Morgan County Rescue Squad EIN 57-0887783 Form 990 (PDF) Claim this org

Morgan County Rescue Squad

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Morgan County Rescue Squad is a disaster relief nonprofit based in Decatur, AL. For fiscal year 2024 it reported $119K in revenue, $96K in expenses, and $90K in net assets.Pt I

Type
Public charity (501(c)(3)) · Public Safety & Disaster
Location
Decatur, AL
Website
www.morgancountyrescuesquad.org
Filings
3 on file (2021–2024)
Revenue
$119KFY2024
Expenses
$96K
Net assets
$90K
People
5
Filings
3
Updates
0
More identity details & actions ⌄
EIN  57-0887783 Public charity (501(c)(3)) Decatur, AL
Form 990 (PDF)
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Size
$100K–1M
What they do
a disaster relief nonprofit
Leadership
Ben Waple · Secretary
Money in and out
$119K revenue, $96K expenses
Bottom line
100% program efficiency
Where the money goes · FY2024
Total revenue
$119K
Pt VIII · Ln 12
Total expenses
$96K
Pt IX · Ln 25
Net assets
$90K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $23K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs▲ +240% vs prior filing year
Operating runway
12.0mo
months of highly liquid reserves at operating expense rate▼ -10% vs prior filing year
Surplus margin
+19%
revenue over expenses, this year▼ -47% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$119K
FY2024▼ -17%
Expenses
$96K
FY2024▲ +6%
Total assets
$136K
FY2024▼ -4%
Total liabilities
$46K
FY2024▼ -9%
Total revenue
$119K
Pt VIII · Ln 12
Total expenses
$96K
Pt IX · Ln 25
Net assets
$90K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$23K
Total assetsPt X · Ln 16$136K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $82K of program spending, described in the organization's own filed words · FY2024.
01

See attached statement see attached exemption statement

$82Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMorgan County Rescue Squad
EINHdr · item D57-0887783
Principal addressHdr · item CDecatur, AL
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic Safety & Disaster (M230)
Ruling yearIRS BMFJun 1989

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1bpending
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$119K
Total revenueLn 12$119K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$96K
Total functional expensesLn 25$96K

Balance Sheet

Part X · end of year
CashLn 1$96K
Total assetsLn 16$136K
Total liabilitiesLn 26$46K
Total net assetsLn 32$90K
Months of cash on handcomputed12.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $96K · Operating expenses/yr $96K
12.0 months
Where the money goes
Program services
Program services $96K · Total expenses $96K
100%
Management & General
Management & general $0 · Total expenses $96K
0%
Fundraising
Fundraising $0 · Total expenses $96K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $3K · Solicited contributions (2-yr avg) $131K
$0.02 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $119K · Total revenue $119K
100%
Government reliance
Government grants — · Total revenue $119K
Earned-income share
Program service revenue $0 · Total revenue $119K
0%
Investment reliance
Investment income $0 · Total revenue $119K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $96K
0%
Growth & trend
Revenue growth (YoY)
This year $119K · Prior year $143K
-17%
Net-asset trend (YoY)
End of year $90K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $119K · Expenses $96K
+19%
Liabilities-to-Assets
Total liabilities — · Total assets $136K
Net-asset ratio
Net assets $90K · Total assets $136K
66%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $136K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ben Waple · Reported title SECRETARY · Highest reported compensation $0 · Total expenses $96K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $96K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth -17%

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 · FY2024
Total grants receivedfrom 1 funder$14K

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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
FY2024 (Latest)$119K revenue · viewing · ⤓ 990 PDF
FY2023not on file
FY2022$143K revenue · ⤓ 990 PDF
FY2021$129K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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