OMAHA METRO POLICE WELFARE AND BENEFIT ASSOCIATION (EIN 476040789) - 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

1951

Legal Domicile

Principal Officer

DUSTIN MORRIS

Phone

4024159549

Tax Period

2023-01-01 to 2023-12-31

OMAHA METRO POLICE WELFARE AND BENEFIT ASSOCIATION, founded in 1951, is a small nonprofit in the Crime & Legal sector that reported $155K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $150K left a modest 4% surplus.

Mission

THE CHIEF GOAL OF THE ASSOCIATION IS TO PROVIDE FINANCIAL ASSISTANCE TO MEMBERS WHO LEAVE THE POLICE FORCE; PROVIDE EMERGENCY FINANCIAL AID TO MEMBERS ON OCCASIONS OF UNEXPECTED, UNBUDGETABLE EXPENSES; PROVIDE SCHOLARSHIPS TO MEMBERS AND THEIR FAMILIES AND PROVIDE HEALTH AND WELLNESS OPPORTUNITIES TO MEMBERS AND THEIR FAMILIES.

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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 $91,320

Program Service Revenue $35,932

Investment Income $28,226

Other Revenue $0

TOTAL REVENUE $155,478

Expense Breakdown

Grants Paid $5,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $139,513

Other Expenses $69,772

TOTAL EXPENSES $150,011

Year-over-Year Comparison

	2023	2022	Change
Revenue	$155,478	$126,048	+0.2%
Expenses	$150,011	$161,424	-0.1%
Net Income	$5,467	$-35,376	-1.2%

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

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
MICHAEL BELCASTRO	BOARD MEMBER	1.00	Director	$0	$0	$0
NEAL BONACCI	BOARD MEMBER	1.00	Director	$0	$0	$0
COREY CLEMENTS	BOARD MEMBER	1.00	Director	$0	$0	$0
LINDSEY FOX	SECRETARY	2.00	Officer Director	$0	$0	$0
ANDREW FREEMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
KRISTOPHER GATS	BOARD MEMBER	1.00	Director	$0	$0	$0
BRIAN HAYES	PRESIDENT	2.00	Officer Director	$0	$0	$0
ANNA KOENIG	BOARD MEMBER	1.00	Director	$0	$0	$0
ADAM MOORE	BOARD MEMBER	1.00	Director	$0	$0	$0
DUSTIN MORRIS	TREASURER	2.00	Officer Director	$0	$0	$0
KARALIN STARLIN	BOARD MEMBER	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
2023	$155,478	$150,011	$619,376	$5,467
2022	$126,048	$161,424	$527,707	$-35,376
2021	$130,991	$162,885	$669,166	$-31,894
2020	$128,651	$135,877	$600,771	$-7,226
2018	$132,886	$149,328	$466,904	$-16,442

OMAHA METRO POLICE WELFARE AND BENEFIT ASSOCIATION