Number One Volunteer Fire Dept Inc

Charity Navigator Rating: 50% (One-Star out of Four Stars)

The Number One Volunteer Fire Dept Inc has received a one-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored poorly in several key areas, including having no independent board members and failing to implement important policies such as conflict of interest and whistleblower policies. These shortcomings reflect a lack of governance that may affect the charity's operational integrity.

Despite the low score, the organization demonstrates a strong commitment to program expenses, with an impressive program expense ratio of 99.81%. This suggests that the majority of its funds are utilized directly for its firefighting services rather than administrative costs. Additionally, the organization maintains a healthy liabilities to assets ratio of 34.96%, indicating financial stability in that aspect.

However, the absence of essential transparency measures, such as a posted tax form and documented board meeting minutes, raises questions about its overall oversight and accountability. Without these fundamental practices in place, potential donors and supporters might find it challenging to trust the organization fully.

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

Number One Volunteer Fire Dept Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Number One 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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