West Sand Lake Volunteer Fire Co No 1

Charity Navigator Rating: Two Stars (73%)

West Sand Lake Volunteer Fire Co No 1 has received a Two-Star out of Four Star rating from Charity Navigator, indicating that the organization is facing significant challenges in its accountability and transparency practices. While the organization demonstrates strong governance with fully independent board members and no material diversion of assets, it lacks essential policies such as conflict of interest, whistleblower, and document retention policies, which are critical for effective nonprofit management.

The organization excels in its program expense ratio, allocating 96.36% of its resources directly to programs, which reflects its commitment to its mission. Additionally, it has a commendable liabilities-to-assets ratio of 0.00%, suggesting financial stability in terms of debt management. However, the absence of key financial documents on its website, including the tax form, raises concerns about transparency and accessibility for stakeholders.

Overall, while West Sand Lake Volunteer Fire Co No 1 displays strengths in financial management and governance, the absence of vital policies and missing documentation limits its overall rating and effectiveness. This highlights the need for improvements in its operations to enhance accountability and transparency to better serve the community.

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

West Sand Lake Volunteer Fire Co No 1 is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Sand Lake Volunteer Fire Co No 1 submitted a form 990EZ, 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.

Official website here: www.westsandlakefire.org