PASADENA POLICE OFFICERS ASSOCIATION INC (EIN 953315175) - 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

1976

Legal Domicile

Principal Officer

THOMAS CORRALEZ

Phone

6262051514

Tax Period

2023-01-01 to 2023-12-31

PASADENA POLICE OFFICERS ASSOCIATION INC, founded in 1976, is a small nonprofit that reported $489K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $80K, a strong 16% operating margin.

Mission

TO PROVIDE MEMBERS WITH DISABILITY INSURANCE, NEGOTIATING POWER OF A LABOR ORGANIZATION,AND LEGAL DEFENSE, TO PROVIDE SCHOLARSHIP GRANTS AND SUPPORT OTHER CHARITABLE

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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 $0

Program Service Revenue $482,920

Investment Income $6,261

Other Revenue $0

TOTAL REVENUE $489,181

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $280,672

Other Expenses $187,560

TOTAL EXPENSES $409,418

Year-over-Year Comparison

	2023	2022	Change
Revenue	$489,181	$433,968	+0.1%
Expenses	$409,418	$365,635	+0.1%
Net Income	$79,763	$68,333	+0.2%

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	Role	Reportable Comp	Other Comp	Total
VICTOR ONTIVEROS	Sgt. at Arms	Director	$0	$0	$0
MICHAEL GLIGORIJEVIC	Director	Director	$0	$0	$0
JOHN CYBULSKI	Director	Director	$0	$0	$0
AARON VILLICANA	Director	Director	$0	$0	$0
DAVE LLANES	Director	Director	$0	$0	$0
KERRI MARTINEZ	Off. Manager	Director	$0	$0	$0
CONNOR DUNCAN	Vice President	Officer	$0	$0	$0
THOMAS CORRALEZ	President	Officer	$0	$0	$0
DAVID KILLGORE	Treasurer	Officer	$0	$0	$0
MIKE ARELLANES	Secretary	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
2024	No data	No data	No data	No data
2023	$489,181	$409,418	$378,219	$79,763
2022	$433,968	$365,635	$301,085	$68,333
2021	$421,240	$451,604	$228,921	$-30,364
2020	$418,758	$334,392	$259,399	$84,366

PASADENA POLICE OFFICERS ASSOCIATION INC