NATIONAL CREDIT UNION COLLECTIONS … - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

ART SOOKAZIAN

Phone

8187492831

Tax Period

2023-01-01 to 2023-12-31

NATIONAL CREDIT UNION COLLECTIONS ALLIANCE, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $358K in total revenue in fiscal year 2023. Revenue surged 76% from the prior year, signaling strong growth momentum. Expenses of $326K left a modest 9% surplus.

Mission

ORGANIZE AN ANNUAL CONFERENCE FOR MEMBERS. THE CONFERENCE PROVIDES EDUCATIONAL SESSIONS AND UPDATES IN INDUSTRY.

Program Service Accomplishments

Program 1

HOLD ANNUAL CONFERENCE MEETINGS TO PROVIDE MEMBER NETWORKS OPPORTUNITY, UPDATGE CHANGES IN INDUSTRY AND MAKE EDUCATIONAL SESSIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $358,198

Program Service Revenue $0

Investment Income $30

Other Revenue $0

TOTAL REVENUE $358,228

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $325,765

TOTAL EXPENSES $325,765

Year-over-Year Comparison

	2023	2022	Change
Revenue	$358,228	$203,899	+0.8%
Expenses	$325,765	$211,412	+0.5%
Net Income	$32,463	$-7,513	-5.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
BENJAMIN LOPEZ	TREASURER	N/A	Officer	$0	$0	$0
CAROLYN RIVERA	SECRETARY	N/A	Officer	$0	$0	$0
ART SOOKAZIAN	CEO	N/A	Officer	$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	$358,228	$325,765	$38,568	$32,463
2022	$203,899	$211,412	$6,105	$-7,513
2021	$205,675	$253,708	$13,618	$-48,033
2020	$83,483	$198,422	$61,651	$-114,939
2019	$256,681	$199,156	$176,590	$57,525
2018	$267,398	$176,953	$119,065	$90,445

NATIONAL CREDIT UNION COLLECTIONS ALLIANCE