Waverly Volunteer Fire Association

Charity Navigator Rating: 73%, Two-Star out of Four Star rating. The rating reflects a moderate level of accountability and financial health for the Waverly Volunteer Fire Association. A score of 73 indicates that while the organization meets some standards for transparency and effective governance, there are several areas where improvement is needed.

Strengths for the Waverly Volunteer Fire Association include a fully independent board and strong financial ratios, such as a program expense ratio of 76.62% and a liabilities to assets ratio of 0.00%. These metrics suggest that the organization effectively manages its resources and prioritizes its mission-related activities. Additionally, the association documents board meeting minutes, demonstrating a level of organizational transparency.

However, there are notable limitations in the areas of policy documentation and online presence. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy, as well as the lack of a website listed on tax forms, indicate potential gaps in governance practices. These missing elements may impact the organization's perceived transparency and accountability, suggesting areas for necessary improvement.

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

Waverly Volunteer Fire Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waverly Volunteer Fire Association 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.

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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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