MEMORIAL CREDIT UNION (EIN 620695369) - 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

4238551770

Tax Period

2025-01-01 to 2025-12-31

MEMORIAL CREDIT UNION, founded in 1960, is a small nonprofit that reported $428K in total revenue in fiscal year 2025. Net assets of $986K represent 28 months of operating reserves.

Mission

PROVIDE SERVICES FOR APPROXIMATELY 2500 MEMBERS IN FORM OF LOANS, TERM CERTIFICATES, SHARE DRAFT ACCOUNTS AND SAVINGS ACCOUNTS

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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 $81,964

Program Service Revenue $0

Investment Income $92,190

Other Revenue $254,134

TOTAL REVENUE $428,288

Expense Breakdown

Grants Paid $0

Salaries & Benefits $300,163

Fundraising Expenses $0

Program Expenses $425,086

Other Expenses $124,923

TOTAL EXPENSES $425,086

Year-over-Year Comparison

	2025	2024	Change
Revenue	$428,288	$406,628	+0.1%
Expenses	$425,086	$436,035	0.0%
Net Income	$3,202	$-29,407	-1.1%

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

Total Directors

Key Employees

$54,784

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DERRICK RUMPH	CEO	40.00	Highest	$77,800	$0	$77,800
BUFFY DAVIS	ASSISTANT MANAGER	40.00	Key Emp	$54,784	$0	$54,784
GREGORY BOOTS	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
DAVID DIERCKS	SECRETARY	2.00	Officer Director	$0	$0	$0
TERRY TAGGART	CHAIRMAN	2.00	Officer Director	$0	$0	$0
SHAUN POPE	BOARD MEMBER AND SUPERVISORY CHAIR	2.00	Director	$0	$0	$0
KAREN SLOAN	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHRYN DAVIS	TREASURER	2.00	Officer Director	$0	$0	$0
BENJAMIN YOUNG	BOARD MEMBER	1.00	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
2025	$428,288	$425,086	$7,112,566	$3,202
2024	$406,628	$436,035	$7,016,460	$-29,407
2023	$382,638	$431,697	$8,051,558	$-49,059
2022	$326,694	$427,706	$8,214,571	$-101,012
2021	$315,980	$430,077	$8,766,418	$-114,097
2020	$366,808	$415,836	$8,121,441	$-49,028
2019	$407,997	$384,883	$7,458,085	$23,114
2018	$397,921	$385,211	$7,335,130	$12,710

MEMORIAL CREDIT UNION