Tarrant County's Credit Union

EIN: 751054189

Fort Worth, TX

Total Revenue
$10,235,501
Total Expenses
$10,205,157
Total Assets
$122,543,708
Net Assets
$12,199,631
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
TX
Principal Officer
Lily Newfarmer
Phone
8178841470
Tax Period
2025-01-01 to 2025-12-31

Tarrant County's Credit Union, founded in 1955, is a mid-sized nonprofit that reported $10.2M in total revenue in fiscal year 2025.

Mission

To provide our members with the best possible financial services

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $9,291,704
Investment Income $585,865
Other Revenue $357,932
TOTAL REVENUE $10,235,501

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,751,994
Fundraising Expenses $0
Other Expenses $6,453,163
TOTAL EXPENSES $10,205,157

Year-over-Year Comparison

2025 2024 Change
Revenue $10,235,501 $9,477,657 +0.1%
Expenses $10,205,157 $8,612,497 +0.2%
Net Income $30,344 $865,160 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
51
Volunteers
10

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
7
$492,799
Total Directors
7
$0
Key Employees
2
$492,799
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alan Thomas Chairman 1.00
Officer Director
$0 $0 $0
Craig Maxwell Vice Chairman 1.00
Officer Director
$0 $0 $0
Travis Yarbrough Secretary 1.00
Officer Director
$0 $0 $0
Judy McDonald Treasurer 1.00
Officer Director
$0 $0 $0
Jennifer Mitchell Director 1.00
Director
$0 $0 $0
Tom Spencer Director 1.00
Director
$0 $0 $0
Kylie Giancotti Director 1.00
Officer Director
$0 $0 $0
Lily Newfarmer CEO 50.00
Officer Key Emp Highest
$298,198 $0 $298,198
Carla Reeves Executive VP 50.00
Officer Key Emp
$194,601 $0 $194,601
Karen Knight VP of IT 50.00
Highest
$126,194 $0 $126,194
Darlene Parker VP of Lending 50.00
Highest
$125,133 $0 $125,133
Jenny Hamilton VP of Operations 50.00
Highest
$119,829 $0 $119,829
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 $10,235,501 $10,205,157 $122,543,708 $30,344
2024 $9,477,657 $8,612,497 $117,877,545 $865,160
2023 $9,253,616 $7,489,409 $118,356,684 $1,764,207
2022 $6,675,204 $6,387,947 $119,584,304 $287,257
2021 $6,309,923 $6,010,374 $120,112,755 $299,549
2020 $6,739,485 $6,207,730 $106,334,120 $531,755
2019 $6,918,712 $6,236,703 $92,127,789 $682,009
2018 $6,495,156 $5,666,425 $86,364,561 $828,731
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Tarrant County's Credit Union with other nonprofits in Texas and across the country.