CSCharityScored
89

Lake Technical College Inc

Education · Eustis, Florida

2001 Kurt St, Eustis, FL 32726-6164

EIN: 200940772· Founded: Nov 2004· 22 years active· Filing Year: 2023

Annual Revenue

$14.8M

Total Expenses

$14.7M

Total Assets

$23.3M

Program Spending

80%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$200K

1.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$6.3M

Total Payroll

$6.5M

45% of total expenses

Where the Money Goes

80%
Programs: 80%
Payroll: 45%
Other overhead: 20%
Program Revenue$11.7M (79%)
Total Expenses$14.7M (99%)
Payroll$6.5M (45%)
Overhead (non-program)20%

Trust Score Breakdown

Program Spending Ratio

80% of expenses go to programs

40%

Revenue & Stability

$14.8M annual revenue

15%

Executive Compensation

$200K total officer comp (1.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$23.3M 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.