DELAWARE POLICE CHIEFS' FOUNDATION INC

EIN: 222473084 501(c)(3)

CAMDEN, DE

Total Revenue
$59,006
Total Expenses
$42,491
Total Assets
$340,096
Net Assets
$340,096
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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
1983
Legal Domicile
DE
Principal Officer
PATRICK SULLIVAN
Phone
3027395411
Tax Period
2023-01-01 to 2023-12-31

DELAWARE POLICE CHIEFS' FOUNDATION INC, founded in 1983, is a micro nonprofit that reported $59K in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $17K, a strong 28% operating margin.

Mission

IMPROVING LAW ENFORCEMENT IN DELAWARE BY ENHANCING THE DELIVERY OF POLICE SERVICES. ALSO, BY PROVIDING FOR COORDINATION AMONG AGENCIES AND ESTABLISHING STANDARDIZATION AND UNIFORMITY IN POLICE OPERATIONS.

Program Service Accomplishments

Program 1
Expenses: $21,000

DELAWARE ASSOCIATION OF CHIEFS OF POLICE, INC.'S EMPHASIS IS PLACED ON ENHANCING COOPERATION AMONG POLICE AGENCIES, DEVELOPMENT OF MORE STRINGENT RECRUITING AND TRAINING STANDARDS, AND DEVELOPMENT OF...

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DELAWARE ASSOCIATION OF CHIEFS OF POLICE, INC.'S EMPHASIS IS PLACED ON ENHANCING COOPERATION AMONG POLICE AGENCIES, DEVELOPMENT OF MORE STRINGENT RECRUITING AND TRAINING STANDARDS, AND DEVELOPMENT OF UNIFORM STATEWIDE POLICIES AND PROCEDURES.

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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 $3,200
Program Service Revenue $0
Investment Income $8,538
Other Revenue $47,268
TOTAL REVENUE $59,006

Expense Breakdown

Grants Paid $24,620
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $24,620
Other Expenses $17,871
TOTAL EXPENSES $42,491

Year-over-Year Comparison

2023 2022 Change
Revenue $59,006 $40,947 +0.4%
Expenses $42,491 $45,433 -0.1%
Net Income $16,515 $-4,486 -4.7%
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
9
Independent Members
9
Employees
N/A
Volunteers
25

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
5
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS M DUNN IMMEDIATE PAST CHAIRMAN 0.00
Director
$0 $0 $0
ERIC SCHAEFFER PRESIDENT 0.00
Officer Director
$0 $0 $0
CHRISTOPHER WORKMAN FIRST VICE CHAIRMAN 0.00
Officer Director
$0 $0 $0
CHRISTOPHER TERRANOVA SECOND VICE CHAIRMAN 0.00
Officer Director
$0 $0 $0
PATRICK SULLIVAN TREASURER 0.00
Officer Director
$0 $0 $0
JOHN A CORROZI EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
MICHAEL TERRANOVA PRECEDING PAST CHAIRMAN 0.00
Director
$0 $0 $0
CHRISTOPHER JOHNSON EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
CARL HUTSON SECRETARY 0.00
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 No data No data No data No data
2023 $59,006 $42,491 $340,096 $16,515
2022 $40,947 $45,433 $323,581 $-4,486
2021 $23,459 $53,118 $328,067 $-29,659
2020 $93,728 $51,480 $357,726 $42,248
2019 $68,994 $50,012 $317,673 $18,982
2018 $58,706 $69,849 $296,496 $-11,143
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