Orlando Credit Union Foundation Inc
Nonprofit profile at a glance
- EIN
- 933618319
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024
- Location
- Orlando, FL, USA
- Phone
- 4078353521
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $5,350
- Expenses
- $22,078
- Assets
- $8,277
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Suzanne Weinstein (President and Chairman)
- David Duncan (Vice President)
People named in this filing
- Suzanne Weinstein (President and Chairman)
- David Duncan (Vice President)
- Johanna Arroyo Cruz (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Form 990-EZ, Part III, Primary Exempt Purpose - The Foundation will award grants to non-profit organizations, award educational scholarships, and sponsor activities and events that align with the foundation's mission and vision and fall under the following pillars: -Financial Health and Wellness -Enrichment in build of generation wealth of underserved communities -Affordable Housing -Small Business Support
What it reported doing in 2024
The Foundation awarded five $1,000 grants, total of $5,000, to five high school students for educational scholarships that align with the foundation's mission and vision.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 23
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -312.7%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0.37; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -129.5% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -100.5% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $22K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 3/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 24/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.