Los Angeles Police Retirement Benefit & Insurance Association Inc (EIN 956048123) - 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

1937

Legal Domicile

Principal Officer

TIMOTHY GRABE

Phone

2132694640

Tax Period

2023-01-01 to 2023-12-31

Los Angeles Police Retirement Benefit & Insurance Association Inc, founded in 1937, is a small nonprofit that reported $790K in total revenue in fiscal year 2023. Expenses of $1.9M exceeded revenue, resulting in a 141% operating deficit.

Mission

PROVIDING LIFE INSURANCE TO ACTIVE AND RETIRED OFFICERS OF THE LOS ANGELES POLICE DEPARTMENT

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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 $412,584

Investment Income $377,741

Other Revenue $0

TOTAL REVENUE $790,325

Expense Breakdown

Grants Paid $0

Salaries & Benefits $105,960

Fundraising Expenses $0

Other Expenses $471,393

TOTAL EXPENSES $1,907,090

Year-over-Year Comparison

	2023	2022	Change
Revenue	$790,325	$-866,497	-1.9%
Expenses	$1,907,090	$2,223,573	-0.1%
Net Income	$-1,116,765	$-3,090,070	-0.6%

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

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
TIMOTHY GRABE	President	1.00	Officer Director	$0	$0	$0
ERIKA SANCHEZ	Vice President	1.00	Officer Director	$0	$0	$0
CHERI ROBERTS	Secretary	1.00	Officer Director	$0	$0	$0
ADRIANA STEWARD	Treasurer	1.00	Officer Director	$0	$0	$0
LUIS ALARCON	Director	1.00	Director	$0	$0	$0
JASON FONG	Director	1.00	Director	$0	$0	$0
DIMITRI KORT	Director	1.00	Director	$0	$0	$0
JASON LIGOURI	Director	1.00	Director	$0	$0	$0
BRIEN POGUE	Director	1.00	Director	$0	$0	$0
RYAN WHITEMAN	Director	1.00	Director	$0	$0	$0
KERRY YOUNG	Director	1.00	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	$790,325	$1,907,090	$21,074,016	$-1,116,765
2022	$-866,497	$2,223,573	$20,305,594	$-3,090,070
2021	$7,166,772	$1,584,992	$25,422,829	$5,581,780
2020	$2,372,353	$2,455,776	$25,823,956	$-83,423
2019	$1,309,037	$1,607,942	$20,986,784	$-298,905
2018	$1,913,384	$2,172,653	$18,201,264	$-259,269

Los Angeles Police Retirement Benefit & Insurance Association Inc