CATHOLIC FAMILY CREDIT UNION (EIN 440662742) - 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

1957

Legal Domicile

Principal Officer

Mark Heineman

Phone

8164447440

Tax Period

2023-01-01 to 2023-12-31

CATHOLIC FAMILY CREDIT UNION, founded in 1957, is a small nonprofit that reported $759K in total revenue in fiscal year 2023. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $675K left a modest 11% surplus.

Mission

TO PROMOTE THRIFT AND PROVIDE AFFORDABLE ACCESS TO CREDIT FOR PROVIDENT AND PRODUCTIVE PURPOSES WHILE PROVIDING QUALITY FINANCIAL SERVICES TO OUR CATHOLIC COMMUNITIES

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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 $480,884

Investment Income $278,214

Other Revenue $0

TOTAL REVENUE $759,098

Expense Breakdown

Grants Paid $0

Salaries & Benefits $256,126

Fundraising Expenses $0

Program Expenses $675,203

Other Expenses $419,078

TOTAL EXPENSES $675,204

Year-over-Year Comparison

	2023	2022	Change
Revenue	$759,098	$505,930	+0.5%
Expenses	$675,204	$449,819	+0.5%
Net Income	$83,894	$56,111	+0.5%

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

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

$78,698

Total Directors

$78,698

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK HEINEMAN	PRESIDENT	40	Officer Director	$78,698	$0	$78,698
DAVID BLICKHAN	BOARD VICE PRESIDENT	1	Director	$0	$0	$0
DEB HALL	BOARD TREASURER	1	Director	$0	$0	$0
KIRK WALTERS	BOARD SECRETARY	1	Director	$0	$0	$0
SHAWN KIEFFER	BOARD CHAIRMAN	1	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$759,098	$675,204	$16,421,360	$83,894
2022	$505,930	$449,819	$17,395,129	$56,111
2021	$438,107	$455,923	$17,275,042	$-17,816
2020	$491,622	$460,130	$15,550,230	$31,492

CATHOLIC FAMILY CREDIT UNION