Mobile Educators Credit Union
EIN: 630458217 · Mobile, AL
| Metric | Value |
|---|---|
| Total Revenue | $4.4M |
| Total Expenses | $3.2M |
| Net Assets | $11.2M |
Is Mobile Educators 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 Mobile Educators Credit Union
Mobile Educators Credit Union (EIN: 630458217) is a nonprofit organization based in Mobile, AL. The organization reported total revenue of $4.4M and total assets of $109.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mobile Educators Credit Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mobile Educators Credit Union is a mid-size nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.1M |
| Total Expenses | $3.2M |
| Surplus / Deficit | +$917K |
| Total Assets | $108.4M |
| Total Liabilities | $97.2M |
| Net Assets | $11.2M |
| Operating Margin | 22.4% |
| Debt-to-Asset Ratio | 89.7% |
| Months of Reserves | 409.8 months |
Financial Health Grade: A
In 2023, Mobile Educators Credit Union reported a surplus of $917K with revenue exceeding expenses, holds 409.8 months of operating reserves (strong position), has a debt-to-asset ratio of 89.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mobile Educators Credit Union's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.9% | +18.8% | -1.8% |
| 2022 | +13.4% | +2.5% | -0.2% |
| 2021 | -4.5% | +1.4% | +10.7% |
| 2020 | -12.8% | -3.8% | +15.7% |
| 2019 | +4.3% | +3.0% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1967 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mobile Educators 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 Mobile Educators 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 $917K, with revenue exceeding expenses.
- Debt-to-asset ratio: 89.7%.
Frequently Asked Questions about Mobile Educators Credit Union
Is Mobile Educators Credit Union a legitimate charity?
Mobile Educators Credit Union (EIN: 630458217) is a registered tax-exempt nonprofit based in Alabama. It has 13 years of IRS 990 filings on record. Total revenue: $4.4M. No red flags identified. Financial health grade: A.
How does Mobile Educators Credit Union spend its money?
Mobile Educators Credit Union reported $4.4M 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 Mobile Educators Credit Union tax-deductible?
Mobile Educators Credit Union is registered as a tax-exempt nonprofit (EIN: 630458217). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mobile Educators Credit Union located?
Mobile Educators Credit Union is headquartered in Mobile, Alabama and files with the IRS under EIN 630458217.
How many years of IRS 990 filings does Mobile Educators Credit Union have?
Mobile Educators 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 $4.4M in total revenue.
Filing History
IRS 990 filing history for Mobile Educators Credit Union showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mobile Educators Credit Union's revenue has grown by 15.1%, moving from $3.6M to $4.1M. Total assets increased by 56.3% over the same period, from $69.4M to $108.4M. Total functional expenses fell by 8.7%, from $3.5M to $3.2M. In its most recent filing year (2023), Mobile Educators Credit Union reported a surplus of $917K, with revenue exceeding expenses. The organization holds $97.2M in liabilities against $108.4M in assets (debt-to-asset ratio: 89.7%), resulting in net assets of $11.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.1M | $3.2M | $108.4M | $97.2M | — | View 990 |
| 2022 | $3.2M | $2.7M | $110.4M | $100.2M | — | View 990 |
| 2021 | $2.8M | $2.6M | $110.6M | $100.3M | — | View 990 |
| 2020 | $3.0M | $2.6M | $99.9M | $89.7M | — | — |
| 2019 | $3.4M | $2.7M | $86.4M | $76.7M | — | View 990 |
| 2018 | $3.2M | $2.6M | $85.5M | $76.8M | — | View 990 |
| 2017 | $3.0M | $2.7M | $82.9M | $74.7M | — | View 990 |
| 2016 | $3.1M | $2.7M | $79.5M | $71.5M | — | View 990 |
| 2015 | $3.0M | $2.8M | $76.8M | $69.1M | — | View 990 |
| 2014 | $3.0M | $2.7M | $76.1M | $68.6M | — | View 990 |
| 2013 | $3.1M | $2.9M | $74.6M | $67.4M | — | View 990 |
| 2012 | $3.4M | $3.2M | $71.7M | $64.6M | — | View 990 |
| 2011 | $3.6M | $3.5M | $69.4M | $62.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.1M, expenses of $3.2M, and assets of $108.4M (revenue +27.9% year-over-year).
- 2022: Revenue of $3.2M, expenses of $2.7M, and assets of $110.4M (revenue +13.4% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.6M, and assets of $110.6M (revenue -4.5% year-over-year).
- 2020: Revenue of $3.0M, expenses of $2.6M, and assets of $99.9M (revenue -12.8% year-over-year).
- 2019: Revenue of $3.4M, expenses of $2.7M, and assets of $86.4M (revenue +4.3% year-over-year).
- 2018: Revenue of $3.2M, expenses of $2.6M, and assets of $85.5M (revenue +7.2% year-over-year).
- 2017: Revenue of $3.0M, expenses of $2.7M, and assets of $82.9M (revenue -0.8% year-over-year).
- 2016: Revenue of $3.1M, expenses of $2.7M, and assets of $79.5M (revenue +2.0% year-over-year).
- 2015: Revenue of $3.0M, expenses of $2.8M, and assets of $76.8M (revenue -1.6% year-over-year).
- 2014: Revenue of $3.0M, expenses of $2.7M, and assets of $76.1M (revenue -3.3% year-over-year).
- 2013: Revenue of $3.1M, expenses of $2.9M, and assets of $74.6M (revenue -8.1% year-over-year).
- 2012: Revenue of $3.4M, expenses of $3.2M, and assets of $71.7M (revenue -3.7% year-over-year).
- 2011: Revenue of $3.6M, expenses of $3.5M, and assets of $69.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mobile Educators Credit Union:
Data Sources and Methodology
This transparency report for Mobile Educators 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.