Oak Grove Volunteer Fire Dept Inc

Charity Navigator Rating: 67% (Two-Star out of Four Star rating)

The Oak Grove Volunteer Fire Dept Inc has received a 67% rating from Charity Navigator, reflecting a Two-Star designation. This rating indicates that while the organization demonstrates some commendable practices, there are significant concerns regarding its accountability and financial transparency. With a majority of its board members being independent, the organization is strong in governance, but it falls short in crucial areas such as conflict of interest and whistleblower policies.

The financial metrics for Oak Grove Volunteer Fire Dept Inc show a strong program expense ratio of 89.96%, indicating that a high percentage of its expenses are directed towards its mission-related activities. However, the significant liabilities to assets ratio of 135.61% raises concerns about its financial health and sustainability. Furthermore, the absence of critical disclosures on its website limits transparency and may affect donor trust.

Overall, while the organization demonstrates strength in governance and program spending, the lack of essential policies and high liabilities suggest that potential donors should consider these factors when deciding to support the nonprofit. Addressing these transparency issues could enhance its overall accountability and performance.

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

Oak Grove Volunteer Fire Dept Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oak Grove Volunteer Fire Dept 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: $60,270
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,702

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