FRATERNAL ORDER OF POLICE MIAMI LODGE #20 INSURANCE TRUST FUND (EIN 596798275) - 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

1984

Legal Domicile

Principal Officer

ORNEL N COTERA

Phone

3053724605

Tax Period

2023-08-01 to 2024-07-31

FRATERNAL ORDER OF POLICE MIAMI LODGE #20 INSURANCE TRUST FUND, founded in 1984, is a mid-sized nonprofit that reported $31.6M in total revenue in fiscal year 2023.

Mission

The purpose of the Fund is to provide health insurance, life, death and dismemberment benefits to active full-time and retired employees for the City of Miami Police Department.

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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 $0

Program Service Revenue $31,301,816

Investment Income $223,966

Other Revenue $77,637

TOTAL REVENUE $31,603,419

Expense Breakdown

Grants Paid $0

Salaries & Benefits $225,429

Fundraising Expenses $0

Other Expenses $1,306,499

TOTAL EXPENSES $31,484,611

Year-over-Year Comparison

	2023	2022	Change
Revenue	$31,603,419	$32,105,433	0.0%
Expenses	$31,484,611	$32,211,301	0.0%
Net Income	$118,808	$-105,868	-2.1%

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

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
DANA CARR	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT ROBINSON	TRUSTEE	1.00	Director	$0	$0	$0
ORNEL N COTERA	TRUSTEE	1.00	Director	$0	$0	$0
WALTER LEWIS	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL VALLADARES	TRUSTEE	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	$31,603,419	$31,484,611	$9,182,290	$118,808
2023	$32,105,433	$32,211,301	$9,586,567	$-105,868
2022	$28,144,321	$28,105,488	$12,522,390	$38,833
2021	$25,364,662	$25,337,067	$13,667,358	$27,595
2020	$26,567,592	$25,908,057	$12,927,603	$659,535

FRATERNAL ORDER OF POLICE MIAMI LODGE #20 INSURANCE TRUST FUND