Victoria Fire & Rescue Company Inc

Charity Navigator Rating: 67%, Two-Star out of Four Stars

Victoria Fire & Rescue Company Inc has received a 67% rating from Charity Navigator, which translates to a Two-Star rating. This score indicates that while the organization demonstrates solid accountability and finance practices, there are areas that require improvement. The overall rating is primarily derived from a single beacon focusing on accountability and finance.

The organization excels in several key areas, including having a fully independent board, a strong program expense ratio of 89.54%, and complete documentation of board meeting minutes. These strengths reflect good governance practices and a commitment to financial transparency, which are essential for building trust with donors and stakeholders.

However, the organization faces challenges in its financial health, particularly evidenced by a liabilities to assets ratio of 129.78%, which raises concerns about its long-term sustainability. While the charity demonstrates a strong commitment to its mission through program expenses, addressing its financial liabilities will be crucial for ensuring its continued effectiveness and stability in the future.

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

Victoria Fire & Rescue Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Victoria Fire & Rescue 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: $481,069

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