FINANCIAL SECURITY CREDIT UNION (EIN 850161080) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1954

Legal Domicile

Principal Officer

JUDY CARRASCO

Phone

5758876030

Tax Period

2023-01-01 to 2023-12-31

FINANCIAL SECURITY CREDIT UNION, founded in 1954, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $888K, a strong 24% operating margin.

Mission

THE CREDIT UNION STRIVES TO OFFER THE BEST POSSIBLE DIVIDENDS ON SHARES, LOANS AT REASONABLE RATES, A PRODUCT MIX TO MEET THE NEEDS OF OUR MEMBERS, AND TO PROVIDE EFFICIENT AND FRIENDLY SERVICE TO THOSE WHO ARE IN OUR COMMON BOND. THE CREDIT UNION SEEKS TO MAINTAIN ITS LONG-TERM FINANCIAL STABILITY, WHILE PROTECTING THE ASSETS OF THE MEMBERS.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,969,082

Investment Income $560,034

Other Revenue $199,601

TOTAL REVENUE $3,728,717

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,204,154

Fundraising Expenses $0

Other Expenses $1,637,018

TOTAL EXPENSES $2,841,172

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,728,717	$3,190,623	+0.2%
Expenses	$2,841,172	$2,584,154	+0.1%
Net Income	$887,545	$606,469	+0.5%

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

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

$267,655

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON CROCKETT	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
MISTI FERNANDEZ	VICE CHAIRPERSON	2.00	Officer Director	$0	$0	$0
KAY TIGERT	TREASURER	2.00	Officer Director	$0	$0	$0
RILEY NEATHERLIN	SECRETARY	2.00	Officer Director	$0	$0	$0
VICTOR MARTINEZ	DIRECTOR	2.00	Director	$0	$0	$0
JUDY CARRASCO	CEO	40.00	Officer	$149,474	$0	$149,474
KATHERINE NAVARRETTE	VP OPERATIONS	40.00	Officer	$118,181	$0	$118,181

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	$3,728,717	$2,841,172	$59,797,422	$887,545
2022	$3,190,623	$2,584,154	$59,542,140	$606,469
2021	$2,745,222	$2,674,936	$55,978,482	$70,286
2020	$2,794,228	$2,634,981	$53,205,701	$159,247
2019	$2,889,372	$2,632,733	$48,266,899	$256,639
2018	$2,562,690	$2,207,717	$46,605,632	$354,973

FINANCIAL SECURITY CREDIT UNION