MYGEORGIA CREDIT UNION (EIN 581232957) - 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

JOE FOSTER

Phone

7705344255

Tax Period

2025-01-01 to 2025-12-31

MYGEORGIA CREDIT UNION, founded in 1971, is a mid-sized nonprofit that reported $16.9M in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.8M, a strong 17% operating margin.

Mission

CREDIT UNION - TO PROVIDE FINANCIAL SERVICES FOR ITS MEMBERS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $13,283,982

Investment Income $2,969,676

Other Revenue $686,700

TOTAL REVENUE $16,940,358

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,853,317

Fundraising Expenses $0

Program Expenses $14,129,745

Other Expenses $9,276,428

TOTAL EXPENSES $14,129,745

Year-over-Year Comparison

	2025	2024	Change
Revenue	$16,940,358	$15,003,309	+0.1%
Expenses	$14,129,745	$12,208,649	+0.2%
Net Income	$2,810,613	$2,794,660	+0.0%

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

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

$1,164,268

Total Directors

$571,323

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE FOSTER	PRESIDENT/TR	40.00	Officer Director	$252,136	$319,187	$571,323
LORIE MCGOVERN	EVP	40.00	Officer	$168,317	$143,053	$311,370
DAVID DANIEL	SRVP	40.00	Officer	$121,623	$26,337	$147,960
JESSI ROTHELL	SRVP	40.00	Officer	$121,609	$12,006	$133,615
BRIAN BATSON	BOARD MEM- A	1.00	Director	$0	$0	$0
DIANNE GADDY	BOARD SECRET	1.00	Director	$0	$0	$0
LAMAR GAILEY	BOARD CHAIRM	1.00	Director	$0	$0	$0
RAVONNE GREEN	BOD MEM/AUD	1.00	Officer Director	$0	$0	$0
DUSTIN HULSEY	BOARD MEMBER	1.00	Director	$0	$0	$0
GLENN JONES	BOARD MEMBER	1.00	Director	$0	$0	$0
GARRY MCGLAUN	BOARD MEMBER	1.00	Director	$0	$0	$0
LINDA NICHOLSON	BOARD VICE C	1.00	Director	$0	$0	$0
BOBBY WHITLOCK	BOARD MEMBER	1.00	Director	$0	$0	$0
JEROME YARBROUGH	BOARD MEMBER	1.00	Director	$0	$0	$0
JEAN FAIN	AUDIT COM ME	1.00	Officer	$0	$0	$0
SHERRY HUTCHISON	AUDIT COM ME	1.00	Officer	$0	$0	$0
WILLIE JOHNSON	AUDIT COM ME	1.00	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
2025	$16,940,358	$14,129,745	$243,372,251	$2,810,613
2024	No data	No data	No data	No data
2023	$13,588,268	$9,796,563	$208,508,556	$3,791,705
2022	$10,094,883	$7,465,282	$216,783,084	$2,629,601
2021	$7,452,149	$6,363,188	$203,116,911	$1,088,961
2020	$6,645,965	$6,110,173	$145,514,683	$535,792

MYGEORGIA CREDIT UNION