LODI POLICE FOUNDATION INC
Mission Statement
The objectives and purposes of the corporation shall be as follows: To assist the Lodi Police Department in fulfilling their respective duties and responsibilities to the public; To assist the Lodi Police Department in providing efficient effective and professional law enforcement to the citizens and residents of the City of Lodi; To promote, support and sponsor the policies and activities of the Lodi Police Department to include educating the public regarding the needs of the LPD in carrying out their duties and responsibilities to the public; To raise funds and accept monetary, equipment, and other in kind donations, in any lawful manner; and, To use funds available to this corporation for the purchase of materials, equipment, and staffing for the use of the Lodi Police Department (LPD) in accordance with final approval of the Chief of Police and in accordance as permitted by section 501c3 of the Internal Revenue Code and other state and federal laws, rules and regulations as adopted from time to time.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
73.7% | 86.8% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
90.0% | 41.7% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
68.1 mo | 122.3 mo |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
57.4% | 94.5% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
122.4% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-80.7% | 0.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
19.7% | 7.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $60K | $48K | $271K | 73.7% | — |
| 2023 | $27K | $248K | $232K | 92.3% | — |
| 2022 | $76K | $52K | $404K | 81.8% | — |
| 2021 | $73K | $19K | N/A | — | 1 |
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