Pocomoke City Volunteer Fire Co Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 67%)

The Pocomoke City Volunteer Fire Co Inc received a Two-Star rating from Charity Navigator, indicating that there are significant areas for improvement within the organization. Although the charity demonstrates excellent accountability in terms of board independence and has a very low liabilities to assets ratio, it lacks key financial documentation and policies that are essential for transparency and governance.

One of the notable strengths of the organization is its high program expense ratio of 96.85%, suggesting that a large majority of its expenditures are directed towards its mission-related activities. However, the absence of financial statements and several governance policies, including a conflict of interest policy and a whistleblower policy, raises concerns about operational transparency and accountability.

Overall, while Pocomoke City Volunteer Fire Co Inc shows dedication to its mission and has an independent board structure, the lack of necessary financial documentation and policies could hinder its effectiveness and trustworthiness in the eyes of potential donors and the community. Addressing these issues would be crucial for enhancing its rating and overall impact.

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

Pocomoke City Volunteer Fire Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pocomoke City Volunteer Fire Co 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: $0

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