Police Officer Assistance Trust
- Assets
- $6.7m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Miami, FL
- Founding
- 08/1991
- Data as of
- 09/2021
- EIN
- 65-0164129
Organization Overview
Police Officer Assistance Trust is located in Miami, FL. The organization was established in 1991. According to its NTEE Classification (I11) the organization is classified as: Single Organization Support, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Police Officer Assistance Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Police Officer Assistance Trust generated $1.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $702.0k during the year ending 09/2021. While expenses have increased by 8.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Police Officer Assistance Trust has awarded 20 individual grants totaling $439,319. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING FINANCIAL ASSISTANCE WHEN NEEDS ARISE DUE TO DEATH, DISABILITY, ILLNESS, INJURY, OR SOME OTHER CATASTROPHIC CIRCUMSTANCES TO POLICE OFFICERS AND THEIR FAMILIES. BENEFITS INCLUDE BUT ARE NOT LIMITED TO EDUCATION, MEDICAL, FUNERAL, AND HOLIDAY REMEMBRANCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POAT PROVIDES FINANCIAL ASSISTANCE TO OFFICERS DISABLED IN THE LINE OF DUTY, SUFFERING FROM CHRONIC OR TERMINAL ILLNESS, OR THE VICTIM OF SOME OTHER CATASTROPHIC CIRCUMSTANCE. POAT PROVIDES EDUCATIONAL ASSISTANCE TO THE SPOUSES AND CHILDREN OF LAW ENFORCEMENT OFFICERS KILLED IN THE LINE OF DUTY IN MIAMI-DADE COUNTY. POAT PROVIDES SUPPORT AFTER DISASTERS TO ASSIST OFFICERS THROUGH CASH ADVANCES, SUPPLYING BUILDING MATERIAL, AND PROVIDING NECESSITIES SUCH AS FOOD, WATER, AND CLOTHING. POAT HAS ALSO BEEN CALLED UPON TO ASSIST THE FAMILIES, AS WELL AS THE AGENCY INVOLVED, WHEN OFFICERS HAVE BEEN KILLED IN THE LINE OF DUTY, AND OTHER DEATHS INVOLVING LAW ENFORCEMENT OFFICERS AND THEIR IMMEDIATE FAMILY MEMBERS. THE ASSISTANCE PROVIDED IS PRIMARILY FINANCIAL, BUT HAS INCLUDED MAKING FUNERAL ARRANGEMENTS, COUNSELING, AND HANDLING INSURANCE AND OTHER MATTERS FOR THE FAMILY.
POAT MAKES GRANTS TO ORGANIZATIONS TO PROVIDE ASSISTANCE TO FAMILIES OF POLICE OFFICERS IN NEED.
POAT PROVIDES SUPPORT TO MAINTAIN THE LAW ENFORCEMENT OFFICERS MEMORIAL WHICH WAS ESTABLISHED IN 1980 TO HONOR FALLEN OFFICERS FROM EVERY POLICE DEPARTMENT AND LAW ENFORCEMENT AGENCY WITHIN MIAMI-DADE COUNTY. POAT IS RESPONSIBLE FOR THE CARE AND PRESERVATION OF THE MEMORIAL AND HAS SWORN TO SAFEGUARD THE MEMORY OF EACH OFFICER LOST IN THE LINE OF DUTY. TODAY, 147 NAMES GRACE THESE HALLOWED WALLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alfredo Ramirez III President | OfficerTrustee | 10 | $0 |
Addy Dweck Secretary | OfficerTrustee | 10 | $0 |
Mailyn Sosa Treasurer | OfficerTrustee | 40 | $0 |
Alex Casas Vice-President | OfficerTrustee | 10 | $0 |
Rudy Gonzalez Jr Advisory Trustee | Trustee | 2 | $0 |
Scott Kennedy Appointed Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,511 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $653,680 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $656,191 |
| Total Program Service Revenue | $0 |
| Investment income | $66,879 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $305,741 |
| Net Income from Fundraising Events | $999 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,029,810 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $42,018 |
| Grants and other assistance to domestic individuals. | $494,759 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,728 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $17,316 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,040 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,074 |
| Insurance | $5,265 |
| All other expenses | $0 |
| Total functional expenses | $702,013 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,931 |
| Savings and temporary cash investments | $294,805 |
| Pledges and grants receivable | $172,150 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,132 |
| Net Land, buildings, and equipment | $416,941 |
| Investments—publicly traded securities | $5,662,283 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,650,242 |
| Accounts payable and accrued expenses | $181,378 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $44,608 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $225,986 |
| Net assets without donor restrictions | $6,324,256 |
| Net assets with donor restrictions | $100,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,650,242 |
Grants Awarded
Over the last fiscal year, Police Officer Assistance Trust has awarded $183,207 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Doral, FL PURPOSE: AGREED UPON SUPPORT OF ASSISTANCE TO FAMILIES OF POLICE OFFICERS IN NEED. | $46,069 |
Doral, FL PURPOSE: AGREED UPON SUPPORT OF ASSISTANCE TO FAMILIES OF POLICE OFFICERS IN NEED. | $46,069 |
Doral, FL PURPOSE: AGREED UPON SUPPORT OF ASSISTANCE TO FAMILIES OF POLICE OFFICERS IN NEED. | $46,069 |
Vero Beach, FL PURPOSE: GENERAL SUPPORT | $10,000 |
Vero Beach, FL PURPOSE: GENERAL SUPPORT | $10,000 |
Vero Beach, FL PURPOSE: GENERAL SUPPORT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Police Officer Assistance Trust has recieved totaling $319,610.
| Awarding Organization | Amount |
|---|---|
Victor E Clarke Charitable Foundation Delray Beach, FL PURPOSE: FOR THE ORGANIZATION'S GENERAL PURPOSES OF ASSISTING OFFICERS AND THEIR FAMILIES IN TIMES OF NEED | $150,000 |
United Way Miami Inc Miami, FL PURPOSE: GENERAL FUNDS | $130,789 |
Community Police Relations Foundation Fort Lauderdale, FL PURPOSE: GENERAL SUPPORT | $16,000 |
Bny Mellon Charitable Gift Fund Boston, MA PURPOSE: TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $10,000 |
David & Sondra Family Foundation Inc Fort Lee, NJ PURPOSE: EXEMPT PURPOSE | $5,000 |
Organization Name not Listed PURPOSE: PROVIDING FINANCIAL ASSISTANCE WHEN NEEDS ARISE DUE TO DEATH, DISABILITY, ILLNESS, INJURY, OR SOME OTHER CATASTROPHIC CIRCUMSTANCES TO POLICE OFFICERS AND THEIR FAMILIES. | | $5,000 |
Endowment Analysis
| Beg. Balance | $100,000 |
| Earnings | $801 |
| Other Expense | $801 |
| Ending Balance | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Consolidated Credit Solutions Inc Fort Lauderdale, FL | $8,529,221 | $25,542,435 |
Atlanta Police Foundation Inc Atlanta, GA | $28,296,920 | $12,116,561 |
District One Medical Examiner Support Inc Milton, FL | $456,331 | $3,366,963 |
Police Officer Assistance Trust Miami, FL | $6,650,242 | $1,029,810 |
Friends Of Foster Children Of Palm Beach County Inc West Palm Beach, FL | $573,759 | $706,048 |
Huntsville Police Citizensfoundation Huntsville, AL | $102,418 | $0 |
Caja Friends Inc Huntsville, AL | $403,613 | $214,125 |
Delray Citizens For Delray Police Inc Delray Beach, FL | $264,239 | $89,010 |
Sheriffs Employee Assistance Tr Inc Orlando, FL | $886,954 | $86,274 |
Hundred Club Of Indian River County Inc Vero Beach, FL | $425,304 | $94,422 |
Two Hundred Club Of Jacksonville Inc Jacksonville, FL | $283,697 | $0 |
Vero Beach Police Benevolent Association Inc Vero Beach, FL | $379,740 | $0 |