Destinations Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,413,500 | 3,456,894 | −43,394 | 227.9 | 34% |
| 2021 | 3,241,703 | 3,217,852 | 23,851 | 259.3 | 36% |
| 2022 | 3,175,657 | 3,222,458 | −46,801 | 248.3 | 39% |
| 2023 | 3,397,067 | 3,460,007 | −62,940 | 223.2 | 36% |
In its most recent public year (2023), this organization spent $62,940 more than it brought in. Its reserves stood at about 223.2 months of spending, down from 227.9 in 2020. Staff pay was 36% 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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