STATE CHARTERED CREDIT UNIONS IN FLORIDA Jacksonville Postal & Professional Credit Union (EIN 590306510) - 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

1929

Legal Domicile

Phone

9047432555

Tax Period

2021-01-01 to 2021-12-31

STATE CHARTERED CREDIT UNIONS IN FLORIDA Jacksonville Postal & Professional Credit Union, founded in 1929, is a small nonprofit that reported $937K in total revenue in fiscal year 2021. Revenue fell 21% from the prior year — a significant decline worth monitoring. Net assets of $8.4M represent 107 months of operating reserves.

Mission

To provide the highest level of financial services in a friendly and professional manner and encourage thrift savings with the wise use of credit while increasing the knowledge and ability of our members to manage and control their financial well being.

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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 $936,635

Investment Income $0

Other Revenue $0

TOTAL REVENUE $936,635

Expense Breakdown

Grants Paid $0

Salaries & Benefits $397,670

Fundraising Expenses $0

Program Expenses $984,348

Other Expenses $586,678

TOTAL EXPENSES $984,348

Year-over-Year Comparison

	2021	2020	Change
Revenue	$936,635	$1,191,018	-0.2%
Expenses	$984,348	$1,140,774	-0.1%
Net Income	$-47,713	$50,244	-1.9%

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

Total Directors

Key Employees

$88,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Alma Threadcraft	President	50	Key Emp Highest	$88,000	$0	$88,000
Kirk Gillum	Director	0	Director	$0	$0	$0
Dan Griffin	Secretary	0	Director	$0	$0	$0
Scott Carter	Chairman of the board	0	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
2021	$936,635	$984,348	$45,104,325	$-47,713
2020	$1,191,018	$1,140,774	$43,144,455	$50,244
2018	$1,444,148	$1,288,395	$40,436,172	$155,753

STATE CHARTERED CREDIT UNIONS IN FLORIDA Jacksonville Postal & Professional Credit Union