Forest Hill Volunteer Fire Department Inc

Charity Navigator Rating: 50%, One-Star out of Four Star rating.

The Forest Hill Volunteer Fire Department Inc has received a 50% score from Charity Navigator, which translates to a One-Star rating. This rating indicates significant concerns regarding accountability and financial transparency. Notably, the organization lacks independent board members and has missing policies on conflict of interest, whistleblower matters, and document retention, which are critical for governance and transparency.

Despite these weaknesses, the organization has a commendable program expense ratio of 100%, suggesting that all expenditures are directed towards its programmatic activities. Additionally, it has a low liabilities to assets ratio of 2.94%, indicating a strong financial position in terms of asset management. However, the absence of essential governance documents and lack of independent oversight could pose risks to its operational integrity.

In summary, while the Forest Hill Volunteer Fire Department Inc demonstrates sound financial management in terms of program expenses and assets, its overall accountability and governance practices raise concerns. Potential donors and stakeholders should carefully consider these factors when assessing their support for the organization.

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

Forest Hill Volunteer Fire Department Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forest Hill Volunteer Fire Department 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: $0

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