New Horizon Credit Union
Danville, Illinois
CHealth Score
38C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
⚠ 3-point penalty for stale filing data
💰
$643K
Total Revenue
📊
$715K
Total Expenses
🏦
$1.5M
Net Assets
📋
$14.0M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+2.1%
Year-over-year change (2020 → 2021)
Net Margin
-11.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.04
Net assets divided by total expenses
Liabilities-to-Assets
90.6%
Total liabilities as % of total assets
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2021 | $643,192↑2% | $715,035↑15% | $15,423,967↑9% | — |
| 2020 | $629,667↓4% | $622,470↓5% | $14,178,905↑11% | — |
| 2019 | $658,157↑16% | $655,157↑17% | $12,781,573↑2% | — |
| 2018 | $566,657↑14% | $561,554↑12% | $12,581,028 | — |
| 2017 | $495,559↑7% | $499,652↑3% | $12,587,956 | — |
| 2016 | $463,627↑2% | $484,328 | $12,567,143↑1% | — |
| 2015 | $454,853↓3% | $484,118↓5% | $12,504,472↑3% | — |
| 2014 | $466,682↓2% | $508,937↓6% | $12,087,088↑2% | — |
| 2013 | $473,812↓10% | $542,151↑1% | $11,802,793↑1% | — |
| 2012 | $526,615↓5% | $534,235↓2% | $11,680,712↑10% | — |
| 2011 | $556,381 | $546,055 | $10,644,165 | — |
Frequently Asked Questions
What does New Horizon Credit Union do?▼
New Horizon Credit Union is a public & societal benefit nonprofit organization based in Illinois. It is classified under NTEE code W61 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Horizon Credit Union financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for New Horizon Credit Union.
How much revenue does New Horizon Credit Union generate?▼
New Horizon Credit Union reports $643K in annual revenue and holds $15.4M in total assets, based on IRS filings.
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