First Trust Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,215,510 | 4,913,621 | 301,889 | 20.9 | 37% |
| 2012 | 4,919,335 | 4,742,130 | 177,205 | 22.2 | 40% |
| 2013 | 4,860,515 | 4,647,173 | 213,342 | 23.2 | 36% |
| 2014 | 4,989,492 | 4,331,557 | 657,935 | 26.7 | 38% |
| 2015 | 4,937,760 | 4,351,325 | 586,435 | 28.2 | 37% |
| 2016 | 4,963,392 | 4,297,718 | 665,674 | 30.4 | 38% |
| 2017 | 5,001,001 | 4,291,074 | 709,927 | 32.4 | 38% |
| 2018 | 5,604,639 | 4,455,695 | 1,148,944 | 34.3 | 37% |
| 2019 | 6,359,641 | 4,685,134 | 1,674,507 | 36.9 | 36% |
| 2020 | 5,692,292 | 4,967,258 | 725,034 | 36.6 | 34% |
| 2021 | 5,720,255 | 4,596,075 | 1,124,180 | 42.5 | 37% |
| 2022 | 6,159,987 | 4,879,126 | 1,280,861 | 43.1 | 37% |
| 2023 | 7,024,551 | 5,398,512 | 1,626,039 | 42.6 | 35% |
In its most recent public year (2023), this organization brought in $1,626,039 more than it spent. Its reserves stood at about 42.6 months of spending, up from 20.9 in 2011. Staff pay was 35% 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
First Trust 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