CNIC Employees Credit Union (EIN 620246190) - 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

1932

Legal Domicile

Principal Officer

Sandra Griffis

Phone

9013322686

Tax Period

2024-01-01 to 2024-12-31

CNIC Employees Credit Union, founded in 1932, is a small nonprofit that reported $816K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

Credit Union - To provide financial services to 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $653,387

Investment Income $132,407

Other Revenue $29,858

TOTAL REVENUE $815,652

Expense Breakdown

Grants Paid $0

Salaries & Benefits $244,755

Fundraising Expenses $0

Other Expenses $595,808

TOTAL EXPENSES $840,563

Year-over-Year Comparison

	2024	2023	Change
Revenue	$815,652	$716,605	+0.1%
Expenses	$840,563	$695,753	+0.2%
Net Income	$-24,911	$20,852	-2.2%

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

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

$94,927

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Norman Jamison	Board Member	0.00	Director	$0	$0	$0
Brandon Lackland	Board Member	0.00	Director	$0	$0	$0
Kelly Pearson	Board Member	0.00	Director	$0	$0	$0
Mark Coleman	Secretary-Treasurer	0.00	Director	$0	$0	$0
Randall K Browning	Board Vice-President	0.00	Director	$0	$0	$0
James Taylor	Board Member	0.00	Director	$0	$0	$0
Jason Grissom	Board President	0.00	Director	$0	$0	$0
Sandra Griffis	CEO/Manager	40.00	Officer	$91,800	$3,127	$94,927

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	$815,652	$840,563	$9,900,422	$-24,911
2023	$716,605	$695,753	$9,703,870	$20,852
2022	$591,435	$531,589	$9,553,541	$59,846
2021	$568,571	$524,033	$8,656,526	$44,538
2020	$541,436	$624,923	$8,491,180	$-83,487
2019	$554,270	$587,878	$7,922,117	$-33,608
2018	$540,790	$469,801	$7,913,419	$70,989

CNIC Employees Credit Union