State Chartered Credit Unions In Florida
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 110,898,812 | 84,736,410 | 26,162,402 | 38.2 | 26% |
| 2021 | 122,435,815 | 76,895,517 | 45,540,298 | 49.1 | 32% |
| 2022 | 133,374,128 | 89,767,125 | 43,607,003 | 45.3 | 30% |
| 2023 | 167,249,104 | 135,322,043 | 31,927,061 | 32.7 | 22% |
In its most recent public year (2023), this organization brought in $31,927,061 more than it spent. Its reserves stood at about 32.7 months of spending, down from 38.2 in 2020. Staff pay was 22% 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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