Belvedere Volunteer Fire Co

Charity Navigator Rating: 69%, Two-Star out of Four Star rating.

Belvedere Volunteer Fire Co has received a Two-Star rating from Charity Navigator, indicating some areas of concern in its accountability and finance practices. While the organization boasts a high level of independent board members and a strong program expense ratio of 88.74%, it lacks key policies such as a conflict of interest policy, whistleblower policy, and document retention policy, which has negatively impacted its overall score.

The organization demonstrates solid financial health with a low liabilities-to-assets ratio of 25.34%, reflecting stability. However, the absence of certain governance practices raises questions about transparency and oversight. Although it has performed well in some areas, the missing policies could hinder its ability to effectively manage conflicts and protect whistleblowers, which are critical for nonprofit operations.

Overall, while Belvedere Volunteer Fire Co shows a commitment to its mission through its program expenses, the lack of essential policies and governance measures suggests room for improvement in its accountability practices. Addressing these gaps could enhance its rating and foster greater trust with the community it serves.

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

Belvedere Volunteer Fire Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Belvedere Volunteer Fire Co 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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Official website here: www.bvfd30.com