OKLAHOMA EDUCATORS CREDIT UNION (EIN 730742019) - 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

1960

Legal Domicile

Principal Officer

CINDY WHITE

Phone

4057222234

Tax Period

2023-01-01 to 2023-12-31

OKLAHOMA EDUCATORS CREDIT UNION, founded in 1960, is a mid-sized nonprofit that reported $17.9M in total revenue in fiscal year 2023. The organization ran a surplus of $3.0M, a strong 17% operating margin.

Mission

PROVIDING FINANCIAL SERVICES TO SCHOOL EMPLOYEES, STUDENTS, AND THEIR FAMILIES.

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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 $15,768,887

Investment Income $2,118,314

Other Revenue $-186

TOTAL REVENUE $17,887,015

Expense Breakdown

Grants Paid $20,244

Salaries & Benefits $5,784,644

Fundraising Expenses $0

Program Expenses $14,863,629

Other Expenses $6,920,326

TOTAL EXPENSES $14,883,873

Year-over-Year Comparison

	2023	2022	Change
Revenue	$17,887,015	$17,834,253	+0.0%
Expenses	$14,883,873	$14,832,015	+0.0%
Net Income	$3,003,142	$3,002,238	+0.0%

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

Independent Members

Employees

171

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

$1,149,849

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RENEE AXTELL	BOARD MEMBER	5.00	Director	$0	$0	$0
BRENDA BOLEN	BOARD MEMBER	5.00	Director	$0	$0	$0
STEVEN ALLEN	BOARD MEMBER	5.00	Director	$0	$0	$0
ANDY SCOTT	BOARD MEMBER	5.00	Director	$0	$0	$0
RICK DAWKINS	BOARD MEMBER	5.00	Director	$0	$0	$0
JEFF DEWITT	BOARD MEMBER - CHAIRMAN	5.00	Director	$0	$0	$0
MIKE OSSENKOP	BOARD MEMBER	5.00	Director	$0	$0	$0
CINDY WHITE	PRESIDENT / CEO	60.00	Officer	$418,466	$93,041	$511,507
TRENT VAUGHN	SENIOR VICE PRESIDENT	60.00	Officer	$359,957	$35,757	$395,714
BOB HERZIG	VICE PRESIDENT OF FINANCE	60.00	Officer	$185,496	$57,132	$242,628

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$17,887,015	$14,883,873	$235,069,234	$3,003,142
2022	$17,834,253	$14,832,015	$253,800,311	$3,002,238
2021	$16,355,869	$13,297,637	$242,039,953	$3,058,232
2020	$15,320,509	$13,118,986	$215,642,463	$2,201,523
2019	$13,990,498	$11,990,121	$166,993,127	$2,000,377
2018	$11,417,815	$9,719,606	$155,955,667	$1,698,209

OKLAHOMA EDUCATORS CREDIT UNION