Addition Financial Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 109,978,421 | 84,350,076 | 25,628,345 | 35.5 | 38% |
| 2022 | 126,516,804 | 103,558,609 | 22,958,195 | 25.7 | 34% |
| 2023 | 170,511,185 | 164,238,136 | 6,273,049 | 14.9 | 22% |
In its most recent public year (2023), this organization brought in $6,273,049 more than it spent. Its reserves stood at about 14.9 months of spending, down from 35.5 in 2021. 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
Addition Financial 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