CSCharityScored
48

Choanoke Area Development Assoc

Human Services · Rich Square, North Carolina

Po Box 530, Rich Square, NC 27869-0530

EIN: 560841757· Founded: Mar 1965· 61 years active· Filing Year: 2023

Annual Revenue

$10.2M

Total Expenses

$10.7M

Total Assets

$3.3M

Program Spending

2%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$85K

0.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$4.4M

Total Payroll

$4.5M

42% of total expenses

Where the Money Goes

2%
Programs: 2%
Payroll: 42%
Other overhead: 98%
Program Revenue$206K (2%)
Total Expenses$10.7M (100%)
Payroll$4.5M (42%)
Overhead (non-program)98%

Trust Score Breakdown

Program Spending Ratio

2% of expenses go to programs

40%

Revenue & Stability

$10.2M annual revenue

15%

Executive Compensation

$85K total officer comp (0.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$3.3M 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.