COLONIE POLICE BENEVOLENT ASSOCIATION INC

EIN: 146018487

LATHAM, NY

Total Revenue
$241,253
Total Expenses
$239,864
Total Assets
$597,966
Net Assets
$597,466
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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
1960
Legal Domicile
NY
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

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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%)

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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
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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

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Governance

Voting Members
99
Independent Members
95
Employees
N/A
Volunteers
6

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
4
$12,600
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
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
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