RALEIGH POLICE DEPARTMENT FOUNDATION INC

EIN: 270326382 501(c)(3) Crime & Legal

RALEIGH, NC

Total Revenue
$1,163,145
Total Expenses
$1,073,742
Total Assets
$3,114,996
Net Assets
$2,973,580
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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
2009
Legal Domicile
NC
Principal Officer
MAURICE SMITH
Phone
9193451963
Tax Period
2024-01-01 to 2024-12-31

RALEIGH POLICE DEPARTMENT FOUNDATION INC, founded in 2009, is a community nonprofit in the Crime & Legal sector that reported $1.2M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $1.1M left a modest 8% surplus.

Mission

THE RALEIGH POLICE DEPARTMENT POLICE FOUNDATION IS AN INDEPENDENT, NON-PROFIT 501(C)(3) ORGANIZATION WHOSE MISSION IS DEDICATED TO ADVANCING PUBLIC SAFETY INITIATIVES AND PROMOTING POLICE SUPPORT FOR A SAFE AND THRIVING COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,106,633
Program Service Revenue $0
Investment Income $54,713
Other Revenue $1,799
TOTAL REVENUE $1,163,145

Expense Breakdown

Grants Paid $791,558
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,006,346
Other Expenses $282,184
TOTAL EXPENSES $1,073,742

Year-over-Year Comparison

2024 2023 Change
Revenue $1,163,145 $1,601,597 -0.3%
Expenses $1,073,742 $484,694 +1.2%
Net Income $89,403 $1,116,903 -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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Governance

Voting Members
21
Independent Members
21
Employees
N/A
Volunteers
6

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
6
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRENDA GIBSON CHAIR 2.00
Officer Director
$0 $0 $0
CHRISTINE CRAIG VICE CHAIR 2.00
Officer Director
$0 $0 $0
KRISTYE BRACKETT SECRETARY 2.00
Officer Director
$0 $0 $0
MAURICE SMITH TREASURER 2.00
Officer Director
$0 $0 $0
JUDY ZELNAK EXECUTIVE COMMITTEE MEMBER 2.00
Officer Director
$0 $0 $0
MIKE SMITH GOVERNANCE CHAIR 2.00
Officer Director
$0 $0 $0
SCOTT DUCKWORTH BOARD MEMBER 1.00
Director
$0 $0 $0
DR TIM GARNER BOARD MEMBER 1.00
Director
$0 $0 $0
LAURIE GEER BOARD MEMBER 1.00
Director
$0 $0 $0
GAFFNEY GUNTER BOARD MEMBER 1.00
Director
$0 $0 $0
CURRY HUSKES BOARD MEMBER 1.00
Director
$0 $0 $0
BRYAN PFOHL BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTINA ALVARADO SHANAHAN BOARD MEMBER 1.00
Director
$0 $0 $0
TEMPLE SLOAN IV BOARD MEMBER 1.00
Director
$0 $0 $0
LARRY BARBOUR BOARD MEMBER 1.00
Director
$0 $0 $0
CHANDLER SPAULDING BOARD MEMBER 1.00
Director
$0 $0 $0
SYLVIA WEST BOARD MEMBER 1.00
Director
$0 $0 $0
BILL BAKER BOARD MEMBER 1.00
Director
$0 $0 $0
TOM FRITSCH BOARD MEMBER 1.00
Director
$0 $0 $0
KADE ROSS BOARD MEMBER 1.00
Director
$0 $0 $0
LT MCCRIMMON BOARD MEMBER 1.00
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
2024 $1,163,145 $1,073,742 $3,114,996 $89,403
2023 $1,601,597 $484,694 $2,876,269 $1,116,903
2022 $1,838,336 $139,268 $1,751,863 $1,699,068
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