Fairfield Hose Company

Charity Navigator Rating: 71% (Two-Star out of Four Star rating). The rating indicates that Fairfield Hose Company has moderate performance in accountability and finance. While it has strengths in independent board member representation and a high program expense ratio, which suggests effective use of funds directly for its mission, there are significant gaps in financial transparency.

The organization has a strong focus on program expenses, with nearly all funds allocated to its programs. However, the lack of financial statements and missing accountability documents such as a whistleblower policy and a conflict of interest policy may raise concerns about transparency and governance. Additionally, the absence of a website listed on the tax form further detracts from its overall accountability score.

Despite these limitations, the organization reports no material diversion of assets and maintains a healthy liabilities to assets ratio, indicating financial stability. For potential donors, while the high program expense ratio is encouraging, the noted deficiencies in transparency should be carefully considered before contributing.

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

Fairfield Hose Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fairfield Hose 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

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