AE GOETZE EMPLOYEES CREDIT UNION (EIN 410858832) - 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

Phone

6513455210

Tax Period

2021-01-01 to 2021-07-31

AE GOETZE EMPLOYEES CREDIT UNION, founded in 1962, is a micro nonprofit that reported $93K in total revenue in fiscal year 2021. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $149K exceeded revenue, resulting in a 59% operating deficit.

Mission

AE Goetze Employees Credit Union in Lake City, Minnesota provides loans to its members at affordable rates. We offer investments to our members in the form of savings accounts, certificates of deposit and simple IRA accounts.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $86,377

Investment Income $6,894

Other Revenue $0

TOTAL REVENUE $93,271

Expense Breakdown

Grants Paid $0

Salaries & Benefits $94,028

Fundraising Expenses $0

Program Expenses $0

Other Expenses $45,486

TOTAL EXPENSES $148,678

Year-over-Year Comparison

	2021	2020	Change
Revenue	$93,271	$210,227	-0.6%
Expenses	$148,678	$241,864	-0.4%
Net Income	$-55,407	$-31,637	+0.8%

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

$43,239

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Rutz	CEO/Manager	40	Officer	$43,239	$0	$43,239
John Fuchs	Director	0.5	Director	$0	$0	$0
Monte Hurlburt	Director	0.5	Director	$0	$0	$0
Frank Schneider	Director	0.5	Director	$0	$0	$0
Troy Adams	Director	0.5	Director	$0	$0	$0
Rebecca Klees	Director	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
2021	$93,271	$148,678	No data	$-55,407
2020	$210,227	$241,864	$4,813,782	$-31,637

AE GOETZE EMPLOYEES CREDIT UNION