Riverdale Volunteer Fire Co Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 68%)

The Riverdale Volunteer Fire Co Inc has received a rating indicating that there are areas requiring improvement, particularly relating to accountability and transparency. While the organization has a perfect score in several key governance aspects, including having an independent board and documenting board meeting minutes, it has significant gaps in its policies and publicly available documentation, which could hinder trust and transparency among stakeholders.

Strengths of the organization include a high score in its liabilities to assets ratio and a solid program expense ratio, indicating that a significant portion of its resources is directed toward its programs. However, the absence of essential policies such as conflict of interest, whistleblower, and document retention policies raises concerns about adherence to best practices in nonprofit governance.

Overall, while the organization demonstrates strong financial metrics and governance structure, the lack of critical policies and missing tax forms on the nonprofit's website are notable limitations. Potential donors and volunteers may want to consider these factors when assessing the organization's overall effectiveness and trustworthiness.

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

Riverdale Volunteer Fire Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverdale Volunteer Fire Co Inc 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.