Inglewood Police Association Inc (EIN 952218302) - 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

1956

Legal Domicile

Principal Officer

Joseph Lisardi

Phone

3106721300

Tax Period

2023-01-01 to 2023-12-31

Inglewood Police Association Inc, founded in 1956, is a small nonprofit that reported $206K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

Provide services and benefits to the Police Officers of the city of Inglewood, CA. These services and benefits include legal representation, certain disability benefits, collective bargaining representation, sponsorships, and to provide programs, assistance and education that enables the association to better serve the city.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,744

Program Service Revenue $187,835

Investment Income $-6,317

Other Revenue $20,551

TOTAL REVENUE $205,813

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $161,646

Other Expenses $155,227

TOTAL EXPENSES $202,477

Year-over-Year Comparison

	2023	2022	Change
Revenue	$205,813	$187,269	+0.1%
Expenses	$202,477	$204,016	0.0%
Net Income	$3,336	$-16,747	-1.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jose Barragan	President	15.00	Officer Director	$0	$0	$0
Joseph Lisardi	Treasurer	15.00	Officer Director	$0	$0	$0
Eric Hunt	Secretary	15.00	Officer Director	$0	$0	$0
Julien Baksh	Director	15.00	Director	$0	$0	$0
Oscar Salcedo	Director	15.00	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
2024	No data	No data	No data	No data
2023	$205,813	$202,477	$326,259	$3,336
2022	$187,269	$204,016	$274,205	$-16,747
2021	$185,148	$187,321	$322,981	$-2,173
2020	$204,142	$201,304	$305,669	$2,838
2019	$212,184	$180,201	$295,589	$31,983
2018	$229,892	$225,509	$241,809	$4,383

Inglewood Police Association Inc