Watchung Chemical Engine Co Inc

Charity Navigator Rating: 53%, One-Star out of Four Stars

Watchung Chemical Engine Co Inc has received a one-star rating from Charity Navigator, which indicates significant concerns regarding its accountability and finance practices. The overall score of 53% is primarily derived from its Accountability & Finance score, reflecting a lack of independent board members and several missing policies that are crucial for transparent governance.

Strengths of the organization include a perfect program expense ratio of 100%, suggesting that all funds are directed towards its programmatic activities. Additionally, the organization has maintained a strong liabilities to assets ratio of 0.00%, indicating sound financial stability in terms of its obligations. However, the absence of independent board members and critical governance policies raises questions about the effectiveness of its oversight.

Limitations noted in the data include missing important policies such as a conflict of interest policy and a whistleblower policy, as well as the absence of a website listed on the tax form and posted tax documents. These gaps in governance could hinder the organization’s accountability to its stakeholders and the public.

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

Watchung Chemical Engine Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Watchung Chemical Engine Co 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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