CSCharityScored
67

Industrial Arts Institute Inc

Education · Onaway, Michigan

20902 Washington Ave, Onaway, MI 49765-8868

EIN: 463997543· Founded: Mar 2018· 8 years active· Filing Year: 2024

Annual Revenue

$942K

Total Expenses

$813K

Total Assets

$929K

Program Spending

62%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$83K

10.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$193K

Total Payroll

$276K

34% of total expenses

Where the Money Goes

62%
Programs: 62%
Payroll: 34%
Other overhead: 38%
Program Revenue$507K (54%)
Total Expenses$813K (86%)
Payroll$276K (34%)
Overhead (non-program)38%

Trust Score Breakdown

Program Spending Ratio

62% of expenses go to programs

40%

Revenue & Stability

$942K annual revenue

15%

Executive Compensation

$83K total officer comp (10.2% of expenses)

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$929K 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.