Davidson County Rescue Squad Inc
- Assets
- $271.2k
- Revenue
- $163.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, NC
- Founding
- 06/1960
- Data as of
- 10/2020
- EIN
- 56-6063472
Organization Overview
Davidson County Rescue Squad Inc is located in Lexington, NC. The organization was established in 1960. According to its NTEE Classification (E62) the organization is classified as: Emergency Medical Services & Transport, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Davidson County Rescue Squad Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2020, Davidson County Rescue Squad Inc generated $163.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $126.7k during the year ending 10/2020. As we would expect to see with falling revenues, expenses have declined by (17.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE RESCUE SERVICES TO DAVIDSON COUNTY, NC
Describe the Organization's Program Activity:
Part 3 - Line 4a
TOTAL PROGRAM SERVICE EXPENSE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danny Sams Director - President | OfficerTrustee | 5 | $0 |
Christy T Morrow Director - Vice President | OfficerTrustee | 5 | $0 |
Dawn Hewett Secretary | OfficerTrustee | 5 | $0 |
Maurice Hodges Director-Treasurer | OfficerTrustee | 5 | $0 |
Jerry Sink Director | Trustee | 5 | $0 |
Randy Freedle Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $155,762 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $163,003 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,007 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,504 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,332 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,939 |
| Insurance | $28,906 |
| All other expenses | $0 |
| Total functional expenses | $126,748 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,237 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $271,188 |
| Accounts payable and accrued expenses | $50,628 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $243,806 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $294,434 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | -$23,246 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Davidson County Rescue Squad Inc has recieved totaling $23,357.
| Awarding Organization | Amount |
|---|---|
United Way Of Davidson County Inc Lexington, NC PURPOSE: Provides emergency medical assistance and rescue to the DC area in co-operation with DC EMS and local fire departments. | $23,357 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Memphis Medical Center Air Ambulance Service Inc Memphis, TN | $52,176,003 | $31,799,991 |
Houston Healthcare Ems Inc Warner Robins, GA | $925,901 | $5,453,899 |
Morristown Hamblen Emergency Medical Service Company Morristown, TN | $2,987,795 | $7,412,179 |
Hamilton Emergency Medical Services Inc Dalton, GA | $2,071,608 | $4,035,227 |
Piedmont Triad Ambulance & Rescue Inc High Point, NC | $5,387,528 | $5,724,646 |
Edgecombe County Rescue Squad Tarboro, NC | $1,220,616 | $4,673,723 |
Danville Life Saving And First Aid Crew Inc Danville, VA | $9,749,039 | $4,379,356 |
Grundy Emergency Medical Services Inc Coalmont, TN | $1,130,410 | $3,756,125 |
Carter County Emergency & Rescue Squad Inc Elizabethton, TN | $3,478,374 | $3,478,036 |
Mercy Medical Angels Virginia Beach, VA | $2,761,673 | $4,951,063 |
Cary Area Ems Cary, NC | $2,538,441 | $3,123,472 |
Hawkins County Emergency Medical Services Inc Rogersville, TN | $2,284,321 | $3,846,601 |