State Chartered Credit Unions In Florida
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 28,708,267 | 27,037,225 | 1,671,042 | 23.9 | 32% |
| 2021 | 29,660,051 | 26,262,561 | 3,397,490 | 25.6 | 37% |
| 2022 | 42,283,714 | 34,944,125 | 7,339,589 | 18.1 | 34% |
| 2023 | 44,325,216 | 44,310,893 | 14,323 | 13.6 | 22% |
In its most recent public year (2023), this organization brought in $14,323 more than it spent. Its reserves stood at about 13.6 months of spending, down from 23.9 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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