CSCharityScored
53

Lake Carriers Association

Other · Westlake, Ohio

25651 Detroit Rd, Westlake, OH 44145-2415

EIN: 340347260· Founded: May 1922· 104 years active· Filing Year: 2023

Annual Revenue

$1.5M

Total Expenses

$1.7M

Total Assets

$775K

Program Spending

56%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$622K

35.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$48K

Total Payroll

$671K

39% of total expenses

Where the Money Goes

56%
Programs: 56%
Payroll: 39%
Other overhead: 44%
Program Revenue$970K (64%)
Total Expenses$1.7M (100%)
Payroll$671K (39%)
Overhead (non-program)44%

Trust Score Breakdown

Program Spending Ratio

56% of expenses go to programs

40%

Revenue & Stability

$1.5M annual revenue

15%

Executive Compensation

$622K total officer comp (35.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$775K 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.