Fountain Fire Company No 1

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

Fountain Fire Company No 1 has received a Three-Star rating from Charity Navigator, reflecting a score of 76%. This rating is based solely on their Accountability & Finance metrics, indicating a strong focus on these areas. The organization demonstrates a robust governance structure, with 100% of its board members being independent and having a solid size of 12 members. Additionally, there are no reported material diversions of assets, and the organization maintains a commendable liabilities to assets ratio of 0.78%.

However, the organization has notable weaknesses in its accountability practices. Specifically, it lacks critical policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which received a score of zero. Furthermore, the nonprofit's tax form is not posted on its website, which may limit transparency for potential donors and stakeholders.

Despite these shortcomings, Fountain Fire Company No 1 shows a strong commitment to its programmatic expenses, with a program expense ratio of 75.37%. This demonstrates that a significant portion of its resources is directed toward fulfilling its mission, which is a positive indicator of its operational effectiveness.

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

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

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Official website here: www.hamiltonfd.org