VICKSBURG RAILROAD CREDIT UNION (EIN 640304718) - 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

1934

Legal Domicile

Principal Officer

DAVID BELL

Phone

6016383134

Tax Period

2023-01-01 to 2023-12-31

VICKSBURG RAILROAD CREDIT UNION, founded in 1934, is a small nonprofit that reported $646K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $581K left a modest 10% surplus.

Mission

TO PROMOTE THRIFT BY AFFORDING AN OPPORTUNITY TO ACCUMLATE SAVINGS AND TO CREATE A SOURCE OF CREDIT FOR PROVIDENT OR PRODUCTIVE PURPOSE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $447,460

Investment Income $128,673

Other Revenue $70,041

TOTAL REVENUE $646,174

Expense Breakdown

Grants Paid $0

Salaries & Benefits $257,359

Fundraising Expenses $0

Program Expenses $580,502

Other Expenses $323,143

TOTAL EXPENSES $580,502

Year-over-Year Comparison

	2023	2022	Change
Revenue	$646,174	$524,068	+0.2%
Expenses	$580,502	$492,540	+0.2%
Net Income	$65,672	$31,528	+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

$85,008

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HUGH FREEMAN	PRESIDENT	1.00	Officer	$0	$0	$0
LEE MUSGROVE	VICE PRESIDENT	1.00	Officer	$0	$0	$0
AMANDA DAVIS	SECRETARY	1.00	Officer	$0	$0	$0
MIKE TANNER	MEMBER	1.00	Officer	$0	$0	$0
DAVID BELL	CEO	40.00	Officer	$85,008	$0	$85,008
JEFF PELTZ	TREASURER	1.00	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
2024	No data	No data	No data	No data
2023	$646,174	$580,502	$11,329,887	$65,672
2022	$524,068	$492,540	$11,689,462	$31,528
2021	$476,693	$496,192	$11,493,236	$-19,499
2020	$538,163	$579,522	$11,509,536	$-41,359
2019	$560,401	$501,703	$10,840,439	$58,698
2018	$473,688	$475,678	$10,821,736	$-1,990

VICKSBURG RAILROAD CREDIT UNION