Marion And Polk Schools Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 53,643,884 | 40,208,076 | 13,435,808 | 28.7 | 38% |
| 2021 | 55,245,201 | 42,850,929 | 12,394,272 | 30.3 | 38% |
| 2022 | 64,626,460 | 48,309,555 | 16,316,905 | 30.0 | 38% |
| 2023 | 76,028,615 | 62,208,074 | 13,820,541 | 26.4 | 30% |
In its most recent public year (2023), this organization brought in $13,820,541 more than it spent. Its reserves stood at about 26.4 months of spending, down from 28.7 in 2020. Staff pay was 30% 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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