Silgan White Cap Credit Union

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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

1935

Legal Domicile

Phone

6305155144

Tax Period

2021-01-01 to 2021-10-31

Silgan White Cap Credit Union, founded in 1935, is a micro nonprofit that reported $75K in total revenue in fiscal year 2021. Expenses of $380K exceeded revenue, resulting in a 406% operating deficit.

Mission

PROVIDE LOANS AND SAVINGS ACCOUNTS TO EMPLOYEES OF SILGAN WHITE CAP TO OFFER LOW INTEREST LOANS AND DIVIDENDS ON SAVINGS ACCOUNTS.

Program Service Accomplishments

Program 1

Provided 86 loans to members and 501 savings accounts to 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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $38,655

Investment Income $3,342

Other Revenue $33,040

TOTAL REVENUE $75,037

Expense Breakdown

Grants Paid $0

Salaries & Benefits $34,353

Fundraising Expenses $0

Program Expenses $0

Other Expenses $37,008

TOTAL EXPENSES $379,575

Year-over-Year Comparison

	2021	2020	Change
Revenue	$75,037	$74,248	+0.0%
Expenses	$379,575	$73,000	+4.2%
Net Income	$-304,538	$1,248	-245.0%

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

$29,680

Total Directors

$4,673

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Treasurer	1.0	Officer Director	$0	$0	$0
N/A	Secretary	1.0	Officer Director	$0	$0	$0
N/A	Chairperson	2.0	Officer Director	$0	$0	$0
N/A	Vice Chairperson	2.0	Officer Director	$0	$0	$0
N/A	Director	1.0	Director	$0	$0	$0
N/A	Director	1.0	Director	$0	$0	$0
N/A	Director	1.0	Director	$0	$0	$0
N/A	Director	1.0	Director	$0	$0	$0
N/A	Director	1.0	Director	$4,673	$0	$4,673
N/A	Director	1.0	Director	$0	$0	$0
N/A	President	30.0	Officer	$29,680	$0	$29,680

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
2021	$75,037	$379,575	No data	$-304,538
2020	$74,248	$73,000	$2,792,711	$1,248
2019	$84,793	$100,164	$2,619,817	$-15,371
2018	$86,464	$83,697	$2,675,385	$2,767