Boyce Volunteer Fire Company Inc

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

The Boyce Volunteer Fire Company Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in various operational aspects. While the organization boasts a strong accountability rating due to 100% of its board members being independent and having appropriate board meeting documentation, it falls short in several critical areas related to transparency and governance.

The organization's financial management exhibits strengths, particularly with a program expense ratio of 86.77%, indicating that a significant majority of its funds are directed towards its mission. However, the absence of financial statements and other essential governance policies, such as a conflict of interest policy and a whistleblower policy, reflects areas where the organization could enhance its accountability practices. The rating also points to the lack of a website listed on the tax form and other documentation that would bolster transparency.

Overall, while Boyce Volunteer Fire Company Inc demonstrates a commitment to its service through effective financial allocation, it must address its governance deficiencies to improve its rating and ensure greater accountability to stakeholders.

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

Boyce Volunteer Fire Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boyce Volunteer 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: $69,265

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