Cape Fear Ems Foundation
Nonprofit profile at a glance
- EIN
- 994329408
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Wilmington, NC, USA
- Phone
- 3397493979
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Community Foundations
Reported finances
- Revenue
- $7,180
- Expenses
- $1,104
- Assets
- $6,076
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Robert Hollyfield (President)
- Elizabeth Futrell (Vice President)
People named in this filing
- Robert Hollyfield (President)
- Elizabeth Futrell (Vice President)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Cape Fear EMS Foundation is a nonprofit organization established to support and strengthen the emergency medical services community across the Cape Fear region of North Carolina. Our mission is to provide equitable access to pre-hospital education through scholarships for EMS students in New Hanover, Brunswick, Pender, and Columbus counties, and to offer hardship grants to EMS professionals through the Kevin Fuson Memorial Fund. In addition to supporting providers, the Foundation promotes public safety by hosting community CPR and emergency preparedness programs, empowering residents with life-saving skills. Together, these initiatives foster a skilled, resilient, and compassionate EMS workforce and a safer, better-prepared community.
What it reported doing in 2024
Fiscal year 2024 represented the first year of active operations for the Cape Fear EMS Foundation. The organization's primary focus was establishing its structure, raising community awareness, and securing the financial base needed to launch long-term programs. The Foundation hosted three public fundraising events to introduce its mission, engage local residents and first responders, and raise funds to support future scholarships and hardship assistance. During this period, the Foundation also conducted six CPR classes, equipping participants with life-saving skills and strengthening public readiness for medical emergencies. Funds raised through one of the Foundation's major fundraising events have been designated for distribution in the next fiscal year as part of the Kevin Fuson Memorial Fund hardship assistance program, which provides financial relief to EMS professionals facing unexpected challenges. The Board of Directors convened to develop scholarship eligibility criteria and application procedures for EMS students enrolled in regional training programs. The Foundation's first scholarship application cycle is scheduled to open in the next fiscal year. These foundational efforts established the organizational framework, public presence, and funding base necessary to advance the Foundation's exempt purpose of supporting the EMS community and promoting public safety through education and outreach.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 2
- Transparency & Controls: 82
- Sustainability: 86
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0.7%; rating input score 1
- Program expense ratio: 4.5%; rating input score 5
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 84.6%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 5.5; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 0.7% of revenue deployed · 4.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $50 in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- 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.
- High — Financial Efficiency: Mission deployment rate scored 1/100.
- High — Financial Efficiency: Program expense ratio scored 5/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.