STATE CHARTERED CREDIT UNIONS IN FLORIDA (EIN 593204467) - 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

1960

Legal Domicile

Phone

4074726899

Tax Period

2022-01-01 to 2022-02-01

STATE CHARTERED CREDIT UNIONS IN FLORIDA, founded in 1960, is a micro nonprofit that reported $78K in total revenue in fiscal year 2022. Revenue fell 93% from the prior year — a significant decline worth monitoring.

Mission

To provide financial education for members of the

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $42,194

Investment Income $12,430

Other Revenue $23,868

TOTAL REVENUE $78,492

Expense Breakdown

Grants Paid $0

Salaries & Benefits $33,276

Fundraising Expenses $0

Program Expenses $0

Other Expenses $48,470

TOTAL EXPENSES $81,746

Year-over-Year Comparison

	2022	2021	Change
Revenue	$78,492	$1,084,018	-0.9%
Expenses	$81,746	$2,633,379	-1.0%
Net Income	$-3,254	$-1,549,361	-1.0%

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

$4,132

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gary Teramae	President	40.00		$7,190	$0	$7,190
Iry Santiago	Vice President	40.00	Officer	$4,132	$0	$4,132
Patty Daoust	Chairman	0.00	Director	$0	$0	$0
Les Goff	Treasurer	0.00	Director	$0	$0	$0
Paul Daigle	Vice Chair	0.00	Director	$0	$0	$0
Mike Sutter	Secretary	0.00	Director	$0	$0	$0
Jason Abbott	Director	0.00	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
2022	$78,492	$81,746	No data	$-3,254
2021	$1,084,018	$1,070,386	$37,338,630	$13,632
2020	$1,331,163	$1,242,182	$34,942,736	$88,981
2019	$1,500,785	$1,358,361	$29,111,849	$142,424
2018	$1,556,277	$1,355,089	$29,935,786	$201,188

STATE CHARTERED CREDIT UNIONS IN FLORIDA