Toledo Police Foundation
- Assets
- $83.8k
- Revenue
- $174.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Toledo, OH
- Founding
- 09/2019
- Data as of
- 12/2021
- EIN
- 83-2572993
Organization Overview
Toledo Police Foundation is located in Toledo, OH. The organization was established in 2019. According to its NTEE Classification (M11) the organization is classified as: Single Organization Support, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Toledo Police Foundation 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 12/2021, Toledo Police Foundation generated $174.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (37.2%) each year. All expenses for the organization totaled $480.9k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE TOLEDO POLICE FOUNDATION, INC. IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS TO HELP THE TOLEDO POLICE DEPARTMENT REACH ITS FULL POTENTIAL WHILE STRENGTHENING TIES WITHIN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTER COMMUNITY AND PRIVATE PARTNERSHIPS WITH THE TOLEDO POLICE DEPARTMENT IN ORDER TO MAKE THE CITY OF TOLEDO A SAFE PLACE TO LIVE, WORK AND VISIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Koenig Treasurer | OfficerTrustee | 2 | $0 |
Chrys Peterson Secretary | OfficerTrustee | 2 | $0 |
Joseph Napoli President | OfficerTrustee | 2 | $0 |
Shirley Green Director | Trustee | 2 | $0 |
Sandra Drabik Collins Director | Trustee | 2 | $0 |
Ryan Savage Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $173,973 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $173,973 |
| Total Program Service Revenue | $0 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $173,973 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $455,000 |
| Grants and other assistance to domestic individuals. | $15,063 |
| 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 | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $718 |
| Office expenses | $131 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $1,479 |
| All other expenses | $0 |
| Total functional expenses | $480,861 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,795 |
| 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 | $83,795 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $83,795 |
| Net assets with donor restrictions | $0 |
| 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 | $83,795 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Toledo Police Foundation has recieved totaling $122,500.
| Awarding Organization | Amount |
|---|---|
Promedica Health System Inc Toledo, OH PURPOSE: CHARITABLE DONATION | $122,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Monroe Community Ambulance Ann Arbor, MI | $3,732,143 | $6,262,960 |
Toledo Police Foundation Toledo, OH | $83,795 | $173,973 |
Mckinley Volunteer Firefighters Relief Association Elkins Park, PA | $964,209 | $115,816 |
Yardely Firemans Relief Assoc Yardley, PA | $7,759,188 | $1,555,502 |
Huntingdon Valley Fire Co No 1 Firemens Relief Assoc Huntingdon Valley, PA | $3,875,104 | $227,052 |
Wakefield Ambulance Association Peach Bottom, PA | $752,063 | $426,526 |
Lancaster County Public Safety Training Center Foundation Manheim, PA | $125,316 | $381,978 |
Western Regional Ems Inc Pittsburgh, PA | $641,498 | $202,565 |
Firemans Relief Association Of Plumstead Township Plumsteadville, PA | $2,182,267 | $262,130 |
London Laurel County Rescuemens Club Inc London, KY | $654,158 | $181,616 |
Springfield Township Delaware County Firemens Relief Association Springfield, PA | $1,231,591 | $235,319 |
Glen Rock Hose & Ladder Co Equipment Fund Glen Rock, PA | $1,728,945 | $307,820 |