AMERICAN SOUTHWEST CREDIT UNION (EIN 860148533) - 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

2007

Legal Domicile

Principal Officer

JAY WILLIAMSON

Phone

5204591860

Tax Period

2023-01-01 to 2023-12-31

AMERICAN SOUTHWEST CREDIT UNION, founded in 2007, is a mid-sized nonprofit that reported $16.8M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.5M, a strong 21% operating margin.

Mission

TO PROVIDE HIGH QUALITY FINANCIAL SERVICES TO CREDIT UNION MEMBERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $13,338,365

Investment Income $3,421,000

Other Revenue $0

TOTAL REVENUE $16,759,365

Expense Breakdown

Grants Paid $27,930

Salaries & Benefits $4,796,949

Fundraising Expenses $0

Other Expenses $8,397,790

TOTAL EXPENSES $13,222,669

Year-over-Year Comparison

	2023	2022	Change
Revenue	$16,759,365	$13,471,508	+0.2%
Expenses	$13,222,669	$9,661,045	+0.4%
Net Income	$3,536,696	$3,810,463	-0.1%

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

$560,311

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY HYDER	BOARD CHAIRMAN	1.00	Officer Director	$0	$0	$0
PATRICK LEDGER	BOARD VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
LES ORCHEKOWSKY	BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
CURTISS PETERSON	BOARD TREASURER	1.00	Officer Director	$0	$0	$0
ENNIS DANIEL	BOARD DIRECTOR	1.00	Director	$0	$0	$0
JOSE BARRERAS	BOARD DIRECTOR	1.00	Director	$0	$0	$0
SANDRA ADAMS	BOARD DIRECTOR (THRU 4/23)	1.00	Director	$0	$0	$0
DR JACQUELINE CLAY	BOARD DIRECTOR	1.00	Director	$0	$0	$0
JAY WILLIAMSON	PRESIDENT/CEO	40.00	Officer	$270,781	$13,437	$284,218
LAUREN PADGETT	EXECUTIVE VP/CFO	40.00	Officer	$151,146	$7,208	$158,354
RONALD CURTIS	EXECUTIVE VP/MBL	40.00	Officer	$111,125	$6,614	$117,739
BRAD RICHARDSON	VICE PRESIDENT IT	40.00	Highest	$134,188	$7,397	$141,585

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	$16,759,365	$13,222,669	$376,817,053	$3,536,696
2022	$13,471,508	$9,661,045	$363,412,479	$3,810,463
2021	$11,665,017	$8,981,965	$342,017,397	$2,683,052
2020	$11,673,556	$9,242,208	$294,368,400	$2,431,348

AMERICAN SOUTHWEST CREDIT UNION