CSCharityScored
71

Lake Agassiz Regional Development Corporation

Other · Fargo, North Dakota

417 Main Ave Ste 201, Fargo, ND 58103-1982

EIN: 450404558· Founded: Apr 1989· 37 years active· Filing Year: 2023

Annual Revenue

$1.1M

Total Expenses

$1.1M

Total Assets

$6.3M

Program Spending

67%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$147K

13.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$355K

Total Payroll

$502K

46% of total expenses

Where the Money Goes

67%
Programs: 67%
Payroll: 46%
Other overhead: 33%
Program Revenue$727K (67%)
Total Expenses$1.1M (100%)
Payroll$502K (46%)
Overhead (non-program)33%

Trust Score Breakdown

Program Spending Ratio

67% of expenses go to programs

40%

Revenue & Stability

$1.1M annual revenue

15%

Executive Compensation

$147K total officer comp (13.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$6.3M 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.