Gumboro Volunteer Fire Company

Charity Navigator Rating: 73% (Two-Star out of Four Star rating)

The Gumboro Volunteer Fire Company has received a two-star rating from Charity Navigator, indicating a moderate performance in terms of accountability and financial health. With an Accountability & Finance Score of 73, the organization demonstrates some strengths, such as having a fully independent board and a favorable program expense ratio of nearly 94%, which suggests a strong focus on programmatic spending.

However, the organization has notable weaknesses that impact its overall rating. Specifically, the absence of a whistleblower policy and a document retention and destruction policy reflect gaps in governance practices. These missing policies may raise concerns about transparency and proper management of organizational practices.

Despite these limitations, the Gumboro Volunteer Fire Company maintains a solid financial standing with a low liabilities to assets ratio of 41.69%. This indicates a reasonable level of financial stability, allowing the organization to potentially continue its operations and service to the community effectively, even while improvement in governance is needed.

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

Gumboro Volunteer Fire Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gumboro Volunteer 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: $0
Other Salaries and Wages: $366,925

For more financial information, click here

Official website here: www.gumborovfc.com