Charlotte Mecklenburg Police Foundation (EIN 200422513) - 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

2003

Legal Domicile

Principal Officer

Bobbi Jo Lazarus

Phone

7043258001

Tax Period

2023-01-01 to 2023-12-31

Charlotte Mecklenburg Police Foundation, founded in 2003, is a community nonprofit in the Public Safety sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $2.6M exceeded revenue, resulting in a 65% operating deficit.

Mission

The primary exempt purpose is providing financial support for programs and projects not normally funded through the Charlotte-Mecklenburg Police Department operations budget. This is done by supporting innovative projects meant to launch experimental programs and helping the police department keep pace with rapidly evolving technology, training and techniques.

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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 $1,555,546

Program Service Revenue $0

Investment Income $32,557

Other Revenue $0

TOTAL REVENUE $1,588,103

Expense Breakdown

Grants Paid $2,229,433

Salaries & Benefits $79,998

Fundraising Expenses $0

Program Expenses $2,599,778

Other Expenses $306,169

TOTAL EXPENSES $2,615,600

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,588,103	$1,238,593	+0.3%
Expenses	$2,615,600	$1,097,454	+1.4%
Net Income	$-1,027,497	$141,139	-8.3%

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

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

$66,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sarah N Pozos	Executive Dir.	40.00	Officer	$61,200	$0	$61,200
Katrina Collins	Executive Dir.	25.00	Officer	$5,000	$0	$5,000
Scott Harris	Chair	1.00	Officer Director	$0	$0	$0
Walter Price	Director	1.00	Director	$0	$0	$0
David Dooley	Committee Chair	1.00	Officer Director	$0	$0	$0
Manny Rodrigues	Director	1.00	Director	$0	$0	$0
Michael Beasley	Director	1.00	Director	$0	$0	$0
Marinn Esch	Director	1.00	Director	$0	$0	$0
Ken Beuley	Director	1.00	Director	$0	$0	$0
Gabrielle Kelly	Director	1.00	Director	$0	$0	$0
Derek Copeland	Director	1.00	Director	$0	$0	$0
Ken Gill	Director	1.00	Director	$0	$0	$0
Sonja Nichols	Director	1.00	Director	$0	$0	$0
Chuck Hood	Director	1.00	Director	$0	$0	$0
Kim Kuo	Director	1.00	Director	$0	$0	$0
Bobbi Jo Lazarus	Treasurer	1.00	Officer Director	$0	$0	$0
Addison Montague	Director	1.00	Director	$0	$0	$0
John Petrone	Director	1.00	Director	$0	$0	$0
Glen Mowrey	Director	1.00	Director	$0	$0	$0
Brad Muller	Director	1.00	Director	$0	$0	$0
Glenn Sherrill	Vice Chair	1.00	Officer Director	$0	$0	$0
Will Whitley	Director	1.00	Director	$0	$0	$0
Mike Rucker	Director	1.00	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	No data	No data	No data	No data
2023	$1,588,103	$2,615,600	$2,462,337	$-1,027,497
2022	$1,238,593	$1,097,454	$1,872,549	$141,139
2021	$332,213	$396,417	$1,740,625	$-64,204
2020	$1,199,977	$525,089	$1,802,723	$674,888
2019	$1,049,050	$745,950	$1,125,488	$303,100
2018	$862,732	$392,576	$819,175	$470,156

Charlotte Mecklenburg Police Foundation