RICHMOND POLICE OFFICERS ASSOCIATION

EIN: 942231809

RICHMOND, CA

Total Revenue
$356,894
Total Expenses
$305,569
Total Assets
$149,127
Net Assets
$149,127
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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
CA
Principal Officer
KHOA NGUYEN
Phone
5106206629
Tax Period
2023-01-01 to 2023-12-31

RICHMOND POLICE OFFICERS ASSOCIATION, founded in 1974, is a small nonprofit that reported $357K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $306K left a modest 14% surplus.

Mission

TO REPRESENT THE POLICE OFFICERS OF RICHMOND IN NEGOTIATIONS WITH THE CITY OF RICHMOND REGARDING WORKING CONDITIONS, WAGES, BENEFITS, AND TO SERVE AS A CONDUIT FOR THE PAYMENT OF THE BENEFIT EXPENSE.

Program Service Accomplishments

Program 1

THE ASSOCIATION REPRESENTS THE POLICE OFFICERS OF RICHMOND IN NEGOTIATIONS WITH THE CITY OF RICHMOND REGARDING WORKING CONDITIONS, WAGES, AND BENEFITS. THE ASSOCIATION NEGOTIATES GROUP BENEFITS AND...

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THE ASSOCIATION REPRESENTS THE POLICE OFFICERS OF RICHMOND IN NEGOTIATIONS WITH THE CITY OF RICHMOND REGARDING WORKING CONDITIONS, WAGES, AND BENEFITS. THE ASSOCIATION NEGOTIATES GROUP BENEFITS AND SERVES AS THE CONDUIT FOR THE PAYMENT OF THE BENEFIT EXPENSE.

Program 2

THE ASSOCIATION SERVES THE SOCIAL NEEDS OF MEMBERS AND PROVIDES OPPORTUNITIES FOR MEMBERS TO IMPROVE THEIR OCCUPATIONAL SKILLS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $98,022
Investment Income $5
Other Revenue $258,867
TOTAL REVENUE $356,894

Expense Breakdown

Grants Paid $7,164
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $298,405
TOTAL EXPENSES $305,569

Year-over-Year Comparison

2023 2022 Change
Revenue $356,894 $427,085 -0.2%
Expenses $305,569 $406,177 -0.2%
Net Income $51,325 $20,908 +1.5%
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

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Governance

Voting Members
6
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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEX CAINE DIRECTOR N/A
Director
$0 $0 $0
ANDREW DOMENICI VICE PRESIDE N/A
Officer Director
$0 $0 $0
ENRIK MELGOZA DIRECTOR N/A
Director
$0 $0 $0
DON NELSON SECRETARY N/A
Officer Director
$0 $0 $0
KHOA NGUYEN TREASURER N/A
Officer Director
$0 $0 $0
BENJAMIN THERRIAULT PRESIDENT N/A
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
2024 No data No data No data No data
2023 $356,894 $305,569 $149,127 $51,325
2022 $427,085 $406,177 $156,252 $20,908
2021 $553,452 $453,019 $212,219 $100,433
2020 $554,696 $448,889 $149,611 $105,807
2019 $608,108 $595,833 $125,154 $12,275
2018 $556,303 $475,772 $155,479 $80,531
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