MEDFORD POLICE RELIEF ASSOCIATION INC

EIN: 041959930 Mutual Benefit

WEST MEDFORD, MA

Total Revenue
$64,380
Total Expenses
$47,605
Total Assets
$390,183
Net Assets
$390,183
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1944
Legal Domicile
MA
Principal Officer
PAUL GIORDANO
Phone
7813916404
Tax Period
2019-01-01 to 2019-12-31

MEDFORD POLICE RELIEF ASSOCIATION INC, founded in 1944, is a micro nonprofit in the Mutual Benefit sector that reported $64K in total revenue in fiscal year 2019. The organization ran a surplus of $17K, a strong 26% operating margin.

Mission

VOLUNTARY ASSOCIATON OF MEMBERS PROVIDING DEATH & RETIREMENT BENEFITS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $32,740
Program Service Revenue $0
Investment Income $31,640
Other Revenue $0
TOTAL REVENUE $64,380

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,200
Fundraising Expenses $13,206
Program Expenses $27,350
Other Expenses $7,199
TOTAL EXPENSES $47,605

Year-over-Year Comparison

2019 2018 Change
Revenue $64,380 $65,219 0.0%
Expenses $47,605 $65,251 -0.3%
Net Income $16,775 $-32 -525.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$2,200
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL GIORDANO PRESIDENT 1.00
Officer
$800 $0 $800
THOMAS MALONEY TREASURER 1.00
Officer
$700 $0 $700
DAVID BUONO SECRETARY 1.00
Officer
$700 $0 $700
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $64,380 $47,605 $390,183 $16,775
2018 $65,219 $65,251 $373,408 $-32
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