ELGA CREDIT UNION FOUNDATION FOR IMPACT (EIN 833968733) - 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

2019

Legal Domicile

Principal Officer

CHERYL SCLATER

Phone

8106002522

Tax Period

2025-01-01 to 2025-12-31

ELGA CREDIT UNION FOUNDATION FOR IMPACT, founded in 2019, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $791K, a strong 59% operating margin.

Mission

Receiving and distributing funds for charitable organizations, promoting community education and funding of a financial education program. Providing resources, education and funding for entrepreneurial start up business.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,328,277

Program Service Revenue $0

Investment Income $14,944

Other Revenue $0

TOTAL REVENUE $1,343,221

Expense Breakdown

Grants Paid $0

Salaries & Benefits $77,233

Fundraising Expenses $264,187

Program Expenses $211,074

Other Expenses $475,261

TOTAL EXPENSES $552,494

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,343,221	$1,563,186	-0.1%
Expenses	$552,494	$513,615	+0.1%
Net Income	$790,727	$1,049,571	-0.2%

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	Hours/Week	Reportable Comp	Other Comp	Total
Cheryl Sclater	President	N/A	$0	$0	$0
LAUREN ROMANKEWIZ	Treasurer	N/A	$0	$0	$0
TERRY KATZUR	DIRECTOR	N/A	$0	$0	$0
DIANNA CURRIER	Secretary	N/A	$0	$0	$0
KAREN A CHURCH	Director	N/A	$0	$0	$0
CHRISTOPHER GOETZ	Director	N/A	$0	$0	$0
CHADD O'BRIEN	Director	N/A	$0	$0	$0
MICHAEL SAFA MD	Director	N/A	$0	$0	$0
CORREY BLACK	Director	N/A	$0	$0	$0
SANDY PHILLIPS	Director	N/A	$0	$0	$0
ISAIAH ARTIS	Director	N/A	$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
2025	$1,343,221	$552,494	$2,806,848	$790,727
2024	$1,563,186	$513,615	$1,871,681	$1,049,571
2023	$686,078	$156,073	$747,397	$530,005
2022	$383,242	$269,675	$217,392	$113,567

ELGA CREDIT UNION FOUNDATION FOR IMPACT