Cumberland Road Volunteer Fire Department Inc

Charity Navigator Rating: 88% (Three-Star out of Four Star rating)

Cumberland Road Volunteer Fire Department Inc has achieved a Three-Star rating, reflecting a strong emphasis on accountability and financial health. The organization scored 88% overall, with its rating based entirely on a single beacon score focused on accountability and finance. Key strengths include a fully independent board and a high program expense ratio of 96.17%, indicating that the majority of funds are directed toward its mission-related activities.

The organization also excels in areas such as financial oversight, with a well-functioning Audit and Oversight Committee and no material diversion of assets reported. Additionally, it maintains solid governance practices, including an effective conflict of interest policy and proper documentation of board meeting minutes.

However, there are two notable limitations in its policies. The organization is missing a whistleblower policy and a document retention and destruction policy, which are important for robust governance. Despite these shortcomings, the strong performance in other areas suggests that Cumberland Road Volunteer Fire Department Inc is committed to transparency and effective financial management.

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

Cumberland Road Volunteer Fire Department Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cumberland Road 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: $74,074
Professional Fundraising Fees: $0
Other Salaries and Wages: $219,725

For more financial information, click here

Official website here: www.cumberlandroadfire.com