SCOTT CREDIT UNION COMMUNITY FOUNDATION (EIN 823443031) - 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

2018

Legal Domicile

Principal Officer

Frank Padak

Phone

6183451000

Tax Period

2024-01-01 to 2024-12-31

SCOTT CREDIT UNION COMMUNITY FOUNDATION, founded in 2018, is a small nonprofit in the Education sector that reported $286K in total revenue in fiscal year 2021. Revenue surged 76% from the prior year, signaling strong growth momentum. The organization ran a surplus of $279K, a strong 98% operating margin.

Mission

To support charitable, educational, religious, or scientific purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code, including, without limitation, providing financial support to local schools to provide scholarships to graduation seniors for their first year of post-secondary education, as well as provide financial support to local charities in Edwardsville and surrounding areas in which the Corporation serves.

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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 (2024)

Revenue Breakdown

Contributions & Grants $328,811

Program Service Revenue $0

Investment Income $23,901

Other Revenue $-13,304

TOTAL REVENUE $339,408

Expense Breakdown

Grants Paid $304,400

Salaries & Benefits $0

Fundraising Expenses $4,479

Program Expenses $304,400

Other Expenses $11,601

TOTAL EXPENSES $316,001

Year-over-Year Comparison

	2024	2023	Change
Revenue	$339,408	$195,226	+0.7%
Expenses	$316,001	$89,307	+2.5%
Net Income	$23,407	$105,919	-0.8%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Scott Seidl	Chairman of the Board	Officer Director	$0	$0	$0
Ashleigh Deatherage	Treasurer	Director	$0	$0	$0
Frank Padak	Director	Director	$0	$0	$0
Scott Peters	Director	Director	$0	$0	$0
Tracie Buettner	Director	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	$339,408	$316,001	$611,026	$23,407
2023	$195,226	$89,307	$587,619	$105,919
2022	$187,545	$136,271	$481,700	$51,274
2021	$286,398	$7,073	$430,426	$279,325

SCOTT CREDIT UNION COMMUNITY FOUNDATION