Blackwood Fire Company

Charity Navigator Rating: 64%, earning it a Two-Star out of Four Star rating. This rating reflects various aspects of the Blackwood Fire Company's accountability and financial practices. While the organization has strengths in areas such as independent board membership and transparency in documenting board meeting minutes, there are notable weaknesses that affect its overall rating.

The organization scored well in financial management, with a high program expense ratio of 96.72%, indicating a strong commitment to putting funds directly toward its mission. However, the liabilities to assets ratio of 62.47% suggests potential financial vulnerabilities. Additionally, the lack of critical governance policies—such as conflict of interest and whistleblower policies—raises concerns about the organization's internal controls and overall accountability.

Overall, while the Blackwood Fire Company demonstrates dedication to its mission and has sound financial management practices, the absence of key governance policies and the relatively high liabilities to assets ratio are significant limitations. These factors contribute to its Two-Star rating, indicating that potential donors should consider these aspects carefully when evaluating their support for the organization.

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

Blackwood Fire Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blackwood Fire Company 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: $5,481
Other Salaries and Wages: $0

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