Financial Center First Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 26,633,097 | 24,776,887 | 1,856,210 | 29.8 | 36% |
| 2016 | 26,808,566 | 24,320,922 | 2,487,644 | 31.6 | 33% |
| 2017 | 29,022,187 | 26,251,414 | 2,770,773 | 30.5 | 33% |
| 2018 | 32,407,608 | 28,685,170 | 3,722,438 | 29.4 | 32% |
| 2019 | 34,507,569 | 30,747,412 | 3,760,157 | 29.3 | 33% |
| 2020 | 33,673,329 | 30,701,000 | 2,972,329 | 32.2 | 36% |
| 2021 | 38,154,429 | 33,761,000 | 4,393,429 | 30.6 | 38% |
| 2022 | 42,966,700 | 38,073,000 | 4,893,700 | 26.7 | 34% |
| 2023 | 53,570,742 | 45,640,000 | 7,930,742 | 23.2 | 29% |
In its most recent public year (2023), this organization brought in $7,930,742 more than it spent. Its reserves stood at about 23.2 months of spending, down from 29.8 in 2015. Staff pay was 29% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Financial Center First Credit Union's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works