everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Leading Edge Credit Union

Worthington, MN / EIN 41-1563619 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20113,378,0343,111,867266,16725.937%
20123,642,8283,145,015497,81327.641%
20176,221,9415,552,337669,60424.438%
20186,789,5706,087,776701,79423.739%
20197,038,3776,923,233115,14421.037%
20206,671,1516,780,328−109,17721.59%
20217,366,1617,278,14988,01219.639%
20227,569,5547,236,877332,67718.237%
20238,422,5248,561,409−138,88515.629%

In its most recent public year (2023), this organization spent $138,885 more than it brought in. Its reserves stood at about 15.6 months of spending, down from 25.9 in 2011. 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

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