SUMTER CITY CREDIT UNION (EIN 570694092) - Form 990 Financial Analysis & Trantor Score

🔒

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

1964

Legal Domicile

Principal Officer

KELLY CARTER

Phone

8037741641

Tax Period

2021-01-01 to 2021-12-31

SUMTER CITY CREDIT UNION, founded in 1964, is a micro nonprofit that reported $92K in total revenue in fiscal year 2021. Revenue decreased 10% compared to the prior year. Expenses of $85K left a modest 7% surplus.

Mission

STATE CHARTERED CREDIT UNION

🔒

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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $86,263

Investment Income $1,283

Other Revenue $3,996

TOTAL REVENUE $91,542

Expense Breakdown

Grants Paid $0

Salaries & Benefits $55,126

Fundraising Expenses $0

Program Expenses $79,349

Other Expenses $29,737

TOTAL EXPENSES $84,863

Year-over-Year Comparison

	2021	2020	Change
Revenue	$91,542	$101,624	-0.1%
Expenses	$84,863	$99,645	-0.1%
Net Income	$6,679	$1,979	+2.4%

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
ROBERT GALLOWAY	PRESIDENT	N/A	Director	$0	$0	$0
BARRY ODOM	VICE PRESIDE	N/A	Director	$0	$0	$0
HOWARD OWENS	BOARD MEMBER	N/A	Director	$0	$0	$0
CANDI QUIROZ	TREAS/SECRET	N/A	Director	$0	$0	$0
CAROLINA RICHARDSON	BOARD MEMBER	N/A	Director	$0	$0	$0
KELLY CARTER	CFO	40.00	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
2021	$91,542	$84,863	$2,719,088	$6,679
2020	$101,624	$99,645	$2,552,161	$1,979
2019	$109,288	$109,484	$2,465,057	$-196
2018	$92,695	$109,409	$2,959,426	$-16,714

SUMTER CITY CREDIT UNION