NEWPORT NEWS POLICE DEPT FOUNDATION

EIN: 273564101 501(c)(3) Public Safety

NEWPORT NEWS, VA

Total Revenue
$80,412
Total Expenses
$149,167
Total Assets
$520,364
Net Assets
$519,764
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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
VA
Principal Officer
ROB COLEMAN
Phone
7572341570
Tax Period
2023-01-01 to 2023-12-31

NEWPORT NEWS POLICE DEPT FOUNDATION, founded in 2010, is a micro nonprofit in the Public Safety sector that reported $93K in total revenue in fiscal year 2018. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $210K exceeded revenue, resulting in a 127% operating deficit.

Mission

THE PURPOSE OF THE NEWPORT NEWS POLICE DEPARTMENT FOUNDATION IS TO IMPROVE AND SECURE THE QUALITY OF LIFE, PUBLIC SAFETY AND ENVIRONMENT OF THE CITIZENS OF THE CITY, ITS BUSINESSES AND INSTITUTIONS, AND ITS VISITORS RECOGNIZING THAT THE NEWPORT NEWS POLICE DEPARTMENT IS A KEY AND CRITICAL FORCE IN SUCCESSFULLY ACCOMPLISHING THOSE OBJECTIVES. IN FURTHERANCE OF SUCH PURPOSE, THE FOUNDATION WILL RAISE, MANAGE, INVEST AND DISTRIBUTE FINANCIAL RESOURCES BY FUNDING, ASSISTING OR UNDERTAKING PROGRAMS AND ACTIVITIES DESIGNED TO SUPPORT, ENHANCE AND STRENGTHEN THE SERVCIES, ORGANIZATION, PERFORMANCE, COMPETENCE, AND PROFESSIONALISM OF THE NNPD, ITS OFFICERS AND MEMBERS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $27,179
Program Service Revenue $0
Investment Income $8,802
Other Revenue $44,431
TOTAL REVENUE $80,412

Expense Breakdown

Grants Paid $0
Salaries & Benefits $72,204
Fundraising Expenses $14,441
Program Expenses $109,821
Other Expenses $76,963
TOTAL EXPENSES $149,167

Year-over-Year Comparison

2023 2022 Change
Revenue $80,412 $90,503 -0.1%
Expenses $149,167 $199,086 -0.3%
Net Income $-68,755 $-108,583 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
1
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
4
$67,073
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROB COLEMAN PRESIDENT 5.00
Officer Director
$0 $0 $0
ROBERT ORLANDO DIRECTOR 1.00
Officer Director
$0 $0 $0
HUGH BARLOW VICE PRESIDENT OF FINANCE 1.00
Officer Director
$0 $0 $0
DAVID HERRING DIRECTOR 1.00
Director
$0 $0 $0
ZACH GARNER DIRECTOR 1.00
Director
$0 $0 $0
HAL SMITH DIRECTOR 1.00
Director
$0 $0 $0
PATRICK TENCH DIRECTOR 1.00
Director
$0 $0 $0
PASTOR MAXWELL DIRECTOR 1.00
Director
$0 $0 $0
JOHN CLARK DIRECTOR 1.00
Director
$0 $0 $0
LIZ ROLLINS DIRECTOR 1.00
Director
$0 $0 $0
DOMINIC VELARDI DIRECTOR 1.00
Director
$0 $0 $0
WES EASLEY DIRECTOR 1.00
Director
$0 $0 $0
DAVID YANCEY DIRECTOR 1.00
Director
$0 $0 $0
KEN PENROSE DIRECTOR 1.00
Director
$0 $0 $0
ANNA WHALEN DIRECTOR 1.00
Director
$0 $0 $0
MEGAN STEWART EXECUTIVE DIRECTOR 40.00
Officer
$67,073 $0 $67,073
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 $80,412 $149,167 $520,364 $-68,755
2022 $90,503 $199,086 $588,519 $-108,583
2021 $52,418 $181,810 $697,103 $-129,392
2020 $89,963 $145,498 $1,015,120 $-55,535
2019 $64,037 $286,667 $884,140 $-222,630
2018 $92,517 $210,117 $1,107,084 $-117,600
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