MEMPHIS POLICE ASSOCIATION INC (EIN 620903899) - 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

1974

Legal Domicile

Principal Officer

JEREMY WHITE

Phone

9015237075

Tax Period

2024-01-01 to 2024-12-31

MEMPHIS POLICE ASSOCIATION INC, founded in 1974, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2024.

Mission

TO PROMOTE, MAINTAIN, IMPROVE, AND ENCOURAGE SUPERIOR POLICE PROTECTION, INTEGRITY, PROFESSIONALISM, WORKING CONDITIONS, EQUAL OPPORTUNITY, AND ECONOMIC WELFARE OF, BY, AND BETWEEN MEMBERS OF THE ASSOCIATION AND THE CITY OF MEMPHIS 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 (2024)

Revenue Breakdown

Contributions & Grants $1,605,821

Program Service Revenue $693,868

Investment Income $78,758

Other Revenue $0

TOTAL REVENUE $2,378,447

Expense Breakdown

Grants Paid $1,750

Salaries & Benefits $431,372

Fundraising Expenses $0

Program Expenses $2,101,079

Other Expenses $1,917,706

TOTAL EXPENSES $2,350,828

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,378,447	$2,387,747	0.0%
Expenses	$2,350,828	$2,300,618	+0.0%
Net Income	$27,619	$87,129	-0.7%

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

N/A

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

$138,826

Total Directors

$227,162

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT CUNNINGHAM	PRESIDENT	40.00	Officer Director	$36,194	$0	$36,194
JOHN COVINGTON	VICE-PRESIDENT	10.00	Officer Director	$31,851	$0	$31,851
FREDERICK BLUMER	DIRECTOR	2.00	Director	$5,889	$0	$5,889
MATTHEW CHRISTOPHER	DIRECTOR	2.00	Director	$5,889	$0	$5,889
KEELEY GREER	DIRECTOR	2.00	Director	$5,889	$0	$5,889
MARCUS GRAY	DIRECTOR	2.00	Director	$5,889	$0	$5,889
VICKOR LESTER	DIRECTOR	2.00	Director	$5,889	$0	$5,889
KENDRICK MILLER	DIRECTOR	2.00	Director	$5,889	$0	$5,889
ALBERT NEBO	DIRECTOR	2.00	Director	$5,889	$0	$5,889
MARCUS REDD	DIRECTOR	2.00	Director	$5,889	$0	$5,889
KEN WALCOTT	CHIEF STEWART	2.00	Officer Director	$28,029	$0	$28,029
JEREMY WHITE	SECRETARY-TREASURER	40.00	Officer Director	$28,029	$0	$28,029
UDELL SHELTON	DIRECTOR	2.00	Director	$5,387	$0	$5,387
ANTWAUN COOPER	DIRECTOR	2.00	Director	$5,889	$0	$5,889
MICHAEL JACKSON	SERGEANT AT ARMS	5.00	Officer Director	$14,723	$0	$14,723
WILL WALKER	DIRECTOR	2.00	Director	$5,889	$0	$5,889
LASUNDRA PRICE	DIRECTOR	2.00	Director	$6,392	$0	$6,392
GARY ADAMS	DIRECTOR	2.00	Director	$5,889	$0	$5,889
CHRIS SANSONE	DIRECTOR	2.00	Director	$5,889	$0	$5,889
TIMOTHY MCLEOD	DIRECTOR	2.00	Director	$5,889	$0	$5,889

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	$2,378,447	$2,350,828	$2,619,249	$27,619
2023	$2,387,747	$2,300,618	$2,543,010	$87,129
2022	$2,379,726	$2,181,266	$2,396,187	$198,460
2021	$2,331,081	$2,217,032	$2,340,253	$114,049
2020	$2,511,761	$2,179,287	$2,221,074	$332,474
2019	$2,406,917	$2,386,145	$1,836,566	$20,772
2018	$2,390,722	$2,475,679	$1,732,559	$-84,957

MEMPHIS POLICE ASSOCIATION INC