COLLEGEDALE CREDIT UNION (EIN 620577184) - 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

1952

Legal Domicile

Principal Officer

JOY TRAXLER

Phone

4233962101

Tax Period

2024-01-01 to 2024-12-31

COLLEGEDALE CREDIT UNION, founded in 1952, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2024. Expenses of $1.8M left a modest 12% surplus.

Mission

TO PROVIDE PERSONAL FINANCIAL SERVICES OF A SUPERIOR QUALITY AND BE THE MOST PREFERRED AND TRUSTED FINANCIAL INSTITUTION IN THE COLLEGEDALE/CHATTANOOGA AREA.

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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 $1,536,809

Investment Income $549,518

Other Revenue $9,307

TOTAL REVENUE $2,095,634

Expense Breakdown

Grants Paid $0

Salaries & Benefits $717,808

Fundraising Expenses $0

Other Expenses $1,131,087

TOTAL EXPENSES $1,848,895

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,095,634	$2,038,147	+0.0%
Expenses	$1,848,895	$1,925,891	0.0%
Net Income	$246,739	$112,256	+1.2%

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

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Ruhling	Chairman	0.00	Director	$0	$0	$0
John Beckett	Director	0.00	Director	$0	$0	$0
Olson Perry	Secretary	0.00	Director	$0	$0	$0
Paul Smith	Director	0.00	Director	$0	$0	$0
Debbie Collins	Director	0.00	Director	$0	$0	$0
Gary Edgmon	Director	0.00	Director	$0	$0	$0
Mark Hyder	Treasurer	0.00	Director	$0	$0	$0
Canute Birch	Director	0.00	Director	$0	$0	$0
STEVE MILLER	Director	0.00	Director	$0	$0	$0
Joy Traxler	CEO	40.00	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	No data	No data	No data	No data
2024	$2,095,634	$1,848,895	$41,505,421	$246,739
2023	$2,038,147	$1,925,891	$44,874,292	$112,256
2022	$1,803,539	$1,989,580	$47,522,225	$-186,041
2021	$1,737,096	$1,784,503	$51,675,417	$-47,407
2021	$1,737,096	$1,784,503	$51,675,417	$-47,407
2020	$1,779,234	$1,900,519	$50,951,849	$-121,285
2019	$1,899,836	$1,882,126	$42,881,064	$17,710
2018	$1,890,125	$1,755,052	$45,657,970	$135,073

COLLEGEDALE CREDIT UNION