COLONIE POLICE BENEVOLENT ASSOCIAT… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1960

Legal Domicile

Principal Officer

AARON MALINOSKI

Phone

5187832744

Tax Period

2023-01-01 to 2023-12-31

COLONIE POLICE BENEVOLENT ASSOCIATION INC, founded in 1960, is a small nonprofit that reported $241K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Net assets of $597K represent 30 months of operating reserves.

Mission

BENEFITS AND COMMUNITY RELATIONS

Program Service Accomplishments

Program 1

SICK BENEFITS, SUNSHINE BASKETS, RETIREMENT BASKETS

Program 2

DONATIONS, SCHOLARSHIPS, SPONSORSHIPS OF LITTLE LEAGUE AND HIGHSCHOOL SPORTS, ETC.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $244,624

Program Service Revenue $0

Investment Income $-3,371

Other Revenue $0

TOTAL REVENUE $241,253

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,600

Fundraising Expenses $86,869

Other Expenses $167,778

TOTAL EXPENSES $239,864

Year-over-Year Comparison

	2023	2022	Change
Revenue	$241,253	$295,265	-0.2%
Expenses	$239,864	$265,719	-0.1%
Net Income	$1,389	$29,546	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$12,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AARON MALINOSKI	PRESIDENT	10.00	Officer	$0	$9,000	$9,000
NICHOLAS LAYNE	VICE PRESIDENT	5.00	Officer	$0	$1,200	$1,200
MICHAEL CLOUGH	SECRETARY	2.00	Officer	$0	$1,200	$1,200
PHILLIP WINGLOSKY	TREASURER	5.00	Officer	$0	$1,200	$1,200

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	$241,253	$239,864	$597,966	$1,389
2022	$295,265	$265,719	$596,077	$29,546
2021	$294,673	$234,930	$566,811	$59,743
2020	$222,494	$181,010	$507,649	$41,484
2019	$226,300	$205,480	$466,040	$20,820
2018	$253,197	$224,654	$444,483	$28,543

COLONIE POLICE BENEVOLENT ASSOCIATION INC