Hancock Fire Company

Charity Navigator Rating: 73% (Two-Star out of Four Stars)

Hancock Fire Company has received a score of 73%, which translates to a Two-Star rating. This indicates that while the organization demonstrates some positive aspects in accountability and finance, there are significant areas that require improvement. The charity's strengths include a fully independent board, effective asset management, and a high program expense ratio, suggesting that a large percentage of donations are being directed toward its core mission.

Despite these strengths, Hancock Fire Company faces notable limitations, particularly in transparency and governance. The organization lacks several key policies and practices, including a conflict of interest policy, a whistleblower policy, and proper documentation related to board meetings and retention. Additionally, the absence of its website listed on tax forms and failure to post required tax documents on its website highlight a need for greater adherence to best practices in nonprofit management.

Overall, while Hancock Fire Company shows strong financial accountability, the gaps in policy and transparency could hinder its effectiveness and trustworthiness among potential donors and the community it serves. Addressing these areas could improve its overall rating and enhance public confidence in its operations.

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

Hancock Fire Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hancock Fire Company 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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