CSCharityScored
47

Central Lakes College Foundation

Other · Brainerd, Minnesota

501 W College Dr, Brainerd, MN 56401-3904

EIN: 237007111· Founded: Feb 1968· 58 years active· Filing Year: 2023

Annual Revenue

$2.7M

Total Expenses

$2.8M

Total Assets

$12.8M

Program Spending

21%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$127K

4.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$203K

Total Payroll

$330K

12% of total expenses

Where the Money Goes

21%
Programs: 21%
Payroll: 12%
Other overhead: 79%
Program Revenue$580K (22%)
Total Expenses$2.8M (100%)
Payroll$330K (12%)
Overhead (non-program)79%

Trust Score Breakdown

Program Spending Ratio

21% of expenses go to programs

40%

Revenue & Stability

$2.7M annual revenue

15%

Executive Compensation

$127K total officer comp (4.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$12.8M 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.