SHARE ADVANTAGE CREDIT UNION (EIN 410226110) - 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

1926

Legal Domicile

Principal Officer

KELLEE LUECK-SCHAFER

Phone

2187225931

Tax Period

2024-01-01 to 2024-12-31

SHARE ADVANTAGE CREDIT UNION, founded in 1926, is a community nonprofit that reported $2.9M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $692K, a strong 24% operating margin.

Mission

CREDIT UNION SECTION 501(C)(14), TO SERVE THE MEMBERS FINANCIAL NEEDS, TODAY, TOMORROW AND IN THE FUTURE.

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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 $2,294,122

Investment Income $621,723

Other Revenue $1,359

TOTAL REVENUE $2,917,204

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,001,738

Fundraising Expenses $0

Other Expenses $997,949

TOTAL EXPENSES $2,224,857

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,917,204	$2,595,415	+0.1%
Expenses	$2,224,857	$2,018,150	+0.1%
Net Income	$692,347	$577,265	+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

N/A

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

$237,753

Total Directors

$4,125

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN M RUCE	CHAIR	1.00	Officer Director	$900	$0	$900
MIKE MARTURANO	VICE CHAIR	1.00	Director	$675	$0	$675
FLORANNE NYQUIST	SECRETARY	1.00	Director	$600	$0	$600
KENT LARSON	DIRECTOR	1.00	Director	$750	$0	$750
RICHARD ERLANDER	DIRECTOR	1.00	Director	$0	$0	$0
MARC PETERSON	DIRECTOR	1.00	Director	$675	$0	$675
RUTH MARTIN	DIRECTOR	1.00	Director	$525	$0	$525
KELLEE LUECK-SCHAFER	CEO/PRESIDEN	40.00	Officer	$187,418	$49,435	$236,853

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	$2,917,204	$2,224,857	$56,395,773	$692,347
2023	$2,595,415	$2,018,150	$54,824,075	$577,265
2022	$2,225,807	$1,761,353	$61,488,258	$464,454
2021	$2,126,929	$1,761,567	$59,665,207	$365,362
2020	$2,090,081	$1,847,228	$55,210,780	$242,853
2019	$2,054,850	$1,756,791	$47,937,620	$298,059
2018	$1,799,703	$1,596,869	$44,208,383	$202,834

SHARE ADVANTAGE CREDIT UNION