PEARL MUNICIPAL FEDERAL CREDIT UNION (EIN 640647495) - 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

LANELL WHITE

Tax Period

2023-01-01 to 2023-12-31

PEARL MUNICIPAL FEDERAL CREDIT UNION, founded in 1981, is a small nonprofit that reported $157K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $64K, a strong 41% operating margin.

Mission

MEMBER SAVINGS & LOAN

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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 $152,174

Investment Income $0

Other Revenue $5,032

TOTAL REVENUE $157,206

Expense Breakdown

Grants Paid $0

Salaries & Benefits $43,818

Fundraising Expenses $0

Program Expenses $93,109

Other Expenses $49,285

TOTAL EXPENSES $93,103

Year-over-Year Comparison

	2023	2022	Change
Revenue	$157,206	$126,244	+0.2%
Expenses	$93,103	$96,150	0.0%
Net Income	$64,103	$30,094	+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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RON MORGAN	DIRECTOR	1.00	Director	$0	$0	$0
MARK HEATH	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
GLENDA CHAPPELL	SECRETARY	1.00	Officer Director	$0	$0	$0
LANELL WHITE	PRESIDENT	1.00	Officer Director	$0	$0	$0
DONNA RIEGER	TREASURER	1.00	Officer 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
2024	No data	No data	No data	No data
2023	$157,206	$93,103	$2,236,939	$64,103
2022	$126,244	$96,150	$2,090,379	$30,094
2021	$113,912	$83,255	$1,995,863	$30,657
2020	$98,618	$73,559	$1,774,949	$25,059
2019	$108,047	$68,924	$1,552,765	$39,123
2018	$94,976	$74,764	$1,472,668	$20,212

PEARL MUNICIPAL FEDERAL CREDIT UNION