THREE RIVERS CREDIT UNION (EIN 237449651) - 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

1992

Legal Domicile

Principal Officer

DAVID A PRETER

Phone

2292438131

Tax Period

2020-01-01 to 2020-06-30

THREE RIVERS CREDIT UNION, founded in 1992, is a small nonprofit that reported $375K in total revenue in fiscal year 2020. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $612K exceeded revenue, resulting in a 63% operating deficit.

Mission

PROVIDE FINANCIAL SERVICES TO THE 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 $331,475

Investment Income $43,090

Other Revenue $0

TOTAL REVENUE $374,565

Expense Breakdown

Grants Paid $0

Salaries & Benefits $154,651

Fundraising Expenses $0

Other Expenses $429,012

TOTAL EXPENSES $612,093

Year-over-Year Comparison

	2020	2019	Change
Revenue	$374,565	$799,394	-0.5%
Expenses	$612,093	$844,467	-0.3%
Net Income	$-237,528	$-45,073	+4.3%

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

$28,845

Total Directors

$28,845

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS F JOYCE	MANAGER/BOARD TREASURER	40.00	Officer Director	$28,845	$0	$28,845
ANDREA DAVIDSON	SUPERVISORY COMMITTEE	1.00	Director	$0	$0	$0
FRANK GODWIN	BOARD MEMBER	1.00	Director	$0	$0	$0
LEANNE GUEST	SUPERVISORY COMMITTEE CHAIRMAN	1.00	Director	$0	$0	$0
DIANNE HAIRE	SUPERVISORY COMMITTEE	1.00	Director	$0	$0	$0
SEYMORE M PELTON	SUPERVISORY COMMITTEE	1.00	Director	$0	$0	$0
TERESA ROBERTS	BOARD CHAIRMAN	1.00	Officer Director	$0	$0	$0
CAROL SMITH	CREDIT COMMITTE CHAIRMAN	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	$374,565	$612,093	No data	$-237,528
2019	$799,394	$844,467	$10,933,318	$-45,073
2018	$1,031,936	$1,154,138	$13,836,973	$-122,202

THREE RIVERS CREDIT UNION