ETHICON SUTURE CREDIT UNION (EIN 366083051) - 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

1952

Legal Domicile

Principal Officer

C Walley Treasurer

Phone

7087280225

Tax Period

2023-01-01 to 2023-12-31

ETHICON SUTURE CREDIT UNION, founded in 1952, is a micro nonprofit that reported $69K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $60K left a modest 13% surplus.

Mission

OPERATED FOR MUTUAL PURPOSES

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $56,594

Investment Income $12,402

Other Revenue $0

TOTAL REVENUE $68,996

Expense Breakdown

Grants Paid $0

Salaries & Benefits $750

Fundraising Expenses $0

Other Expenses $59,355

TOTAL EXPENSES $60,105

Year-over-Year Comparison

	2023	2022	Change
Revenue	$68,996	$58,601	+0.2%
Expenses	$60,105	$54,546	+0.1%
Net Income	$8,891	$4,055	+1.2%

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

490

Independent Members

490

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

Total Directors

$750

Key Employees

$1,371

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
J GORDON	SECRETARY	2.00	Director	$0	$0	$0
P HOPF	PT STAFF	3.00	Key Emp	$1,371	$0	$1,371
J AYALA	BOARD CHRM	2.00	Director	$0	$0	$0
J BAVONE	VICE CHRM	2.00	Director	$0	$0	$0
C WALLEY	TREAS/PRES	20.00	Director	$750	$0	$750
C MCCALLUM	SUPERVISORY COM MEM	1.00	Director	$0	$0	$0
J FADIGAN	CREDIT COM MEMB	2.00	Director	$0	$0	$0
C SULLIVAN	CREDIT COM MEMB	2.00	Director	$0	$0	$0
J REYNOLDS	CREDIT COM MEMB	2.00	Director	$0	$0	$0
G RINCONENO	SUPERVISORY COM CHR	2.00	Director	$0	$0	$0
R GONZALEZ	SUPERVISORY COM MEM	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
2024	No data	No data	No data	No data
2023	$68,996	$60,105	$1,341,302	$8,891
2022	$58,601	$54,546	$1,524,203	$4,055
2021	$58,178	$56,347	$1,471,041	$1,831
2020	$56,218	$69,014	$1,244,398	$-12,796
2019	$65,330	$63,176	$1,172,527	$2,154
2018	$67,911	$64,892	$1,150,981	$3,019

ETHICON SUTURE CREDIT UNION