FLOWERS EMPLOYEES CREDIT LEAGUE (EIN 581185704) - 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

1971

Legal Domicile

Principal Officer

JACK SINGLETARY

Phone

2292286860

Tax Period

2021-01-01 to 2021-12-31

FLOWERS EMPLOYEES CREDIT LEAGUE, founded in 1971, is a small nonprofit that reported $832K in total revenue in fiscal year 2021. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $989K exceeded revenue, resulting in a 19% operating deficit.

Mission

TO PROMOTE THRIFT AMONG MEMBERS, AFFORDING THEM THE EASY "PAYROLL DEDUCTION" METHOD OF ACCUMULATING SAVINGS AND PROVIDING A SOURCE OF BORROWING FOR PRODUCTIVE PURPOSES AT REASONABLE INTEREST RATES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $728,445

Investment Income $103,575

Other Revenue $0

TOTAL REVENUE $832,020

Expense Breakdown

Grants Paid $0

Salaries & Benefits $435,426

Fundraising Expenses $0

Program Expenses $988,505

Other Expenses $553,079

TOTAL EXPENSES $988,505

Year-over-Year Comparison

	2021	2020	Change
Revenue	$832,020	$1,172,551	-0.3%
Expenses	$988,505	$1,205,601	-0.2%
Net Income	$-156,485	$-33,050	+3.7%

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

N/A

Employees

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

$87,598

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN STONE	CHAIRMAN	1.00	Officer Director	$0	$0	$0
BONNIE HARRISON	BOARD MEMBER	1.00	Director	$0	$0	$0
KENT BAGGETT	BOARD MEMBER	1.00	Director	$0	$0	$0
LINDA JONES	AUDIT COMMITTEE CHAIRMAN	1.00	Director	$0	$0	$0
RICK YESTRUMSKY	BOARD MEMBER	1.00	Director	$0	$0	$0
SHERRY HARPER	BOARD MEMBER	1.00	Director	$0	$0	$0
JERRY HANCOCK JR	VICE-CHAIRMAN	1.00	Officer Director	$0	$0	$0
ALYSSA HAMIL	BOARD MEMBER	1.00	Director	$0	$0	$0
SAMUEL C JOHNSON	SECRETARY	1.00	Officer Director	$0	$0	$0
JACK SINGLETARY	PRESIDENT	45.00	Officer	$87,598	$0	$87,598

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	$832,020	$988,505	No data	$-156,485
2019	$1,455,369	$1,387,842	$22,887,820	$67,527
2018	$1,493,502	$1,383,605	$23,577,528	$109,897

FLOWERS EMPLOYEES CREDIT LEAGUE