Area Schools Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,069,642 | 846,102 | 223,540 | 293.9 | 23% |
| 2012 | 1,010,498 | 703,618 | 306,880 | 341.8 | 32% |
| 2013 | 964,681 | 736,823 | 227,858 | 339.3 | 31% |
| 2014 | 941,390 | 697,615 | 243,775 | 377.4 | 33% |
| 2015 | 906,182 | 740,110 | 166,072 | 356.8 | 32% |
| 2016 | 1,030,691 | 777,090 | 253,601 | 363.5 | 33% |
| 2017 | 1,065,398 | 870,042 | 195,356 | 307.2 | 31% |
| 2018 | 1,167,346 | 847,062 | 320,284 | 332.7 | 12% |
| 2019 | 1,313,258 | 987,782 | 325,476 | 286.6 | 31% |
| 2020 | 1,275,312 | 1,061,531 | 213,781 | 284.8 | 30% |
| 2021 | 1,280,242 | 1,061,368 | 218,874 | 306.0 | 33% |
| 2022 | 1,393,920 | 1,081,352 | 312,568 | 286.3 | 32% |
| 2023 | 1,408,377 | 1,349,330 | 59,047 | 230.7 | 37% |
In its most recent public year (2023), this organization brought in $59,047 more than it spent. Its reserves stood at about 230.7 months of spending, down from 293.9 in 2011. Staff pay was 37% 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
Area Schools 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