CSCharityScored
70

Kern Economic Development Corporation

Other · Bakersfield, California

Po Box 1033, Bakersfield, CA 93302-1033

EIN: 770151886· Founded: Jan 1988· 38 years active· Filing Year: 2023

Annual Revenue

$930K

Total Expenses

$857K

Total Assets

$1.1M

Program Spending

76%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$178K

20.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$381K

Total Payroll

$559K

65% of total expenses

Where the Money Goes

76%
Programs: 76%
Payroll: 65%
Other overhead: 24%
Program Revenue$652K (70%)
Total Expenses$857K (92%)
Payroll$559K (65%)
Overhead (non-program)24%

Trust Score Breakdown

Program Spending Ratio

76% of expenses go to programs

40%

Revenue & Stability

$930K annual revenue

15%

Executive Compensation

$178K total officer comp (20.8% 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.