Federal Employees Credit Union
EIN: 420721276 · Des Moines, IA
| Metric | Value |
|---|---|
| Total Expenses | $1.1M |
| Net Assets | $1.8M |
Is Federal 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 Federal Employees Credit Union
Federal Employees Credit Union (EIN: 420721276) is a nonprofit organization based in Des Moines, IA. 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 Federal Employees Credit Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Federal Employees Credit Union is a mid-size nonprofit.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-89,666 |
| Total Assets | $18.3M |
| Total Liabilities | $16.5M |
| Net Assets | $1.8M |
| Operating Margin | -8.8% |
| Debt-to-Asset Ratio | 90.1% |
| Months of Reserves | 198.8 months |
Financial Health Grade: C
In 2011, Federal Employees Credit Union reported a deficit of $90K with expenses exceeding revenue, holds 198.8 months of operating reserves (strong position), has a debt-to-asset ratio of 90.1% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Federal 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 Federal 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 (2011)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $90K, with expenses exceeding revenue.
- Debt-to-asset ratio: 90.1%.
Frequently Asked Questions about Federal Employees Credit Union
Is Federal Employees Credit Union a legitimate charity?
Federal Employees Credit Union (EIN: 420721276) is a registered tax-exempt nonprofit based in Iowa. No red flags identified. Financial health grade: C.
How does Federal Employees Credit Union spend its money?
Federal Employees Credit Union reported its financials in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Federal Employees Credit Union tax-deductible?
Federal Employees Credit Union is registered as a tax-exempt nonprofit (EIN: 420721276). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Federal Employees Credit Union located?
Federal Employees Credit Union is headquartered in Des Moines, Iowa and files with the IRS under EIN 420721276.
Filing History
IRS 990 filing history for Federal Employees Credit Union showing financial trends over 1 year of public records:
In its most recent filing year (2011), Federal Employees Credit Union reported a deficit of $90K, with expenses exceeding revenue. The organization holds $16.5M in liabilities against $18.3M in assets (debt-to-asset ratio: 90.1%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2011 | $1.0M | $1.1M | $18.3M | $16.5M | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Federal Employees Credit Union:
Data Sources and Methodology
This transparency report for Federal 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.