Financial Horizons Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,118,310 | 5,753,479 | 1,364,831 | 26.9 | 27% |
| 2012 | 6,702,397 | 5,846,122 | 856,275 | 28.0 | 28% |
| 2013 | 6,275,931 | 5,153,665 | 1,122,266 | 31.1 | 33% |
| 2014 | 6,256,587 | 5,004,604 | 1,251,983 | 37.1 | 35% |
| 2015 | 6,365,660 | 5,251,001 | 1,114,659 | 37.7 | 35% |
| 2016 | 6,959,991 | 5,581,790 | 1,378,201 | 37.4 | 34% |
| 2017 | 7,543,600 | 6,089,563 | 1,454,037 | 37.1 | 33% |
| 2018 | 8,286,534 | 6,426,665 | 1,859,869 | 37.9 | 35% |
| 2019 | 8,573,703 | 6,600,282 | 1,973,421 | 43.1 | 30% |
| 2020 | 8,084,971 | 6,638,311 | 1,446,660 | 47.5 | 32% |
| 2021 | 8,770,455 | 6,630,124 | 2,140,331 | 46.9 | 33% |
| 2022 | 10,449,697 | 7,430,584 | 3,019,113 | 18.2 | 31% |
| 2023 | 12,765,860 | 9,510,765 | 3,255,095 | 21.7 | 28% |
In its most recent public year (2023), this organization brought in $3,255,095 more than it spent. Its reserves stood at about 21.7 months of spending, down from 26.9 in 2011. Staff pay was 28% 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
Financial Horizons Credit Union's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works