ACADEMIC EMPLOYEES CREDIT UNION (EIN 436031443) - 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

1936

Principal Officer

K SKY POINDEXTER

Phone

5734451845

Tax Period

2023-01-01 to 2023-12-31

ACADEMIC EMPLOYEES CREDIT UNION, founded in 1936, is a small nonprofit that reported $654K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $587K left a modest 10% surplus.

Mission

TO PROMOTE THRIFT AMONG ITS MEMBERS, BY AFFORDING THEM AN OPPORTUNITY FOR ACCUMULATING THEIR SAVINGS; TO CREATE A SOURCE OF CREDIT AT FAIR & REASONABLE RATES OF INTEREST; TO PROVIDE THE OPPORTUNITY FOR THE MEMBERS TO USE AND CONTROL THEIR MONEY FOR THEIR MUTUAL BENEFIT; TO EDUCATE MEMBERS IN THE PRUDENT USE OF MONEY & CREDIT; TO OPERATE IN THE SPIRIT OF COOPERATION - NOT FOR PROFIT; TO IMPROVE THE COMMUNITY IN WHICH IT OPERATES, AND TO PROVIDE OTHER FISCAL & FINANCIAL SERVICES.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $433,239

Investment Income $75,022

Other Revenue $145,551

TOTAL REVENUE $653,812

Expense Breakdown

Grants Paid $0

Salaries & Benefits $204,197

Fundraising Expenses $0

Other Expenses $382,829

TOTAL EXPENSES $587,026

Year-over-Year Comparison

	2023	2022	Change
Revenue	$653,812	$541,672	+0.2%
Expenses	$587,026	$515,009	+0.1%
Net Income	$66,786	$26,663	+1.5%

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

N/A

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

$78,796

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
K SKY POINDEXTER	CREDIT UNION	40.00	Officer	$64,907	$13,889	$78,796
CRAIG ADAMS	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIAL AVERY	SECRETARY	1.00	Director	$0	$0	$0
JENNIFER BLACK CONE	TREASURER	1.00	Director	$0	$0	$0
THADDEUS HAMILTON	DIRECTOR	1.00	Director	$0	$0	$0
SANDRA LOGAN	VICE CHAIR	1.00	Director	$0	$0	$0
RUSS SACKREITER	CHAIR	1.00	Director	$0	$0	$0
DEBORAH TUCKER	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN VANDELOECHT	SECRETARY	1.00	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
2024	No data	No data	No data	No data
2023	$653,812	$587,026	$14,339,571	$66,786
2022	$541,672	$515,009	$14,014,709	$26,663
2021	$464,680	$512,958	$13,915,353	$-48,278
2020	$496,190	$481,949	$12,920,048	$14,241
2019	$533,923	$483,970	$10,431,792	$49,953
2018	$532,461	$512,183	$10,462,773	$20,278

ACADEMIC EMPLOYEES CREDIT UNION