Smith Grove Volunteer Fire Dept

Charity Navigator Rating: 73%, Two-Star out of Four Star rating.

The Smith Grove Volunteer Fire Department has received a 73% rating from Charity Navigator, indicating a fair level of accountability and financial health. The organization demonstrates strong governance with a fully independent board, scoring full points in both independent board members and size. Additionally, they maintain a low liabilities to assets ratio, showcasing prudent financial management.

However, the nonprofit faces significant deficiencies in its financial reporting practices, specifically not providing financial statements and missing key policies such as a whistleblower and document retention policy. These gaps in transparency could raise concerns among potential donors about the organization's overall accountability.

Despite these limitations, the organization does excel in its program expense ratio, directing approximately 93.83% of its expenses toward programs, which indicates a strong commitment to fulfilling its mission. The absence of financial statements and other missing policies highlight areas for improvement that could enhance trust and confidence among stakeholders.

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

Smith Grove Volunteer Fire Dept is a legitimate nonprofit organization registered as a 501(c)(3) entity. Smith Grove Volunteer Fire Dept 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: $66,842
Professional Fundraising Fees: $0
Other Salaries and Wages: $213,973

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Official website here: www.smithgrovefire.com