MINNESOTA CHIEFS OF POLICE ASSOCIATION INC (EIN 411312128) - 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

1954

Legal Domicile

Principal Officer

JEFF POTTS

Phone

6514570677

Tax Period

2023-01-01 to 2023-12-31

MINNESOTA CHIEFS OF POLICE ASSOCIATION INC, founded in 1954, is a small nonprofit that reported $760K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $722K left a modest 5% surplus.

Mission

PROMOTE AND DEVELOP QUALITY LAW ENFORCEMENT LEADERSHIP AND MANAGEMENT FOR THE PUBLIC'S BENEFIT.

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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 $17,283

Program Service Revenue $717,618

Investment Income $14,418

Other Revenue $10,311

TOTAL REVENUE $759,630

Expense Breakdown

Grants Paid $0

Salaries & Benefits $283,745

Fundraising Expenses $0

Program Expenses $722,436

Other Expenses $438,691

TOTAL EXPENSES $722,436

Year-over-Year Comparison

	2023	2022	Change
Revenue	$759,630	$687,879	+0.1%
Expenses	$722,436	$654,706	+0.1%
Net Income	$37,194	$33,173	+0.1%

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

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

$123,619

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC WERNER	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
MATT GOTTSCHALK	PRESIDENT	1.00	Officer Director	$0	$0	$0
ROGER NEW	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
TANYA SCHWARTZ	SECRETARY	1.00	Officer Director	$0	$0	$0
ERIKA SCHEIDER	TREASURER	1.00	Officer Director	$0	$0	$0
STEPHANIE REVERING	SECOND VICE PRESIDENT	1.00	Director	$0	$0	$0
BRIAN MUELLER	SERGEANT-AT-ARMS	1.00	Director	$0	$0	$0
MICHAEL MASTIN	DIRECTOR	1.00	Director	$0	$0	$0
MATT SACKETT	DIRECTOR	1.00	Director	$0	$0	$0
MITCH JOHNSRUD	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN PODANY	DIRECTOR	1.00	Director	$0	$0	$0
JAY HENTHORNE	THIRD VICE PRESIDENT	1.00	Director	$0	$0	$0
BRADY JUELL	DIRECTOR	1.00	Director	$0	$0	$0
JIM FRANKLIN	DIRECTOR	1.00	Director	$0	$0	$0
TERRY STIER	DIRECTOR	1.00	Director	$0	$0	$0
TONY PAETZNICK	CHAPLAIN EX-OFFICIO	1.00	Director	$0	$0	$0
JEFF POTTS	EXECUTIVE DIRECTOR	40.00	Officer	$123,619	$0	$123,619

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	$759,630	$722,436	$964,709	$37,194
2022	$687,879	$654,706	$856,329	$33,173
2021	$831,765	$608,087	$782,471	$223,678
2020	$388,276	$532,122	$797,767	$-143,846
2019	$768,746	$841,379	$832,945	$-72,633
2018	$686,793	$788,259	$855,390	$-101,466

MINNESOTA CHIEFS OF POLICE ASSOCIATION INC