Redondo Beach, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Redondo Beach Police Relief Association, founded in 1965, is a small nonprofit that reported $272K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Net assets of $564K represent 25 months of operating reserves.
Provide services and benefits to the police officers' of the City of Redondo Beach, California. Theses services and benefits include legal representation, certain life and disability benefits, collective bargaining representation, sponsorships, and to provide programs, assistance, and education that enables the Association and its members to better serve the community.
LEGAL REPRESENTATIONThe Association pays from Member dues into a statewide Legal Defense Fund, as well as, retain legal counsel for member representation and advice.
PROGRAM SERVICESStatewide organization dues, meeting expenses, negotiation expenses, educational programs, medical insurance administration, sponsorships for events, public awareness programs for the...
PROGRAM SERVICESStatewide organization dues, meeting expenses, negotiation expenses, educational programs, medical insurance administration, sponsorships for events, public awareness programs for the community and donations to affiliate associations and organizations.
INSURANCEThe Association provides for accidental death, disability and life insurance for its Members.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $272,456 | $299,119 | -0.1% |
| Expenses | $294,262 | $305,056 | 0.0% |
| Net Income | $-21,806 | $-5,937 | +2.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| John Banach | President | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Brian Day | Vice President | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kyle Lofstrom | Secretary | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Aaron Plugge | Treasurer | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Justin Korte | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| Terrence Stevens | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| Brett Manis | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $272,456 | $294,262 | $564,011 | $-21,806 |
| 2024 | $299,119 | $305,056 | $576,997 | $-5,937 |
| 2023 | $264,345 | $248,961 | $489,844 | $15,384 |
| 2022 | $248,465 | $235,974 | $546,351 | $12,491 |
| 2021 | $222,621 | $221,815 | $514,904 | $806 |
| 2020 | $209,426 | $249,723 | $420,257 | $-40,297 |
| 2019 | $372,492 | $245,825 | $486,747 | $126,667 |
Compare Redondo Beach Police Relief Association with other nonprofits in California and across the country.