WCU CREDIT UNION (EIN 630321814) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1948

Legal Domicile

Principal Officer

STEVEN DETERMAN

Phone

2563555010

Tax Period

2024-01-01 to 2024-12-31

WCU CREDIT UNION, founded in 1948, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2018. Expenses of $1.3M left a modest 8% surplus.

Mission

COOPERATIVE CREDIT UNION

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,959,860

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,959,860

Expense Breakdown

Grants Paid $0

Salaries & Benefits $673,989

Fundraising Expenses $0

Program Expenses $1,813,567

Other Expenses $1,139,578

TOTAL EXPENSES $1,813,567

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,959,860	$1,811,705	+0.1%
Expenses	$1,813,567	$1,558,795	+0.2%
Net Income	$146,293	$252,910	-0.4%

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

$93,652

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GINA BRISCOE	SECRETARY	1.00	Director	$0	$0	$0
JIM BURLESON	DIRECTOR	1.00	Director	$0	$0	$0
MARK MOODY	CHAIRMAN OF BOARD	1.00	Director	$0	$0	$0
BOBBY SPEEGLE	DIRECTOR	1.00	Director	$0	$0	$0
LUKE ETHEREDGE	VICE CHAIRMAN	1.00	Director	$0	$0	$0
STEVE BURDEN	DIRECTOR	1.00	Director	$0	$0	$0
CRYSTAL SPIGLE	SUPERVISORY COMMITTEE CHAI	1.00	Director	$0	$0	$0
MIKE BRISCOE	SUPERVISORY COMMITTEE MBR	1.00	Director	$0	$0	$0
BRUCE YOUNG	SUPERVISORY COMMITTEE MBR	1.00	Director	$0	$0	$0
APRIL CAGLE	TREASURER	1.00	Director	$0	$0	$0
STEVEN DETERMAN	CEO	45.00	Officer	$92,562	$1,090	$93,652

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
2024	$1,959,860	$1,813,567	$34,439,075	$146,293
2023	$1,811,705	$1,558,795	$33,828,715	$252,910
2022	$1,433,001	$1,407,633	$35,953,682	$25,368
2021	$1,252,585	$1,320,400	$35,434,621	$-67,815
2020	$1,321,478	$1,379,422	$31,658,558	$-57,944
2019	$1,473,487	$1,390,065	$26,633,904	$83,422
2018	$1,455,128	$1,343,337	$25,115,151	$111,791

WCU CREDIT UNION