PATROLMEN'S BENEVOLENT ASSOC LOCAL 61 (EIN 222488092) - 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

1961

Legal Domicile

Principal Officer

RICHARD WILLENT

Phone

6093999111

Tax Period

2020-01-01 to 2020-12-31

PATROLMEN'S BENEVOLENT ASSOC LOCAL 61, founded in 1961, is a micro nonprofit in the Mutual Benefit sector that reported $68K in total revenue in fiscal year 2020. The organization ran a surplus of $25K, a strong 36% operating margin.

Mission

ASSISTANCE AND ADVOCACY OF PBA MEMBERSHIP AND COMMUNITY ASSISTANCE.

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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 (2020)

Revenue Breakdown

Contributions & Grants $5,418

Program Service Revenue $60,920

Investment Income $1,838

Other Revenue $0

TOTAL REVENUE $68,176

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $35,011

Other Expenses $43,368

TOTAL EXPENSES $43,368

Year-over-Year Comparison

	2020	2019	Change
Revenue	$68,176	$66,472	+0.0%
Expenses	$43,368	$59,344	-0.3%
Net Income	$24,808	$7,128	+2.5%

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
NEAL CULLEN	TREASURER	1.00	Officer Director	$0	$0	$0
COLBY MELOY	RECORDING SE	1.00	Officer Director	$0	$0	$0
BRIAN TEENEY	ST. DELEGATE	1.00	Officer Director	$0	$0	$0
DOUGLAS VARNOLD	V. PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD WILLENT	PRESIDENT	1.00	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
2020	$68,176	$43,368	$137,307	$24,808
2019	$66,472	$59,344	$109,503	$7,128
2018	$52,983	$49,171	$97,947	$3,812

PATROLMEN'S BENEVOLENT ASSOC LOCAL 61