CSCharityScored
89

Caravel Academy Inc

Education · Bear, Delaware

2801 Del Laws Rd, Bear, DE 19701-1723

EIN: 222602110· Founded: May 1985· 41 years active· Filing Year: 2023

Annual Revenue

$11.3M

Total Expenses

$10.8M

Total Assets

$15.9M

Program Spending

104%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$185K

1.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$6.0M

Total Payroll

$6.2M

57% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 57%
Other overhead: -4%
Program Revenue$11.3M (100%)
Total Expenses$10.8M (95%)
Payroll$6.2M (57%)
Overhead (non-program)-4%

Trust Score Breakdown

Program Spending Ratio

104% of expenses go to programs

40%

Revenue & Stability

$11.3M annual revenue

15%

Executive Compensation

$185K total officer comp (1.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$15.9M 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.