FLASHER COMMUNITY CREDIT UNION (EIN 450135235) - 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

1939

Legal Domicile

Phone

7012550042

Tax Period

2024-01-01 to 2024-12-31

FLASHER COMMUNITY CREDIT UNION, founded in 1939, is a small nonprofit that reported $157K in total revenue in fiscal year 2024. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $187K exceeded revenue, resulting in a 19% operating deficit.

Mission

LENDING AND SAVINGS FOR OUR MEMBERS

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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 $117,054

Investment Income $39,563

Other Revenue $468

TOTAL REVENUE $157,085

Expense Breakdown

Grants Paid $0

Salaries & Benefits $35,628

Fundraising Expenses $0

Program Expenses $187,480

Other Expenses $151,852

TOTAL EXPENSES $187,480

Year-over-Year Comparison

	2024	2023	Change
Revenue	$157,085	$668,342	-0.8%
Expenses	$187,480	$638,417	-0.7%
Net Income	$-30,395	$29,925	-2.0%

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

N/A

Independent Members

N/A

Employees

N/A

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

Total Directors

$5,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELWOOD BARTH	DIRECTOR	1.00	Director	$1,500	$0	$1,500
JACKLYNE CARLSON	DIRECTOR	1.00	Director	$1,000	$0	$1,000
JERLYN GABRIELSON	DIRECTOR	1.00	Director	$1,500	$0	$1,500
VICKI KRENZ	DIRECTOR	1.00	Director	$1,000	$0	$1,000
KELLY HETZEL	DIRECTOR	1.00	Director	$500	$0	$500

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	$157,085	$187,480	No data	$-30,395
2023	$668,342	$638,417	$13,366,878	$29,925
2022	$536,542	$476,813	$15,639,017	$59,729
2021	$475,791	$416,141	$14,653,423	$59,650
2020	$443,862	$423,644	$11,901,113	$20,218
2019	$469,425	$428,812	$11,025,053	$40,613
2018	$475,261	$412,082	$10,363,954	$63,179

FLASHER COMMUNITY CREDIT UNION