Edgely Fire Co No 1

Charity Navigator Rating: 54%, One-Star out of Four Star rating.

Edgely Fire Co No 1 has received a low rating of 54%, indicating significant concerns regarding its accountability and transparency. The organization lacks independent board members and has not provided financial statements, which are critical for assessing financial health and governance. Additionally, the absence of key policies such as conflict of interest and whistleblower protections raises further questions about operational integrity.

On a positive note, the nonprofit demonstrates a strong commitment to its mission, as evidenced by a high program expense ratio of 93.65%. This suggests that the majority of its funds are directed towards its programs rather than administrative costs. Furthermore, the organization has maintained a low liabilities to assets ratio of 14.60%, indicating a relatively stable financial structure.

Despite its strengths in program spending, the absence of necessary governance policies and independent oversight significantly hampers Edgely Fire Co No 1's rating. Prospective donors and stakeholders may want to consider these factors carefully before engaging with the organization.

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

Edgely Fire Co No 1 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edgely Fire Co No 1 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: $2,556
Other Salaries and Wages: $0

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