Financial Plus Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,772,995 | 8,890,885 | 1,882,110 | 34.9 | 29% |
| 2012 | 11,049,473 | 8,804,528 | 2,244,945 | 38.6 | 31% |
| 2013 | 11,028,930 | 8,813,875 | 2,215,055 | 41.1 | 32% |
| 2014 | 10,930,912 | 9,162,736 | 1,768,176 | 42.4 | 32% |
| 2015 | 12,166,280 | 9,907,128 | 2,259,152 | 43.2 | 32% |
| 2016 | 13,486,079 | 10,734,752 | 2,751,327 | 42.8 | 32% |
| 2017 | 14,531,643 | 11,358,071 | 3,173,572 | 43.7 | 33% |
| 2018 | 16,237,237 | 12,328,447 | 3,908,790 | 43.9 | 32% |
| 2019 | 17,514,647 | 13,765,737 | 3,748,910 | 43.1 | 32% |
| 2020 | 17,277,341 | 14,668,286 | 2,609,055 | 42.8 | 33% |
| 2021 | 18,435,940 | 15,115,889 | 3,320,051 | 43.5 | 33% |
| 2022 | 20,342,289 | 16,115,786 | 4,226,503 | 38.3 | 30% |
| 2023 | 24,600,191 | 20,759,661 | 3,840,530 | 33.1 | 27% |
In its most recent public year (2023), this organization brought in $3,840,530 more than it spent. Its reserves stood at about 33.1 months of spending, down from 34.9 in 2011. Staff pay was 27% 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
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