Wise Rescue Squad INC EIN 52-1358369 Form 990 (PDF) Claim this org

Wise Rescue Squad INC

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Provides emergency medical and lifesaving services to the community and surrounding areas. For fiscal year 2025 it reported $688K in revenue, $673K in expenses, and $288K in net assets.Pt I

Founded
1984
Type
Public charity (501(c)(3)) · Health Care
Location
Wise, VA
Filings
6 on file (2020–2025)
Revenue
$688KFY2025
Expenses
$673K
Net assets
$288K
People
5
Filings
6
Updates
0
More identity details & actions ⌄
EIN  52-1358369 Public charity (501(c)(3)) Wise, VA Founded 1984
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides emergency medical and lifesaving services to the community and surrounding areas.
Leadership
Billy J Garrison · 1st Lieutenant · $63K
Money in and out
$688K revenue, $673K expenses
Bottom line
99% program efficiency
Where the money goes · FY2025
Total revenue
$688K
Pt VIII · Ln 12
Total expenses
$673K
Pt IX · Ln 25
Net assets
$288K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $16K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs<0.01% vs prior filing year
Operating runway
2.0mo
months of highly liquid reserves at operating expense rate▲ +43% vs prior filing year
Surplus margin
+2%
revenue over expenses, this year▲ +106% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$688K
FY2025▲ +73%
Expenses
$673K
FY2025▲ +23%
Total assets
$407K
FY2025▲ +49%
Total liabilities
$119K
FY2025▲ ×115
Total revenue
$688K
Pt VIII · Ln 12
Total expenses
$673K
Pt IX · Ln 25
Net assets
$288K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$16K
Total assetsPt X · Ln 16$407K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWise Rescue Squad INC
EINHdr · item D52-1358369
Principal addressHdr · item CWise, VA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1984
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E62Z)
Ruling yearIRS BMFOct 1984

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
1st Lieutenant
$63,005Pt VII · Sec A
Squad Sec/Treas Dir
$56,082Pt VII · Sec A
Squad Captain
$4,860Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Billy J Garrison’s $63K as 1st Lieutenant is at the 48th percentile of top reported officer pay among 1965 $100K–1M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Billy J Garrison$63,005$55,115$51,338$44,207$36,397$37,336
Robert Short$56,082$45,691$39,625$32,836$22,350$16,402
Tim Dotson$4,860

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $664K of program spending, described in the organization's own filed words · FY2025.
01

Provide emergency medical and lifesaving services to the community

$664Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$361K · 52%
Contributions & grants$328K · 48%
Program service revenue52%$361K
Contributions & grants48%$328K
Investment income$263
— government grantsLn 1e$327K
Total revenueLn 12$688K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$664K
Management & general1%$9K
Total functional expensesLn 25$673K

Balance Sheet

Part X · end of year
CashLn 1$114K
Total assetsLn 16$407K
Total liabilitiesLn 26$119K
Total net assetsLn 32$288K
Months of cash on handcomputed2.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $114K · Operating expenses/yr $673K
2.0 months
Where the money goes
Program services
Program services $664K · Total expenses $673K
99%
Management & General
Management & general $9K · Total expenses $673K
1%
Fundraising
Fundraising $0 · Total expenses $673K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $38K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $328K · Total revenue $688K
48%
Government reliance
Government grants $327K · Total revenue $688K
47%
Earned-income share
Program service revenue $361K · Total revenue $688K
52%
Investment reliance
Investment income $263 · Total revenue $688K
+0.04%
Program self-sufficiency
Program service revenue $361K · Total expenses $673K
54%
Growth & trend
Revenue growth (YoY)
This year $688K · Prior year $398K
+73%
Revenue CAGR
FY2020 $369K · FY2025 $688K
+13%
Net-asset trend (YoY)
End of year $288K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $688K · Expenses $673K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $407K
Net-asset ratio
Net assets $288K · Total assets $407K
71%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $407K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Billy J Garrison · Reported title 1ST LIEUTENANT · Highest reported compensation $63K · Total expenses $673K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $408K · Total expenses $673K
61%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Revenue growth 73%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$8K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$688K revenue · viewing · ⤓ 990 PDF
FY2024$398K revenue · ⤓ 990 PDF
FY2023$470K revenue · ⤓ 990 PDF
FY2022$431K revenue · ⤓ 990 PDF
FY2021$855K revenue · ⤓ 990 PDF
FY2020$369K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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