Glendale Police Officers Relief Assn

EIN: 956101215

Glendale, CA

Total Revenue
$459,067
Total Expenses
$415,891
Total Assets
$657,742
Net Assets
$657,742
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1943
Legal Domicile
CA
Phone
8182469053
Tax Period
2023-01-01 to 2023-12-31

Glendale Police Officers Relief Assn, founded in 1943, is a small nonprofit that reported $459K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $416K left a modest 9% surplus.

Mission

The purposes and objectives of the Association is to promote harmony and unity of purpose among its members; to promote fraternalism and fellowship among its members, and to aid and assist each other in times of sickness and distress. To provide for its members sickness, accident and death benefits. To provide a means for members to obtain sickness, accident, death and legal insurances.To improve the terms and conditions of employment for the members of the Association.Finally, to provide support for local charitable and social benefit 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 (2023)

Revenue Breakdown

Contributions & Grants $7,411
Program Service Revenue $395,001
Investment Income $30,804
Other Revenue $25,851
TOTAL REVENUE $459,067

Expense Breakdown

Grants Paid $19,053
Salaries & Benefits $47,381
Fundraising Expenses $0
Other Expenses $54,627
TOTAL EXPENSES $415,891

Year-over-Year Comparison

2023 2022 Change
Revenue $459,067 $397,153 +0.2%
Expenses $415,891 $362,672 +0.1%
Net Income $43,176 $34,481 +0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
1
Volunteers
25

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
0
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chris Krivak President 10.00
Director
$0 $0 $0
Josh Luna Vice President 4.00
Director
$0 $0 $0
Julie Wojnarowski Secretary 4.00
Director
$0 $0 $0
Larry Ballesteros Director 4.00
Director
$0 $0 $0
Ernesto Gaxiola Director 4.00
Director
$0 $0 $0
Michael Wenz Director 4.00
Director
$0 $0 $0
Sahak Nersesyan Treasurer 4.00
Director
$0 $0 $0
Michael Mercado Director 4.00
Director
$0 $0 $0
Chris Ayad Sgt at Arms 4.00
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 $459,067 $415,891 $657,742 $43,176
2022 $397,153 $362,672 $614,566 $34,481
2021 $397,772 $398,598 $631,684 $-826
2020 $395,528 $397,946 $632,510 $-2,418
2019 $425,382 $357,877 $634,928 $67,505
2018 $401,487 $333,009 $567,424 $68,478
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