Police Association of Virginia

EIN: 510251347 501(c)(3) Education

Chesapeake, VA

Total Revenue
$326,505
Total Expenses
$288,024
Total Assets
$1,105,065
Net Assets
$1,102,905
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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
VA
Phone
7574181935
Tax Period
2023-01-01 to 2023-12-31

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.

Mission

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.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $246,097
Program Service Revenue $0
Investment Income $77,526
Other Revenue $2,882
TOTAL REVENUE $326,505

Expense Breakdown

Grants Paid $65,200
Salaries & Benefits $3,784
Fundraising Expenses $186,595
Program Expenses $83,738
Other Expenses $46,347
TOTAL EXPENSES $288,024

Year-over-Year Comparison

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%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
11
Employees
1
Volunteers
12

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
7
$3
Total Directors
5
$3,491
Key Employees
0
$0
Highest Compensated
0
reported
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
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 $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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