LOS ANGELES POLICE MEMORIAL FOUNDATION

EIN: 237208448 501(c)(3)

LOS ANGELES, CA

Total Revenue
$1,128,085
Total Expenses
$702,751
Total Assets
$16,938,277
Net Assets
$16,932,465
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
CA
Principal Officer
GLYNN MARTIN
Phone
3232765970
Tax Period
2023-01-01 to 2023-12-31

LOS ANGELES POLICE MEMORIAL FOUNDATION, founded in 1972, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. The organization ran a surplus of $425K, a strong 38% operating margin.

Mission

THE FOUNDATION PROVIDES GRANTS TO LOS ANGELES POLICE DEPARTMENT EMPLOYEES AND THEIR FAMILIES WHO ARE EXPERIENCING FINANCIAL DIFFICULTY DUE TO DEATH, INJURY OR ILLNESS.

Program Service Accomplishments

Program 1
Expenses: $633,192

SCHOLARSHIP AWARDS AND EDUCATIONAL BENEFITSFINANCIAL AND MEDICAL ASSISTANCEFUNERALS

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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 $701,383
Program Service Revenue $0
Investment Income $426,702
Other Revenue $0
TOTAL REVENUE $1,128,085

Expense Breakdown

Grants Paid $391,290
Salaries & Benefits $204,488
Fundraising Expenses $16,456
Program Expenses $633,192
Other Expenses $106,973
TOTAL EXPENSES $702,751

Year-over-Year Comparison

2023 2022 Change
Revenue $1,128,085 $1,055,354 +0.1%
Expenses $702,751 $792,587 -0.1%
Net Income $425,334 $262,767 +0.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
1
Volunteers
15

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
$175,000
Total Directors
13
$175,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN WYNN PRESIDENT 1.00
Officer Director
$0 $0 $0
DOMINIC CHOI FIRST VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MICHEL MOORE SECOND VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
DAVID HANDELMAN SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
WILLIAM DOHENY JR DIRECTOR 1.00
Director
$0 $0 $0
HOWARD ROSE DIRECTOR 1.00
Director
$0 $0 $0
RICHARD CRANE JR DIRECTOR 1.00
Director
$0 $0 $0
ALFRED OSBORNE JR DIRECTOR 1.00
Director
$0 $0 $0
BRYCE VERNA DIRECTOR 1.00
Director
$0 $0 $0
JERRY WEST DIRECTOR 1.00
Director
$0 $0 $0
STEVE WALLACE DIRECTOR 1.00
Director
$0 $0 $0
JARED WOLFSON DIRECTOR 1.00
Director
$0 $0 $0
GLYNN MARTIN EXECUTIVE DIRECTOR 40.00
Officer Director
$175,000 $0 $175,000
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
2024 No data No data No data No data
2023 $1,128,085 $702,751 $16,938,277 $425,334
2022 $1,055,354 $792,587 $14,907,076 $262,767
2021 $990,546 $859,660 $17,709,874 $130,886
2020 $925,692 $680,010 $16,005,008 $245,682
2019 $1,039,232 $968,360 $15,486,487 $70,872
2018 $2,060,669 $823,868 $13,264,495 $1,236,801
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