CSCharityScored
56

Family Literacy Center

Education · Lapeer, Michigan

Po Box 485, Lapeer, MI 48446-0485

EIN: 382642247· Founded: Oct 1991· 35 years active· Filing Year: 2023

Annual Revenue

$477K

Total Expenses

$429K

Total Assets

$490K

Program Spending

57%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$76K

17.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$240K

Total Payroll

$316K

74% of total expenses

Where the Money Goes

57%
Programs: 57%
Payroll: 74%
Other overhead: 43%
Program Revenue$245K (51%)
Total Expenses$429K (90%)
Payroll$316K (74%)
Overhead (non-program)43%

Trust Score Breakdown

Program Spending Ratio

57% of expenses go to programs

40%

Revenue & Stability

$477K annual revenue

15%

Executive Compensation

$76K total officer comp (17.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$490K 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.