Civic Intelligence

Grand Rapids Family Credit Union

990 • Fiscal year 2012 • EIN 38-0593365

Jan 01, 2012 to Dec 31, 2012

Siviq Scores

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

Liabilities / Assets

46th percentile

0.88x

Higher debt load relative to assets than 46% of similar nonprofits.

2012 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2012

Liabilities / Revenue

96th percentile

14.32x

Higher debt load relative to revenue than 96% of similar nonprofits.

2012 filings • $25M-$50M nonprofits • Source year 2012

Net Margin

21st percentile

-18%

Higher net margin than 21% of similar nonprofits.

2012 filings • $25M-$50M nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

66th percentile

5.6%

Faster asset growth than 66% of similar nonprofits.

2012 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Assets

Up

$38,326,031

Up $2,038,027 (+5.6%) from 2011

Net Assets

Down

$4,668,301

Down $411,393 (-8.1%) from 2011

Liabilities

Up

$33,657,730

Up $2,449,420 (+7.8%) from 2011

Revenue

$2,349,728

No earlier filing loaded for comparison.

Expenses

Up

$2,761,121

Up $798,433 (+41%) from 2011

Net Income

-$411,393

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.

$40M$30M$20M$10M$0Assets 2010: $32,519,558Liabilities 2010: $27,697,457Net Assets 2010: $4,822,1012010Assets 2011: $36,288,004Liabilities 2011: $31,208,310Net Assets 2011: $5,079,6942011Assets 2012: $38,326,031Liabilities 2012: $33,657,730Net Assets 2012: $4,668,3012012Assets 2013: $38,256,617Liabilities 2013: $33,964,706Net Assets 2013: $4,291,9112013Assets 2014: $37,071,967Liabilities 2014: $35,316,553Net Assets 2014: $1,755,4142014

Highlighted filing

2012

Assets$38,326,031
Liabilities$33,657,730
Net Assets$4,668,301

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $1,844,4542010Expenses 2011: $1,962,6882011Revenue 2012: $2,349,728Expenses 2012: $2,761,121Net Income 2012: -$411,3932012Revenue 2013: $2,108,926Expenses 2013: $2,485,316Net Income 2013: -$376,3902013Revenue 2014: $1,897,437Expenses 2014: $4,433,934Net Income 2014: -$2,536,4972014

Highlighted filing

2012

Revenue$2,349,728
Expenses$2,761,121
Net Income-$411,393
Filing Detail Status

This 2012 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Mission and Program Overview

Mission

Provide financial services and products to members.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings