Chesapeake, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Police Association of Virginia, founded in 1971, is a small nonprofit in the Education sector that reported $218K in total revenue in fiscal year 2018. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $253K exceeded revenue, resulting in a 16% operating deficit.
To Maintain a trust fund, to provide to the beneficiary of the deceased member in good standing a pecuniary amount in accordance with the provisions of the Police Association of Virginia bylaws. To pay scholarships to deserving beneficiaries of association members in good standing and to purchase vests for law enforcement agencies' personnel.
Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $326,505 | $297,989 | +0.1% |
| Expenses | $288,024 | $339,970 | -0.2% |
| Net Income | $38,481 | $-41,981 | -1.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Ronnie Young | Treasurer | 7.00 |
Director
|
$3,491 | $0 | $3,491 |
| Mike Rushak | Past President | 5.00 |
Officer
|
$3 | $0 | $3 |
| Earl Killmon | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Robert Strickland | Vice President | 5.00 |
Director
|
$0 | $0 | $0 |
| Billy Mutter | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Leo Therrien | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Brian Hallman | Executive Dir. | 5.00 |
Officer
|
$0 | $0 | $0 |
| Robert Downing | Trustee | 5.00 |
Officer
|
$0 | $0 | $0 |
| Harry Twiford | President | 5.00 |
Officer
|
$0 | $0 | $0 |
| Ralph Barbarise | Chaplain | 5.00 |
Officer
|
$0 | $0 | $0 |
| John Hyman | Guard | 5.00 |
Officer
|
$0 | $0 | $0 |
| Everett C Harris | Vice President | 5.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $326,505 | $288,024 | $1,105,065 | $38,481 |
| 2022 | $297,989 | $339,970 | $1,065,779 | $-41,981 |
| 2021 | $345,876 | $287,105 | $1,109,279 | $58,771 |
| 2020 | $371,375 | $350,826 | $1,050,469 | $20,549 |
| 2019 | $222,516 | $246,077 | $1,029,109 | $-23,561 |
| 2018 | $217,662 | $253,315 | $927,702 | $-35,653 |
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