APPLE FEDERAL CREDIT UNION FOUNDATION (EIN 205308299) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

STEVEN F SENGSTACK

Phone

5713211800

Tax Period

2020-07-01 to 2021-01-26

APPLE FEDERAL CREDIT UNION FOUNDATION, founded in 2006, is a small nonprofit that reported $420K in total revenue in fiscal year 2019. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $847K exceeded revenue, resulting in a 102% operating deficit.

Mission

OUR MISSION WAS TO ADVANCE EDUCATION WITHIN THE COMMUNITY WE SERVE. WE PROVIDED A SCHOLARSHIP PROGRAM FOR GRADUATING SENIORS, A TEACHER GRANT PROGRAM, AND SUPPORTED NEW TEACHERS THROUGH OUR TEACHER INDUCTION GRANT PROGRAM. IN ADDITION, WE WORKED WITH SCHOOL DIVISIONS AND THE VA VDOE TO IMPROVE TEACHER RETENTION.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $8,054

Program Service Revenue $0

Investment Income $1,384

Other Revenue $0

TOTAL REVENUE $9,438

Expense Breakdown

Grants Paid $592,732

Salaries & Benefits $32,000

Fundraising Expenses $2,601

Program Expenses $760,884

Other Expenses $206,143

TOTAL EXPENSES $830,875

Year-over-Year Comparison

	2020	2019	Change
Revenue	$9,438	$420,082	-1.0%
Expenses	$830,875	$846,926	0.0%
Net Income	$-821,437	$-426,844	+0.9%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$113,482

Total Directors

$211,314

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CALANTHIA TUCKER	PRESIDENT	0.30	Officer Director	$0	$0	$53,482
STEVE SENGSTACK	EXECUTIVE DIRECTOR	25.00	Officer Director	$60,000	$0	$60,000
SU CHUANG	DIRECTOR	0.30	Director	$0	$0	$3,009
LINDA WHITFIELD	DIRECTOR	0.30	Director	$0	$0	$6,668
ERIN VERGARA	DIRECTOR	0.30	Director	$0	$2,657	$88,155
JAMIE BAISDEN	DIRECTOR	0.30	Director	$0	$0	$0
ROBERT SOWELL	VICE PRESIDENT, SECRETARY	0.30	Officer Director	$0	$0	$0
RC BOSLEY	TREASURER	0.30	Officer Director	$0	$0	$0
KELLI STENHOUSE	DIRECTOR	0.30	Director	$0	$0	$0
TESSIE WILSON	DIRECTOR	0.30	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
2021	$9,438	$830,875	No data	$-821,437
2020	$420,082	$846,931	$976,681	$-426,849

APPLE FEDERAL CREDIT UNION FOUNDATION