SOUTHERN CREDIT UNION (EIN 620365265) - 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

CINDY D BEALE

Phone

4236292578

Tax Period

2025-01-01 to 2025-12-31

SOUTHERN CREDIT UNION, founded in 1932, is a small nonprofit that reported $883K in total revenue in fiscal year 2025. Expenses of $984K exceeded revenue, resulting in a 12% operating deficit.

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 $605,211

Investment Income $263,703

Other Revenue $13,702

TOTAL REVENUE $882,616

Expense Breakdown

Grants Paid $0

Salaries & Benefits $345,882

Fundraising Expenses $0

Program Expenses $984,289

Other Expenses $638,407

TOTAL EXPENSES $984,289

Year-over-Year Comparison

	2025	2024	Change
Revenue	$882,616	$908,776	0.0%
Expenses	$984,289	$1,006,402	0.0%
Net Income	$-101,673	$-97,626	+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

$101,559

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CINDY D BEALE	CEO	40.00	Officer	$77,669	$23,890	$101,559
DANNY E HOLMES	BOD VICE-PRE	1.00	Director	$0	$0	$0
CLIFFORD L LOWRANCE	BOD/SC MEM	1.00	Officer Director	$0	$0	$0
SANDY WALLIS	BOD CO-CH/SC	1.00	Officer Director	$0	$0	$0
STEPHEN L EVANS	BOARD CO-CHA	1.00	Director	$0	$0	$0
JOANIE MURPHEY-COPE	BOD/SEC/TREA	1.00	Officer Director	$0	$0	$0
GREG M O'NEAL	BOARD MEMBER	1.00	Director	$0	$0	$0
SAM HUFF	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN BORN	BOARD MEMBER	1.00	Director	$0	$0	$0
ROB BEASLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
THEODORE JACKSON	SUPERVISORY	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	$882,616	$984,289	$18,681,983	$-101,673
2024	$908,776	$1,006,402	$20,695,982	$-97,626
2023	$452,172	$902,710	$20,960,922	$-450,538
2022	$762,172	$809,766	$22,566,623	$-47,594
2021	$750,608	$744,924	$26,411,955	$5,684
2020	$727,539	$815,803	$22,892,053	$-88,264
2019	$909,309	$884,563	$20,373,992	$24,746
2018	$909,682	$897,582	$21,380,321	$12,100

SOUTHERN CREDIT UNION