MUNICIPAL POLICE INSTITUTE INC (EIN 042599689) - Form 990 Financial Analysis & Trantor Score

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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

1976

Legal Domicile

Principal Officer

LORING BARRETT

Phone

5088395725

Tax Period

2023-01-01 to 2023-12-31

MUNICIPAL POLICE INSTITUTE INC, founded in 1976, is a community nonprofit in the Crime & Legal sector that reported $1.6M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $1.5M left a modest 7% surplus.

Mission

TO PROVIDE TECHNICAL ASSISTANCE TO LAW ENFORCEMENT AGENCIES LOCATED IN THE COMMONWEALTH OF MASSACHUSETTS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,163,551

Investment Income $72,078

Other Revenue $367,502

TOTAL REVENUE $1,603,131

Expense Breakdown

Grants Paid $0

Salaries & Benefits $622,495

Fundraising Expenses $0

Program Expenses $1,225,282

Other Expenses $868,063

TOTAL EXPENSES $1,490,558

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,603,131	$1,342,097	+0.2%
Expenses	$1,490,558	$1,357,747	+0.1%
Net Income	$112,573	$-15,650	-8.2%

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

Governance

Voting Members

Independent Members

Employees

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

$89,040

Total Directors

$48,838

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHIEF RUSSELL STEVENS	DIRECTOR	1.00	Director	$0	$0	$0
CHIEF ROBERT L CHAMPAGNE	TREASURER	1.00	Officer Director	$0	$0	$0
CHIEF ROBERT A BARROWS	DIRECTOR	1.00	Director	$0	$0	$0
CHIEF NORMAND A CREPEAU JR	PRESIDENT	1.00	Officer Director	$0	$0	$0
COMMANDER MELISSA GREENER	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN A MORREALE DPA	DIRECTOR	1.00	Director	$0	$0	$0
ERIC R ATSTUPENAS	DIRECTOR	1.00	Director	$48,838	$0	$48,838
CHIEF THOMAS GALVIN	DIRECTOR	1.00	Director	$0	$0	$0
CHIEF THOMAS GAMMEL	DIRECTOR	1.00	Director	$0	$0	$0
CHIEF MICHAEL J BRADLEY JR	DIRECTOR	1.00	Director	$0	$0	$0
CHIEF DEANNA STROUT	DIRECTOR	1.00	Director	$0	$0	$0
DAVID W O'LAUGHLIN	DIRECTOR OF TRAINING	1.00	Director	$0	$0	$0
CHIEF LARRY BARRETT	EXECUTIVE DIRECTOR	20.00	Officer	$89,040	$0	$89,040

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
2024	No data	No data	No data	No data
2023	$1,603,131	$1,490,558	$2,027,306	$112,573
2022	$1,342,097	$1,357,747	$1,838,449	$-15,650
2021	$1,786,887	$1,481,437	$1,943,914	$305,450
2020	$1,295,005	$944,589	$1,864,597	$350,416
2019	$1,442,126	$1,181,093	$1,306,442	$261,033
2018	$1,225,349	$1,033,439	$1,000,650	$191,910

MUNICIPAL POLICE INSTITUTE INC