West Palm Beach Police Fund Inc (EIN 872570424) - 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

2021

Legal Domicile

Principal Officer

Thomas E Zacharias

Phone

5617235511

Tax Period

2022-01-01 to 2022-03-31

West Palm Beach Police Fund Inc, founded in 2021, is a small nonprofit that reported $590K in total revenue in fiscal year 2022. Revenue surged 222% from the prior year, signaling strong growth momentum. The organization ran a surplus of $387K, a strong 66% operating margin.

Mission

The mission of the organization is to provide support and assistance to the West Palm Beach force through special programs, award recognition and capital for special purchases for which the city or grant money is unavaliable. Programs in the community focus on improving relations between the police officers and the residents.

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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 (2022)

Revenue Breakdown

Contributions & Grants $590,117

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $590,117

Expense Breakdown

Grants Paid $46,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $197,879

Other Expenses $157,283

TOTAL EXPENSES $203,283

Year-over-Year Comparison

	2022	2021	Change
Revenue	$590,117	$183,333	+2.2%
Expenses	$203,283	$53,958	+2.8%
Net Income	$386,834	$129,375	+2.0%

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

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
Allan Adelson	President, Chair of the Bo	10.00	Officer Director	$0	$0	$0
Bob Garvy	First Vice Prisdent	6.00	Officer Director	$0	$0	$0
Bill Bone	Second Vice President & Se	9.00	Officer Director	$0	$0	$0
Tom Zacharias	Treasurer	9.00	Officer Director	$0	$0	$0
Don Carter	Director	0.50	Director	$0	$0	$0
Don Chester	Director	9.00	Director	$0	$0	$0
Michael Falk	Director	0.50	Director	$0	$0	$0
Robert Fish	Director	0.50	Director	$0	$0	$0
Robert Frisbie	Director	2.00	Director	$0	$0	$0
Tom Gravina	Director	0.50	Director	$0	$0	$0
Patrick Harrison	Director	0.50	Director	$0	$0	$0
Tangley Lloyd	Director	0.50	Director	$0	$0	$0
Bill Meyer	Director	0.50	Director	$0	$0	$0
Bob Morrow	Director	0.50	Director	$0	$0	$0
Bob Nitabach	Director	0.50	Director	$0	$0	$0
Harvey Oyer	Director	0.50	Director	$0	$0	$0
Ron Pertnoy	Director	0.50	Director	$0	$0	$0
Joe Plumeri	Director	2.00	Director	$0	$0	$0
Ray Richards	Director	2.00	Director	$0	$0	$0
Gopal Rajegowda	Director	0.50	Director	$0	$0	$0
Ron Shear	Director	0.50	Director	$0	$0	$0
Robert Tillis	Director	0.50	Director	$0	$0	$0
Gregg Weiss	Director	2.00	Director	$0	$0	$0
Ricky Wade	Director	0.50	Director	$0	$0	$0
Anne Marie Taylor	Director	0.50	Director	$0	$0	$0
Janice Savin Williams	Director	0.50	Director	$0	$0	$0
Nick Prouty	Director	0.50	Director	$0	$0	$0
Ken Gillman	Director	0.50	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
2022	$590,117	$203,283	No data	$386,834

West Palm Beach Police Fund Inc