New England Police Benevolent Association Health & Welfare Trust (EIN 262699984) - 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

2008

Legal Domicile

Principal Officer

Douglas Snowman

Phone

5089869359

Tax Period

2024-07-01 to 2025-06-30

New England Police Benevolent Association Health & Welfare Trust, founded in 2008, is a community nonprofit in the Mutual Benefit sector that reported $1.0M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $1.5M exceeded revenue, resulting in a 45% operating deficit.

Mission

To provide dental, vision, and life insurance benefits to eligible participants pursuant to the Trust's Plan of Benefits.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,043,035

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,043,035

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $113,832

TOTAL EXPENSES $1,515,099

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,043,035	$1,141,882	-0.1%
Expenses	$1,515,099	$1,375,679	+0.1%
Net Income	$-472,064	$-233,797	+1.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William Ryan	Executive Secretary	1.00	Officer Director	$0	$0	$0
Shaun Dewey	Trustee	1.00	Director	$0	$0	$0
Patricia Lavin	Trustee	1.00	Director	$0	$0	$0
Nina Torissi	Trustee	1.00	Director	$0	$0	$0
Tom Turco	Trustee	1.00	Director	$0	$0	$0
Douglas Snowman	Trust Administrator	1.00	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
2025	$1,043,035	$1,515,099	$1,500,971	$-472,064
2024	$1,141,882	$1,375,679	$1,614,351	$-233,797
2023	$1,136,920	$1,274,648	$1,304,732	$-137,728
2022	$1,080,249	$1,184,161	$1,229,807	$-103,912
2021	$1,132,102	$1,219,985	$1,694,507	$-87,883
2020	$1,179,130	$914,701	$1,516,490	$264,429
2019	$1,193,187	$1,065,598	$1,297,593	$127,589

New England Police Benevolent Association Health & Welfare Trust