NEWTON POLICE MEMORIAL ASSOCIATION (EIN 046339353) - 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

1938

Legal Domicile

Principal Officer

DANIEL VALENTE

Phone

6177962107

Tax Period

2023-03-01 to 2024-02-29

NEWTON POLICE MEMORIAL ASSOCIATION, founded in 1938, is a small nonprofit that reported $199K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $288K exceeded revenue, resulting in a 45% operating deficit.

Mission

TO PROVIDE MEMBERSHIP BENEFITS TO ITS CONSTITUENTS.

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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 $178,870

Program Service Revenue $9,220

Investment Income $10,690

Other Revenue $0

TOTAL REVENUE $198,780

Expense Breakdown

Grants Paid $36,420

Salaries & Benefits $16,500

Fundraising Expenses $58,255

Program Expenses $204,232

Other Expenses $92,273

TOTAL EXPENSES $287,668

Year-over-Year Comparison

	2023	2022	Change
Revenue	$198,780	$211,498	-0.1%
Expenses	$287,668	$214,357	+0.3%
Net Income	$-88,888	$-2,859	+30.1%

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

N/A

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

$7,700

Total Directors

$16,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN P CLAFLIN JR	PRESIDENT	2.00	Officer Director	$2,000	$0	$2,000
RICHARD W BRADLEY	TREASURER (THRU 2/24)	2.00	Officer Director	$2,000	$0	$2,000
ROBERT HILL	VICE PRESIDENT	2.00	Officer Director	$2,000	$0	$2,000
ALEXANDER COLETTI	DIRECTOR	2.00	Director	$2,000	$0	$2,000
JUAN GARCIA	SECRETARY	2.00	Officer Director	$1,700	$0	$1,700
JOHN BABCOCK	DIRECTOR	2.00	Director	$1,700	$0	$1,700
DAMIEN DOUCETTE	DIRECTOR	2.00	Director	$1,700	$0	$1,700
KIM MURRAY	DIRECTOR	2.00	Director	$1,700	$0	$1,700
ALEX SPINNEY	DIRECTOR	2.00	Director	$1,700	$0	$1,700

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
2025	No data	No data	No data	No data
2024	$198,780	$287,668	$1,251,323	$-88,888
2023	$211,498	$214,357	$1,205,307	$-2,859
2022	$207,554	$149,376	$1,328,437	$58,178
2021	$124,825	$189,913	$1,223,597	$-65,088
2020	$225,977	$255,991	$1,088,986	$-30,014
2019	$279,823	$216,070	$1,123,460	$63,753

NEWTON POLICE MEMORIAL ASSOCIATION