Romulus Volunteer Fire Department

Charity Navigator Rating: Needs Improvement

The Romulus Volunteer Fire Department has received a Two-Star out of Four Star rating, indicating a need for improvement in certain areas. With an overall score of 73%, the organization shows a solid commitment to accountability and finance, particularly highlighted by its high program expense ratio of 93.44% and low liabilities to assets ratio of 9.05%. This suggests that the majority of its funding is directed towards its core mission of fire protection and emergency services.

However, the organization faces significant shortcomings, particularly in governance and transparency. Key policies such as the conflict of interest policy, whistleblower policy, and document retention policy are missing, which has impacted its overall accountability score. Additionally, the absence of a tax form website disclosure raises concerns regarding transparency and public accessibility of financial information.

Despite these limitations, the Romulus Volunteer Fire Department benefits from a fully independent board, which is a positive aspect of its governance structure. Moving forward, addressing the noted deficiencies in policies and disclosures could enhance its rating and overall effectiveness as a nonprofit organization.

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

Romulus Volunteer Fire Department is a legitimate nonprofit organization registered as a 501(c)(3) entity. Romulus 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

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