954 Gorman-rupp & Assoc Credit Union is a 501(c)(14) organization based in Mansfield, Ohio, registered in 1969, with $1,184,172 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.2M
▲ 16.8% vs prior year
Expenses (FY2024)
$1.1M
Net assets
$1.4M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for 954 Gorman-rupp & Assoc Credit Union— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For 954 Gorman-rupp & Assoc Credit Union: 15 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for 954 Gorman-rupp & Assoc Credit Union— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For 954 Gorman-rupp & Assoc Credit Union: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $710K (FY2013) to $1.2M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
6.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$14.7M
Total liabilities
$13.3M
Net assets
$1.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,184,172▲16.8% | $1,109,178▲20.3% | $1,373,403▲5.8% | $14,682,393▲3.5% | 990 |
| 2023 | $1,013,532▲25.9% | $922,377▲24.7% | $1,298,409▲5.5% | $14,185,014 | 990 |
| 2022 | $804,942▲14.4% | $739,917▲5.2% | $1,231,185▲5.6% | $14,180,201▲8.8% | 990 |
| 2021 | $703,725▼0.8% | $703,057▲7.1% | $1,166,160▲0.1% | $13,029,904▲19.1% | 990 |
| 2020 | $709,754▼4.0% | $656,459▼0.7% | $1,165,492▲4.8% | $10,940,067▲25.4% | 990 |
| 2019 | $739,376▲6.6% | $661,118▲1.4% | $1,112,197▲7.6% | $8,724,766▲3.7% | 990 |
| 2018 | $693,433▲3.5% | $651,805▲2.6% | $1,033,939▲4.2% | $8,411,826▲2.3% | 990 |
| 2017 | $669,823▼1.8% | $635,558▼1.3% | $992,311▲3.6% | $8,220,508▼3.0% | 990 |
| 2016 | $681,967▼7.4% | $644,254▼7.5% | $958,046▲4.0% | $8,473,223▼0.1% | 990 |
| 2015 | $736,575▼2.2% | $696,305▼1.5% | $921,618▲4.6% | $8,478,166▼2.8% | 990 |
| 2014 | $753,005▲6.1% | $706,758▲12.6% | $881,348▲5.5% | $8,720,150▲7.9% | 990 |
| 2013 | $709,881 | $627,737▲9.4% | $835,101▲10.9% | $8,080,104▲10.8% | 990 |
| 2012 | — | $573,851▲3.9% | $752,957▲14.6% | $7,292,027▼1.7% | 990 |
| 2011 | — | $552,473▲7.7% | $657,184▲11.6% | $7,421,341▼5.5% | 990 |
| 2010 | — | $512,913 | $589,028 | $7,855,327 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for 954 Gorman-rupp & Assoc Credit Union (EIN 34-0905753) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.