BEVERLY HILLS POLICE FOUNDATION

EIN: 330259998 501(c)(3)

BEVERLY HILLS, CA

Total Revenue
$269,988
Total Expenses
$97,289
Total Assets
$1,533,546
Net Assets
$1,533,546
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
CA
Phone
3102852110
Tax Period
2023-01-01 to 2023-12-31

BEVERLY HILLS POLICE FOUNDATION, founded in 1987, is a small nonprofit that reported $270K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $173K, a strong 64% operating margin.

Mission

TO PROVIDE RELIEF FUNDS TO THE EMPLOYEES AND FAMILIES OF THE BEVERLY HILLS POLICE DEPARTMENT IN THE VENT OF DEATH, SERIOUS INJURY, CRITICAL ILLNESS OR WHEN THE NEED ARISES FROM ANY OTHER CATASTROPHIC CIRCUMSTANCES, THE FOUNDATION MAY ALSO UNDERWRITE EXPENSES OF HIGHER EDUCATION OR VOCATIONAL TRAINING FOR THE CHILDREN OF EMPLOYEES THAT DIED IN THE LINE OF DUTY.FROM 990, PART VI, LINE 11B - ORGANIZATION'S PROCESS TO REVIEW FORM 990 REVIEW WAS CONDUCTED BY GOVERNING BODY BEFORE THE FORM 990 WAS FILED.FORM 990, PART VI, LINE 12C - ENFORCEMENT OF CONFLICTS POLICY ALL BOARD MEMBERS SIGN A STATEMENT ANNUALLY DISCLOSING ALL RELATIONSHIP AND INTERESTS THAT MAY GIVE RISE TO CONFLICT.ANY NOTED CONFLICTS ARE BROUGHT TO THE ATTENTION OF THE PRESIDENT OF THE BOARD. ALL CONFLICTS ARE THEN DIRECTED TO THE APPOPRIATE COMMITTEE OR BROUGHT BEFORE THE ENTIRE BOARD FOR DISCUSSION AND APPRORIATE CORRECTIVE ACTION.TO DATE THERE WAS BEEN NO CONFLICTS.FORM 990, PART VI, LINE 19- GOVERNING DOCUMENTS DISCLOSURE EXPLANATION THE FOLLOWING ORGANIZATIONAL DOCUMENTS OF BEVERLY HILLS POLICE FOUNDATION ARE AVAILABLE FOR INSPECTION OR COPYING AT THE ORGNAIZATION'S OFFICE DURING NORMAL BUSINESS HOURS AT NO CHARGE, EXCEPT FOR A NOMINAL COPYING FEE:1) TAX EXEMPTION APPLICATION2) IRS DETERMINATION LETTER3) ARTICLES OF INCORPORATION4) BY-LAWS5) FORM 990 FOR THE MOST RECENT AND TWO YEARS PRIORTHE PUBLIC INSPECTION COPY OF THE FORM 990 WILL NOT INCLUDE SCHEDULE B. THE MOST UPDATED VERSIONS OF ALL THE PRECEDING FORMS WILL BE AVAILABLE WHEN RESPONDING TO A PUBLIC INSPECTION REQUEST FOR ANY ORGANZIATIONAL DOCUMENT OR FORM 990 BY ANYONE, THE BEVERLY HILLS POLICE FOUNDATION WILL FULFILL SUCH REQUEST IN A TIMELY FASHION WITHOUT INQUIRING AS TO THE REASON FOR THE PUBLIC INSPECTION REQUEST.FORM 990, PART XI, LINE 9 - OTHE CHANGES IN NET ASSETS EXPLANATIONADJUSTMENT $

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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 $232,553
Program Service Revenue $0
Investment Income $37,435
Other Revenue $0
TOTAL REVENUE $269,988

Expense Breakdown

Grants Paid $71,157
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $71,157
Other Expenses $26,132
TOTAL EXPENSES $97,289

Year-over-Year Comparison

2023 2022 Change
Revenue $269,988 $355,435 -0.2%
Expenses $97,289 $100,903 0.0%
Net Income $172,699 $254,532 -0.3%
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
N/A
Volunteers
15

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
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK EGERMAN Director 1.00
Director
$0 $0 $0
ELIOT FINKEL Treasurer 1.00
Officer Director
$0 $0 $0
BARRY IRA GOLDSTEIN Director 1.00
Director
$0 $0 $0
SHAHRAM MELAMED Director 1.00
Director
$0 $0 $0
BRUCE A MEYER Vice President 1.00
Officer Director
$0 $0 $0
CHARLES NELSON Director 1.00
Director
$0 $0 $0
VICKI REYNOLDS Director 1.00
Director
$0 $0 $0
JACLYN ROSENBERG Director 1.00
Director
$0 $0 $0
ANITA ROSENSTEIN Director 1.00
Director
$0 $0 $0
MICHAEL L SCHWAB Vice President 2.00
Officer Director
$0 $0 $0
DAVID SNOWDEN Director 1.00
Director
$0 $0 $0
CHIEF MARK G STAINBROOK President 1.00
Officer Director
$0 $0 $0
JANIS BLACK WARNER Director 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 No data No data No data No data
2023 $269,988 $97,289 $1,533,546 $172,699
2022 $355,435 $100,903 $1,241,785 $254,532
2021 $171,761 $58,053 $1,077,328 $113,708
2020 $58,074 $27,502 $873,590 $30,572
2019 $76,017 $60,255 $822,532 $15,762
2018 $95,071 $59,287 $728,164 $35,784
2018 No data No data $692,380 No data
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