Northern Lights Federal Credit Union
Northern Lights FCU: Consistent Growth, Zero Charitable Contributions
EIN: 222610462 · Littleton, NH · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $1.1M |
| Program Spending | 90% |
| Net Assets | $2.0M |
| Transparency Score | 70/100 |
Is Northern Lights Federal Credit Union Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northern Lights Federal Credit Union directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Northern Lights Federal Credit Union
Northern Lights Federal Credit Union (EIN: 222610462) is a nonprofit organization based in Littleton, NH. 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 Northern Lights Federal Credit Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northern Lights Federal Credit Union is a mid-size nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2013–2016). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$83K |
| Total Assets | $20.3M |
| Total Liabilities | $18.4M |
| Net Assets | $2.0M |
| Operating Margin | 6.9% |
| Debt-to-Asset Ratio | 90.3% |
| Months of Reserves | 219.1 months |
Financial Health Grade: A
In 2016, Northern Lights Federal Credit Union reported a surplus of $83K with revenue exceeding expenses, holds 219.1 months of operating reserves (strong position), has a debt-to-asset ratio of 90.3% (high leverage).
Financial Trends
Over 4 years of filings (2013–2016), Northern Lights Federal Credit Union's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +1.4% | +4.2% | +3.6% |
| 2015 | +0.3% | -1.2% | +7.3% |
| 2014 | +1.3% | +2.5% | -0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
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 Northern Lights Federal Credit Union with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Northern Lights Federal Credit Union allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $83K, with revenue exceeding expenses.
- Debt-to-asset ratio: 90.3%.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific data on salaries and benefits for key personnel, which is not provided in the given filings.
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 Northern Lights Federal Credit Union's IRS 990 filings:
- Lack of detailed program spending breakdown makes it difficult to assess direct impact.
- Zero charitable contributions reported, which is unusual for an organization with 'Federal Credit Union' in its name, suggesting a focus purely on member services rather than broader community giving.
Strengths
The following positive indicators were identified for Northern Lights Federal Credit Union:
- Consistent revenue and asset growth over the four-year period.
- Low administrative and fundraising overhead assumed given the nature of a credit union and lack of specific charitable activities.
Frequently Asked Questions about Northern Lights Federal Credit Union
Is Northern Lights Federal Credit Union a legitimate charity?
Northern Lights Federal Credit Union (EIN: 222610462) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 70/100. It has 4 years of IRS 990 filings on record. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does Northern Lights Federal Credit Union spend its money?
Northern Lights Federal Credit Union directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Northern Lights Federal Credit Union tax-deductible?
Northern Lights Federal Credit Union is registered as a tax-exempt nonprofit (EIN: 222610462). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Northern Lights Federal Credit Union's spending goes to programs?
Northern Lights Federal Credit Union directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Northern Lights Federal Credit Union located?
Northern Lights Federal Credit Union is headquartered in Littleton, New Hampshire and files with the IRS under EIN 222610462.
How many years of IRS 990 filings does Northern Lights Federal Credit Union have?
Northern Lights Federal Credit Union has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
What does Northern Lights Federal Credit Union do?
Northern Lights Federal Credit Union is a nonprofit organization in the Unknown sector, located in Littleton, New Hampshire. It is classified under NTEE code Unknown.
How much revenue does Northern Lights Federal Credit Union have?
Northern Lights Federal Credit Union reported total revenue of N/A. Based on 4 IRS 990 filings on record.
What are Northern Lights Federal Credit Union's total assets?
Northern Lights Federal Credit Union holds total assets of N/A as reported in IRS 990 filings.
Where is Northern Lights Federal Credit Union located?
Northern Lights Federal Credit Union is based in Littleton, New Hampshire.
What is Northern Lights Federal Credit Union's EIN?
Northern Lights Federal Credit Union's Employer Identification Number (EIN) is 222610462. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Northern Lights Federal Credit Union?
Northern Lights Federal Credit Union is classified under NTEE code Unknown (Unknown).
Is Northern Lights Federal Credit Union a registered 501(c)(3)?
Northern Lights Federal Credit Union appears in IRS records (EIN: 222610462). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Northern Lights Federal Credit Union file IRS Form 990?
Yes, Northern Lights Federal Credit Union has 4 IRS Form 990 filings on record. The most recent covers tax period 201612.
What was Northern Lights Federal Credit Union's revenue in 2016?
In the 201612 filing period, Northern Lights Federal Credit Union reported total revenue of $1,197,075, total expenses of $1,114,392, and net assets of $20,349,374.
Is Northern Lights Federal Credit Union's revenue growing or declining?
Northern Lights Federal Credit Union's revenue is relatively stable. Revenue went from $1,180,207 (201512) to $1,197,075 (201612), a +1.4% change. Based on 4 filings on record.
What is Northern Lights Federal Credit Union's most recent 990 filing?
The most recent IRS Form 990 filing for Northern Lights Federal Credit Union covers tax period 201612. It shows revenue of $1,197,075, expenses of $1,114,392, total assets of $20,349,374, and liabilities of $18,370,708.
How much does Northern Lights Federal Credit Union spend on programs vs administration?
Based on IRS 990 analysis, Northern Lights Federal Credit Union allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Northern Lights Federal Credit Union a trustworthy charity?
Based on AI analysis of IRS 990 data, Northern Lights Federal Credit Union appears trustworthy. Mission Score: 70/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Northern Lights Federal Credit Union?
The following concerns were identified: Lack of detailed program spending breakdown makes it difficult to assess direct impact.. Zero charitable contributions reported, which is unusual for an organization with 'Federal Credit Union' in its name, suggesting a focus purely on member services rather than broader community giving.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Northern Lights Federal Credit Union's strengths?
Positive indicators for Northern Lights Federal Credit Union include: Consistent revenue and asset growth over the four-year period.. Low administrative and fundraising overhead assumed given the nature of a credit union and lack of specific charitable activities.. These findings are derived from AI analysis of the organization's financial filings.
How does Northern Lights Federal Credit Union compensate executives?
Executive compensation cannot be assessed without specific data on salaries and benefits for key personnel, which is not provided in the given filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'Federal Credit Union' designation, what specific community benefit programs or initiatives does Northern Lights FCU engage in, beyond standard banking services, to justify its nonprofit status?
The provided data does not detail specific community benefit programs. The 'c0%' for charitable contributions across all years suggests that any community benefit is likely indirect through member services rather than direct philanthropic activities.
Filing History
IRS 990 filing history for Northern Lights Federal Credit Union showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2013–2016), Northern Lights Federal Credit Union's revenue has grown by 3%, moving from $1.2M to $1.2M. Total assets increased by 10.7% over the same period, from $18.4M to $20.3M. Total functional expenses rose by 5.5%, from $1.1M to $1.1M. In its most recent filing year (2016), Northern Lights Federal Credit Union reported a surplus of $83K, with revenue exceeding expenses. The organization holds $18.4M in liabilities against $20.3M in assets (debt-to-asset ratio: 90.3%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $1.2M | $1.1M | $20.3M | $18.4M | — | — |
| 2015 | $1.2M | $1.1M | $19.6M | $17.7M | — | View 990 |
| 2014 | $1.2M | $1.1M | $18.3M | $16.5M | — | View 990 |
| 2013 | $1.2M | $1.1M | $18.4M | $16.7M | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $1.2M, expenses of $1.1M, and assets of $20.3M (revenue +1.4% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $19.6M (revenue +0.3% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.1M, and assets of $18.3M (revenue +1.3% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.1M, and assets of $18.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northern Lights Federal Credit Union:
Data Sources and Methodology
This transparency report for Northern Lights Federal 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.