Numark Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 22,576,443 | 17,168,915 | 5,407,528 | 31.5 | 29% |
| 2021 | 32,569,723 | 26,446,095 | 6,123,628 | 31.0 | 30% |
| 2022 | 34,998,113 | 28,421,361 | 6,576,752 | 31.6 | 30% |
| 2023 | 46,732,952 | 41,485,307 | 5,247,645 | 23.1 | 25% |
In its most recent public year (2023), this organization brought in $5,247,645 more than it spent. Its reserves stood at about 23.1 months of spending, down from 31.5 in 2020. Staff pay was 25% 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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