Portland Police Beneficiary Association (EIN 930257382) - 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

1950

Legal Domicile

Principal Officer

Chad Gradwahl

Phone

5038230315

Tax Period

2025-01-01 to 2025-12-31

Portland Police Beneficiary Association, founded in 1950, is a small nonprofit that reported $123K in total revenue in fiscal year 2025. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $278K exceeded revenue, resulting in a 126% operating deficit.

Mission

To Provide Life, Accident, death and health benefits to it's members

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $27,469

Investment Income $96,003

Other Revenue $0

TOTAL REVENUE $123,472

Expense Breakdown

Grants Paid $0

Salaries & Benefits $52,077

Fundraising Expenses $0

Program Expenses $197,569

Other Expenses $31,356

TOTAL EXPENSES $278,433

Year-over-Year Comparison

	2025	2024	Change
Revenue	$123,472	$308,281	-0.6%
Expenses	$278,433	$203,636	+0.4%
Net Income	$-154,961	$104,645	-2.5%

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

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

$42,627

Total Directors

$42,627

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Chad Gradwahl	Secretary	15.00	Officer Director	$42,627	$0	$42,627
Christopher Watts	Director	1.00	Director	$0	$0	$0
Ryan Derry	Director	1.00	Director	$0	$0	$0
Kerry Taylor	Director	1.00	Director	$0	$0	$0
Thomas C Jacobs	Director	1.00	Director	$0	$0	$0
Willie Halliburton	Director	1.00	Director	$0	$0	$0
John Courtney	President	1.00	Officer Director	$0	$0	$0
Jeanne Stevenson	Vice President	1.00	Officer 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
2025	$123,472	$278,433	$2,601,664	$-154,961
2024	$308,281	$203,636	$2,756,625	$104,645
2023	$-321,292	$218,758	$2,651,980	$-540,050
2022	$54,344	$246,708	$3,192,030	$-192,364
2021	$529,505	$256,335	$3,384,394	$273,170
2020	$188,333	$167,989	$3,111,223	$20,344
2019	$179,875	$205,334	$3,090,879	$-25,459
2018	$200,233	$216,324	$3,116,338	$-16,091

Portland Police Beneficiary Association