BOULDER POLICE VOL EMPLOYEE BENEFIT ASSOC

EIN: 841131731

BOULDER, CO

Total Revenue
$140,817
Total Expenses
$114,871
Total Assets
$148,056
Net Assets
$148,056
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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
1988
Legal Domicile
CO
Principal Officer
KIRSTEN WEISBACH
Tax Period
2022-01-01 to 2022-12-31

BOULDER POLICE VOL EMPLOYEE BENEFIT ASSOC, founded in 1988, is a small nonprofit that reported $141K in total revenue in fiscal year 2022. Revenue fell 31% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $26K, a strong 18% operating margin.

Mission

VEBA PROVIDES ATHLETIC CLUB MEMBERSHIPS TO ACTIVE EMPLOYEES,PROVIDES VISION CARE OFCOLORADO TO ADMINISTER VISION RELATED SERVICES. VEBA CONTRACTS WITH STANDARD LIFE INS CO TO PROVIDE SUPPLEMENTAL LIFE INSURANCE COVERAGE FOR MEMBERS AND THEIR FAMILIES.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $140,817
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $140,817

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $114,871
Other Expenses $2,205
TOTAL EXPENSES $114,871

Year-over-Year Comparison

2022 2021 Change
Revenue $140,817 $204,130 -0.3%
Expenses $114,871 $118,270 0.0%
Net Income $25,946 $85,860 -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

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Governance

Voting Members
2
Independent Members
2
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARON RAMOS TREASURER 2.00
Officer
$0 $0 $0
KIRSTEN WEISBACH PRESIDENT 1.00
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
2022 $140,817 $114,871 $148,056 $25,946
2021 $204,130 $118,270 $124,305 $85,860
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