Taft Employees Credit Union (EIN 720746093) - 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

1971

Legal Domicile

Principal Officer

Lula Petit

Phone

9857837381

Tax Period

2018-01-01 to 2018-12-31

Taft Employees Credit Union, founded in 1971, is a micro nonprofit that reported $95K in total revenue in fiscal year 2018. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $89K left a modest 7% surplus.

Mission

Member owned not for profit financial cooperative. Continue to provide members with affordable sources or savings and credit.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $84,836

Investment Income $10,421

Other Revenue $0

TOTAL REVENUE $95,257

Expense Breakdown

Grants Paid $0

Salaries & Benefits $45,390

Fundraising Expenses $0

Program Expenses $88,795

Other Expenses $43,405

TOTAL EXPENSES $88,795

Year-over-Year Comparison

	2018	2017	Change
Revenue	$95,257	$131,592	-0.3%
Expenses	$88,795	$117,635	-0.2%
Net Income	$6,462	$13,957	-0.5%

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

$39,895

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Theresa Zentheofer	Board President	2	Officer Director	$0	$0	$0
Donald Morgan	Board Member	1	Director	$0	$0	$0
Ricky Pujol	Treasurer	1	Officer Director	$0	$0	$0
Joanne Barrios	Vice President	2	Officer Director	$0	$0	$0
Jeffrey Cedro	Board Secretary	1	Director	$0	$0	$0
Oscar Smith	Board member	1	Director	$0	$0	$0
Jay Brasher	Board Member	1	Director	$0	$0	$0
Kathy Petit	Manager	40	Officer	$39,895	$0	$39,895

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
2018	$95,257	$88,795	No data	$6,462

Taft Employees Credit Union