NEW BEDFORD POLICE ASSOCIATION (EIN 046113125) - 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

1890

Legal Domicile

Principal Officer

RUSSELL MARQUES

Phone

5089916357

Tax Period

2021-01-01 to 2021-12-31

NEW BEDFORD POLICE ASSOCIATION, founded in 1890, is a small nonprofit that reported $227K in total revenue in fiscal year 2021. Revenue surged 63% from the prior year, signaling strong growth momentum. The organization ran a surplus of $148K, a strong 65% operating margin.

Mission

TO PROVIDE BENEFITS TO POLICE PERSONNEL

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,211

Investment Income $233,954

Other Revenue $-11,999

TOTAL REVENUE $227,166

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,800

Fundraising Expenses $0

Program Expenses $38,500

Other Expenses $73,121

TOTAL EXPENSES $78,921

Year-over-Year Comparison

	2021	2020	Change
Revenue	$227,166	$139,256	+0.6%
Expenses	$78,921	$59,986	+0.3%
Net Income	$148,245	$79,270	+0.9%

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

115

Independent Members

115

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

$5,800

Total Directors

$5,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALBERT FARLAND	TREASURER	5.00	Officer Director	$2,000	$0	$2,000
MARK BLOUIN	SECRETARY	5.00	Officer Director	$1,500	$0	$1,500
VICTOR MENDES	PRESIDENT	1.00	Officer Director	$1,500	$0	$1,500
RUSSELL MARQUES	VICE-PRESIDE	1.00	Officer Director	$800	$0	$800
SCOTT ALVES	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL AMARAL	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL BOSWELL	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT DECOSTA	DIRECTOR	1.00	Director	$0	$0	$0
ALLANN FONSECA	DIRECTOR	1.00	Director	$0	$0	$0
LAVAR GILBERT	DIRECTOR	1.00	Director	$0	$0	$0
TYRONE JONES	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN LAWLESS	DIRECTOR	1.00	Director	$0	$0	$0
TROY SPIRLET	DIRECTOR	1.00	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
2021	$227,166	$78,921	$2,900,408	$148,245
2020	$139,256	$59,986	$2,613,745	$79,270
2019	$55,216	$95,446	$2,392,423	$-40,230
2018	$167,726	$88,467	$2,054,789	$79,259

NEW BEDFORD POLICE ASSOCIATION