Civic Intelligence

American First Credit Union

990 • Fiscal year 2012 • EIN 33-0358683

Jan 01, 2012 to Dec 31, 2012 • Filed on Oct 24, 2013

700 N Harbor Blvd90631
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.92x

Higher debt load relative to assets than 90% of similar nonprofits.

2012 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

4th percentile

-2.0%

Faster asset growth than 4% of similar nonprofits.

2012 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$503,396,963

Down $10,198,314 (-2.0%) from 2011

Net Assets

Up

$39,100,879

Up $2,630,758 (+7.2%) from 2011

Liabilities

Down

$464,296,084

Down $12,829,072 (-2.7%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$22,469,925

Down $5,461,736 (-20%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5B$1.0B$500M$0Assets 2010: $550,898,917Liabilities 2010: $515,020,849Net Assets 2010: $35,878,0682010Assets 2011: $513,595,277Liabilities 2011: $477,125,156Net Assets 2011: $36,470,1212011Assets 2012: $503,396,963Liabilities 2012: $464,296,084Net Assets 2012: $39,100,8792012Assets 2013: $495,836,836Liabilities 2013: $448,837,671Net Assets 2013: $46,999,1652013Assets 2014: $497,684,172Liabilities 2014: $445,085,508Net Assets 2014: $52,598,6642014Assets 2015: $557,237,162Liabilities 2015: $500,898,619Net Assets 2015: $56,338,5432015Assets 2016: $658,176,498Liabilities 2016: $596,975,677Net Assets 2016: $61,200,8212016Assets 2017: $734,890,873Liabilities 2017: $669,031,831Net Assets 2017: $65,859,0422017Assets 2018: $782,981,054Liabilities 2018: $708,204,918Net Assets 2018: $74,776,1362018Assets 2020: $817,836,025Liabilities 2020: $731,554,762Net Assets 2020: $86,281,2632020Assets 2021: $842,360,435Liabilities 2021: $749,055,461Net Assets 2021: $93,304,9742021Assets 2024: $1,001,654,896Liabilities 2024: $907,871,918Net Assets 2024: $93,782,9782024

Highlighted filing

2012

Assets$503,396,963
Liabilities$464,296,084
Net Assets$39,100,879

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0Expenses 2010: $35,823,2482010Expenses 2011: $27,931,6612011Expenses 2012: $22,469,9252012Revenue 2013: $27,337,853Expenses 2013: $18,223,962Net Income 2013: $9,113,8912013Revenue 2014: $23,158,648Expenses 2014: $18,168,895Net Income 2014: $4,989,7532014Revenue 2015: $23,316,024Expenses 2015: $19,431,223Net Income 2015: $3,884,8012015Revenue 2016: $26,641,075Expenses 2016: $21,761,890Net Income 2016: $4,879,1852016Revenue 2017: $29,688,125Expenses 2017: $24,972,375Net Income 2017: $4,715,7502017Revenue 2018: $37,408,974Expenses 2018: $28,880,308Net Income 2018: $8,528,6662018Revenue 2020: $37,159,710Expenses 2020: $33,585,267Net Income 2020: $3,574,4432020Revenue 2021: $36,268,439Expenses 2021: $28,075,649Net Income 2021: $8,192,7902021Revenue 2024: $54,783,936Expenses 2024: $52,857,171Net Income 2024: $1,926,7652024

Highlighted filing

2012

Revenue-
Expenses$22,469,925
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Oct 24, 2013
Return Version
2012v2.1
Gross Receipts
$37,183,090
Mission and Program Overview

Mission

A cooperative, organized for the purpose of promoting thrift andsavings among its members, creating a source of credit for them at rates of interest set by the board of directors, and providing an opportunity for them to use and control their own money on a democratic basis in order to improve their economic and social conditions. As a cooperative, american first credit union conductsits business for the mutual benefit and general welfare of itsmembers with the earnings, savings, benefits, or services of the credit union being distributed to its members as patrons.

Major Activities

Activity 2
Achievement of satisfactory services provided to members in connection with consumer and real estate loans, i.e., auto lines, visa, 1st mortgage and personal lines of credit.
Activity 3
Achievement of satisfactory services provided to members in connection with our long term commitment to help our members reach their financial goals.
Filing and Contact Details

Filer

EIN
33-0358683
Raw XML AppendixShowing 400 of 639 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0FASB ACCOUNTING STANDARDS CODIFICATION 740-10-65, INCOME TAXES, PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE CREDIT UNION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE LIKELY THAN NOT" OF BEING SUSTAINED "WHEN CHALLENGED" OR "WHEN EXAMINED" BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX EXPENSE AND LIABILITY IN THE CURRENT YEAR. FOR THE YEAR ENDED DECEMBER 31, 2012, MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. THE CREDIT UNION IS NOT SUBJECT TO EXAMINATION BY U.S. FEDERAL AND STATE TAX AUTHORITIES FOR TAX YEARS BEFORE 2006.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0PART X, LINE 2:
IRS990ScheduleD/InvestmentsProgramRelated/BookValue022306338
IRS990ScheduleD/InvestmentsProgramRelated/BookValue1258388124
IRS990ScheduleD/InvestmentsProgramRelated/BookValue214151615
IRS990ScheduleD/InvestmentsProgramRelated/BookValue34671784
IRS990ScheduleD/InvestmentsProgramRelated/BookValue4600000
IRS990ScheduleD/InvestmentsProgramRelated/Description0ALL OTHER INVESTMENTS
IRS990ScheduleD/InvestmentsProgramRelated/Description1LOANS AND LEASES
IRS990ScheduleD/InvestmentsProgramRelated/Description2INVESTMENTS HELD FOR SALE
IRS990ScheduleD/InvestmentsProgramRelated/Description3NCUA SHARE INSURANCE CAP DEPOSITS
IRS990ScheduleD/InvestmentsProgramRelated/Description4MEMBERSHIP CAPITAL AT CORP. CUS
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation0F
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation1F
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation2F
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation3F
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation4F
IRS990ScheduleD/Land/BookValue01250000
IRS990ScheduleD/Land/OtherCostOrOtherBasis01250000
IRS990ScheduleD/LeaseholdImprovements/BookValue0328880
IRS990ScheduleD/LeaseholdImprovements/Depreciation0515434
IRS990ScheduleD/LeaseholdImprovements/OtherCostOrOtherBasis0844314
IRS990ScheduleD/OtherLiabilities/Amount0457925095
IRS990ScheduleD/OtherLiabilities/Description0MEMBER SHARE DEPOSITS
IRS990ScheduleD/TotalOfAmounts0457925095
IRS990ScheduleD/TotalOfBookValueLandBuildings03397935
IRS990ScheduleD/TotalOfBookValueProgramRelated0300117861
IRS990ScheduleJ/BoardOrCommitteeApproval0X
IRS990ScheduleJ/CompensationSurvey0X
IRS990ScheduleJ/EquityBasedCompArrangement00
IRS990ScheduleJ/FirstClassOrCharterTravel0X
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg0336755
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg1193753
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg2182678
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg30
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg20
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg30
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs20
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs30
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1,002$908$93.8$54.8$52.9$1.93
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$842$749$93.3$36.3$28.1$8.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$818$732$86.3$37.2$33.6$3.57
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$783$708$74.8$37.4$28.9$8.53
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$735$669$65.9$29.7$25.0$4.72
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$658$597$61.2$26.6$21.8$4.88
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$557$501$56.3$23.3$19.4$3.88
2014Detailed filing. Detailed filing data is available for this year.$498$445$52.6$23.2$18.2$4.99
2013Detailed filing. Detailed filing data is available for this year.$496$449$47.0$27.3$18.2$9.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$503$464$39.1$22.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$514$477$36.5$27.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$551$515$35.9$35.8