Income 2022: $496,0882022Revenue 2023: $2,446,931Expenses 2023: $2,147,220Net Income 2023: $299,7112023Revenue 2024: $2,448,294Expenses 2024: $2,695,752Net Income 2024: -$247,4582024Revenue 2025: $2,914,637Expenses 2025: $2,491,895Net Income 2025: $422,7422025

Highlighted filing

2025

Revenue$2,914,637
Expenses$2,491,895
Net Income$422,742
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,259,194
Liabilities
$3,277,468
Net assets
$10,981,726
Revenue
$2,914,637
Expenses
$2,491,895
Net income
$422,742
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$14.3$3.28$11.0$2.91$2.49$0.42
2024Detailed filing. Detailed filing data is available for this year.$14.0$3.26$10.7$2.45$2.70$0.25
2023Detailed filing. Detailed filing data is available for this year.$12.4$2.87$9.57$2.45$2.15$0.30
2022Detailed filing. Detailed filing data is available for this year.$12.2$2.88$9.30$2.70$2.20$0.50
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.1$2.99$11.1$3.08$2.41$0.67
2020Detailed filing. Detailed filing data is available for this year.$13.3$2.86$10.4$2.49$2.23$0.27
2019Detailed filing. Detailed filing data is available for this year.$12.9$2.76$10.2$3.05$2.38$0.67
2018Detailed filing. Detailed filing data is available for this year.$12.0$2.48$9.50$2.13$1.98$0.15
2017Detailed filing. Detailed filing data is available for this year.$11.9$2.54$9.35$2.56$2.08$0.48
2016Detailed filing. Detailed filing data is available for this year.$11.5$2.59$8.87$2.95$2.20$0.76
2015Detailed filing. Detailed filing data is available for this year.$10.4$2.34$8.11$2.19$2.14$0.05
2014Detailed filing. Detailed filing data is available for this year.$10.2$2.05$8.11$2.62$1.92$0.69
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.19$1.71$7.48$1.61
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.08$1.83$7.26$1.64
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.20$1.85$6.35$1.73
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.86$1.72$6.14$1.57
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Mar 6, 2025
Return Version
2024v5.0
Gross Receipts
$3,851,356
Mission and Program Overview

Mission

Provide benefits to members and their families.

Provide benefits to members and their families

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,889,544$10,818,792▲ $929,248
Cash and Non-Interest-Bearing Accounts$1,527,623$1,222,736▼ $304,887
Land, Buildings, and Equipment, Net$1,071,373$1,045,523▼ $25,850
Accounts Receivable$354,395$575,847▲ $221,452
Savings and Temporary Cash Investments$1,056,198$515,556▼ $540,642
Inventories for Sale or Use$71,598$76,925▲ $5,327
Prepaid Expenses and Deferred Charges$3,783$3,815▲ $32
Total Assets$13,974,514$14,259,194▲ $284,680
Liabilities
Other Liabilities$3,060,750$3,096,751▲ $36,001
Accounts Payable and Accrued Expenses$200,418$180,717▼ $19,701
Total Liabilities$3,261,168$3,277,468▲ $16,300
Net Assets / Fund Balance
Net Assets With Donor Restrictions$8,032,265$8,175,359▲ $143,094
Net Assets Without Donor Restrictions$2,681,081$2,806,367▲ $125,286
Total Net Assets Fund Balance$10,713,346$10,981,726▲ $268,380
Total Liabilities and Net Assets / Fund Balance$13,974,514$14,259,194▲ $284,680

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$745,523$722,289$1,467,812
Land$300,000-$300,000
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Dr Hervy B Kornegay JrBoard of Director
Gordon a JoynerExec Director Eme
Randy SkinnerArea 1 Direc
Stormy T ButtsArea 1 Direc
Scott MccaskillArea 10 Dire
William MauneyArea 10 Dire
Cole WyattArea 11 Dire
Tim H PennellArea 11 Dire
Wesley G BlackwelderArea 11 Dire
Christopher J ClineArea 12 Dire
Christopher W JacobsArea 12 Dire
Kenneth a HogueArea 13 Dire
Tom BilligArea 13 Dire
Chad McnabbArea 14 Dire
David StameyArea 14 Dire
Robert D TwomeyArea 15 Dire
Shawn HaynesArea 15 Dire
Butch OliverArea 2 Direc
Michael BryantArea 2 Direc
Ronnie WarrickArea 3 Direc
Steven MillerArea 3 Direc
Bobby Gene MatthisArea 4 Direc
Jerry BradshawArea 4 Direc
Hank HarrisArea 5 Direc
Mac SmithArea 5 Direc
Alexander BeaverArea 6 Direc
Paul NowellArea 6 Direc
David PeaseArea 7 Direc
Jerry CornelisonArea 7 Direc
Christopher a MauneyArea 8 Direc
Joe MancosArea 8 Direc
Billy Sparks JrArea 9 Direc
Jeff HinshawArea 9 Direc
Josh ShumateCommander
Joel FairclothExecutive Di
Robert G PoeVice Command
Revenue and Support

Revenue Composition

Contributions and Grants
$592,554
Program Service Revenue
$1,625,490
Investment Income
$542,972
Other Revenue
$153,621
Change in Net Assets
$422,742

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,914,637
Revenue Not Reported on Form 990
$-154,362
Total Revenue per Audited Statements
$2,760,275
Total Revenue per Form 990
$2,914,637
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$489,657
Other Expenses$309,537
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$1,692,701--$1,692,701
Other Salaries and Wages$357,319--$357,319
Fees for Services Other$72,631--$72,631
Other Employee Benefits-$70,029-$70,029
Conferences and Meetings$5,212$56,902-$62,114
Office Expenses$98$48,817-$48,915
Occupancy-$37,374-$37,374
Pension Plan Contributions-$35,959-$35,959
Depreciation Depletion$35,531--$35,531
Insurance-$35,420-$35,420
Payroll Taxes-$26,350-$26,350
Other Expenses$11,250$1,144-$12,394
Travel-$5,158-$5,158
Total Functional Expenses$2,174,742$317,153$0$2,491,895

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,491,895
Total Expenses per Audited Statements$2,491,895
Total Expenses per Form 990$2,491,895
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Benefits Payable$3,096,751
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
No
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, Page 6, Part VI, Line 11B

“The executive secretary reviews the 990 and then presents it to the board for final approval.”

Form 990, Page 6, Part VI, Line 15A

“All employee pay, including the executive director, is set by a schedule with pay grades. The board of directors must approve the schedule and any updates to the pay grades.”

Form 990, Page 6, Part VI, Line 19

“A copy of documents are provided upon request of members of the public.”

Filing and Contact Details

Filer

Filer Name
Nc Association of Rescue Squads and
EIN
56-6095413
Phone
9197360506
Address
P O BOX 1914, GOLDSBORO, NC 27533

Signing Officer

Name
Joel Faircloth
Title
Executive Director
Phone
9197360506
Signed
2025-03-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joel Faircloth
Formed
1957
Legal Domicile
Nc
Voting Board Members
24
Independent Board Members
24
Employees
5

Preparer

Firm
Nunn Brashear & Uzzell Pa
Address
PO BOX 10127, GOLDSBORO, NC 27532
Preparer
Danna Layne CPA
Phone
9197781000
Raw XML AppendixShowing 400 of 571 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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