Potomac Valley Fire Company Inc

Charity Navigator Rating: 1-Star out of Four Stars (53%)

The Potomac Valley Fire Company Inc has received a low rating of 53%, indicating significant concerns regarding its accountability and finance practices. The rating is based solely on the Accountability & Finance score, which highlights a lack of independent board members and missing critical policies such as conflict of interest and whistleblower protections. The absence of these key governance elements raises questions about the organization's transparency and ethical practices.

Despite these governance issues, the Potomac Valley Fire Company does display strengths in its financial management. The organization has a program expense ratio of 92.91%, meaning a significant portion of its expenses are directed towards its programs rather than administrative costs. Additionally, it has a favorable liabilities to assets ratio of 5.55%, suggesting that it maintains a sound financial position relative to its assets.

However, the overall lack of accountability measures, including a missing website on its tax form and several missing policies, could hinder the trust of potential donors and the community it serves. Without improvements in these areas, the organization may struggle to enhance its reputation and secure future funding.

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

Potomac Valley Fire Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Potomac Valley 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: $35,898

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