NATICK POLICE RELIEF ASSOCIATION I… - Form 990 Financial Data

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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

1956

Legal Domicile

Principal Officer

JOHN HASWELL

Phone

5086479517

Tax Period

2025-01-01 to 2025-12-31

NATICK POLICE RELIEF ASSOCIATION INC, founded in 1956, is a micro nonprofit that reported $23K in total revenue in fiscal year 2025. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $30K exceeded revenue, resulting in a 31% operating deficit.

Mission

THE CORPORATION IS CONSTITUTED FOR THE PURPOSE OF THE PAYMENT OF DEATH BENEFITS.

Program Service Accomplishments

Program 1

Expenses: $20,500

THE CORPORATION IS CONSTITUTED FOR THE PURPOSE OF THE PAYMENT OF DEATH BENEFITS TO MEMBERS OF THE CORPORATION, MADE UP OF PERMANENT AND RETIRED MEMBERS OF THE NATICK POLICE DEPARTMENT.

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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 (2025)

Revenue Breakdown

Contributions & Grants $10,683

Program Service Revenue $0

Investment Income $2,589

Other Revenue $10,000

TOTAL REVENUE $23,272

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $20,500

Other Expenses $10,439

TOTAL EXPENSES $30,439

Year-over-Year Comparison

	2025	2024	Change
Revenue	$23,272	$102,707	-0.8%
Expenses	$30,439	$25,282	+0.2%
Net Income	$-7,167	$77,425	-1.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD HALLORAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN HASWELL	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JAMES HICKS	SECRETARY	1.00	Officer Director	$0	$0	$0
BRIAN LAUZON	TREASURER	1.00	Officer Director	$0	$0	$0

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
2025	$23,272	$30,439	$277,682	$-7,167
2024	$102,707	$25,282	$277,540	$77,425
2022	$46,222	$55,672	$217,417	$-9,450
2021	$40,087	$24,961	$241,427	$15,126
2020	$40,367	$29,784	$222,034	$10,583
2019	$31,698	$30,641	$182,884	$1,057
2018	$298,511	$304,110	$147,746	$-5,599

NATICK POLICE RELIEF ASSOCIATION INC