LA PALMA POLICE ASSOCIATION INC (EIN 953161626) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1977

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

LA PALMA POLICE ASSOCIATION INC, founded in 1977, is a micro nonprofit in the Public Safety sector that reported $48K in total revenue in fiscal year 2023. The organization ran a surplus of $16K, a strong 33% operating margin.

Mission

The La Palma Police Associations mission is to promote and secure an understanding and the cooperation between the general citizenry of La Palma and to promote relations between the City of La Palma, the La Palma Police Department and its officers.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $47,504

Investment Income $0

Other Revenue $0

TOTAL REVENUE $47,504

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $31,652

TOTAL EXPENSES $31,652

Year-over-Year Comparison

	2023	2022	Change
Revenue	$47,504	$44,628	+0.1%
Expenses	$31,652	$27,492	+0.2%
Net Income	$15,852	$17,136	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSH GARCIA	PRESIDENT	5.00	Officer	$0	$0	$0
ERICA BOOS	SECRETARY	5.00	Officer	$0	$0	$0
CAITLIN BOSHEARS-RAMOS	TREASURER	5.00	Officer	$0	$0	$0
JUSTIN BRAASCH	SGT AT ARMS	5.00	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
2023	$47,504	$31,652	$125,725	$15,852
2022	$44,628	$27,492	$100,705	$17,136
2021	$51,435	$44,673	$111,361	$6,762
2020	$46,844	$32,054	$104,599	$14,790
2019	$58,080	$46,618	$89,809	$11,462
2018	$50,496	$44,382	$78,347	$6,114

LA PALMA POLICE ASSOCIATION INC