MCNAIRY COUNTY EMPLOYEES CREDIT UNION (EIN 621085618) - 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

1981

Legal Domicile

Principal Officer

KONDA BOWLING

Phone

9317669288

Tax Period

2022-01-01 to 2022-12-31

MCNAIRY COUNTY EMPLOYEES CREDIT UNION, founded in 1981, is a micro nonprofit that reported $21K in total revenue in fiscal year 2022. Revenue fell 76% from the prior year — a significant decline worth monitoring.

Mission

CREDIT UNION - TO PROVIDE SERVICES TO APPROXIMATELY 554 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER OTHER FINANCIAL SERVICES.

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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 $20,899

Investment Income $416

Other Revenue $0

TOTAL REVENUE $21,315

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,825

Fundraising Expenses $0

Program Expenses $21,534

Other Expenses $7,709

TOTAL EXPENSES $21,534

Year-over-Year Comparison

	2022	2021	Change
Revenue	$21,315	$89,303	-0.8%
Expenses	$21,534	$87,809	-0.8%
Net Income	$-219	$1,494	-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

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

$9,520

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICKIE FRANKS	MANAGER	40.00	Officer	$9,520	$0	$9,520
TAMMY BLAKELY	BOARD VICE C	1.00	Director	$0	$0	$0
DENISE BROWN	BOARD MEMBER	1.00	Director	$0	$0	$0
RACHEL DANCER	BOARD MEMBER	1.00	Director	$0	$0	$0
FRANKIE FINLEY	BOARD TREASU	1.00	Director	$0	$0	$0
CINDY GILLHAM	BOARD SECRET	1.00	Director	$0	$0	$0
DANNIE HARBIN	BOARD CHAIR	1.00	Director	$0	$0	$0
MATTHEW WOOD	BOARD MEMBER	1.00	Director	$0	$0	$0
KONDA BOWLING	CEO	0.00	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
2022	$21,315	$21,534	No data	$-219
2021	$89,303	$87,809	$1,732,408	$1,494
2020	$82,442	$88,903	$1,654,316	$-6,461

MCNAIRY COUNTY EMPLOYEES CREDIT UNION