STRATFORD CT POLICE UNION LOCAL 407 (EIN 066084970) - 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

1948

Legal Domicile

Phone

2033584100

Tax Period

2023-01-01 to 2023-12-31

STRATFORD CT POLICE UNION LOCAL 407, founded in 1948, is a micro nonprofit that reported $67K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

TO PROMOTE THE WELFARE OF THE STRATFORD CT POLICE DEPARTMENT EMPLOYEES IN ACCORDANCE WITH THE AFSCME INTERNATIONAL CONSTITUTION

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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 $66,530

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $66,530

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $68,225

TOTAL EXPENSES $68,225

Year-over-Year Comparison

	2023	2022	Change
Revenue	$66,530	$71,367	-0.1%
Expenses	$68,225	$48,092	+0.4%
Net Income	$-1,695	$23,275	-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
ANTHONY ZONA	PRESIDENT	37.00	Officer	$0	$0	$0
JOHN THERINA	VICE PRESIDENT	37.00	Officer	$0	$0	$0
PAUL CHIEFFALO	SECRETARY	37.00	Officer	$0	$0	$0
BRIAN SHARNICK	TREASURER	37.00	Officer	$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	No data	No data	No data	No data
2023	$66,530	$68,225	No data	$-1,695
2022	$71,367	$48,092	No data	$23,275
2021	$69,256	$33,981	No data	$35,275
2020	$89,616	$16,071	No data	$73,545
2019	$170,898	$36,305	No data	$134,593
2018	$84,738	$17,937	No data	$66,801

STRATFORD CT POLICE UNION LOCAL 407