DANBURY CYANAMID EMPLOYEES CREDIT UNION (EIN 060761502) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1957

Legal Domicile

Principal Officer

TAMMY S KONARESKI

Phone

2037788677

Tax Period

2020-01-01 to 2020-09-30

DANBURY CYANAMID EMPLOYEES CREDIT UNION, founded in 1957, is a small nonprofit that reported $161K in total revenue in fiscal year 2020. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 649% operating deficit.

Mission

TO PROVIDE FINANCIAL SERVICES AND RELATED PRODUCTS TO OUR MEMBERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $91,317

Investment Income $67,841

Other Revenue $1,406

TOTAL REVENUE $160,564

Expense Breakdown

Grants Paid $1,002,889

Salaries & Benefits $149,651

Fundraising Expenses $0

Other Expenses $47,882

TOTAL EXPENSES $1,202,497

Year-over-Year Comparison

	2020	2019	Change
Revenue	$160,564	$255,292	-0.4%
Expenses	$1,202,497	$519,601	+1.3%
Net Income	$-1,041,933	$-264,309	+2.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$76,454

Total Directors

$76,454

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TAMMY S KONARESKI	CEO/TREASURER	45.00	Officer Director	$59,934	$16,520	$76,454
ROBERT LEONARD	PRESIDENT	1.00	Officer Director	$0	$0	$0
LOIS SMART	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CLARA PERKINS	SECRETARY	1.00	Officer Director	$0	$0	$0
ROBERT ROSASCO	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2020	$160,564	$1,202,497	No data	$-1,041,933
2019	$255,292	$519,601	$6,514,801	$-264,309
2018	$269,270	$426,826	$6,383,572	$-157,556

DANBURY CYANAMID EMPLOYEES CREDIT UNION