1st Choice Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 0 | 0 | — | — |
| 2012 | 1,001 | 0 | 1,001 | — | — |
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 1,611,083 | 1,627,247 | −16,164 | 20.3 | 30% |
| 2015 | 1,545,289 | 1,450,102 | 95,187 | 23.5 | 34% |
| 2016 | 1,529,588 | 1,472,604 | 56,984 | 23.6 | 33% |
| 2017 | 1,538,403 | 1,826,407 | −288,004 | 17.2 | 27% |
| 2018 | 1,600,147 | 1,808,585 | −208,438 | 15.7 | 34% |
| 2019 | 1,718,263 | 1,767,227 | −48,964 | 15.7 | 36% |
| 2020 | 1,887,301 | 1,965,894 | −78,593 | 13.7 | 25% |
| 2021 | 2,831,843 | 2,263,406 | 568,437 | 14.9 | 16% |
| 2022 | 2,929,507 | 2,273,779 | 655,728 | 18.6 | 34% |
| 2023 | 3,398,540 | 3,289,664 | 108,876 | 12.7 | 28% |
In its most recent public year (2023), this organization brought in $108,876 more than it spent. Its reserves stood at about 12.7 months of spending. Staff pay was 28% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works