State Chartered Credit Unions In Florida
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 94,300,981 | 75,891,825 | 18,409,156 | 24.2 | 25% |
| 2021 | 101,413,872 | 64,401,235 | 37,012,637 | 35.4 | 31% |
| 2022 | 110,107,505 | 75,117,641 | 34,989,864 | 35.9 | 30% |
| 2023 | 143,282,205 | 106,325,959 | 36,956,246 | 29.5 | 22% |
In its most recent public year (2023), this organization brought in $36,956,246 more than it spent. Its reserves stood at about 29.5 months of spending, up from 24.2 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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