Bolar Volunteer Rescue Squad

Nonprofit profile at a glance

EIN: 843393836
IRS 990-EZ coverage: 2020–2022
Forms available: Form 990-EZ 2022, Form 990-N 2019
Location: Monterey, VA, USA
Phone: 5408395695
Rating: 75
Verdict: SUPPORTED
Rating confidence: Moderate
Sector: Search and Rescue Squads

Reported finances

Revenue: $38,021
Expenses: $60,999
Assets: $3,122

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

Chris Moore (President)
Andrew Terry (Vice President)

People named in this filing

Matt Ratcliff (Captain)
Chris Moore (President)
Jed Thomas (Training officer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide rescue and first aid to citizens in the Bolar and surrounding area in Highland and Bath Co. Virginia

What it reported doing in 2022

Send rescue personnel to accident sights, fires, homes, in Bath and Highland Counties of Virginia

Operating model

Revenue model: Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model: Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

Financial Efficiency: 78
Transparency & Controls: 82
Sustainability: 15
Growth: 40

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 90.8%; rating input score 91
Program expense ratio: 56.6%; rating input score 57

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -60.4%; rating input score 12; 12th percentile among comparable filings
Total-asset coverage ratio: 0.05; rating input score 8; 8th percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: 60% per year; rating input score 100; 93rd percentile among comparable filings
Revenue growth: -37.6% per year; rating input score 0; 9th percentile among comparable filings
Asset growth: -99.9% per year; rating input score 0; 1st percentile among comparable filings

Details

Where the money goes: 90.8% of revenue deployed · 56.6% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $35K in reported program spending
Leadership: top reported pay $0 · 10 people listed
Consistency: 6 of 6 current checks pass
Schedules: 2 filed schedules
Filing history: 3 filing years from 2020 to 2022
Contacts: How to reach this organization
Money network: Resolved incoming and outgoing counterparties from filed money flows.
Related organizations: Filed and resolved organization relationships.
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Review — Financial Efficiency: Program expense ratio scored 57/100.
High — Sustainability: Operating margin scored 12/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 8/100.
High — Growth: Asset growth scored 0/100.
Review — Sustainability: Officer compensation ratio scored 56/100.