Leicester Volunteer Fire Department

Charity Navigator Rating: 79% (Three-Star out of Four Stars)

The Leicester Volunteer Fire Department has achieved a 79% rating from Charity Navigator, reflecting its solid performance in accountability and finance. The organization scores particularly well in areas such as having a majority of independent board members and maintaining a high program expense ratio, indicating that a significant portion of its funds is directed towards its mission.

However, the organization faces challenges in governance policies, as it lacks a conflict of interest policy, a whistleblower policy, and formal document retention procedures. Additionally, while its financial oversight is strong and there are no issues with material asset diversion, the absence of these policies may raise concerns about transparency and accountability.

Despite these limitations, the Leicester Volunteer Fire Department demonstrates a commitment to its mission through effective financial management. Continued efforts to implement the missing governance policies could enhance its overall rating and build greater trust with stakeholders.

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

Leicester Volunteer Fire Department is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leicester Volunteer Fire Department 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: $68,127
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,572,565

For more financial information, click here

Official website here: www.leicesterfire.com