CREDIT UNION ADVANTAGE (EIN 382344084) - 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

1969

Legal Domicile

Principal Officer

JANICE ZUCHOWICZ

Phone

2489966069

Tax Period

2024-01-01 to 2024-12-31

CREDIT UNION ADVANTAGE, founded in 1969, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024.

Mission

CREDIT UNION ADVANTAGE IS COMMITTED TO PROVIDING A RANGE OF SAFE, SECURE, CONVENIENT INNOVATED FINANCIAL PRODUCTS AND SERVICES EXCLUSIVELY FOR ITS 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,013,408

Investment Income $282,787

Other Revenue $0

TOTAL REVENUE $1,296,195

Expense Breakdown

Grants Paid $0

Salaries & Benefits $420,204

Fundraising Expenses $0

Other Expenses $974,587

TOTAL EXPENSES $1,394,791

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,296,195	$1,258,102	+0.0%
Expenses	$1,394,791	$1,441,337	0.0%
Net Income	$-98,596	$-183,235	-0.5%

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

$174,780

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANICE ZUCHOWICZ	CEO	40.00	Officer	$159,469	$15,311	$174,780
MICHELE CIOKAJLO	Chairman	1.00	Director	$0	$0	$0
KATRINA SUMMERSETT	Secretary	1.00	Director	$0	$0	$0
SHARON WALLACE	Treasurer	1.00	Director	$0	$0	$0
SAUNDIA CATO	Director	1.00	Director	$0	$0	$0
DEBRA BONAMY	Director	1.00	Director	$0	$0	$0
MICHAEL BURKE	Director	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	$1,296,195	$1,394,791	No data	$-98,596
2023	$1,258,102	$1,441,337	$29,135,118	$-183,235
2022	$1,390,903	$1,300,664	$31,067,431	$90,239
2021	$1,264,891	$1,265,127	$31,291,747	$-236
2020	$1,307,240	$1,270,110	$30,837,261	$37,130
2019	$1,560,586	$1,339,068	$27,703,140	$221,518
2018	$1,586,992	$1,479,705	$28,750,121	$107,287

CREDIT UNION ADVANTAGE