Toms River First Aid Squad Inc

Charity Navigator Rating: 44%, Zero-Star out of Four Star rating.

Toms River First Aid Squad Inc has received a low score of 44%, indicating significant concerns regarding its accountability and financial practices. One of the main issues is the complete lack of independent board members, which raises questions about governance and oversight. Additionally, the organization is missing several key policies, including conflict of interest, whistleblower, and document retention policies, which are critical for transparency.

On a positive note, the organization has demonstrated a low liabilities to assets ratio at 4.86%, reflecting a stable financial condition in terms of debt management. Furthermore, it has a commendable program expense ratio of 60.06%, suggesting that a majority of its expenditures are directed towards programs rather than administrative costs. However, these strengths do not outweigh the significant deficiencies noted in governance and policy adherence.

Overall, while Toms River First Aid Squad Inc shows some promising financial indicators, the absence of independent oversight and critical governance policies places it in a concerning position, warranting caution from potential donors.

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

Toms River First Aid Squad Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Toms River First Aid Squad Inc 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.none