Civic Intelligence

Tropical Financial Credit Union

990 • Fiscal year 2017 • EIN 59-0637653

Jan 01, 2017 to Dec 31, 2017

Organization Profilewww.tropicalfcu.org
Miramar, FL
Siviq Scores

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

Liabilities / Assets

74th percentile

0.91x

Higher debt load relative to assets than 74% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2017

Liabilities / Revenue

66th percentile

19.35x

Higher debt load relative to revenue than 66% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2017

Net Margin

14th percentile

5.6%

Higher net margin than 14% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

59th percentile

6.3%

Faster asset growth than 59% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2016 to 2017

Revenue Growth

30th percentile

5.6%

Faster revenue growth than 30% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$695,682,941

Up $40,982,989 (+6.3%) from 2016

Net Assets

Up

$63,401,087

Up $9,770,722 (+18%) from 2016

Liabilities

Up

$632,281,854

Up $31,212,267 (+5.2%) from 2016

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin14th percentile

Revenue

Up

$32,683,983

Up $1,734,055 (+5.6%) from 2016

Expenses

Up

$30,845,005

Up $3,259,620 (+12%) from 2016

Net Income

Down

$1,838,978

Down $1,525,565 (-45%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth59th percentile

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

$1.0B$500M$0Assets 2010: $585,172,463Liabilities 2010: $542,193,903Net Assets 2010: $42,978,5602010Assets 2011: $561,956,239Liabilities 2011: $519,943,175Net Assets 2011: $42,013,0642011Assets 2012: $546,864,694Liabilities 2012: $503,821,279Net Assets 2012: $43,043,4152012Assets 2013: $537,812,282Liabilities 2013: $496,445,373Net Assets 2013: $41,366,9092013Assets 2014: $546,930,692Liabilities 2014: $501,666,032Net Assets 2014: $45,264,6602014Assets 2015: $587,455,026Liabilities 2015: $537,173,949Net Assets 2015: $50,281,0772015Assets 2016: $654,699,952Liabilities 2016: $601,069,587Net Assets 2016: $53,630,3652016Assets 2017: $695,682,941Liabilities 2017: $632,281,854Net Assets 2017: $63,401,0872017Assets 2018: $692,247,352Liabilities 2018: $627,786,883Net Assets 2018: $64,460,4692018Assets 2019: $741,330,595Liabilities 2019: $672,956,299Net Assets 2019: $68,374,2962019Assets 2020: $877,665,521Liabilities 2020: $805,547,914Net Assets 2020: $72,117,6072020Assets 2021: $964,049,184Liabilities 2021: $883,427,570Net Assets 2021: $80,621,6142021Assets 2022: $988,133,882Liabilities 2022: $899,462,575Net Assets 2022: $88,671,3072022Assets 2023: $966,643,260Liabilities 2023: $878,502,134Net Assets 2023: $88,141,1262023Assets 2024: $983,932,608Liabilities 2024: $897,818,202Net Assets 2024: $86,114,4062024

Highlighted filing

2017

Assets$695,682,941
Liabilities$632,281,854
Net Assets$63,401,087
Open 2017 Filing

Operations Trend

Revenue Growth30th percentile

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

$80M$60M$40M$20M$0-$20MExpenses 2010: $49,823,4082010Expenses 2011: $34,853,7952011Expenses 2012: $31,142,2852012Revenue 2013: $29,365,766Expenses 2013: $28,284,345Net Income 2013: $1,081,4212013Revenue 2014: $29,898,011Expenses 2014: $26,102,199Net Income 2014: $3,795,8122014Revenue 2015: $29,878,163Expenses 2015: $25,880,114Net Income 2015: $3,998,0492015Revenue 2016: $30,949,928Expenses 2016: $27,585,385Net Income 2016: $3,364,5432016Revenue 2017: $32,683,983Expenses 2017: $30,845,005Net Income 2017: $1,838,9782017Revenue 2018: $35,045,778Expenses 2018: $31,710,706Net Income 2018: $3,335,0722018Revenue 2019: $37,749,643Expenses 2019: $34,273,487Net Income 2019: $3,476,1562019Revenue 2020: $39,847,442Expenses 2020: $36,907,258Net Income 2020: $2,940,1842020Revenue 2021: $39,741,302Expenses 2021: $32,900,462Net Income 2021: $6,840,8402021Revenue 2022: $45,945,135Expenses 2022: $39,097,914Net Income 2022: $6,847,2212022Revenue 2023: $57,048,631Expenses 2023: $56,247,025Net Income 2023: $801,6062023Revenue 2024: $59,909,438Expenses 2024: $62,509,393Net Income 2024: -$2,599,9552024

Highlighted filing

2017

Revenue$32,683,983
Expenses$30,845,005
Net Income$1,838,978
Open 2017 Filing
Filing Detail Status

This 2017 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Mission and Program Overview

Mission

Tropical financial credit union is a not for profit financial cooperative, providing member owners with valuable products, services and education to help them achieve their goals.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$695,682,941
Liabilities
$632,281,854
Net assets
$63,401,087
Revenue
$32,683,983
Expenses
$30,845,005
Net income
$1,838,978
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$984$898$86.1$59.9$62.5$2.60
2023Summary only. Only limited summary data is available for this year.$967$879$88.1$57.0$56.2$0.80
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$988$899$88.7$45.9$39.1$6.85
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$964$883$80.6$39.7$32.9$6.84
2020Summary only. Only limited summary data is available for this year.$878$806$72.1$39.8$36.9$2.94
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$741$673$68.4$37.7$34.3$3.48
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$692$628$64.5$35.0$31.7$3.34
2017Summary only. Only limited summary data is available for this year.$696$632$63.4$32.7$30.8$1.84
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$655$601$53.6$30.9$27.6$3.36
2015Detailed filing. Detailed filing data is available for this year.$587$537$50.3$29.9$25.9$4.00
2014Detailed filing. Detailed filing data is available for this year.$547$502$45.3$29.9$26.1$3.80
2013Detailed filing. Detailed filing data is available for this year.$538$496$41.4$29.4$28.3$1.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$547$504$43.0$31.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$562$520$42.0$34.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$585$542$43.0$49.8
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)14 • $250M-$1B nonprofits