1st Choice Credit Union
Atlanta, Georgia
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,398,540↑16% | $3,289,664↑45% | $40,163,724↑4% | |
| 2022 | $2,929,507↑3% | $2,273,779 | $38,566,816↑6% | — |
| 2021 | $2,831,843↑50% | $2,263,406↑15% | $36,322,737↑15% | — |
| 2020 | $1,887,301↑10% | $1,965,894↑11% | $31,721,353↑26% | — |
| 2019 | $1,718,263↑7% | $1,767,227↓2% | $25,155,828↑2% | — |
| 2018 | $1,600,147↑4% | $1,808,585↓1% | $24,777,856↑5% | — |
| 2017 | $1,538,403↑1% | $1,826,407↑24% | $23,545,004↑4% | — |
| 2016 | $1,529,588↓1% | $1,472,604↑2% | $22,736,376↑5% | — |
| 2015 | $1,545,289↓4% | $1,450,102↓11% | $21,569,189↑3% | — |
| 2014 | $1,611,083 | $1,627,247 | $20,991,554↑560% | — |
| 2013 | $0↓100% | $0 | $3,182,910 | — |
| 2012 | $1,001 | $0 | $3,182,910 | — |
| 2011 | $0 | $0 | $3,181,909 | — |
Frequently Asked Questions
What does 1st Choice Credit Union do?▼
1st 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 1st Choice Credit Union financially healthy?▼
Based on our 9-metric Financial Health Score model, 1st 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 1st Choice Credit Union generate?▼
1st Choice Credit Union reports $3.4M in annual revenue and holds $40.2M in total assets, based on IRS filings.
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