TELCO PLUS CREDIT UNION (EIN 750853180) - 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

1951

Legal Domicile

Principal Officer

Randall Pearson

Phone

9037535588

Tax Period

2020-01-01 to 2020-12-31

TELCO PLUS CREDIT UNION, founded in 1951, is a community nonprofit in the Public & Societal Benefit sector that reported $3.7M in total revenue in fiscal year 2020. The organization ran a surplus of $1.1M, a strong 29% operating margin.

Mission

Telco Plus Credit Union is a not-for-profit cooperative thrift institution, state chartered and regulated by the State of Texas Credit Union Department and the National Credit Union Administration. Telco Plus Credit Union is a member of the National Credit Union Administration Insurance Fund. Telco Plus Credit Union offers consumer products and services in the following primary areas: Share Accounts, Checking Accounts, Consumer Loans, Home Equity Loans and Mortgage Loans.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,023,434

Investment Income $162,273

Other Revenue $478,827

TOTAL REVENUE $3,664,534

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,176,979

Fundraising Expenses $0

Program Expenses $0

Other Expenses $1,409,941

TOTAL EXPENSES $2,586,920

Year-over-Year Comparison

	2020	2019	Change
Revenue	$3,664,534	$3,595,895	+0.0%
Expenses	$2,586,920	$2,745,311	-0.1%
Net Income	$1,077,614	$850,584	+0.3%

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

Total Directors

$3,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Board Member 3	Treasurer	2	Director	$3,000	$0	$3,000
Board Member 2	Vice Chairman	2	Officer	$0	$0	$0
Board Member 4	Secretary	2	Officer	$0	$0	$0
Board Member 6	Director	1	Officer	$0	$0	$0
Board Member 7	Director	2	Officer	$0	$0	$0
Board Member 5	Director	1	Officer	$0	$0	$0
Board Member 1	Chairman	1	Officer	$0	$0	$0
Board Member 8	Director	1	Officer	$0	$0	$0
Board member 9	Director	1	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
2020	$3,664,534	$2,586,920	$73,610,522	$1,077,614
2019	$3,595,895	$2,745,311	$61,865,751	$850,584
2018	$2,970,424	$2,533,581	$60,813,135	$436,843

TELCO PLUS CREDIT UNION