DETECTIVES ENDOWMENT ASSOCIATION INC (EIN 237272331) - 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

1973

Legal Domicile

Principal Officer

PAUL DIGIACOMO-PRESIDENT

Phone

2125871000

Tax Period

2022-07-01 to 2023-06-30

DETECTIVES ENDOWMENT ASSOCIATION INC, founded in 1973, is a community nonprofit that reported $8.1M in total revenue in fiscal year 2022. Revenue decreased 19% compared to the prior year. Net assets of $35.0M represent 52 months of operating reserves.

Mission

THE ORGANIZATION WAS ESTABLISHED TO FURTHER THE INTERESTS OF 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 ACTIVTIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $49,840

Program Service Revenue $6,908,016

Investment Income $1,009,929

Other Revenue $82,932

TOTAL REVENUE $8,050,717

Expense Breakdown

Grants Paid $464,561

Salaries & Benefits $1,548,419

Fundraising Expenses $0

Other Expenses $4,808,859

TOTAL EXPENSES $8,443,407

Year-over-Year Comparison

	2022	2021	Change
Revenue	$8,050,717	$9,952,623	-0.2%
Expenses	$8,443,407	$8,274,823	+0.0%
Net Income	$-392,690	$1,677,800	-1.2%

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

N/A

Employees

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

$421,632

Total Directors

$780,275

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL DIGIACOMO	PRESIDENT	40.00	Officer Director	$106,284	$0	$106,284
PAUL E MORRISON	VICE PRESIDENT	40.00	Officer Director	$80,057	$0	$80,057
SCOTT MUNRO	SECRETARY	40.00	Officer Director	$69,854	$0	$69,854
JEFFREY A WARD	TREASURER	40.00	Officer Director	$71,074	$0	$71,074
BRIAN HUNT	MANHATTAN/BRONX TERM END: 06/2023	25.00	Officer Director	$47,473	$0	$47,473
TONY CASILLA	MANHATTAN/BRONX START: 6/2023	25.00	Director	$36,570	$0	$36,570
JOHN J COMER	BROOKLYN/QUEEN	20.00	Director	$43,012	$0	$43,012
GREGORY W SILVERMAN	CHAIRMAN BOT/SI TRUSTEE	10.00	Director	$37,420	$0	$37,420
JOHN F HOURICAN	MANHATTAN NORTH TRUSTEE	10.00	Director	$37,298	$0	$37,298
TIMOTHY OBRIEN	S. BROOKLYN TRUSTEE	10.00	Director	$39,383	$0	$39,383
CHRISTOPHER J SCHILLING	N. BROOKLYN TRUSTEE START: 6/2023	10.00	Director	$37,070	$0	$37,070
ANTONIO ESPOSITO	MANHATTAN S. TRUSTEE	10.00	Director	$36,270	$0	$36,270
JOSEPH TALLARINE	SGT AT ARMS	40.00	Officer Director	$46,890	$0	$46,890
NICHOLAS MASI	QUEENS TRUSTEE	10.00	Director	$36,800	$0	$36,800
BRIAN MAGUIRE	HQ TRUSTEE	10.00	Director	$28,702	$0	$28,702
RICHARD SIMPLICIO	BRONX TRUSTEE-START: 6/2023	10.00	Director	$26,118	$0	$26,118

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	$8,050,717	$8,443,407	$35,183,307	$-392,690
2022	$9,952,623	$8,274,823	$33,033,080	$1,677,800
2021	$10,945,818	$8,439,341	$38,713,592	$2,506,477
2020	$8,770,112	$7,559,833	$32,856,627	$1,210,279
2019	$8,623,458	$7,310,407	$30,689,181	$1,313,051
2018	$8,599,673	$8,005,237	$29,315,154	$594,436

DETECTIVES ENDOWMENT ASSOCIATION INC