ALABAMA CREDIT UNION FOUNDATION INC (EIN 455638180) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

STEVE SWOFFORD

Phone

2054695760

Tax Period

2023-01-01 to 2023-12-31

ALABAMA CREDIT UNION FOUNDATION INC, founded in 2012, is a small nonprofit in the Human Services sector that reported $357K in total revenue in fiscal year 2018. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $55K, a strong 16% operating margin.

Mission

TO STRENGTHEN AND IMPROVE THE QUALITY OF LIFE IN THE COMMUNITY

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $540,280

Program Service Revenue $0

Investment Income $1,824

Other Revenue $2,122

TOTAL REVENUE $544,226

Expense Breakdown

Grants Paid $302,690

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $302,690

Other Expenses $0

TOTAL EXPENSES $302,690

Year-over-Year Comparison

	2023	2022	Change
Revenue	$544,226	$413,492	+0.3%
Expenses	$302,690	$210,033	+0.4%
Net Income	$241,536	$203,459	+0.2%

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

200

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
STEVE SWOFFORD	PRESIDENT	1.00	Officer Director	$0	$0	$0
SUSAN DARIA	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
KELLEY PORTER	TREASURER	1.00	Officer Director	$0	$0	$0
SARA H CROCKER	DIRECTOR	1.00	Director	$0	$0	$0
KIM RILEY	DIRECTOR	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	$544,226	$302,690	$885,029	$241,536
2022	$413,492	$210,033	$643,493	$203,459
2021	$342,712	$249,717	$440,034	$92,995
2020	$238,041	$270,027	$347,039	$-31,986
2019	$352,535	$234,990	$379,025	$117,545
2018	$356,642	$301,248	$261,480	$55,394

ALABAMA CREDIT UNION FOUNDATION INC