STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA (EIN 237056307) - 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

1970

Legal Domicile

Principal Officer

Tony Smart

Phone

2525511599

Tax Period

2025-01-01 to 2025-12-31

STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA, founded in 1970, is a small nonprofit that reported $552K in total revenue in fiscal year 2025. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $515K left a modest 7% surplus.

Mission

GUCO Credit Union is a not for profit financial cooperative that serves its members by offering deposit accounts and loans at reasonable rates.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $423,448

Investment Income $128,419

Other Revenue $0

TOTAL REVENUE $551,867

Expense Breakdown

Grants Paid $0

Salaries & Benefits $257,190

Fundraising Expenses $0

Program Expenses $438,084

Other Expenses $258,064

TOTAL EXPENSES $515,254

Year-over-Year Comparison

	2025	2024	Change
Revenue	$551,867	$490,662	+0.1%
Expenses	$515,254	$523,124	0.0%
Net Income	$36,613	$-32,462	-2.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tony L Smart	President	5	Officer Director	$0	$0	$0
Janet V Drinnon	Vice-President	5	Officer Director	$0	$0	$0
Jeffery Scott Mullis	Secretary/Treasurer	5	Officer Director	$0	$0	$0
James B Beddard	Director	5	Director	$0	$0	$0
Julius E Patrick	Director	5	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
2025	$551,867	$515,254	$9,837,812	$36,613
2024	$490,662	$523,124	$9,826,781	$-32,462
2023	$384,675	$375,997	$10,454,891	$8,678
2022	$353,214	$364,569	$12,976,273	$-11,355
2021	$384,638	$374,398	$12,941,504	$10,240
2020	$439,174	$402,004	$12,262,018	$37,170
2019	$467,388	$396,642	$11,395,214	$70,746
2018	$442,318	$422,720	$12,036,952	$19,598

STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA