THE COLORADO SPRINGS POLICE PROTECTIVE ASSOCIATION INC (EIN 840683489) - 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

1972

Legal Domicile

Principal Officer

WILLIAM WALSH

Phone

7196340058

Tax Period

2024-01-01 to 2024-12-31

THE COLORADO SPRINGS POLICE PROTECTIVE ASSOCIATION INC, founded in 1972, is a small nonprofit that reported $530K in total revenue in fiscal year 2024. The organization ran a surplus of $93K, a strong 18% operating margin.

Mission

REPRESENTING SWORN AND CIVILIAN EMPLOYEES AND RETIREES OF THE COLORADO SPRINGS 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 $1,292

Program Service Revenue $517,571

Investment Income $14,893

Other Revenue $-3,656

TOTAL REVENUE $530,100

Expense Breakdown

Grants Paid $23,402

Salaries & Benefits $168,530

Fundraising Expenses $0

Other Expenses $116,539

TOTAL EXPENSES $436,609

Year-over-Year Comparison

	2024	2023	Change
Revenue	$530,100	$511,112	+0.0%
Expenses	$436,609	$439,325	0.0%
Net Income	$93,491	$71,787	+0.3%

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

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

$95,982

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL WALSH	PRESIDENT	1.00	Officer Director	$0	$0	$0
GERARD 'JERRY' BOUWMANS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MATT WALDERA	TREASURER	1.00	Officer Director	$0	$0	$0
BRAD KRAUSS	SECRETARY	1.00	Officer Director	$0	$0	$0
PAUL MALCHOW	SERGEANT-AT-ARMS	1.00	Officer Director	$0	$0	$0
MATTHEW BARNETT	AT-LARGE MEMBER	1.00	Director	$0	$0	$0
JEFF CLIPPINGER	AT-LARGE MEMBER	1.00	Director	$0	$0	$0
MIKE FREEMAN	AT-LARGE MEMBER	1.00	Director	$0	$0	$0
CAROLINE ROMINE	AT-LARGE MEMBER	1.00	Director	$0	$0	$0
ANTHONY SANTORO	AT-LARGE MEMBER	1.00	Director	$0	$0	$0
PATRICIA TURECHEK	RETIREE REPRESENTATIVE	1.00	Director	$0	$0	$0
JOE MATIATOS	CIVILIAN	1.00	Director	$0	$0	$0
SHERRYL DILLON	EXECUTIVE DIRECTOR	40.00	Officer	$93,342	$2,640	$95,982

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	$530,100	$436,609	$1,445,116	$93,491
2023	$511,112	$439,325	$1,562,740	$71,787
2022	$504,715	$426,898	$1,569,393	$77,817
2021	$506,164	$408,301	$1,536,153	$97,863
2020	$511,714	$423,045	$1,425,945	$88,669
2019	$512,927	$465,991	$1,452,642	$46,936
2018	$534,078	$444,007	$1,408,579	$90,071

THE COLORADO SPRINGS POLICE PROTECTIVE ASSOCIATION INC