W โ€” Public & Societal BenefitEIN: 586035220ยท Ruling Year: 2019

1 St Choice Credit Union

Atlanta, Georgia

B+Health Score
70B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$3.4M
Total Revenue
๐Ÿ“Š
$3.3M
Total Expenses
๐Ÿฆ
$3.5M
Net Assets
๐Ÿ“‹
$36.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+16.0%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+3.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.06
Net assets divided by total expenses
Liabilities-to-Assets
91.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,398,540โ†‘16%$3,289,664โ†‘45%$40,163,724โ†‘4%
2022$2,929,507โ†‘3%$2,273,779$38,566,816โ†‘6%
2021$2,831,843โ†‘50%$2,263,406โ†‘15%$36,322,737โ†‘15%
2020$1,887,301โ†‘10%$1,965,894โ†‘11%$31,721,353โ†‘26%
2019$1,718,263โ†‘7%$1,767,227โ†“2%$25,155,828โ†‘2%
2018$1,600,147โ†‘4%$1,808,585โ†“1%$24,777,856โ†‘5%
2017$1,538,403โ†‘1%$1,826,407โ†‘24%$23,545,004โ†‘4%
2016$1,529,588โ†“1%$1,472,604โ†‘2%$22,736,376โ†‘5%
2015$1,545,289โ†“4%$1,450,102โ†“11%$21,569,189โ†‘3%
2014$1,611,083$1,627,247$20,991,554โ†‘560%
2013$0โ†“100%$0$3,182,910
2012$1,001$0$3,182,910
2011$0$0$3,181,909

Frequently Asked Questions

What does 1 St Choice Credit Union do?โ–ผ

1 St Choice Credit Union is a public & societal benefit nonprofit organization based in Georgia. It is classified under NTEE code W61 and is registered as a 501(c) tax-exempt organization with the IRS.

Is 1 St Choice Credit Union financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, 1 St Choice Credit Union has a score of 70/100 (Grade: B+). 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 1 St Choice Credit Union generate?โ–ผ

1 St Choice Credit Union reports $3.4M in annual revenue and holds $40.2M in total assets, based on IRS filings.

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1 St Choice Credit Union โ€” Atlanta, GA | GiveScope