FIRST CREDIT UNION OF SCRANTON (EIN 240800441) - 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

Principal Officer

JAMIE MASTERS

Phone

5709618953

Tax Period

2020-01-01 to 2020-12-31

FIRST CREDIT UNION OF SCRANTON is a small nonprofit that reported $508K in total revenue in fiscal year 2020. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $621K exceeded revenue, resulting in a 22% operating deficit.

Mission

TO PROVIDE CO-OPERATIVE FINANCIAL SERVICES TO THEIR 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 $347,265

Investment Income $161,106

Other Revenue $0

TOTAL REVENUE $508,371

Expense Breakdown

Grants Paid $0

Salaries & Benefits $192,714

Fundraising Expenses $0

Other Expenses $428,254

TOTAL EXPENSES $620,968

Year-over-Year Comparison

	2020	2019	Change
Revenue	$508,371	$673,060	-0.2%
Expenses	$620,968	$637,697	0.0%
Net Income	$-112,597	$35,363	-4.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD DUNLEAVY	BOARD MEMBER	2.00	Director	$0	$0	$0
THOMAS GAVIN	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
GUY PILOSI	BOARD MEMBER	2.00	Director	$0	$0	$0
ROBERT RYAN	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN SAVILLE	SECRETARY	5.00	Officer Director	$0	$0	$0
JAMES SCHIAVO	BOARD MEMBER	2.00	Director	$0	$0	$0
JAMES SNYDER	PRESIDENT	5.00	Officer 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	$508,371	$620,968	$20,794,231	$-112,597
2019	$673,060	$637,697	$17,964,546	$35,363
2018	$668,666	$616,849	$17,608,544	$51,817

FIRST CREDIT UNION OF SCRANTON