Credit Unions Chartered In The State Of Wv
EIN: 556021650 · Charleston, WV
| Metric | Value |
|---|---|
| Total Expenses | $261K |
| Net Assets | $6.7M |
Is Credit Unions Chartered In The State Of Wv Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Credit Unions Chartered In The State Of Wv
Credit Unions Chartered In The State Of Wv (EIN: 556021650) is a nonprofit organization based in Charleston, WV. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Credit Unions Chartered In The State Of Wv's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Credit Unions Chartered In The State Of Wv is a small nonprofit, with 4 years of IRS 990 filings on record (2010–2013). Revenue has grown at a compound annual rate of -5.2%.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $278K |
| Total Expenses | $261K |
| Surplus / Deficit | +$17K |
| Total Assets | $6.8M |
| Total Liabilities | $70K |
| Net Assets | $6.7M |
| Operating Margin | 6.2% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 313.5 months |
Financial Health Grade: A
In 2013, Credit Unions Chartered In The State Of Wv reported a surplus of $17K with revenue exceeding expenses, holds 313.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 4 years of filings (2010–2013), Credit Unions Chartered In The State Of Wv's revenue has declined at a compound annual growth rate (CAGR) of -5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | +0.3% | +1.8% | +2.4% |
| 2012 | -9.4% | -17.0% | +1.3% |
| 2011 | -6.3% | -3.6% | +4.6% |
AI Analysis Pending
AI enrichment for Credit Unions Chartered In The State Of Wv 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 Credit Unions Chartered In The State Of Wv 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 (2013)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Credit Unions Chartered In The State Of Wv
Is Credit Unions Chartered In The State Of Wv a legitimate charity?
Credit Unions Chartered In The State Of Wv (EIN: 556021650) is a registered tax-exempt nonprofit based in West Virginia. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Credit Unions Chartered In The State Of Wv spend its money?
Credit Unions Chartered In The State Of Wv reported its financials in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Credit Unions Chartered In The State Of Wv tax-deductible?
Credit Unions Chartered In The State Of Wv is registered as a tax-exempt nonprofit (EIN: 556021650). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Credit Unions Chartered In The State Of Wv located?
Credit Unions Chartered In The State Of Wv is headquartered in Charleston, West Virginia and files with the IRS under EIN 556021650.
How many years of IRS 990 filings does Credit Unions Chartered In The State Of Wv have?
Credit Unions Chartered In The State Of Wv has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Credit Unions Chartered In The State Of Wv showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2010–2013), Credit Unions Chartered In The State Of Wv's revenue has declined by 14.8%, moving from $326K to $278K. Total assets increased by 8.5% over the same period, from $6.3M to $6.8M. Total functional expenses fell by 18.5%, from $320K to $261K. In its most recent filing year (2013), Credit Unions Chartered In The State Of Wv reported a surplus of $17K, with revenue exceeding expenses. The organization holds $70K in liabilities against $6.8M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $6.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $278K | $261K | $6.8M | $70K | — | View 990 |
| 2012 | $277K | $256K | $6.7M | $72K | — | View 990 |
| 2011 | $306K | $309K | $6.6M | $91K | — | View 990 |
| 2010 | $326K | $320K | $6.3M | $93K | — | View 990 |
Year-by-Year Financial Summary
- 2013: Revenue of $278K, expenses of $261K, and assets of $6.8M (revenue +0.3% year-over-year).
- 2012: Revenue of $277K, expenses of $256K, and assets of $6.7M (revenue -9.4% year-over-year).
- 2011: Revenue of $306K, expenses of $309K, and assets of $6.6M (revenue -6.3% year-over-year).
- 2010: Revenue of $326K, expenses of $320K, and assets of $6.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Credit Unions Chartered In The State Of Wv:
Data Sources and Methodology
This transparency report for Credit Unions Chartered In The State Of Wv 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.