WORLD COUNCIL OF CREDIT UNIONS INC (EIN 391143339) - 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

1970

Legal Domicile

Principal Officer

ELISSA MCCARTER LABORDE

Phone

6083952000

Tax Period

2023-01-01 to 2023-12-31

WORLD COUNCIL OF CREDIT UNIONS INC, founded in 1970, is a mid-sized nonprofit that reported $14.6M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $14.1M left a modest 3% surplus.

Mission

TO EXPAND FINANCIAL INCLUSION WORLDWIDE THROUGH A VIBRANT AND GROWING GLOBAL CREDIT UNION MOVEMENT.

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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 $7,940,903

Program Service Revenue $6,588,335

Investment Income $94,137

Other Revenue $0

TOTAL REVENUE $14,623,375

Expense Breakdown

Grants Paid $472,401

Salaries & Benefits $6,886,306

Fundraising Expenses $0

Other Expenses $6,764,202

TOTAL EXPENSES $14,122,909

Year-over-Year Comparison

	2023	2022	Change
Revenue	$14,623,375	$16,081,976	-0.1%
Expenses	$14,122,909	$14,669,103	0.0%
Net Income	$500,466	$1,412,873	-0.6%

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

$999,971

Total Directors

Key Employees

$479,154

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DALLAS BERGL	TREASURER	1.00	Officer Director	$0	$0	$0
DIANA DYKSTRA	CHAIR	1.00	Officer Director	$0	$0	$0
ERIN MENDEZ	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE OTOTO	DIRECTOR	1.00	Director	$0	$0	$0
GRACE BADILLA LOPEZ	DIRECTOR	1.00	Director	$0	$0	$0
HELENE MCMANUS	DIRECTOR	1.00	Director	$0	$0	$0
JEFF GUTHRIE	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH REMY	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH THOMAS	US ADVOCACY AD HOC COMMITT	1.00	Director	$0	$0	$0
LINDA BOWYER	DIRECTOR	1.00	Director	$0	$0	$0
MANFRED ALFONSO DASENBROCK	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL LAWRENCE	VICE CHAIR/SECRETARY	1.00	Officer Director	$0	$0	$0
RAFAL MATUSIAK	DIRECTOR	1.00	Director	$0	$0	$0
YOUNSIK KIM	DIRECTOR	1.00	Director	$0	$0	$0
ELISSA MCCARTER LABORDE	CEO	40.00	Officer	$475,646	$68,367	$544,013
PAUL TREINEN	EXECUTIVE VP	40.00	Officer	$167,469	$32,978	$200,447
UKEME FALADE	CFO	40.00	Officer	$232,221	$23,290	$255,511
ANDREW PRICE	GENERAL COUNSEL/VP OF ADVOCACY	40.00	Key Emp	$208,575	$50,466	$259,041
ANGELINA TRACY	VP OF STRATEGIC GROWTH/PARTNERSHIPS	40.00	Key Emp	$174,615	$45,498	$220,113
EWA SIERZYNSKA	CHIEF OF PARTY	40.00	Highest	$137,905	$35,553	$173,458
MELISSA VARNADO	HEAD OF OPERATIONS/COMPLIANCE	40.00	Highest	$134,311	$13,505	$147,816
MICHAEL REUTER	PRESIDENT WORLDWIDE FOUNDATION	40.00	Highest	$135,893	$12,046	$147,939
OSCAR GUZMAN	CHIEF OF PARTY	40.00	Highest	$224,075	$22,435	$246,510
PANYA MONFORD	ASST GENERAL COUNSEL OF ADVOCACY	40.00	Highest	$151,751	$16,007	$167,758

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	$14,623,375	$14,122,909	$6,896,519	$500,466
2022	$16,081,976	$14,669,103	$6,129,835	$1,412,873
2021	$12,974,167	$11,234,507	$4,821,097	$1,739,660
2020	$9,938,429	$8,966,242	$4,798,810	$972,187
2019	$11,576,897	$11,118,351	$4,276,415	$458,546
2018	$10,264,860	$9,695,483	$3,795,109	$569,377

WORLD COUNCIL OF CREDIT UNIONS INC