PORT AUTHORITY POLICE SERGEANT BENEVOLENT ASSOCIATION INC (EIN 223050557) - 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

1994

Legal Domicile

Principal Officer

ROBERT ZAFONTE-PRES

Phone

2015926191

Tax Period

2023-01-01 to 2023-12-31

PORT AUTHORITY POLICE SERGEANT BENEVOLENT ASSOCIATION INC, founded in 1994, is a small nonprofit in the Employment sector that reported $819K in total revenue in fiscal year 2023. Net assets of $3.4M represent 49 months of operating reserves.

Mission

THE ORGANIZATION WAS ESTABLISHED TO FURTHER THE INTERESTS OF ITS MEMBERSHIP BY SEEKING IMPROVED TERMS AND CONDITIONS OF EMPLOYMENT, TO RENDER MORAL AND MATERIAL AID TO MEMBERS AS NEEDED, TO PROVIDE REPRESENTATION AND/OR COUNSEL IN LEGAL PROCEEDINGS, AND TO PROMOTE SOCIAL AND FRATERNAL ACTIVITIES.

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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 $2,000

Program Service Revenue $816,823

Investment Income $531

Other Revenue $0

TOTAL REVENUE $819,354

Expense Breakdown

Grants Paid $189,243

Salaries & Benefits $145,450

Fundraising Expenses $0

Other Expenses $430,112

TOTAL EXPENSES $806,876

Year-over-Year Comparison

	2023	2022	Change
Revenue	$819,354	N/A	N/A
Expenses	$806,876	N/A	N/A
Net Income	$12,478	$0	N/A

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

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

$101,450

Total Directors

$145,450

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT ZAFONTE	PRESIDENT	40.00	Officer Director	$32,100	$0	$32,100
ALBERT FARADAY	1ST VICE PRES	40.00	Officer Director	$28,100	$0	$28,100
ANDREW CARUSO	2ND VICE PRES	12.00	Officer Director	$19,750	$0	$19,750
RICHARD KUNCKEN	TREASURER	10.00	Officer Director	$9,900	$0	$9,900
DANIEL DEVIRGILIO	SECRETARY	10.00	Officer Director	$11,600	$0	$11,600
MICHAEL SCIVETTI	SGT AT ARMS	10.00	Director	$32,100	$0	$32,100
JUAN DIAZ	TRUSTEE	10.00	Director	$11,900	$0	$11,900
ROBERT JAKUBOWSKI	TRUSTEE	10.00	Director	$0	$0	$0
CRAIG PINTARELLI	TRUSTEE	10.00	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
2023	$819,354	$806,876	$3,365,572	$12,478
2021	$847,030	$495,611	$3,242,825	$351,419
2020	$714,961	$452,738	$2,761,356	$262,223
2019	$758,701	$501,263	$2,358,119	$257,438
2018	$557,113	$440,977	$2,020,233	$116,136

PORT AUTHORITY POLICE SERGEANT BENEVOLENT ASSOCIATION INC