State Chartered Credit Unions In Louisiana
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,621,451 | 1,649,659 | −28,208 | 21.6 | 0% |
| 2013 | 1,748,565 | 1,830,616 | −82,051 | 18.5 | 40% |
| 2014 | 1,801,032 | 1,727,582 | 73,450 | 20.2 | 42% |
| 2020 | 2,428,694 | 2,093,811 | 334,883 | 28.1 | 50% |
| 2021 | 2,381,546 | 2,019,174 | 362,372 | 31.0 | 47% |
| 2022 | 2,319,892 | 2,380,736 | −60,844 | 24.9 | 38% |
| 2023 | 3,205,936 | 2,689,421 | 516,515 | 25.7 | 37% |
In its most recent public year (2023), this organization brought in $516,515 more than it spent. Its reserves stood at about 25.7 months of spending, up from 21.6 in 2012. Staff pay was 37% 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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