MINNESOTA POLICE AND PEACE OFFICERS ASSOCIATION (EIN 410714987) - 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

1922

Legal Domicile

Principal Officer

DAVID TITUS

Phone

6512911119

Tax Period

2024-01-01 to 2024-12-31

MINNESOTA POLICE AND PEACE OFFICERS ASSOCIATION, founded in 1922, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $253K, a strong 18% operating margin.

Mission

REPRESENT POLICE & PEACE OFFICERS BY IMPROVING THE QUALITY OF BENEFITS, AND TRAINING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $225,794

Program Service Revenue $828,741

Investment Income $122,076

Other Revenue $190,027

TOTAL REVENUE $1,366,638

Expense Breakdown

Grants Paid $7,400

Salaries & Benefits $410,066

Fundraising Expenses $0

Other Expenses $696,469

TOTAL EXPENSES $1,113,935

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,366,638	$1,028,200	+0.3%
Expenses	$1,113,935	$998,157	+0.1%
Net Income	$252,703	$30,043	+7.4%

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

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

$173,645

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHAN JACOBSON	TREASURER	1.00	Officer Director	$0	$0	$0
SHERRAL SCHMIDT	SECRETARY	1.00	Officer Director	$0	$0	$0
ADAM BLOCK	DIRECTOR	1.00	Director	$0	$0	$0
CHAD GLIRBAS	DIRECTOR	1.00	Director	$0	$0	$0
GREG KLINEFELTER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL MCDOUGALL	DIRECTOR	1.00	Director	$0	$0	$0
SHANE MYRE	PRESIDENT	1.00	Officer Director	$0	$0	$0
CALEB SILGJORD	DIRECTOR	1.00	Director	$0	$0	$0
RICH WALKER	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG SAMMON	DIRECTOR	1.00	Director	$0	$0	$0
BLAKE CEDERSTROM	DIRECTOR	1.00	Director	$0	$0	$0
COREY WILLMAN	DIRECTOR	1.00	Director	$0	$0	$0
MARK ROSS	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN PETERS	EXECUTIVE DIRECTOR	40.00	Officer	$155,493	$18,152	$173,645

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	$1,366,638	$1,113,935	$2,347,610	$252,703
2023	$1,028,200	$998,157	$2,045,623	$30,043
2022	$1,530,473	$1,838,482	$1,850,201	$-308,009
2021	$957,614	$910,709	$2,308,191	$46,905
2020	$721,693	$992,408	$2,131,904	$-270,715
2019	$763,130	$949,252	$2,190,710	$-186,122
2018	$856,701	$677,064	$2,199,249	$179,637

MINNESOTA POLICE AND PEACE OFFICERS ASSOCIATION