Police Benevolent Foundation Inc
- Assets
- $854.8k
- Revenue
- $732.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Mcdonough, GA
- Founding
- 10/2005
- Data as of
- 12/2023
- EIN
- 20-3216872
Organization Overview
Police Benevolent Foundation Inc is located in Mcdonough, GA. The organization was established in 2005. According to its NTEE Classification (I60) the organization is classified as: Law Enforcement, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Police Benevolent Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Police Benevolent Foundation Inc generated $732.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $412.0k during the year ending 12/2023. While expenses have increased by 0.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS ORGANIZED FOR CHARITABLE AND BENEVOLENT PURPOSES TO DEFEND HUMAN AND CIVIL RIGHTS OF LAW ENFORCEMENT OFFICERS AND PROVIDE RELIEF FOR FAMILIES OF LAW ENFORCEMENT OFFICERS THAT ARE SLAIN IN THE LINE OF DUTY, AS WELL AS OTHER SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FUNDS RAISED BY THE POLICE BENEVOLENT FOUNDATION ARE USED IN PART TO PAY FOR THE INSURANCE PREMIUMS AND INSURANCE DEDUCTIBLES THAT PROVIDE FUNDS TO REPLACE THE SALARIES OF FALLEN OFFICERS. FUNDS ARE PAID DIRECTLY FROM AN INSURANCE COMPANY TO THE BENEFICIARIES FOR THE LAW ENFORCEMENT OFFICERS WHO ARE MEMBERS OF THE SOUTHERN STATES PBA.
PTSD SEMINARS WERE PUT ON FOR: LAW ENFORCEMENT OFFICERS AND FAMILIES IN NC, SC, VA & AL.
THE FOUNDATION COLLECTS FUNDS THAT ARE USED TO SUPPLEMENT THE TUITION AND FEES OF STUDENTS WHO ARE ATTENDING A COLLEGE OR UNIVERSITY OF THEIR CHOICE. THESE FUNDS ARE AVAILABLE FOR ANY STUDENT WHO IS PURSUING A DEGREE IN CRIMINOLOGY REGARDLESS OF LAW ENFORCEMENT AFFILIATION, AND THEY ARE ALSO AVAILABLE FOR THE CHILDREN OF LAW ENFORCEMENT OFFICERS THAT ARE MEMBERS OF THE PBA, REGARDLESS OF THEIR DEGREE CHOICE. IN 2015, APPLICANTS WERE SELECTED BY A REVIEW COMMITTEE THAT AWARDED STUDENT SCHOLARSHIPS TO THE STUDENT'S CHOSEN SCHOOLS.
OFFICERS THAT HAVE BEEN KILLED, INJURED OR HAVE SEVERE ILLNESS THAT HAS INHIBITED THEIR ABILITY TO WORK AND SUPPORT THEIR FAMILIES ARE SUPPORTED BY CONTRIBUTIONS TO THIS FUND. A PORTION OF FUNDS BROUGHT IN ARE USED TO FUND SEMINARS SPONSORED BY THE PDF FOR PTSD/PCIS (POST-TRAUMATIC STRESS DISORDER AND POST CRITICAL INCIDENT SEMINAR)EVERY DOLLAR IS COLLECTED FROM MEMBERS OF THE GENERAL PUBLIC WHO HAVE MADE THE CHOICE TO SUPPORT THIS CAUSE. DONATIONS FROM THIS FUND WERE DISTRIBUTED TO FAMILIES OF FALLEN LAW ENFORCEMENT OFFICERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Naia Secretary/tr | OfficerTrustee | $0 | |
Donald Scott V.P. | OfficerTrustee | $0 | |
Chris Skinner President | OfficerTrustee | $0 | |
David Soderberg Senior V.P. | OfficerTrustee | $0 | |
Joseph Woloszyn Board Member | Trustee | $0 | |
Jack Roberts CEO | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $386,689 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $386,689 |
| Total Program Service Revenue | $150,723 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $195,354 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $732,766 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $261,552 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $128,767 |
| Advertising and promotion | $2,820 |
| Office expenses | $1,442 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,106 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $239 |
| Total functional expenses | $411,995 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $854,846 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $854,846 |
| Accounts payable and accrued expenses | $150,081 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $150,081 |
| Net assets without donor restrictions | $425,483 |
| Net assets with donor restrictions | $279,282 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $854,846 |