Pasadena Police Foundation

EIN: 954442545 501(c)(3) Unknown

Pasadena, CA

Total Revenue
$155,529
Total Expenses
$72,780
Total Assets
$251,902
Net Assets
$251,902
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
CA
Principal Officer
Brandon Carroll
Tax Period
2024-07-01 to 2025-06-30

Pasadena Police Foundation, founded in 1993, is a small nonprofit in the Unknown sector that reported $156K in total revenue in fiscal year 2024. Revenue surged 183% from the prior year, signaling strong growth momentum. The organization ran a surplus of $83K, a strong 53% operating margin.

Mission

The mission of the Pasadena Police Foundation is to assist with the planning, development, implementation and support of programs and activities of the Pasadena Police Department. Additionally, the Foundation raises funds to support police and local youth interface activities.

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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 (2024)

Revenue Breakdown

Contributions & Grants $74,012
Program Service Revenue $0
Investment Income $1,098
Other Revenue $80,419
TOTAL REVENUE $155,529

Expense Breakdown

Grants Paid $20,493
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $59,329
Other Expenses $52,287
TOTAL EXPENSES $72,780

Year-over-Year Comparison

2024 2023 Change
Revenue $155,529 $54,946 +1.8%
Expenses $72,780 $68,535 +0.1%
Net Income $82,749 $-13,589 -7.1%
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
11
Independent Members
11
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
3
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gary Simonian Board Member 2.00
Director
$0 $0 $0
Spencer Schultz Board Member 2.00
Director
$0 $0 $0
Damon Stathatos Board Member 2.00
Director
$0 $0 $0
Eugene Harris Ex Officio Board Member 2.00
Director
$0 $0 $0
Edward Corey Board Member 2.00
Director
$0 $0 $0
Karo Giulakian Treasurer 4.00
Director
$0 $0 $0
Harry Kouladjian Board Member 2.00
Director
$0 $0 $0
Charlotte Bland Board Member 2.00
Director
$0 $0 $0
Amy Juhas Board Member 2.00
Director
$0 $0 $0
Jesse Marez Board Member 2.00
Director
$0 $0 $0
Brandon Stansell Board Member 2.00
Director
$0 $0 $0
Brandon Carroll President 5.00
Officer
$0 $0 $0
Michael Zelman Vice President 4.00
Officer
$0 $0 $0
Brenda Burke Secretary 4.00
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
2025 $155,529 $72,780 $251,902 $82,749
2024 $54,946 $68,535 $169,153 $-13,589
2023 $54,668 $65,112 $187,113 $-10,444
2022 $55,762 $42,725 $197,557 $13,037
2021 $102,412 $47,807 $184,520 $54,605
2020 $52,899 $75,429 $129,915 $-22,530
2019 $64,635 $28,507 $152,445 $36,128
2018 $61,894 $46,632 $116,317 $15,262
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