Youngstown Firefighters Credit Unio
Nonprofit profile at a glance
- EIN
- 340801783
- IRS 990 coverage
- 2010–2010
- Forms available
- Form 990 2010
- Location
- Youngstown, OH, USA
- Phone
- 3307934355
- Rating confidence
- Limited
- Sector
- Credit Unions
Reported finances
- Revenue
- $144,241
- Expenses
- $122,483
- Assets
- $3,639,228
- Liabilities
- $2,216,379
Source: IRS Form 990. Selected filing: tax year 2010. Amounts in USD.
Leadership & pay
4 people listed
Source: IRS Form 990. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The credit union provides financial services to qualified members. To provide lending, savings, and other financial services to its qualifying members, at terms generally better than available in the marketplace and with a "service-based emphasis" that recognizes the members' status as "shareholders."
What it reported doing in 2010
Various operating expenses necessary to run the credit union in a safe, sound and efficient manner, therefore safeguarding members' assets and providing optimal service to members.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Accountability: 79
- Sustainability: 69
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 59th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Fail
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 15.1%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 29.71; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0.61; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 18.5%; rating input score 24; 24th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 5 of 5 board members independent · 4 of 8 filing controls reported
- Programs: 4 filed program accomplishments
- Leadership: top reported pay $23K · 4 people listed
- Consistency: 11 of 11 current checks pass
- Schedules: 2 filed schedules
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- High — Sustainability: Officer compensation ratio scored 24/100.