State Chartered Credit Unions In Louisiana
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 40,054 | 51,968 | −11,914 | 88.2 | 34% |
| 2020 | 69,873 | 69,782 | 91 | 65.7 | 25% |
| 2021 | 55,995 | 55,966 | 29 | 81.9 | 37% |
| 2022 | 42,012 | 41,665 | 347 | 108.4 | 56% |
| 2023 | 67,778 | 33,659 | 34,119 | 141.2 | 63% |
In its most recent public year (2023), this organization brought in $34,119 more than it spent. Its reserves stood at about 141.2 months of spending, up from 88.2 in 2019. Staff pay was 63% 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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