MACON FIREMAN'S CREDIT UNION (EIN 580689507) - 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

1942

Legal Domicile

Principal Officer

LINDA HARDWICK

Phone

4787414006

Tax Period

2023-01-01 to 2023-12-31

MACON FIREMAN'S CREDIT UNION, founded in 1942, is a small nonprofit that reported $332K in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $51K, a strong 15% operating margin.

Mission

STATE CHARTERED FINANCIAL INSTITUTION PROVIDING FINANCIAL SERVICES TO VARIOUS MEMBERS INCLUDING LOAN AND DEPOSIT ACCOUNTS FUNCTIONING AS A STATE CHARTERED MEMBER SERVED 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $276,316

Investment Income $34,782

Other Revenue $20,530

TOTAL REVENUE $331,628

Expense Breakdown

Grants Paid $0

Salaries & Benefits $117,484

Fundraising Expenses $0

Other Expenses $163,594

TOTAL EXPENSES $281,078

Year-over-Year Comparison

	2023	2022	Change
Revenue	$331,628	$277,427	+0.2%
Expenses	$281,078	$253,307	+0.1%
Net Income	$50,550	$24,120	+1.1%

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

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

$87,210

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILLY RAY DANIELS	DIRECTOR	1.00	Director	$0	$0	$0
MAURICE D DAVIDSON	DIRECTOR/VICE PRESIDENT	1.00	Director	$0	$0	$0
MICHAEL WILLIAMSON	AUDIT COMMITTEE CHAIRMAN	1.00	Director	$0	$0	$0
GREG BENI	DIRECTOR	1.00	Director	$0	$0	$0
ROBY FULLER	PRESIDENT/CHAIRMAN OF BOARD	1.00	Director	$0	$0	$0
FERRELL CROMER	DIRECTOR	1.00	Director	$0	$0	$0
FERNANDITO LACONICO III	DIRECTOR	1.00	Director	$0	$0	$0
JAMES WINDHOM	SUPERVISORY COMMITTEE	1.00	Director	$0	$0	$0
SHANE EDWARDS	AUDIT COMMITTEE MEMBER	1.00	Director	$0	$0	$0
LISA HOLMES-HUGHES	AUDIT COMMITTEE MEMBER	1.00	Director	$0	$0	$0
WILLIE F WILLIAMS	AUDIT COMMITTEE MEMBER	1.00	Director	$0	$0	$0
LINDA HARWICK	MANAGER	40.00	Officer	$57,460	$0	$57,460
PAT SMITH	ASSISTANT MANAGER	40.00	Officer	$29,750	$0	$29,750
TYRONE GRANT	AUDIT COMMITTEE	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	$331,628	$281,078	$5,021,195	$50,550
2022	$277,427	$253,307	$5,419,779	$24,120
2021	$249,646	$234,945	$5,257,201	$14,701
2020	$279,364	$266,150	$4,776,289	$13,214
2019	$294,082	$276,504	$4,729,380	$17,578

MACON FIREMAN'S CREDIT UNION