Lumberton Fire Company No 1

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 60%)

The Lumberton Fire Company No 1 has received a Two-Star rating from Charity Navigator, indicating a need for improvement in various governance and accountability aspects. With an overall score of 60%, the organization shows solid performance in program expenses, achieving a high program expense ratio of 92.52%. This suggests that a majority of their funds are allocated towards their mission-related activities.

However, the organization faces significant challenges in governance, as evidenced by the lack of independent board members and missing key policies such as conflict of interest and whistleblower policies. The absence of an independent board and critical governance protocols may raise concerns regarding transparency and accountability within the organization.

Additionally, the nonprofit's website is not listed on its tax form, and essential documents, including tax forms and board meeting minutes, are not readily available online. These limitations can hinder public trust and understanding of the organization's operations and financial management, underscoring the need for improvements in these areas to enhance overall effectiveness and accountability.

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

Lumberton Fire Company No 1 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lumberton Fire Company 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: $6,074
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,493

For more financial information, click here