Midflorida Credit Union
Lakeland, Florida
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 664 peers in Unclassified with $100M-$1B revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $407,757,981↑30% | $307,709,900↑38% | $7,523,425,888↑14% | |
| 2022 | $312,549,911↑12% | $222,811,814↑31% | $6,612,347,991↑9% | — |
| 2021 | $278,382,544↑10% | $169,567,552↓16% | $6,049,933,825↑18% | — |
| 2020 | $253,930,280↑14% | $201,783,472↑27% | $5,118,967,278↑16% | — |
| 2019 | $222,035,479↑19% | $159,512,531↑9% | $4,422,009,998↑35% | — |
| 2018 | $186,228,628↑18% | $145,756,695↑20% | $3,286,122,495↑8% | — |
| 2017 | $157,382,886↑15% | $121,799,345↑12% | $3,055,514,301↑16% | — |
| 2016 | $137,179,057↑12% | $108,764,994↑11% | $2,641,022,425↑10% | — |
| 2015 | $122,141,357↑4% | $98,418,192↑5% | $2,400,405,607↑15% | — |
| 2014 | $117,364,837↑8% | $93,473,757↑6% | $2,082,659,813↑8% | — |
| 2013 | $108,480,787↑6% | $87,820,276↑3% | $1,936,417,633↑6% | — |
| 2012 | $101,952,146↑2% | $84,875,664↓1% | $1,821,681,208↑14% | — |
| 2011 | $100,257,778 | $85,632,937 | $1,597,448,941 | — |
Frequently Asked Questions
What does Midflorida Credit Union do?▼
Midflorida Credit Union is a unclassified nonprofit organization based in Florida. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Midflorida Credit Union financially healthy?▼
Based on our 9-metric Financial Health Score model, Midflorida Credit Union has a score of 69/100 (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 Midflorida Credit Union generate?▼
Midflorida Credit Union reports $497.2M in annual revenue and holds $8.1B in total assets, based on IRS filings.
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