New Horizon Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 556,381 | 546,055 | 10,326 | 37.0 | 32% |
| 2012 | 526,615 | 534,235 | −7,620 | 37.7 | 34% |
| 2013 | 473,812 | 542,151 | −68,339 | 35.6 | 33% |
| 2014 | 466,682 | 508,937 | −42,255 | 36.9 | 34% |
| 2015 | 454,853 | 484,118 | −29,265 | 38.1 | 33% |
| 2016 | 463,627 | 484,328 | −20,701 | 37.6 | 33% |
| 2017 | 495,559 | 499,652 | −4,093 | 36.3 | 33% |
| 2018 | 566,657 | 561,554 | 5,103 | 32.4 | 30% |
| 2019 | 658,157 | 655,157 | 3,000 | 27.8 | 28% |
| 2020 | 629,667 | 622,470 | 7,197 | 29.4 | 29% |
| 2021 | 643,192 | 715,035 | −71,843 | 24.4 | 27% |
In its most recent public year (2021), this organization spent $71,843 more than it brought in. Its reserves stood at about 24.4 months of spending, down from 37 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 2021. 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
New Horizon Credit Union's IRS filings as a feed — one entry per filing year, through 2021. 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