Alexandria School Employees Credit Union
EIN: 410856059 · Alexandria, MN
| Metric | Value |
|---|---|
| Total Revenue | $380K |
| Total Expenses | $296K |
| Net Assets | $8.8M |
Is Alexandria School Employees Credit Union Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alexandria School Employees Credit Union
Alexandria School Employees Credit Union (EIN: 410856059) is a nonprofit organization based in Alexandria, MN. The organization reported total revenue of $380K and total assets of $8.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alexandria School Employees Credit Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alexandria School Employees Credit Union is a small nonprofit that has been operating for 82 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $341K |
| Total Expenses | $296K |
| Surplus / Deficit | +$45K |
| Total Assets | $8.8M |
| Net Assets | $8.8M |
| Operating Margin | 13.2% |
| Months of Reserves | 358.3 months |
Financial Health Grade: A
In 2023, Alexandria School Employees Credit Union reported a surplus of $45K with revenue exceeding expenses, holds 358.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Alexandria School Employees Credit Union's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.3% | +46.3% | +2.5% |
| 2022 | +6.5% | +7.8% | +7.5% |
| 2021 | +21.3% | +5.1% | +8.0% |
| 2020 | +15.6% | +25.7% | +30.9% |
| 2019 | +17.3% | +23.7% | +21.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1944 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alexandria School Employees Credit Union has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alexandria School Employees Credit Union with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $45K, with revenue exceeding expenses.
Frequently Asked Questions about Alexandria School Employees Credit Union
Is Alexandria School Employees Credit Union a legitimate charity?
Alexandria School Employees Credit Union (EIN: 410856059) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $380K. No red flags identified. Financial health grade: A.
How does Alexandria School Employees Credit Union spend its money?
Alexandria School Employees Credit Union reported $380K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Alexandria School Employees Credit Union tax-deductible?
Alexandria School Employees Credit Union is registered as a tax-exempt nonprofit (EIN: 410856059). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alexandria School Employees Credit Union located?
Alexandria School Employees Credit Union is headquartered in Alexandria, Minnesota and files with the IRS under EIN 410856059.
How many years of IRS 990 filings does Alexandria School Employees Credit Union have?
Alexandria School Employees Credit Union has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $380K in total revenue.
Filing History
IRS 990 filing history for Alexandria School Employees Credit Union showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Alexandria School Employees Credit Union's revenue has grown by 139.2%, moving from $142K to $341K. Total assets increased by 111.1% over the same period, from $4.2M to $8.8M. Total functional expenses rose by 154.5%, from $116K to $296K. In its most recent filing year (2023), Alexandria School Employees Credit Union reported a surplus of $45K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $341K | $296K | $8.8M | $0 | — | View 990 |
| 2022 | $263K | $202K | $8.6M | $0 | — | — |
| 2021 | $247K | $187K | $8.0M | $0 | — | — |
| 2020 | $204K | $178K | $7.4M | $0 | — | — |
| 2019 | $176K | $142K | $5.7M | $0 | — | View 990 |
| 2018 | $150K | $115K | $4.7M | $0 | — | View 990 |
| 2017 | $125K | $110K | $4.2M | $0 | — | View 990 |
| 2016 | $117K | $103K | $4.0M | $0 | — | View 990 |
| 2015 | $116K | $105K | $4.1M | $0 | — | View 990 |
| 2014 | $115K | $104K | $4.1M | $0 | — | — |
| 2013 | $120K | $99K | $4.1M | $0 | — | View 990 |
| 2012 | $129K | $102K | $4.2M | $0 | — | View 990 |
| 2011 | $142K | $116K | $4.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $341K, expenses of $296K, and assets of $8.8M (revenue +29.3% year-over-year).
- 2022: Revenue of $263K, expenses of $202K, and assets of $8.6M (revenue +6.5% year-over-year).
- 2021: Revenue of $247K, expenses of $187K, and assets of $8.0M (revenue +21.3% year-over-year).
- 2020: Revenue of $204K, expenses of $178K, and assets of $7.4M (revenue +15.6% year-over-year).
- 2019: Revenue of $176K, expenses of $142K, and assets of $5.7M (revenue +17.3% year-over-year).
- 2018: Revenue of $150K, expenses of $115K, and assets of $4.7M (revenue +19.9% year-over-year).
- 2017: Revenue of $125K, expenses of $110K, and assets of $4.2M (revenue +7.1% year-over-year).
- 2016: Revenue of $117K, expenses of $103K, and assets of $4.0M (revenue +0.6% year-over-year).
- 2015: Revenue of $116K, expenses of $105K, and assets of $4.1M (revenue +1.5% year-over-year).
- 2014: Revenue of $115K, expenses of $104K, and assets of $4.1M (revenue -4.7% year-over-year).
- 2013: Revenue of $120K, expenses of $99K, and assets of $4.1M (revenue -6.7% year-over-year).
- 2012: Revenue of $129K, expenses of $102K, and assets of $4.2M (revenue -9.5% year-over-year).
- 2011: Revenue of $142K, expenses of $116K, and assets of $4.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alexandria School Employees Credit Union:
Data Sources and Methodology
This transparency report for Alexandria School Employees Credit Union is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.