FAIRFIELD POLICE UNION COPS LOCAL 550 (EIN 223003918) - Form 990 Financial Analysis & Trantor Score

🔒

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

Principal Officer

KEVIN WELLS

Phone

2033667284

Tax Period

2023-01-01 to 2023-12-31

FAIRFIELD POLICE UNION COPS LOCAL 550 is a micro nonprofit that reported $36K in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $40K exceeded revenue, resulting in a 12% operating deficit.

Mission

DONATIONS, ADVERTISING & COMMUNITY AWARENESS PROJECTS. ALSO EVENTS FOR OVER 120 MEMBERS TO ADVANCE RELATIONS AMONG ALL OFFICERS OF THE TOWN POLICE FORCE.

🔒

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 $0

Program Service Revenue $25,365

Investment Income $10,693

Other Revenue $0

TOTAL REVENUE $36,058

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,000

Fundraising Expenses $0

Program Expenses $7,462

Other Expenses $21,475

TOTAL EXPENSES $40,475

Year-over-Year Comparison

	2023	2022	Change
Revenue	$36,058	$26,116	+0.4%
Expenses	$40,475	$36,227	+0.1%
Net Income	$-4,417	$-10,111	-0.6%

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

N/A

Independent Members

N/A

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

$19,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAYMOND QUILES	PRESIDENT	1.00	Officer	$7,200	$0	$7,200
WILLIAM KOUKOULAS	VICE PRESIDE	1.00	Officer	$3,600	$0	$3,600
MIKE STAHL	SECRETARY	1.00	Officer	$3,600	$0	$3,600
KEVIN WELLS	TREASURER	1.00	Officer	$3,600	$0	$3,600
WALTER BURKE	PENSION BOAR	1.00	Officer	$1,000	$0	$1,000

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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$36,058	$40,475	$147,346	$-4,417
2022	$26,116	$36,227	$151,763	$-10,111
2021	$40,870	$40,194	$161,874	$676
2020	$28,767	$39,674	$161,212	$-10,907
2019	$83,807	$92,484	$172,119	$-8,677
2018	$93,915	$98,339	$180,831	$-4,424

FAIRFIELD POLICE UNION COPS LOCAL 550