KANSAS CITY CREDIT UNION (EIN 440502044) - 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

1940

Legal Domicile

Principal Officer

JUSTIN WOLFE

Phone

8168615700

Tax Period

2024-01-01 to 2024-12-31

KANSAS CITY CREDIT UNION, founded in 1940, is a community nonprofit that reported $3.9M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $5.1M exceeded revenue, resulting in a 32% operating deficit.

Mission

EDUCATE MEMBERS, ADVISE DECISIONS, FINANCE NEEDS, AND INVEST IN COMMUNITY

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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 $3,705,556

Investment Income $144,709

Other Revenue $28,227

TOTAL REVENUE $3,878,492

Expense Breakdown

Grants Paid $0

Salaries & Benefits $933,810

Fundraising Expenses $0

Other Expenses $4,173,994

TOTAL EXPENSES $5,107,804

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,878,492	$4,286,665	-0.1%
Expenses	$5,107,804	$4,232,349	+0.2%
Net Income	$-1,229,312	$54,316	-23.6%

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

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

$248,731

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANICE SMITH	CHAIRPERSON	1.00	Director	$0	$0	$0
DIANA SMITH	VICE CHAIRPERSON	1.00	Director	$0	$0	$0
STEPHANIE BOWMAN	SECRETARY	1.00	Director	$0	$0	$0
CRYSTAL AMMONS	TREASURER	1.00	Director	$0	$0	$0
TRACEY BRYANT	BOARD MEMBER	1.00	Director	$0	$0	$0
WAYNE GODLEWSKI	BOARD MEMBER	1.00	Director	$0	$0	$0
ANTHONY MILLER	BOARD MEMBER	1.00	Director	$0	$0	$0
BRANDON RICHARDSON	INTERIM PRESIDENT/CEO (FORMER)	40.00	Officer	$39,537	$4,089	$43,626
JUSTIN WOLFE	PRESIDENT/CEO	40.00	Officer	$25,388	$2,837	$28,225
BREANNE HILL	COO	40.00	Officer	$85,485	$5,809	$91,294
CHRIS MCCREARY	CFO	40.00	Officer	$85,583	$3	$85,586

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	$3,878,492	$5,107,804	$45,642,533	$-1,229,312
2023	$4,286,665	$4,232,349	$57,957,492	$54,316
2022	$3,993,380	$3,877,381	$61,833,298	$115,999
2021	$3,370,526	$3,134,912	$54,844,486	$235,614
2020	$3,133,907	$3,131,197	$43,889,402	$2,710
2019	$3,256,412	$2,983,327	$36,368,265	$273,085
2018	$2,942,015	$2,741,104	$33,169,023	$200,911

KANSAS CITY CREDIT UNION