Southport Volunteer Fire Department

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

The Southport Volunteer Fire Department has received a Three-Star rating from Charity Navigator, indicating a fair level of accountability and financial health. The rating is based entirely on a single beacon score, showcasing strong performance in areas such as independent board membership and the absence of material asset diversion, which reflects positively on the organization's governance.

Strengths noted in the evaluation include a fully independent board comprised of 17 members and a perfect program expense ratio, where all expenses are directed towards its mission. Furthermore, essential documents like board meeting minutes are appropriately maintained, demonstrating good record-keeping practices.

However, the organization does face some limitations, particularly the absence of key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These gaps may raise concerns regarding transparency and accountability. Addressing these issues could enhance the organization's overall rating and foster greater trust among stakeholders.

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

Southport Volunteer Fire Department is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southport Volunteer Fire Department 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: $0

For more financial information, click here

Official website here: www.southportfire.org