Manchester Fire Engine & Hook & Lad

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

The Manchester Fire Engine & Hook & Lad has received a two-star rating from Charity Navigator, indicating it needs improvement. The organization scores 69% overall, reflecting both strengths and weaknesses in its accountability and financial management practices. Notably, it boasts a fully independent board, which is a positive aspect of its governance structure.

Despite its strengths, the organization has several significant limitations. It lacks essential policies such as a conflict of interest policy and a whistleblower policy, both of which are critical for transparent operations. Additionally, the absence of financial statements and the nonprofit's tax form on its website raises concerns about its financial transparency.

On a positive note, the organization demonstrates a high program expense ratio of 92%, indicating that a significant portion of its expenditures supports its programs directly. However, improvement in accountability measures and financial documentation will be necessary for the organization to enhance its rating and build trust with stakeholders.

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

Manchester Fire Engine & Hook & Lad is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manchester Fire Engine & Hook & Lad 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: $587,677

For more financial information, click here

Official website here: www.manchestervfd.org