Prospect Volunteer Ambulance Inc

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

Prospect Volunteer Ambulance Inc has received a "Needs Improvement" rating from Charity Navigator, reflecting an overall score of 73%. This rating indicates some strengths in governance, such as the organization having a fully independent board and no reported material diversion of assets. Additionally, the organization demonstrates a strong commitment to program expense allocation, with an impressive program expense ratio of 99.29%.

However, the nonprofit faces significant challenges, particularly concerning its financial transparency. The absence of financial statements and key documents such as the tax form on its website has negatively impacted its Accountability & Finance score. Furthermore, the organization lacks essential policies like whistleblower protection and document retention, which are critical for maintaining transparency and accountability.

While the organization maintains a high level of commitment to its mission, these limitations in governance and financial disclosure may raise concerns for potential donors and stakeholders. Improving its financial documentation and establishing necessary policies could enhance its rating and overall effectiveness in serving the community.

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

Prospect Volunteer Ambulance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prospect Volunteer Ambulance 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: $427,448

For more financial information, click here

Official website here: www.starambulance.org