GEAUGA CREDIT UNION (EIN 341055466) - 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

1956

Legal Domicile

Principal Officer

LISA K BRIGGS

Phone

4408344327

Tax Period

2023-01-01 to 2023-12-31

GEAUGA CREDIT UNION, founded in 1956, is a community nonprofit that reported $4.1M in total revenue in fiscal year 2023. Revenue surged 70% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 46% operating margin.

Mission

THE CREDIT UNION PROVIDES FINANCIAL SERVICES FOR QUALIFIED 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,354,012

Investment Income $676,399

Other Revenue $25,135

TOTAL REVENUE $4,055,546

Expense Breakdown

Grants Paid $0

Salaries & Benefits $512,113

Fundraising Expenses $0

Program Expenses $1,969,178

Other Expenses $877,848

TOTAL EXPENSES $2,171,239

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,055,546	$2,388,027	+0.7%
Expenses	$2,171,239	$1,665,798	+0.3%
Net Income	$1,884,307	$722,229	+1.6%

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

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

$81,137

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS BRIGGS	TREASURER	0.35	Officer Director	$0	$0	$0
BARRY OWEN	DIRECTOR	0.35	Officer Director	$0	$0	$0
ROBERT YODER	DIRECTOR	0.35	Director	$0	$0	$0
BARBARA TITUS	DIRECTOR	0.35	Officer Director	$0	$0	$0
AGGIE SOJKA	VICE PRESIDE	0.35	Director	$0	$0	$0
LINDA SWANEY	SECRETARY	0.35	Officer Director	$0	$0	$0
DAVID MILLER	DIRECTOR	0.35	Director	$0	$0	$0
LISA K BRIGGS	CEO	40.00	Officer	$81,137	$0	$81,137
DANIEL BURKHOLDER	PRESIDENT	0.35	Officer Director	$0	$0	$0
GEORGIA KLEMENCIC	DIRECTOR	0.35	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
2024	No data	No data	No data	No data
2023	$4,055,546	$2,171,239	$68,339,855	$1,884,307
2022	$2,388,027	$1,665,798	$66,325,020	$722,229
2021	$1,975,627	$1,339,527	$64,960,428	$636,100
2020	$2,268,025	$1,654,605	$54,765,122	$613,420
2019	$1,988,381	$1,755,976	$38,964,883	$232,405
2018	$1,691,417	$1,583,761	$37,155,360	$107,656

GEAUGA CREDIT UNION