Lionville Fire Company

Charity Navigator Rating: 84%, Three-Star out of Four Star rating.

Lionville Fire Company has received an 84% rating from Charity Navigator, indicating a solid performance in accountability and finance. This rating is primarily based on their strong financial health and governance practices, with a perfect score in several areas, including having a fully independent board and no material diversions of assets. Their program expense ratio of 84.39% suggests that a significant portion of their funding is directed toward their mission-related activities.

The organization is noted for its transparency, as they have their financial statements and tax forms readily available on their website. However, it's important to note that they lack certain policies that are typically recommended, such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These gaps may raise concerns about their overall governance framework, despite their high marks in other areas.

Overall, Lionville Fire Company demonstrates strong financial accountability and a commitment to its mission. While there are some areas for improvement in governance policies, their positive ratings reflect a stable and responsible organization that effectively utilizes its resources in support of its community services.

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

Lionville Fire Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lionville 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: $12,363
Other Salaries and Wages: $0

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Official website here: www.lionvillefire.org