ZUnclassifiedEIN: 596194363

Midflorida Credit Union

Lakeland, Florida

B+Health Score
69B+

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)

This Org2.32×
Peer Median0.87×
💰
$407.8M
Total Revenue
📊
$307.7M
Total Expenses
🏦
$714.5M
Net Assets
📋
$6.8B
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+30.5%
Year-over-year change (2022 → 2023)
Net Margin
+24.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.32
Net assets divided by total expenses
Liabilities-to-Assets
90.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$407,757,98130%$307,709,90038%$7,523,425,88814%
2022$312,549,91112%$222,811,81431%$6,612,347,9919%
2021$278,382,54410%$169,567,55216%$6,049,933,82518%
2020$253,930,28014%$201,783,47227%$5,118,967,27816%
2019$222,035,47919%$159,512,5319%$4,422,009,99835%
2018$186,228,62818%$145,756,69520%$3,286,122,4958%
2017$157,382,88615%$121,799,34512%$3,055,514,30116%
2016$137,179,05712%$108,764,99411%$2,641,022,42510%
2015$122,141,3574%$98,418,1925%$2,400,405,60715%
2014$117,364,8378%$93,473,7576%$2,082,659,8138%
2013$108,480,7876%$87,820,2763%$1,936,417,6336%
2012$101,952,1462%$84,875,6641%$1,821,681,20814%
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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