Independence Police Department Charitable Foundation Inc

Nonprofit profile at a glance

EIN
850520849
IRS 990-EZ coverage
2020–2024
Forms available
Form 990 2022, Form 990-EZ 2024
Location
Independence, MO, USA
Phone
8168383745
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$47,569
Expenses
$24,400
Assets
$164,869

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • LOIS MCDONALD (PRESIDENT)

People named in this filing

  • LOIS MCDONALD (PRESIDENT)
  • COLIN MCCLAIN (VICE PRESIDE)
  • MATT MEDLEY (2024 TREASUR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Created by community stakeholders to support the independence police department, the foundation raises funding through private donations and grants for projects, programs, equipment, and other department needs.

What it reported doing in 2024

The foundation works with the independence police department to ensure that every civilian and sworn member of the department has access to the best equipment and training to perform at the highest levels of professional standards. To assist employees and immediate family members of the independence police department with economic hardships due to death, disability, critical illness, or other catastrophic life event.

Operating model

Revenue model
Donor-supported. 81% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 38
  • Transparency & Controls: 100
  • Sustainability: 75
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 28.8%; rating input score 29
  • Program expense ratio: 53.7%; rating input score 54

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 48.7%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 6.76; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -20.3% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: -27% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: 17.6% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 28.8% of revenue deployed · 53.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $13K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 29/100.
  • Review — Financial Efficiency: Program expense ratio scored 54/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.