MG& E CREDIT UNION (EIN 396052411) - 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

1933

Legal Domicile

Principal Officer

SALLY DISCHLER

Phone

6082827000

Tax Period

2021-01-01 to 2021-08-31

MG& E CREDIT UNION, founded in 1933, is a micro nonprofit that reported $58K in total revenue in fiscal year 2020. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $250K exceeded revenue, resulting in a 330% operating deficit.

Mission

OUR MISSION IS TO PROVIDE PROMPT, COMPETITIVE, QUALITY FINANCIAL SERVICES TO OUR MEMBERS IN A FRIENDLY AND PROFESSIONAL MANNER WHILE MAINTAINING SOUND GROWTH AND FINANCIAL STABILITY.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $56,440

Investment Income $1,771

Other Revenue $0

TOTAL REVENUE $58,211

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,664

Fundraising Expenses $0

Other Expenses $218,643

TOTAL EXPENSES $250,307

Year-over-Year Comparison

	2020	2019	Change
Revenue	$58,211	$120,536	-0.5%
Expenses	$250,307	$116,157	+1.2%
Net Income	$-192,096	$4,379	-44.9%

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

$11,744

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EILEEN HARRISON	PRESIDENT	40.00	Officer	$9,683	$2,061	$11,744
MICHAEL SAVAGE	CHAIR	0.50	Officer Director	$0	$0	$0
CARMEN COATS	VICE CHAIR	0.50	Officer Director	$0	$0	$0
RYAN JOHNSON	TREASURER	0.50	Officer Director	$0	$0	$0
RYAN MINOR	SECRETARY	0.50	Officer Director	$0	$0	$0
COURTNEY WILSON	DIRECTOR	0.50	Director	$0	$0	$0
MERL BANKS	DIRECTOR	0.50	Director	$0	$0	$0
KATHY SKOLASKI	DIRECTOR	0.50	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
2021	$58,211	$250,307	No data	$-192,096
2020	$120,536	$116,157	$3,197,041	$4,379
2019	$137,794	$127,721	$3,088,618	$10,073
2018	$131,833	$120,505	$3,196,560	$11,328

MG& E CREDIT UNION