CSCharityScored
37

Forest City Economic Development Inc

Community Development · Forest City, Iowa

Po Box 306, Forest City, IA 50436-0306

EIN: 421525819· Founded: Sep 2002· 24 years active· Filing Year: 2024

Annual Revenue

$234K

Total Expenses

$237K

Total Assets

$1.1M

Program Spending

17%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$104K

Total Payroll

$104K

44% of total expenses

Where the Money Goes

17%
Programs: 17%
Payroll: 44%
Other overhead: 83%
Program Revenue$41K (17%)
Total Expenses$237K (100%)
Payroll$104K (44%)
Overhead (non-program)83%

Trust Score Breakdown

Program Spending Ratio

17% of expenses go to programs

40%

Revenue & Stability

$234K annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$1.1M in assets

10%

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.