CSCharityScored
46

Lakeshore Advantage Corporation

Community Development · Holland, Michigan

65 E 7Th St, Holland, MI 49423-2913

EIN: 061708014· Founded: Jan 2004· 22 years active· Filing Year: 2023

Annual Revenue

$6.7M

Total Expenses

$2.0M

Total Assets

$6.5M

Program Spending

0%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$709K

34.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$629K

Total Payroll

$1.3M

66% of total expenses

Where the Money Goes

0%
Programs: 0%
Payroll: 66%
Other overhead: 100%
0
Total Expenses$2.0M (30%)
Payroll$1.3M (66%)
Overhead (non-program)100%

Trust Score Breakdown

Program Spending Ratio

0% of expenses go to programs

40%

Revenue & Stability

$6.7M annual revenue

15%

Executive Compensation

$709K total officer comp (34.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$6.5M in assets

10%

Similar Community Development Nonprofits in Michigan

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.