PALM SPRINGS POLICE OFFICERS MEMORI (EIN 330705072) - 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

1996

Principal Officer

JEFFREY BURTON

Tax Period

2023-01-01 to 2023-12-31

PALM SPRINGS POLICE OFFICERS MEMORI, founded in 1996, is a small nonprofit in the Religion sector that reported $118K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $159K exceeded revenue, resulting in a 35% operating deficit.

Mission

PROGRAMS BENEFITING DECEASED PALM SPRINGS POLICE OFFICERS THAT HAVE DIED IN THE LINE OF DUTY AND OTHER POLICE OFFICERS THAT HAVE SERVED FOR A LONG TIME WITH DISTINCTION PROTECTING THE CITIZENS OF PALM SPRINGS. EVENTS ARE HELD AT VARIOUS TIMES IN THEIR MEMORY BY SURVIVING FAMILIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $117,954

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $117,954

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $38,478

Program Expenses $119,923

Other Expenses $159,162

TOTAL EXPENSES $159,162

Year-over-Year Comparison

	2023	2022	Change
Revenue	$117,954	$149,732	-0.2%
Expenses	$159,162	$89,294	+0.8%
Net Income	$-41,208	$60,438	-1.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY BURTON	TREASURER	N/A	Officer Director	$0	$0	$0
CARY CARILLO	TRUSTEE	N/A	Director	$0	$0	$0
MICHAEL CASAVAN	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
JOSEPH COOK	PRESIDENT	N/A	Officer Director	$0	$0	$0
MARIO KASAL	TRUSTEE	N/A	Director	$0	$0	$0
LEMBIT KULBIN	TRUSTEE	N/A	Director	$0	$0	$0
BARRON LANE	SECRETARY	N/A	Officer Director	$0	$0	$0
SAM STEEPLETON	TRUSTEE	N/A	Director	$0	$0	$0
MIGUEL TORRES	TRUSTEE	N/A	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	$117,954	$159,162	$343,171	$-41,208
2022	$149,732	$89,294	$389,513	$60,438
2021	$88,900	$68,066	$329,075	$20,834
2020	$62,333	$40,504	$308,241	$21,829
2019	$137,820	$101,540	$286,412	$36,280
2018	$212,528	$121,584	$250,132	$90,944

PALM SPRINGS POLICE OFFICERS MEMORI