Excelsior Hose Co 2

Charity Navigator Rating: 38%, Zero-Star out of Four Star rating.

Excelsior Hose Co 2 has received a low rating primarily due to its accountability and finance practices. The organization has no independent board members, which raises concerns about governance and oversight. Notably, several key policies, including conflict of interest and whistleblower policies, are missing, highlighting a lack of transparency and accountability.

On a positive note, the organization's program expenses are entirely allocated to its mission, scoring full marks in that category. Additionally, there has been no material diversion of assets, indicating financial integrity in that aspect. However, with a liabilities to assets ratio of 345.39%, the organization's financial health is a cause for concern. Overall, the rating suggests significant improvements are needed in governance and policy structure to enhance its operational effectiveness.

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

Excelsior Hose Co 2 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Excelsior Hose Co 2 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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