Global Credit Union Foundation
Global Credit Union Foundation shows consistent asset growth and zero executive compensation over a decade.
EIN: 200286383 · Anchorage, AK · NTEE: T30 · Updated: 2026-03-28
Is Global Credit Union Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Global Credit Union Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Global Credit Union Foundation
Global Credit Union Foundation (EIN: 200286383) is a nonprofit organization based in Anchorage, AK, classified under NTEE code T30. The organization reported total revenue of $926K and total assets of $793K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Global Credit Union Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Global Credit Union Foundation is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 11.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $517K |
| Total Expenses | $616K |
| Surplus / Deficit | $-99,338 |
| Total Assets | $785K |
| Total Liabilities | $540K |
| Net Assets | $246K |
| Operating Margin | -19.2% |
| Debt-to-Asset Ratio | 68.7% |
| Months of Reserves | 15.3 months |
Financial Health Grade: C
In 2023, Global Credit Union Foundation reported a deficit of $99K with expenses exceeding revenue, holds 15.3 months of operating reserves (strong position), has a debt-to-asset ratio of 68.7% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Global Credit Union Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.5% | -23.5% | +22.5% |
| 2022 | +8.9% | +43.0% | +1.3% |
| 2021 | +50.8% | +81.8% | +50.9% |
| 2020 | +29.7% | -2.4% | +42.5% |
| 2019 | +14.3% | +15.3% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Global Credit Union Foundation with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Global Credit Union Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $99K, with expenses exceeding revenue.
- Debt-to-asset ratio: 68.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly favorable for directing funds to programmatic activities.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Global Credit Union Foundation's IRS 990 filings:
- Significant increase in liabilities in recent years (from $0 in 201909 to $539,551 in 202309)
- Expenses exceeded revenue in the 202309 ($616,074 vs $516,736) and 202209 ($805,402 vs $684,086) periods.
Strengths
The following positive indicators were identified for Global Credit Union Foundation:
- Consistent growth in assets over a decade (from $105,874 in 201409 to $785,083 in 202309)
- 0% officer compensation reported across all available filings, indicating efficient use of funds for mission.
- Strong transparency with 12 consistent IRS 990 filings.
- Significant revenue growth over the past decade, demonstrating increasing support and capacity.
Frequently Asked Questions about Global Credit Union Foundation
Is Global Credit Union Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Global Credit Union Foundation (EIN: 200286383) some concerns. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
How does Global Credit Union Foundation spend its money?
Global Credit Union Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Global Credit Union Foundation tax-deductible?
Global Credit Union Foundation is registered as a tax-exempt nonprofit (EIN: 200286383). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Global Credit Union Foundation a good charity?
Based on the provided data, Global Credit Union Foundation appears to be a good charity. It demonstrates strong financial transparency with consistent IRS 990 filings and reports 0% officer compensation, ensuring funds are not diverted to executive salaries. Its assets have grown significantly over the past decade, indicating financial stability and capacity.
How has the organization's financial health changed over time?
The organization's financial health has generally improved over time, with assets growing from $105,874 in 201409 to $785,083 in 202309. Revenue has also seen substantial growth, from $203,025 in 201409 to $516,736 in 202309, although there have been periods where expenses exceeded revenue, such as in 202309 and 202209.
What is the significance of 0% officer compensation?
0% officer compensation is a significant positive indicator. It means that no salaries or other forms of compensation were paid to the organization's officers, suggesting that leadership may be voluntary or compensated through other means, allowing a greater proportion of funds to be allocated directly to the foundation's programs and mission.
Why did liabilities increase significantly in recent years?
Liabilities increased from $0 in 201909 to $539,551 in 202309. While the specific reasons are not detailed in the provided summary, this significant increase warrants further investigation to understand its nature (e.g., program-related payables, loans, grants payable) and its potential impact on the organization's long-term financial flexibility.
Filing History
IRS 990 filing history for Global Credit Union Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Global Credit Union Foundation's revenue has grown by 241%, moving from $152K to $517K. Total assets increased by 678% over the same period, from $101K to $785K. Total functional expenses rose by 424.3%, from $118K to $616K. In its most recent filing year (2023), Global Credit Union Foundation reported a deficit of $99K, with expenses exceeding revenue. The organization holds $540K in liabilities against $785K in assets (debt-to-asset ratio: 68.7%), resulting in net assets of $246K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $517K | $616K | $785K | $540K | — | View 990 |
| 2022 | $684K | $805K | $641K | $296K | — | View 990 |
| 2021 | $628K | $563K | $633K | $167K | — | View 990 |
| 2020 | $417K | $310K | $419K | $18K | — | View 990 |
| 2019 | $321K | $317K | $294K | $0 | — | View 990 |
| 2018 | $281K | $275K | $291K | $0 | — | View 990 |
| 2017 | $339K | $221K | $285K | $0 | — | View 990 |
| 2016 | $274K | $238K | $168K | $0 | — | View 990 |
| 2015 | $241K | $215K | $132K | $0 | — | View 990 |
| 2014 | $203K | $173K | $106K | $0 | — | View 990 |
| 2013 | $151K | $177K | $75K | $0 | — | View 990 |
| 2012 | $152K | $118K | $101K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $517K, expenses of $616K, and assets of $785K (revenue -24.5% year-over-year).
- 2022: Revenue of $684K, expenses of $805K, and assets of $641K (revenue +8.9% year-over-year).
- 2021: Revenue of $628K, expenses of $563K, and assets of $633K (revenue +50.8% year-over-year).
- 2020: Revenue of $417K, expenses of $310K, and assets of $419K (revenue +29.7% year-over-year).
- 2019: Revenue of $321K, expenses of $317K, and assets of $294K (revenue +14.3% year-over-year).
- 2018: Revenue of $281K, expenses of $275K, and assets of $291K (revenue -17.0% year-over-year).
- 2017: Revenue of $339K, expenses of $221K, and assets of $285K (revenue +23.7% year-over-year).
- 2016: Revenue of $274K, expenses of $238K, and assets of $168K (revenue +13.7% year-over-year).
- 2015: Revenue of $241K, expenses of $215K, and assets of $132K (revenue +18.7% year-over-year).
- 2014: Revenue of $203K, expenses of $173K, and assets of $106K (revenue +34.2% year-over-year).
- 2013: Revenue of $151K, expenses of $177K, and assets of $75K (revenue -0.2% year-over-year).
- 2012: Revenue of $152K, expenses of $118K, and assets of $101K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Global Credit Union Foundation:
Data Sources and Methodology
This transparency report for Global Credit Union Foundation 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.