JOURNEY CREDIT UNION (EIN 420778025) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1954

Legal Domicile

Principal Officer

RACHEL BALLENGER

Phone

5152438735

Tax Period

2024-01-01 to 2024-12-31

JOURNEY CREDIT UNION, founded in 1954, is a community nonprofit that reported $5.9M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.5M, a strong 25% operating margin.

Mission

THE ORGANIZATION IS A NOT-FOR-PROFIT FINACIAL INSTITUTION AND WILL STRIVE TO BENEFIT ALL MEMBERS BY PROMOTING THRIFT AND SAVINGS AND OFFERING LOANS AT REASONABLE INTEREST RATES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,391,177

Investment Income $1,271,527

Other Revenue $1,242,710

TOTAL REVENUE $5,905,414

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,190,354

Fundraising Expenses $0

Program Expenses $4,425,831

Other Expenses $3,235,477

TOTAL EXPENSES $4,425,831

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,905,414	$5,298,371	+0.1%
Expenses	$4,425,831	$3,854,483	+0.1%
Net Income	$1,479,583	$1,443,888	+0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$429,957

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TED CROW	CHAIRPERSON	0.50	Officer Director	$0	$0	$0
TERRY SMITH	VICE CHAIRPERSON	0.50	Officer Director	$0	$0	$0
KRIS STUBBS	TREASURER	0.50	Officer Director	$0	$0	$0
DOMINIC FILIPPELLI	SECRETARY	0.50	Officer Director	$0	$0	$0
ROBERT DEVINEY	DIRECTOR	0.50	Director	$0	$0	$0
AMBER DARDANES	DIRECTOR	0.50	Director	$0	$0	$0
MICHELLE SMITH	DIRECTOR	0.50	Director	$0	$0	$0
MIKE WADE	DIRECTOR	0.50	Director	$0	$0	$0
JAMIE GREEN	DIRECTOR	0.50	Director	$0	$0	$0
RACHEL BALLENGER	CEO	45.00	Officer	$214,008	$63,351	$277,359
MICHELLE PEACOCK	VP BRANCH OPERATIONS	45.00	Officer	$109,506	$43,092	$152,598

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	$5,905,414	$4,425,831	$88,128,196	$1,479,583
2023	$5,298,371	$3,854,483	$84,063,902	$1,443,888
2022	$4,038,666	$2,802,755	$84,833,011	$1,235,911
2021	$3,298,646	$2,490,125	$79,349,457	$808,521
2020	$3,306,932	$2,846,973	$72,308,976	$459,959
2018	$3,222,855	$2,650,374	$58,940,068	$572,481

JOURNEY CREDIT UNION