ZUnclassifiedEIN: 420670996

Advantage Credit Union

Newton, Iowa

A-Health Score
76A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.05×
Peer Median15.40×
💰
$8.4M
Total Revenue
📊
$7.6M
Total Expenses
🏦
$15.6M
Net Assets
📋
$113.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+68.0%
Year-over-year change (2022 → 2023)
Net Margin
+9.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.05
Net assets divided by total expenses
Liabilities-to-Assets
87.9%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$8,410,93268%$7,590,13163%$129,030,72422%
2022$5,005,66123%$4,642,52771%$105,606,8846%
2021$4,085,4809%$2,714,46134%$99,467,89115%
2020$3,756,8266%$4,134,83256%$86,828,13420%
2019$3,554,9067%$2,658,2917%$72,124,9223%
2018$3,337,1698%$2,478,9142%$70,089,8902%
2017$3,083,9254%$2,534,0053%$68,617,4622%
2016$2,963,5721%$2,465,0538%$67,123,2935%
2015$2,939,6606%$2,282,3079%$63,854,6368%
2014$2,784,5804%$2,099,7701%$59,086,9644%
2013$2,687,2501%$2,118,8066%$56,851,80916%
2011$2,715,411$2,262,692$49,212,059

Frequently Asked Questions

What does Advantage Credit Union do?

Advantage Credit Union is a unclassified nonprofit organization based in Iowa. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Advantage Credit Union financially healthy?

Based on our 9-metric Financial Health Score model, Advantage Credit Union has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Advantage Credit Union generate?

Advantage Credit Union reports $8.8M in annual revenue and holds $102.8M in total assets, based on IRS filings.

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Advantage Credit Union — Newton, IA | GiveScope