Beacon Financial Credit Union (EIN 626041473) - 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

1951

Legal Domicile

Principal Officer

JohnMichael Nelms

Phone

4239750025

Tax Period

2025-01-01 to 2025-12-31

Beacon Financial Credit Union, founded in 1951, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2025. Revenue fell 35% from the prior year — a significant decline worth monitoring.

Mission

Credit Union Provide a variety of financial services to its members Including savings and loans

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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 $2,109,714

Investment Income $79,445

Other Revenue $0

TOTAL REVENUE $2,189,159

Expense Breakdown

Grants Paid $0

Salaries & Benefits $902,817

Fundraising Expenses $0

Program Expenses $531,579

Other Expenses $1,285,259

TOTAL EXPENSES $2,188,076

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,189,159	$3,380,669	-0.4%
Expenses	$2,188,076	$2,810,314	-0.2%
Net Income	$1,083	$570,355	-1.0%

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

N/A

Independent Members

N/A

Employees

N/A

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

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
DEBBIE DOVER	Board Member	Director	$0	$0	$0
SHANA TATE	Board Chairperson	Director	$0	$0	$0
DOUG JANZ	Secretary	Director	$0	$0	$0
SHANE HILTON	Board Vice Chairperson	Director	$0	$0	$0
CHRIS BRACKETT	Director	Director	$0	$0	$0
SHARON SHEPPARD	Director	Director	$0	$0	$0
TOM TULL	Director	Director	$0	$0	$0
ROBERT BENDER	Treasurer	Director	$0	$0	$0
JOHN-MICHAEL NELMS	CEO	Key Emp	$0	$0	$0
DANIELLE BROOKS	COO	Key Emp	$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	$2,189,159	$2,188,076	$28,265,732	$1,083
2024	$3,380,669	$2,810,314	$28,183,455	$570,355
2023	$2,287,424	$2,225,767	$31,596,376	$61,657
2022	$2,370,404	$2,051,759	$30,130,534	$318,645
2021	$1,838,788	$1,511,838	$26,846,097	$326,950
2020	$1,755,557	$1,654,626	$26,653,070	$100,931
2019	$1,630,392	$1,386,671	$24,205,960	$243,721
2018	$1,445,601	$1,241,023	$21,621,201	$204,578

Beacon Financial Credit Union