RETIRED DETECTIVES OF THE POLICE DEPARTMENT OF THE CITY OF NEW YORK INC (EIN 421662112) - 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

Legal Domicile

Principal Officer

RICHARD SANTANGELO

Phone

9178387393

Tax Period

2024-01-01 to 2024-12-31

RETIRED DETECTIVES OF THE POLICE DEPARTMENT OF THE CITY OF NEW YORK INC, founded in 1996, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $101K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $98K left a modest 3% surplus.

Mission

TO PROVIDE CHARITABLE, FINANCIAL AND HUMANITARIAN ASSISTANCE TO ACTIVE AND RETIRED DETECTIVES OF NEW YORK CITY.

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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 $56,970

Program Service Revenue $29,320

Investment Income $0

Other Revenue $15,045

TOTAL REVENUE $101,335

Expense Breakdown

Grants Paid $11,960

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $68,632

Other Expenses $85,984

TOTAL EXPENSES $97,944

Year-over-Year Comparison

	2024	2023	Change
Revenue	$101,335	$118,048	-0.1%
Expenses	$97,944	$104,145	-0.1%
Net Income	$3,391	$13,903	-0.8%

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
KEVIN SCHROEDER	CHAIRMAN OF THE BOARD	1.00	Officer Director	$0	$0	$0
RICHARD SANTANGELO	PRESIDENT	1.00	Officer Director	$0	$0	$0
GEORGE FAHRBACH	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DON ALESI	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
LIZ CURCIO	FINANCIAL SECRETARY	1.00	Officer Director	$0	$0	$0
VICTOR CIPULLO	SECRETARY	1.00	Officer Director	$0	$0	$0
HAL SHERMAN	HISTORIAN	1.00	Officer Director	$0	$0	$0
KEVIN KEHOE	TREASURER	1.00	Director	$0	$0	$0
RICHARD KATZ	GENERAL COUNSEL	1.00	Director	$0	$0	$0
MSGR KEVIN NELAN	CHAPLAIN	1.00	Director	$0	$0	$0
SAL CANTO	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN CARROLL	DIRECTOR	1.00	Director	$0	$0	$0
TIM CONNOLLY	DIRECTOR	1.00	Director	$0	$0	$0
PEGGY HOPKINS	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN HUNT	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS KOLLMEIER	DIRECTOR	1.00	Director	$0	$0	$0
JUDY NEWTON	SERGEANT AT ARMS	1.00	Director	$0	$0	$0
IRMA RIVERA DUFFY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN RUSSIELLO	DIRECTOR	1.00	Director	$0	$0	$0
ED RUVANE	DIRECTOR	1.00	Director	$0	$0	$0
JACK RYAN	DIRECTOR	1.00	Director	$0	$0	$0
ERVIN URBINA	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE WEIR	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	$101,335	$97,944	$26,579	$3,391
2023	$118,048	$104,145	$23,188	$13,903
2022	$100,082	$98,816	$9,285	$1,266
2021	$61,440	$84,969	$8,019	$-23,529
2020	$91,769	$75,349	$31,548	$16,420
2019	$113,551	$122,603	$15,128	$-9,052
2018	$128,739	$113,622	$24,180	$15,117

RETIRED DETECTIVES OF THE POLICE DEPARTMENT OF THE CITY OF NEW YORK INC