ZUnclassifiedEIN: 480625704· Ruling Year: 1978

Farmway Credit Union

Beloit, Kansas

B+Health Score
71B+

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 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org5.33×
Peer Median15.40×
💰
$4.6M
Total Revenue
📊
$4.1M
Total Expenses
🏦
$21.9M
Net Assets
📋
$76.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+11.8%
Year-over-year change (2022 → 2023)
Net Margin
+10.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.33
Net assets divided by total expenses
Liabilities-to-Assets
77.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,601,32212%$4,112,23911%$98,312,8795%
2022$4,116,39815%$3,705,0683%$103,882,6632%
2021$3,566,84615%$3,804,0056%$101,938,9816%
2020$4,175,5243%$4,062,1853%$96,174,0238%
2019$4,291,4385%$3,953,04010%$88,792,238
2018$4,086,4135%$3,608,6108%$89,032,982
2017$3,901,0694%$3,346,6543%$88,754,4353%
2016$3,745,0801%$3,250,9193%$86,556,044
2015$3,704,3672%$3,140,9953%$86,352,4174%
2014$3,642,2623%$3,049,9034%$89,985,0397%
2013$3,522,75510%$3,171,653$84,148,9333%
2012$3,915,0214%$3,183,2878%$86,884,39115%
2011$4,071,139$3,451,691$75,574,154

Frequently Asked Questions

What does Farmway Credit Union do?

Farmway Credit Union is a unclassified nonprofit organization based in Kansas. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Farmway Credit Union financially healthy?

Based on our 9-metric Financial Health Score model, Farmway Credit Union has a score of 71/100 (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 Farmway Credit Union generate?

Farmway Credit Union reports $5.3M in annual revenue and holds $100.3M in total assets, based on IRS filings.

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