TROY POLICE AND FIRE BENEVOLENT ASSOCIATION (EIN 364497885) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

FRANK NASTASI

Phone

2485241147

Tax Period

2023-01-01 to 2023-12-31

TROY POLICE AND FIRE BENEVOLENT ASSOCIATION, founded in 2002, is a micro nonprofit in the Human Services sector that reported $19K in total revenue in fiscal year 2023. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12K, a strong 61% operating margin.

Mission

THE TROY POLICE AND FIRE BENEVOLENT ASSOCIATION WAS FORMED TO PROVIDE FINANCIAL HELP TO THE POOR, DISTRESSED OR UNDERPRIVILEGED, COVERING BOTH PUBLIC SAFETY EMPLOYEE DEPENDENTS AND OTHER MEMBERS OF THE COMMUNITY, THUS LESSENING THE BURDENS OF GOVERNMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,819

Program Service Revenue $0

Investment Income $10,088

Other Revenue $0

TOTAL REVENUE $18,907

Expense Breakdown

Grants Paid $4,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,500

Other Expenses $2,880

TOTAL EXPENSES $7,380

Year-over-Year Comparison

	2023	2022	Change
Revenue	$18,907	$12,376	+0.5%
Expenses	$7,380	$1,930	+2.8%
Net Income	$11,527	$10,446	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
FRANK NASTASI	PRESIDENT	0.25	Officer Director	$0	$0	$0
CINDY STEWART	SECRETARY	0.25	Officer Director	$0	$0	$0
MIKE KRENCICKI	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
KURT BOVENSIEP	DIRECTOR	0.25	Director	$0	$0	$0
LAURENCE SCHEHR	TREASURER	0.25	Officer Director	$0	$0	$0
MARK OWCZARZAK	DIRECTOR	0.25	Director	$0	$0	$0
JOHN JULIAN	DIRECTOR	0.25	Director	$0	$0	$0
PETE HULLINGER	DIRECTOR	0.25	Director	$0	$0	$0
MEGAN MCCANDLISH	DIRECTOR	0.25	Director	$0	$0	$0
ROB MALESZYK	DIRECTOR	0.25	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	$18,907	$7,380	$282,980	$11,527
2023	No data	No data	$271,453	No data

TROY POLICE AND FIRE BENEVOLENT ASSOCIATION