Wisconsin Latvian Credit Union (EIN 391018560) - 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

1961

Legal Domicile

Principal Officer

John Staks

Phone

4143321744

Tax Period

2025-01-01 to 2025-12-31

Wisconsin Latvian Credit Union, founded in 1961, is a small nonprofit that reported $146K in total revenue in fiscal year 2025. Revenue decreased 5% compared to the prior year. Net assets of $308K represent 25 months of operating reserves.

Mission

A co-operative, non profit corporation, incorporated to encourage thrift among its members, create a source of credit at a fair and reasonable cost, and provide an opportunity for its members to improve their economic and social conditions.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $73,208

Investment Income $72,777

Other Revenue $0

TOTAL REVENUE $145,985

Expense Breakdown

Grants Paid $0

Salaries & Benefits $39,268

Fundraising Expenses $0

Program Expenses $71,924

Other Expenses $105,719

TOTAL EXPENSES $144,987

Year-over-Year Comparison

	2025	2024	Change
Revenue	$145,985	$153,812	-0.1%
Expenses	$144,987	$153,573	-0.1%
Net Income	$998	$239	+3.2%

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

$26,920

Total Directors

$26,920

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sandra Mednis	Secretary/Treasurer	20	Officer Director	$22,620	$4,300	$26,920
John Staks	President	1	Officer Director	$0	$0	$0
Eduards Petrovskis	Chair	1	Officer Director	$0	$0	$0
Andrei Junge	Director	1	Director	$0	$0	$0
Guntis Lauzums	Director	1	Director	$0	$0	$0
Evija Haydin	Director	1	Director	$0	$0	$0
Inta Huber	Director	1	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
2025	$145,985	$144,987	$3,082,879	$998
2024	No data	No data	No data	No data
2023	$138,967	$136,187	$2,932,398	$2,780
2022	$90,732	$88,296	$3,189,073	$2,436
2021	$86,648	$84,094	$3,074,939	$2,554
2020	$100,625	$96,496	$3,065,181	$4,129
2019	$107,628	$106,866	$3,138,456	$762
2018	$105,505	$103,374	$2,763,333	$2,131

Wisconsin Latvian Credit Union