CSCharityScored
71

Faribault Ice Arena Association

Recreation & Sports · Faribault, Minnesota

Po Box 771, Faribault, MN 55021-0705

EIN: 411822463· Founded: Mar 1996· 30 years active· Filing Year: 2023

Annual Revenue

$234K

Total Expenses

$300K

Total Assets

$1.1M

Program Spending

72%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$38K

12.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$24K

Total Payroll

$62K

21% of total expenses

Where the Money Goes

72%
Programs: 72%
Payroll: 21%
Other overhead: 28%
Program Revenue$215K (92%)
Total Expenses$300K (100%)
Payroll$62K (21%)
Overhead (non-program)28%

Trust Score Breakdown

Program Spending Ratio

72% of expenses go to programs

40%

Revenue & Stability

$234K annual revenue

15%

Executive Compensation

$38K total officer comp (12.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.1M 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.