Sheppton Oneida Volunteer Fire Company

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 66%)

The Sheppton Oneida Volunteer Fire Company has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. The organization has a solid program expense ratio of 89.77%, showing that a significant portion of its funding is directed toward its mission. However, the low score in accountability raises concerns, particularly due to the absence of key governance policies such as a conflict of interest policy and a whistleblower policy.

While the board size includes a majority of independent members, only 28% of the board is independent, which is a factor that affects the overall governance score. The organization does have strong financial management, evidenced by a low liabilities-to-assets ratio, indicating sound financial health. However, the failure to make vital documents like the tax form available on the nonprofit's website reflects a lack of transparency.

In summary, while Sheppton Oneida Volunteer Fire Company performs well in program spending, serious gaps in governance and accountability need to be addressed to enhance its rating and build trust within the community.

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

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

For more financial information, click here

Official website here: www. sovfc.com