Innovations Financial Credit Union
Panama City, Florida
Financial Health Score
Provisional9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 9 peers in Public & Societal Benefit with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
2 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $26,668,120↑19% | $22,311,716↑40% | $428,396,918↑17% | — |
| 2022 | $22,495,868 | $15,947,213 | $367,562,433 | — |
Frequently Asked Questions
What does Innovations Financial Credit Union do?▼
Innovations Financial Credit Union is a public & societal benefit nonprofit organization based in Florida. It is classified under NTEE code W61 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Innovations Financial Credit Union financially healthy?▼
Based on our 9-metric Financial Health Score model, Innovations Financial Credit Union has a score of 61/100 (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 Innovations Financial Credit Union generate?▼
Innovations Financial Credit Union reports $35.3M in annual revenue and holds $615.0M in total assets, based on IRS filings.
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