Bowers Fire Company Inc

Charity Navigator Rating: Needs Improvement, Overall Score: 69%, Two-Star out of Four Star rating

Bowers Fire Company Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in various operational aspects. With a score of 69%, the organization demonstrates strengths in areas such as having a fully independent board and a strong program expense ratio, which is 80.56%. This suggests that a significant portion of its expenditures is directed towards its program services rather than administrative costs.

However, the organization faces several accountability challenges. It has not provided financial statements, which significantly impacts its transparency score. Additionally, the absence of key policies, such as a conflict of interest policy and a whistleblower policy, raises concerns about governance practices. While the organization has documented board meeting minutes, the lack of publicly available financial information and essential policies limits donor confidence.

In summary, while Bowers Fire Company Inc shows a commitment to its mission through a strong program expense ratio and an independent board, its rating highlights several governance and transparency issues that need to be addressed to enhance accountability and trust with stakeholders.

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

Bowers Fire Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bowers Fire Company 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $234,031

For more financial information, click here

Official website here: www.bowersfire.com