Volunteer Fire Department Of Seymou

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

The Volunteer Fire Department of Seymour has received a 67% rating from Charity Navigator, which indicates a moderate level of effectiveness and transparency in its operations. The charity demonstrates strong accountability, as evidenced by its independent board members and a low liabilities-to-assets ratio, which reflects financial stability. The organization also maintains proper documentation of board meeting minutes, showcasing its commitment to governance.

Strengths include the high percentage of independent board members and a robust program expense ratio of 78.68%, suggesting that most of its funds are directed towards program services rather than administrative costs. This indicates a focused effort on fulfilling its mission to serve the community.

Despite its strengths, the organization has room for improvement to enhance its overall rating. With a two-star rating, potential donors may want to consider additional factors or information before making contributions. Continued efforts to improve financial management and reporting practices could elevate its standing in the future.

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

Volunteer Fire Department Of Seymou is a legitimate nonprofit organization registered as a 501(c)(3) entity. Volunteer Fire Department Of Seymou 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: $98,290

For more financial information, click here