Thornwood Fire Co No 1

Charity Navigator Rating: 36%

Thornwood Fire Co No 1 has received a low rating of 36%, which translates to a Zero-Star out of Four Stars designation. This rating is based solely on their Accountability & Finance metrics, highlighting significant areas of concern despite some strengths in governance. Notably, the organization has a fully independent board and has not diverted assets, scoring well in these areas.

However, critical weaknesses are evident, particularly the absence of several key policies, including a conflict of interest policy, whistleblower policy, and document retention guidelines. These missing elements led to low scores in accountability, ultimately affecting the overall rating. Additionally, the organization has not demonstrated effective use of its resources with a program expense ratio of 0.00%.

While the governance structure shows promise, the lack of critical financial transparency and policies raises concerns about the organization's operational integrity and accountability to its stakeholders. The nonprofit's future effectiveness may hinge on addressing these deficiencies to improve its standing and trust within the community.

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

Thornwood Fire Co No 1 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thornwood Fire Co No 1 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: $700
Professional Fundraising Fees: $2,409
Other Salaries and Wages: $0

For more financial information, click here

Official website here: www.thornwoodfire.com