State Chartered Credit Unions In Florida
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 13,391,332 | 11,909,286 | 1,482,046 | 33.4 | 26% |
| 2021 | 15,445,719 | 12,136,041 | 3,309,678 | 36.0 | 36% |
| 2022 | 15,811,179 | 13,250,093 | 2,561,086 | 35.5 | 29% |
| 2023 | 19,290,973 | 15,749,063 | 3,541,910 | 32.2 | 29% |
In its most recent public year (2023), this organization brought in $3,541,910 more than it spent. Its reserves stood at about 32.2 months of spending, down from 33.4 in 2020. Staff pay was 29% 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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