BLUE FEDERAL CREDIT UNION FOUNDATION (EIN 454039863) - 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

2011

Legal Domicile

Principal Officer

KIM ALEXANDER

Phone

3074325410

Tax Period

2024-01-01 to 2024-12-31

BLUE FEDERAL CREDIT UNION FOUNDATION, founded in 2011, is a small nonprofit in the Human Services sector that reported $532K in total revenue in fiscal year 2024. Revenue surged 80% from the prior year, signaling strong growth momentum. The organization ran a surplus of $210K, a strong 39% operating margin.

Mission

TO ASSIST THE COMMUNITIES IN WHICH BLUE FEDERAL CREDIT UNION DOES BUSINESS

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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 $467,461

Program Service Revenue $0

Investment Income $14,203

Other Revenue $50,531

TOTAL REVENUE $532,195

Expense Breakdown

Grants Paid $166,064

Salaries & Benefits $130,664

Fundraising Expenses $0

Program Expenses $322,572

Other Expenses $25,844

TOTAL EXPENSES $322,572

Year-over-Year Comparison

	2024	2023	Change
Revenue	$532,195	$295,094	+0.8%
Expenses	$322,572	$217,636	+0.5%
Net Income	$209,623	$77,458	+1.7%

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

N/A

Volunteers

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM WOOD	PRESIDENT	2.00	Officer Director	$0	$0	$0
MICHELE BOLKOVATZ	VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
KIM ALEXANDER	TREASURER	2.00	Director	$0	$0	$0
MARGO LAHIFF	SECRETARY	2.00	Officer Director	$0	$0	$0
STEPHANIE PROPPS	BOARD MEMBER	2.00	Director	$0	$0	$0
ALAN KORTH	BOARD MEMBER	2.00	Director	$0	$0	$0
BENJAMIN ROWLAND	BOARD MEMBER	2.00	Director	$0	$0	$0
JON TAYLOR	BOARD MEMBER	2.00	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	$532,195	$322,572	$589,605	$209,623
2023	$295,094	$217,636	$379,177	$77,458
2022	$343,645	$300,564	$298,643	$43,081
2021	$277,287	$73,778	$258,147	$203,509
2020	$193,653	$247,792	$54,638	$-54,139
2019	$151,827	$82,400	$108,777	$69,427
2018	$220,083	$194,163	$39,350	$25,920

BLUE FEDERAL CREDIT UNION FOUNDATION