Maternity Bvm Credit Union
EIN: 362406571 · Bourbonnais, IL · NTEE: W61Z
| Metric | Value |
|---|---|
| Total Revenue | $472K |
| Total Expenses | $424K |
| Net Assets | $1.5M |
Is Maternity Bvm 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 Maternity Bvm Credit Union
Maternity Bvm Credit Union (EIN: 362406571) is a nonprofit organization based in Bourbonnais, IL, classified under NTEE code W61Z. The organization reported total revenue of $472K and total assets of $12.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maternity Bvm Credit Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maternity Bvm Credit Union is a small nonprofit that has been operating for 69 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $427K |
| Total Expenses | $424K |
| Surplus / Deficit | +$3K |
| Total Assets | $12.6M |
| Total Liabilities | $11.2M |
| Net Assets | $1.5M |
| Operating Margin | 0.6% |
| Debt-to-Asset Ratio | 88.3% |
| Months of Reserves | 357.7 months |
Financial Health Grade: A
In 2023, Maternity Bvm Credit Union reported a surplus of $3K with revenue exceeding expenses, holds 357.7 months of operating reserves (strong position), has a debt-to-asset ratio of 88.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Maternity Bvm Credit Union's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.6% | -3.0% | -6.6% |
| 2022 | +24.0% | +51.4% | +1.1% |
| 2021 | +13.5% | -0.8% | +7.9% |
| 2020 | +0.2% | -6.0% | +4.7% |
| 2019 | +8.7% | +6.0% | +1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1957 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Maternity Bvm 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 Maternity Bvm 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 $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 88.3%.
Frequently Asked Questions about Maternity Bvm Credit Union
Is Maternity Bvm Credit Union a legitimate charity?
Based on AI analysis of IRS 990 filings, Maternity Bvm Credit Union (EIN: 362406571) insufficient data. 0 red flags identified, 0 strengths noted.
How does Maternity Bvm Credit Union spend its money?
Detailed spending breakdown data is not yet available for Maternity Bvm Credit Union. Check back for updated IRS 990 analysis.
Are donations to Maternity Bvm Credit Union tax-deductible?
Maternity Bvm Credit Union is registered as a tax-exempt nonprofit (EIN: 362406571). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Maternity Bvm Credit Union located?
Maternity Bvm Credit Union is headquartered in Bourbonnais, Illinois and files with the IRS under EIN 362406571. It is classified under NTEE code W61Z.
How many years of IRS 990 filings does Maternity Bvm Credit Union have?
Maternity Bvm 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 $472K in total revenue.
Filing History
IRS 990 filing history for Maternity Bvm Credit Union showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maternity Bvm Credit Union's revenue has grown by 29.9%, moving from $328K to $427K. Total assets increased by 23% over the same period, from $10.3M to $12.6M. Total functional expenses rose by 52.3%, from $278K to $424K. In its most recent filing year (2023), Maternity Bvm Credit Union reported a surplus of $3K, with revenue exceeding expenses. The organization holds $11.2M in liabilities against $12.6M in assets (debt-to-asset ratio: 88.3%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $427K | $424K | $12.6M | $11.2M | — | View 990 |
| 2022 | $452K | $437K | $13.5M | $12.1M | — | View 990 |
| 2021 | $364K | $289K | $13.4M | $11.9M | — | View 990 |
| 2020 | $321K | $291K | $12.4M | $11.0M | — | — |
| 2019 | $320K | $310K | $11.8M | $10.5M | — | View 990 |
| 2018 | $295K | $292K | $11.6M | $10.3M | — | View 990 |
| 2017 | $284K | $261K | $11.5M | $10.1M | — | View 990 |
| 2016 | $265K | $255K | $11.3M | $10.0M | — | View 990 |
| 2015 | $263K | $238K | $11.3M | $10.0M | — | View 990 |
| 2014 | $258K | $250K | $11.4M | $10.1M | — | View 990 |
| 2013 | $271K | $254K | $11.4M | $10.1M | — | View 990 |
| 2012 | $293K | $259K | $10.5M | $9.2M | — | View 990 |
| 2011 | $328K | $278K | $10.3M | $9.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $427K, expenses of $424K, and assets of $12.6M (revenue -5.6% year-over-year).
- 2022: Revenue of $452K, expenses of $437K, and assets of $13.5M (revenue +24.0% year-over-year).
- 2021: Revenue of $364K, expenses of $289K, and assets of $13.4M (revenue +13.5% year-over-year).
- 2020: Revenue of $321K, expenses of $291K, and assets of $12.4M (revenue +0.2% year-over-year).
- 2019: Revenue of $320K, expenses of $310K, and assets of $11.8M (revenue +8.7% year-over-year).
- 2018: Revenue of $295K, expenses of $292K, and assets of $11.6M (revenue +3.8% year-over-year).
- 2017: Revenue of $284K, expenses of $261K, and assets of $11.5M (revenue +7.1% year-over-year).
- 2016: Revenue of $265K, expenses of $255K, and assets of $11.3M (revenue +0.6% year-over-year).
- 2015: Revenue of $263K, expenses of $238K, and assets of $11.3M (revenue +2.1% year-over-year).
- 2014: Revenue of $258K, expenses of $250K, and assets of $11.4M (revenue -4.7% year-over-year).
- 2013: Revenue of $271K, expenses of $254K, and assets of $11.4M (revenue -7.7% year-over-year).
- 2012: Revenue of $293K, expenses of $259K, and assets of $10.5M (revenue -10.7% year-over-year).
- 2011: Revenue of $328K, expenses of $278K, and assets of $10.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maternity Bvm Credit Union:
Data Sources and Methodology
This transparency report for Maternity Bvm 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.