Lovettsville Fire & Rescue Co

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

Lovettsville Fire & Rescue Co has received a rating categorized as "Needs Improvement" by Charity Navigator, indicating that while there are some positive aspects, significant areas require attention. The organization has a solid program expense ratio of 84.83%, suggesting that a large portion of its expenses is directed toward its mission-related activities. Additionally, the board is entirely independent, reflecting strong governance practices.

However, the organization faces challenges in terms of accountability and transparency. The absence of key policies such as conflict of interest and whistleblower policies, alongside missing financial statements, contributes to the overall low score in the Accountability & Finance category. These gaps can raise concerns about the organization's operational integrity and its commitment to best practices in nonprofit management.

While Lovettsville Fire & Rescue Co demonstrates effective financial management with a low liabilities to assets ratio, the need for improved governance policies and transparency is clear. Addressing these limitations could enhance trust and support from the community and potential donors.

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

Lovettsville Fire & Rescue Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lovettsville Fire & Rescue Co 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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Official website here: www.lovettsvillevfr.org