Milton Police Charitable Fndtn Inc (EIN 473957974) - 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

2015

Legal Domicile

Principal Officer

Wanda Corbin

Phone

6176983800

Tax Period

2024-01-01 to 2024-12-31

Milton Police Charitable Fndtn Inc, founded in 2015, is a micro nonprofit in the Human Services sector that reported $20K in total revenue in fiscal year 2024. Expenses of $23K exceeded revenue, resulting in a 13% operating deficit.

Mission

The purpose of this organization is to solicit charitable donations, make donations to various charitable organizations and provide scholarships to local school children as the organization shall determine. The association will operate within the meaning of IRC Section 501(c)3.

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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 $20,355

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $20,355

Expense Breakdown

Grants Paid $13,750

Salaries & Benefits $1,000

Fundraising Expenses $6,220

Program Expenses $13,750

Other Expenses $8,275

TOTAL EXPENSES $23,025

Year-over-Year Comparison

	2024	2023	Change
Revenue	$20,355	N/A	N/A
Expenses	$23,025	N/A	N/A
Net Income	$-2,670	N/A	N/A

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
Mark Cimildoro	Director	1.00	Director	$0	$0	$0
Chris Ernst	Clerk	2.00	Officer	$0	$0	$0
Wanda Corbin	President	2.00	Officer	$0	$0	$0
Mark Cimildoro	Treasurer	2.00	Officer	$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	$20,355	$23,025	$15,249	$-2,670
2023	$26,084	$20,843	$17,919	$5,241
2022	$24,955	$27,862	$12,677	$-2,907
2021	$28,460	$22,731	$15,584	$5,729
2020	$4,399	$12,741	$9,855	$-8,342
2019	$27,891	$35,389	$18,197	$-7,498
2018	$24,069	$40,416	$25,695	$-16,347

Milton Police Charitable Fndtn Inc