New York Police Investigators Foundation Inc

Nonprofit profile at a glance

EIN
842425025
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-EZ 2021, Form 990-N 2020
Location
Albany, NY, USA
Phone
5184360120
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Law Enforcement

Reported finances

Revenue
$235,323
Expenses
$100,311
Assets
$631,874
Liabilities
$0

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

Leadership & pay

12 people listed

Executive titles in this filing

  • RONALD R PIERONE JR (PRESIDENT, THRU 3/14/24)
  • WILLIAM DIAZ (PRESIDENT)
  • DAVID RUDERFER (VICE PRESIDENT)

Highest reported compensation

  • TIMOTHY M DYMOND (DIRECTOR, THRU 3/14/24): $20,000 total reported compensation
  • ROBERT LOMBARDI (DIRECTOR): $5,000 total reported compensation
  • WILLIAM DIAZ (PRESIDENT): $4,423 total reported compensation

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

Overview

Mission

Offers financial support to active and retired members of New York state police investigators association ("nyspia") and other law enforcement agencies, and their families in times of financial emergency caused by accident, acts of god, natural disasters, illness, hospitalization, and other unforeseen events that cause them financial distress; (2) offering financial support and assistance for the activities of nyspia; (3) offering financial support and assistance for worthy programs and public educational programs which enhance the field of law enforcement; (4) supporting, aiding and contributing toward other charities with the same or similar charitable purposes; (5) providing marketing, advertising and sales-related services in furtherance of the foregoing purposes; and (6) accepting, holding, investing, reinvesting and administering any gifts, bequest, devises, benefits of trust (but not to act as trustee of any trust) without limit, to disburse or donate.

What it reported doing in 2024

The foundation gave 27 donations to law enforcement officers or their families who were in need of assistance. These donations included donations for a death in the family, injuries and medical conditions.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 41
  • Transparency & Controls: 89
  • Accountability: 62
  • Sustainability: 78
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 31.3%; rating input score 31
  • Program expense ratio: 71.4%; rating input score 71
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 25th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 95.1%; rating input score 95; 55th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 87.5%; rating input score 88; 24th percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 57.4%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 6.3; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: 9.1% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: 17.4% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 30.8% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 31.3% of revenue deployed · 71.4% of spending went to programs
  • Governance: 7 of 8 board members independent · 2 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $72K in reported program spending
  • Leadership: top reported pay $20K · 12 people listed
  • Consistency: 23 of 24 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 3 filed related-organization links
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 31/100.
  • High — Accountability: Governance controls: 6 of 8 not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.