TRUMBULL FEDERAL CREDIT UNION (EIN 237200102) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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

1973

Legal Domicile

Principal Officer

ROSS MURRAY

Phone

2034525095

Tax Period

2024-01-01 to 2024-12-31

TRUMBULL FEDERAL CREDIT UNION, founded in 1973, is a small nonprofit that reported $134K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $35K, a strong 26% operating margin.

Mission

TO PROVIDE CREDIT UNION FINANCIAL SERVICES TO ITS MEMBERS

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $65,858

Investment Income $68,627

Other Revenue $0

TOTAL REVENUE $134,485

Expense Breakdown

Grants Paid $0

Salaries & Benefits $54,153

Fundraising Expenses $0

Other Expenses $45,195

TOTAL EXPENSES $99,348

Year-over-Year Comparison

	2024	2023	Change
Revenue	$134,485	$122,707	+0.1%
Expenses	$99,348	$86,630	+0.1%
Net Income	$35,137	$36,077	0.0%

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

N/A

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

$5,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROSS MURRRAY	TREASURER	8.00	Officer	$5,000	$0	$5,000
PAUL GORMAN	CHAIRPERSON	1.00	Officer	$0	$0	$0
DONNA PELLITERI	VICE CHAIRPERSON	1.00	Officer	$0	$0	$0
CATHY RAUSO	SECRETARY	1.00	Officer	$0	$0	$0
DAVID GIANNINI	MEMBER/SUP COMM	1.00	Officer	$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
2024	$134,485	$99,348	$3,235,607	$35,137
2023	$122,707	$86,630	$3,220,764	$36,077
2022	$78,028	$80,852	$3,450,998	$-2,824
2021	$43,372	$74,765	$3,679,994	$-31,393
2020	$75,164	$76,446	$3,826,782	$-1,282
2019	$94,926	$85,838	$3,390,649	$9,088
2018	$89,284	$81,930	$3,432,528	$7,354

TRUMBULL FEDERAL CREDIT UNION