Phoenix Police Foundation Inc
- Assets
- $1.2m
- Revenue
- $899.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Phoenix, AZ
- Founding
- 11/2001
- Data as of
- 12/2023
- EIN
- 86-1014450
Organization Overview
Phoenix Police Foundation Inc is located in Phoenix, AZ. The organization was established in 2001. According to its NTEE Classification (M40) the organization is classified as: Safety Education, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 12/2023, Phoenix Police Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phoenix Police 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, Phoenix Police Foundation Inc generated $899.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 23.5% each year . All expenses for the organization totaled $904.4k during the year ending 12/2023. 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 FOUNDATION WAS ESTABLISHED WITH THE INTENT TO GAIN COMMUNITY SUPPORT FOR UNMET POLICE DEPT. CAPITAL NEEDS AS WELL AS PROVIDE FINANCIAL ASSISTANCE FOR DEPT. EMPLOYEES AND THEIR FAMILIES IN TIMES OF CRISIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, THE PHOENIX POLICE FOUNDATION DEMONSTRATED AN UNWAVERING COMMITMENT TO ENHANCING PUBLIC SAFETY AND FOSTERING COMMUNITY RELATIONS THROUGH THE APPROVAL OF 36 GRANT REQUESTS, SIGNIFICANTLY IMPACTING THE PHOENIX POLICE DEPARTMENTS PPD CAPABILITIES AND OUTREACH. THIS STRATEGIC INVESTMENT ENCOMPASSED A WIDE ARRAY OF INITIATIVES, INCLUDING THE ACQUISITION OF ADVANCED EQUIPMENT AND TECHNOLOGY, THE DEVELOPMENT AND SUPPORT OF YOUTH ENGAGEMENT PROGRAMS, SPECIALIZED TRAINING FOR OFFICERS, AND CRITICAL INCIDENT SUPPORT, THEREBY REINFORCING THE PPDS OPERATIONAL EFFICIENCY AND COMMUNITY ENGAGEMENT EFFORTS. KEY HIGHLIGHTS OF THE GRANT APPROVALS INCLUDE A SUBSTANTIAL ALLOCATION OF FUNDS TOWARDS YOUTH ENGAGEMENT, WITH 40,000 DEDICATED TO PROGRAMMING DESIGNED TO FOSTER POSITIVE INTERACTIONS BETWEEN LAW ENFORCEMENT AND YOUNG COMMUNITY MEMBERS. ADDITIONALLY, THE FOUNDATION ALLOCATED 35,000 FOR THE PURCHASE OF PROTECTIVE SHIELDS, ENHANCING THE SAFETY OF OFFICERS DURING HIGH-RISK OPERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Thomas President | Officer | 40 | $162,791 |
Michael Anderson Chairman | OfficerTrustee | 1 | $0 |
Craig Stanford Vice-Chairman | OfficerTrustee | 1 | $0 |
Janelle Tassart Secretary | OfficerTrustee | 1 | $0 |
Josh Bell Treasurer | OfficerTrustee | 1 | $0 |
Steve Pampinella Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $35,985 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $833,487 |
| Noncash contributions included in lines 1a–1f | $65,011 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $869,472 |
| Total Program Service Revenue | $0 |
| Investment income | $4,808 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $23,000 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,631 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $899,911 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $495,995 |
| Grants and other assistance to domestic individuals. | $22,885 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $162,791 |
| Compensation of current officers, directors, key employees. | $24,418 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,281 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,910 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,039 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,874 |
| Advertising and promotion | $55,910 |
| Office expenses | $34,071 |
| Information technology | $41 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $599 |
| 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 | $947 |
| All other expenses | $0 |
| Total functional expenses | $904,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,325 |
| Savings and temporary cash investments | $248,582 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $150 |
| 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 | $867,217 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,211,274 |
| 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 | $39,537 |
| Total liabilities | $39,537 |
| Net assets without donor restrictions | $611,060 |
| Net assets with donor restrictions | $560,677 |
| 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 | $1,211,274 |
Grants Awarded
Over the last fiscal year, Phoenix Police Foundation Inc has awarded $82,161 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PHOENIX POLICE DEPT PURPOSE: Support Police Officer Dept Programs | $76,353 |
DRAGG INC PURPOSE: Outreach at Phx Union High School | $5,808 |