FRATERNAL ORDER OF POLICE #2

EIN: 237585921

DURHAM, NC

Total Revenue
$145,194
Total Expenses
$143,308
Total Assets
$457,890
Net Assets
$457,890
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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
1971
Legal Domicile
NC
Principal Officer
WILLIAM MICHAEL EVANS
Phone
9193905572
Tax Period
2023-01-01 to 2023-12-31

FRATERNAL ORDER OF POLICE #2, founded in 1971, is a small nonprofit that reported $145K in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Net assets of $458K represent 38 months of operating reserves.

Mission

TO SERVE DEPRESSED COMMUNITIES

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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 $113,292
Program Service Revenue $0
Investment Income $12,036
Other Revenue $19,866
TOTAL REVENUE $145,194

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $18,389
Other Expenses $126,419
TOTAL EXPENSES $143,308

Year-over-Year Comparison

2023 2022 Change
Revenue $145,194 $207,412 -0.3%
Expenses $143,308 $187,641 -0.2%
Net Income $1,886 $19,771 -0.9%
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

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
463

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS NAVAREE SECRETARY 0.00
Officer
$0 $0 $0
ROBERT GADDY PRESIDENT 0.00
Officer
$0 $0 $0
MARIA STEVENS RECORDING SECRETARY 0.00
Officer
$0 $0 $0
MARK T SYKES TREASURER 0.00
Officer
$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 $145,194 $143,308 $457,890 $1,886
2022 $207,412 $187,641 $458,968 $19,771
2021 $241,187 $198,534 $439,196 $42,653
2020 $169,423 $112,139 $396,542 $57,284
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