Is Texas Police Chiefs Association Foundation Legit?

Quick charity verification for Texas Police Chiefs Association Foundation (EIN: 202956522)

Verdict: Texas Police Chiefs Association Foundation appears trustworthy

85/100Mission Score
$1.6MRevenue
$3.3MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Texas Police Chiefs Association Foundation demonstrates a generally healthy financial position with consistent revenue growth over the past several years. For example, revenue increased from $728,487 in 2021 to $1,275,447 in 2023, indicating strong fundraising or program activity. The organization also maintains a substantial asset base, growing from $2,516,063 in 2021 to $3,014,661 in 2023, which provides financial stability. Spending efficiency appears reasonable, with expenses consistently lower than revenue in most recent periods, allowing for asset accumulation. For instance, in 2023, expenses were $849,034 against revenues of $1,275,447. A notable aspect of their financial structure is the reported 0% officer compensation across all available filings, which suggests that executive leadership may be unpaid or compensated through a related entity, or that the organization operates with a volunteer executive structure. This practice, while potentially reducing administrative costs, can sometimes obscure the true cost of leadership if compensation is routed elsewhere. Regarding transparency, the consistent filing of IRS Form 990s over 13 periods is a positive indicator. However, the lack of reported officer compensation warrants further investigation to fully understand the organization's operational costs and leadership structure. The NTEE code I60 (Law Enforcement, Crime Prevention) aligns with the organization's name, suggesting a clear mission focus.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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