SOUTH CENTRAL CHIEFS OF POLICE ASSO (EIN 061048839) - 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

1980

Legal Domicile

Principal Officer

CHARLES SHERWOOD SCD

Phone

2039466072

Tax Period

2024-01-01 to 2024-12-31

SOUTH CENTRAL CHIEFS OF POLICE ASSO, founded in 1980, is a small nonprofit that reported $100K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $111K exceeded revenue, resulting in a 11% operating deficit.

Mission

COOPERATION OF REGIONAL POLICE

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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 (2024)

Revenue Breakdown

Contributions & Grants $100,298

Program Service Revenue $0

Investment Income $4

Other Revenue $0

TOTAL REVENUE $100,302

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $111,427

TOTAL EXPENSES $111,427

Year-over-Year Comparison

	2024	2023	Change
Revenue	$100,302	$83,158	+0.2%
Expenses	$111,427	$139,244	-0.2%
Net Income	$-11,125	$-56,086	-0.8%

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
CHIEF VINCENT DEMAIO	PAST PRESIDENT	2.00	Director	$0	$0	$0
CHIEF ROBERT GAGNE	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
CHARLES SHERWOOD SCD	SECRETARYTREASURER	10.00	Officer Director	$0	$0	$0
CHIEF KARL JACOBSON	1ST VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
CHIEF COLIN MCALLISTER	2ND VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
CHIEF JOHN VENTURA	PRESIDENT	2.00	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
2024	$100,302	$111,427	$245,486	$-11,125
2023	$83,158	$139,244	$260,442	$-56,086
2022	$123,989	$111,784	$305,360	$12,205
2021	$94,592	$114,701	$306,633	$-20,109
2020	$63,792	$71,361	$326,742	$-7,569
2019	$71,134	$74,801	$334,311	$-3,667
2018	$68,992	$57,111	$337,978	$11,881

SOUTH CENTRAL CHIEFS OF POLICE ASSO