Spring Lake Park Fire Dept Inc

Charity Navigator Rating: 88% (Three-Star out of Four Star rating)

Spring Lake Park Fire Dept Inc has received a solid rating of 88% from Charity Navigator, which reflects its strong performance in accountability and finance. This rating is based solely on the accountability and finance score, indicating that the organization is well-managed in these areas. The absence of material diversion of assets and a favorable liabilities to assets ratio highlight its financial stability.

The organization scores particularly well in governance, with a fully independent board comprising 100% independent members. It also has effective oversight mechanisms, as evidenced by its audit and oversight committee's strong performance. However, the absence of a conflict of interest policy and a document retention policy may be areas for improvement.

Program efficiency is commendable, with a program expense ratio of 72.73%. This suggests that a significant portion of its funding is directed toward its core mission. Overall, while Spring Lake Park Fire Dept Inc demonstrates a robust financial and governance framework, addressing certain policy gaps could enhance its accountability further.

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

Spring Lake Park Fire Dept Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spring Lake Park Fire Dept 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: $409,950
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,204,946

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Official website here: www.sbmfire.com