INFUZE CREDIT UNION (EIN 430707914) - 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

1954

Legal Domicile

Principal Officer

MICHAEL SMITH

Phone

5733293151

Tax Period

2024-01-01 to 2024-12-31

INFUZE CREDIT UNION, founded in 1954, is a mid-sized nonprofit that reported $30.9M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.9M, a strong 19% operating margin.

Mission

TO BUILD STRONG FINANCIAL LIVES TOGETHER THROUGH EDUCATION, INNOVATION, MEMBER SERVICE, AND COMMUNITY INVOLVEMENT.

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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 $28,810,358

Investment Income $1,577,070

Other Revenue $499,302

TOTAL REVENUE $30,886,730

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $7,954,529

Fundraising Expenses $0

Other Expenses $16,993,540

TOTAL EXPENSES $24,958,069

Year-over-Year Comparison

	2024	2023	Change
Revenue	$30,886,730	$25,037,378	+0.2%
Expenses	$24,958,069	$20,436,861	+0.2%
Net Income	$5,928,661	$4,600,517	+0.3%

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

152

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

$1,283,818

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANICE HARTINGER	CHAIRPERSON	1.00	Director	$0	$0	$0
DERINDA DERR	VICE CHAIRPERSON	1.00	Director	$0	$0	$0
GREGORY ADANK	TREASURER	1.00	Director	$0	$0	$0
PAMELA WELCH	SECRETARY	1.00	Director	$0	$0	$0
PAULA DYE	BOARD MEMBER	1.00	Director	$0	$0	$0
ROSALIND PRIDE	BOARD MEMBER	1.00	Director	$0	$0	$0
TAMMY NEWELL	BOARD MEMBER	1.00	Director	$0	$0	$0
JIM CHENEY	BOARD MEMBER	1.00	Director	$0	$0	$0
ADAM SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL SMITH	PRESIDENT/CEO	40.00	Officer	$329,632	$36,687	$366,319
STEVE BOYLAN	CHIEF LENDING OFFICER	40.00	Officer	$45,845	$3,741	$49,586
TRACEY SMITH	EXECUTIVE VICE PRESIDENT/C	40.00	Officer	$198,679	$23,649	$222,328
BRYAN GENTLE	CHIEF INFORMATION OFFICER	40.00	Officer	$166,984	$9,216	$176,200
REBECCA RENAUD	CHIEF HUMAN RESOURCES OFFI	40.00	Officer	$156,248	$27,712	$183,960
JEFFREY BRADLEY	CHIEF FINANCIAL OFFICER	40.00	Officer	$192,647	$17,397	$210,044
BRADLEY ROAM	CHIEF LENDING OFFICER	40.00	Officer	$75,000	$381	$75,381
SAMANTHA JEFFERS	VICE PRESIDENT-IT	40.00	Highest	$122,989	$6,235	$129,224
DALE TRANTHAM	FULL STACK DEVELOPER	40.00	Highest	$115,358	$6,235	$121,593

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	$30,886,730	$24,958,069	$385,545,638	$5,928,661
2023	$25,037,378	$20,436,861	$353,622,637	$4,600,517
2022	$19,866,849	$15,778,091	$325,778,309	$4,088,758
2021	$16,572,504	$13,759,843	$305,813,117	$2,812,661
2020	$14,544,435	$13,447,781	$272,103,258	$1,096,654
2020	$14,544,435	$13,447,781	$272,103,258	$1,096,654
2019	$13,593,097	$12,943,714	$244,986,568	$649,383
2018	$11,230,331	$10,743,774	$225,654,215	$486,557

INFUZE CREDIT UNION