MORRISON EMPLOYEES CREDIT UNION (EIN 420776909) - 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

1953

Legal Domicile

Principal Officer

SANDY PARKER

Phone

5635563863

Tax Period

2023-01-01 to 2023-12-31

MORRISON EMPLOYEES CREDIT UNION, founded in 1953, is a micro nonprofit that reported $37K in total revenue in fiscal year 2023. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $8K, a strong 23% operating margin.

Mission

CREDIT UNION A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST

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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 $0

Program Service Revenue $5,262

Investment Income $31,487

Other Revenue $0

TOTAL REVENUE $36,749

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,000

Fundraising Expenses $0

Other Expenses $19,422

TOTAL EXPENSES $28,422

Year-over-Year Comparison

	2023	2022	Change
Revenue	$36,749	$24,488	+0.5%
Expenses	$28,422	$24,394	+0.2%
Net Income	$8,327	$94	+87.6%

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

162

Independent Members

162

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDNA LINDSAY	CHAIRMAN	020.00	Officer Director	$0	$0	$0
LORI RIEGLER	VICE CHAIRMAN	007.00	Officer Director	$0	$0	$0
SANDY PARKER	TREASURER	007.00	Officer Director	$0	$0	$0
THOMAS JARRAD	SECRETARY	007.00	Officer Director	$0	$0	$0
CRAIG RIEGLER	OFFICER	002.00	Officer Director	$0	$0	$0
PAUL GREGORY	OFFICER	002.00	Officer Director	$0	$0	$0
EDNA LINDSAY	OFFICER	002.00	Officer 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
2023	$36,749	$28,422	No data	$8,327
2022	$24,488	$24,394	$1,868,618	$94
2021	$30,213	$21,386	$1,827,838	$8,827
2020	$42,550	$41,973	$1,819,862	$577
2019	$46,363	$40,736	$1,790,613	$5,627
2018	$33,624	$30,168	$1,802,191	$3,456

MORRISON EMPLOYEES CREDIT UNION