Natick Police Relief Association Inc

Nonprofit profile at a glance

EIN
046112353
IRS 990 coverage
2018–2025
Forms available
Form 990 2025, Form 990-EZ 2023, Form 990-N 2017
Location
Natick, MA, USA
Phone
5086479517
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$23,272
Expenses
$30,439
Assets
$277,682
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • RICHARD HALLORAN (PRESIDENT)

People named in this filing

  • RICHARD HALLORAN (PRESIDENT)
  • JOHN HASWELL (VICE PRESIDE)
  • JAMES HICKS (SECRETARY)

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

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The corporation is constituted for the purpose of the payment of death benefits.

What it reported doing in 2025

The corporation is constituted for the purpose of the payment of death benefits to members of the corporation, made up of permanent and retired members of the natick police department.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Member-benefit provider. The nonprofit used 98% of its reported program spending for member benefits.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 90
  • Accountability: 70
  • Sustainability: 48
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.6%; rating input score 79
  • Program expense ratio: 67.3%; rating input score 67
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -30.8%; rating input score 31; 31st percentile among comparable filings
  • Total-asset coverage ratio: 9.12; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: -38.6% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: -26.2% per year; rating input score 0; 15th percentile among comparable filings
  • Asset growth: 7.5% per year; rating input score 100; 71st percentile among comparable filings

Details

  • Where the money goes: 78.6% of revenue deployed · 67.3% of spending went to programs
  • Governance: 89 of 89 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $20K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 13 of 13 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2018 to 2025
  • Contacts: How to reach this organization
  • 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 — Accountability: Governance controls: 4 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 31/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.