CSCharityScored
58

Area Development Foundation Inc

Other · Mount Vernon, Ohio

Po Box 29, Mount Vernon, OH 43050-0029

EIN: 316041648· Founded: Jul 1957· 69 years active· Filing Year: 2023

Annual Revenue

$565K

Total Expenses

$478K

Total Assets

$1.5M

Program Spending

56%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$211K

Total Payroll

$211K

44% of total expenses

Where the Money Goes

56%
Programs: 56%
Payroll: 44%
Other overhead: 44%
Program Revenue$268K (47%)
Total Expenses$478K (84%)
Payroll$211K (44%)
Overhead (non-program)44%

Trust Score Breakdown

Program Spending Ratio

56% of expenses go to programs

40%

Revenue & Stability

$565K annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.5M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.