Watchung Fire Company No 3

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 72%)

Watchung Fire Company No 3 has received a two-star rating, indicating that while the organization demonstrates some strengths in accountability and finance, there are significant areas needing improvement. The nonprofit has achieved perfect scores in several categories, including an independent board composition and a favorable liabilities to assets ratio, which suggests a solid financial foundation.

However, the organization faces challenges in its transparency and governance practices, as evidenced by missing critical policies such as conflict of interest and whistleblower protections. The absence of these policies can affect stakeholder trust and may hinder the organization's operational integrity. Furthermore, the lack of a website link on the tax form could limit public access to important information about the nonprofit's activities and financial health.

In summary, while Watchung Fire Company No 3 showcases a strong commitment to financial accountability, it must address its governance deficiencies to enhance its overall rating and public trust. Improving transparency and establishing necessary policies could significantly bolster its effectiveness and community support.

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

Watchung Fire Company No 3 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Watchung Fire Company No 3 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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