Brookfield Volunteer Fire Company Inc

Charity Navigator Rating: Needs Improvement

Brookfield Volunteer Fire Company Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its organizational practices. The overall score of 69% reflects a strong commitment to transparency in certain areas, such as having 100% independent board members and no material diversion of assets. The organization also maintains a low liabilities to assets ratio and a high program expense ratio, suggesting effective allocation of resources towards its mission.

However, the nonprofit faces significant shortcomings in governance policies, as it lacks essential documents like a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These omissions highlight areas where accountability and risk management could be enhanced, potentially affecting stakeholder trust and organizational integrity.

Overall, while Brookfield Volunteer Fire Company Inc demonstrates strengths in financial management and board independence, addressing its governance policy gaps is crucial for improving its rating and effectiveness as a nonprofit organization.

This AI summary has been generated from information found on Charity Navigator.

Brookfield Volunteer Fire Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brookfield Volunteer Fire Company Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $136,523

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Official website here: www.bvfc.net