My Credit Union

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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

1963

Legal Domicile

Principal Officer

ALEX CASILLAS

Phone

6503665522

Tax Period

2020-01-01 to 2020-12-31

My Credit Union, founded in 1963, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2020. Revenue decreased 9% compared to the prior year. Expenses of $1.4M exceeded revenue, resulting in a 16% operating deficit.

Mission

Non-profit, State-chartered, Natural Person Credit Union. Provide competitive financial services to 2,231 members of My Credit Union.

Program Service Accomplishments

Program 1

Provided deposit and loan accounts to its members. Provided low cost source of credit and low cost financial services to our members. Provided source for member savings and checking account needs.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $873,123

Investment Income $175,091

Other Revenue $203,155

TOTAL REVENUE $1,251,369

Expense Breakdown

Grants Paid $0

Salaries & Benefits $519,203

Fundraising Expenses $0

Other Expenses $919,721

TOTAL EXPENSES $1,445,444

Year-over-Year Comparison

	2020	2019	Change
Revenue	$1,251,369	$1,376,793	-0.1%
Expenses	$1,445,444	$1,405,144	+0.0%
Net Income	$-194,075	$-28,351	+5.8%

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

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

$132,601

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEX CASILLAS	President & CEO	40.00	Officer	$130,000	$2,601	$132,601
DOUGLAS AGUILERA	Board Member	1.00	Director	$0	$0	$0
RICHARD OSTILLER	Board Chairman	1.00	Director	$0	$0	$0
CHARLES STIMLER	Board Member	1.00	Director	$0	$0	$0
KEVIN CAUDILL	Board Member	1.00	Director	$0	$0	$0
DAWNA HORSLEY	SC member	1.00	Director	$0	$0	$0
CHRISTOPHER MIROV	Board member	1.00	Director	$0	$0	$0
JON MOSBY	SC Member	1.00	Director	$0	$0	$0
Fred Diaz	CEO (former)	40.00		$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
2020	$1,251,369	$1,445,444	$34,108,303	$-194,075
2019	$1,376,793	$1,405,144	$32,017,144	$-28,351
2018	$1,414,308	$1,382,573	$32,158,613	$31,735