Leaders Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 41,046,315 | 32,607,133 | 8,439,182 | 22.0 | 37% |
| 2021 | 47,507,703 | 34,969,738 | 12,537,965 | 24.9 | 38% |
| 2022 | 54,522,507 | 41,532,904 | 12,989,603 | 26.7 | 34% |
| 2023 | 75,354,463 | 60,458,045 | 14,896,418 | 21.3 | 24% |
In its most recent public year (2023), this organization brought in $14,896,418 more than it spent. Its reserves stood at about 21.3 months of spending. Staff pay was 24% 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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