Lacey Township First Aid Squad Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 64%)

The Lacey Township First Aid Squad Inc has received a rating of "Needs Improvement" from Charity Navigator, reflecting several concerns regarding its governance and financial transparency. With a score of 64%, the organization has no independent board members, which raises questions about the oversight and accountability of its operations. Additionally, there are no financial statements available for review, and the omission of its website on the tax form further highlights gaps in transparency.

Despite these shortcomings, the organization has commendable aspects, particularly in its financial health. The program expense ratio is high at 93.78%, suggesting that a significant majority of its funds are allocated towards direct program services rather than administrative costs. Furthermore, it has a solid liabilities to assets ratio of 0.51%, indicating good financial stability.

Limitations noted include the lack of publicly accessible financial documentation and a complete absence of independent oversight within its board structure. While policies for conflict of interest and whistleblower protections are in place, the overall governance framework could benefit from enhanced independence and transparency to bolster public trust and confidence in the organization.

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

Lacey Township First Aid Squad Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lacey Township First Aid Squad Inc 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: $599,504

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