West Lexington Volunteer Fire Department

Charity Navigator Rating: 74% (Two-Star out of Four Star rating)

The West Lexington Volunteer Fire Department has received a 74% rating from Charity Navigator, signifying a Two-Star rating. This score emphasizes accountability and financial management, indicating that while the organization demonstrates strong financial practices, there are notable areas requiring improvement, particularly in governance.

The organization's strengths include a high program expense ratio of 94.99%, which suggests that a significant portion of its expenditures is directed toward its mission. Additionally, financial statements are audited, and there are no material diversions of assets, reflecting a degree of fiscal responsibility.

However, the organization has several weaknesses in its governance practices. It lacks a conflict of interest policy, no whistleblower policy is in place, and there are deficiencies in document retention protocols. Furthermore, the board does not have any independent members, which could limit oversight and accountability. This combination of strengths and weaknesses reflects the need for improved governance practices to enhance overall organizational effectiveness.

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

West Lexington Volunteer Fire Department is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Lexington Volunteer Fire Department 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: $252,948

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Official website here: www.westlexington@lexcominc.net