MASON COUNTY SCHOOL EMPLOYEES CREDIT UNION (EIN 386069094) - 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

1962

Legal Domicile

Principal Officer

TERESA ERIKSEN

Phone

2318434066

Tax Period

2023-01-01 to 2023-12-31

MASON COUNTY SCHOOL EMPLOYEES CREDIT UNION, founded in 1962, is a small nonprofit that reported $236K in total revenue in fiscal year 2023. Revenue surged 61% from the prior year, signaling strong growth momentum. Expenses of $209K left a modest 11% surplus.

Mission

The purpose shall be to encourage thrift among its members, provide a variety of financial services to improve their economical and social condition.

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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 $106,056

Investment Income $129,806

Other Revenue $0

TOTAL REVENUE $235,862

Expense Breakdown

Grants Paid $0

Salaries & Benefits $58,711

Fundraising Expenses $0

Program Expenses $0

Other Expenses $150,642

TOTAL EXPENSES $209,353

Year-over-Year Comparison

	2023	2022	Change
Revenue	$235,862	$146,117	+0.6%
Expenses	$209,353	$113,617	+0.8%
Net Income	$26,509	$32,500	-0.2%

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

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
Dennis Genson	Chairperson	1	Director	$0	$0	$0
Grant Griswold	Vice Chairperson	1	Director	$0	$0	$0
Teresa Eriksen	Treasurer	1	Director	$0	$0	$0
Kathleen Winczewski	Secretary	0.75	Director	$0	$0	$0
Eric Asiala	Board Member	0.5	Director	$0	$0	$0
Paul Drelles	Board Member	0.5	Director	$0	$0	$0
Walter Leinberger	Board Member	0.5	Director	$0	$0	$0
Tracy Lenz	Board Member	0.5	Director	$0	$0	$0
Patrick Shinn	Board Member	0.5	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
2023	$235,862	$209,353	$6,621,896	$26,509
2022	$146,117	$113,617	$7,434,062	$32,500
2021	$152,920	$84,571	$8,063,445	$68,349
2020	$174,525	$112,685	$7,093,299	$61,840

MASON COUNTY SCHOOL EMPLOYEES CREDIT UNION