CSCharityScored
81

Laker Prep Early Childhood

Human Services · Detroit Lakes, Minnesota

551 11Th Ave Se, Detroit Lakes, MN 56501-3720

EIN: 854249341· Founded: Apr 2022· 4 years active· Filing Year: 2023

Annual Revenue

$1.4M

Total Expenses

$1.3M

Total Assets

$241K

Program Spending

81%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$95K

7.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$791K

Total Payroll

$886K

66% of total expenses

Where the Money Goes

81%
Programs: 81%
Payroll: 66%
Other overhead: 19%
Program Revenue$1.1M (81%)
Total Expenses$1.3M (99%)
Payroll$886K (66%)
Overhead (non-program)19%

Trust Score Breakdown

Program Spending Ratio

81% of expenses go to programs

40%

Revenue & Stability

$1.4M annual revenue

15%

Executive Compensation

$95K total officer comp (7.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$241K 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.