Texas DPS Credit Union (EIN 741249840) - 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

1954

Legal Domicile

Principal Officer

Cassy Sass

Phone

5124525211

Tax Period

2023-01-01 to 2023-12-31

Texas DPS Credit Union, founded in 1954, is a community nonprofit that reported $4.4M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $683K, a strong 15% operating margin.

Mission

A voluntary, cooperative, not-for-profit financial institution (credit union) that is membership owned to offer the best quality financial products and services at the lowest possible cost to its membership.

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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 $3,893,593

Investment Income $523,622

Other Revenue $2,902

TOTAL REVENUE $4,420,117

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,713,419

Fundraising Expenses $0

Other Expenses $2,023,999

TOTAL EXPENSES $3,737,418

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,420,117	$4,064,571	+0.1%
Expenses	$3,737,418	$3,274,813	+0.1%
Net Income	$682,699	$789,758	-0.1%

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

$180,639

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cassy Sass	President/CEO	50.00	Officer	$161,236	$19,403	$180,639
David Outon	Chair	5.00	Officer Director	$0	$0	$0
Donna Sauls	Vice Chair	3.00	Officer Director	$0	$0	$0
Paul Jordan	Secretary	3.00	Officer Director	$0	$0	$0
Michael Black	Treasurer	3.00	Officer Director	$0	$0	$0
Rhonda Lawson	Director/Member	3.00	Director	$0	$0	$0
Joe Morris	Director/Member	3.00	Director	$0	$0	$0
Kent Radney	Director/Member	3.00	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	$4,420,117	$3,737,418	$96,889,869	$682,699
2022	$4,064,571	$3,274,813	$105,857,045	$789,758
2021	$3,828,874	$2,919,067	$99,557,178	$909,807
2020	$3,717,155	$2,956,631	$87,761,626	$760,524
2019	$3,554,941	$2,938,705	$80,127,933	$616,236
2018	$3,171,219	$2,554,437	$75,818,692	$616,782

Texas DPS Credit Union