CSCharityScored
76

Lake Area Development Corporation

Human Services · Geneva, New York

Po Box 153, Geneva, NY 14456-0153

EIN: 161492087· Founded: May 1996· 30 years active· Filing Year: 2023

Annual Revenue

$1.4M

Total Expenses

$263K

Total Assets

$2.6M

Program Spending

80%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$63K

Total Payroll

$63K

24% of total expenses

Where the Money Goes

80%
Programs: 80%
Payroll: 24%
Other overhead: 20%
Program Revenue$210K (15%)
Total Expenses$263K (19%)
Payroll$63K (24%)
Overhead (non-program)20%

Trust Score Breakdown

Program Spending Ratio

80% of expenses go to programs

40%

Revenue & Stability

$1.4M annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$2.6M 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.