VA STATE POLICE DEATH BENEFIT ASSOC C/O WELLSCOLEMAN (EIN 541010362) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

KATHERINE W TUCKER-JONES

Phone

8043581150

Tax Period

2023-01-01 to 2023-12-31

VA STATE POLICE DEATH BENEFIT ASSOC C/O WELLSCOLEMAN, founded in 1985, is a small nonprofit that reported $120K in total revenue in fiscal year 2018. Revenue fell 23% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $64K, a strong 53% operating margin.

Mission

TO PAY AN IMMEDIATE DEATH BENEFIT TO THE BENEFICIARY OR ESTATE OF A MEMBER.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $41,164

Investment Income $140,108

Other Revenue $0

TOTAL REVENUE $181,272

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $18,207

TOTAL EXPENSES $157,657

Year-over-Year Comparison

	2023	2022	Change
Revenue	$181,272	$81,119	+1.2%
Expenses	$157,657	$118,481	+0.3%
Net Income	$23,615	$-37,362	-1.6%

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
KATHERINE W TUCKER-JONES	PRESIDENT	1.00	Officer Director	$0	$0	$0
SUSAN L DREES-ARMSTRONG	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
DAVID O COOPER II	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
ERIC R FUTRELL	DIRECTOR	1.00	Director	$0	$0	$0
JASON E DAY	DIRECTOR	1.00	Director	$0	$0	$0
GREGORY MATHIAS	DIRECTOR	1.00	Director	$0	$0	$0
JAMES COLLINS	DIRECTOR	1.00	Director	$0	$0	$0
MELANIE CRESPO	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	No data	No data	No data	No data
2023	$181,272	$157,657	$2,847,295	$23,615
2022	$81,119	$118,481	$2,560,915	$-37,362
2021	$287,006	$108,231	$3,034,977	$178,775
2020	$175,797	$123,732	$2,815,995	$52,065
2019	$106,649	$26,558	$2,659,756	$80,091
2018	$120,309	$56,104	$2,242,018	$64,205

VA STATE POLICE DEATH BENEFIT ASSOC C/O WELLSCOLEMAN