CSCharityScored
68

Spring Lake Business Development Corporation

Community Development · Spring Lake, New Jersey

1207 3Rd Ave, Spring Lake, NJ 07762-1330

EIN: 261243759· Founded: May 2009· 17 years active· Filing Year: 2023

Annual Revenue

$158K

Total Expenses

$140K

Total Assets

$39K

Program Spending

77%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$69K

Total Payroll

$69K

49% of total expenses

Where the Money Goes

77%
Programs: 77%
Payroll: 49%
Other overhead: 23%
Program Revenue$108K (68%)
Total Expenses$140K (89%)
Payroll$69K (49%)
Overhead (non-program)23%

Trust Score Breakdown

Program Spending Ratio

77% of expenses go to programs

40%

Revenue & Stability

$158K annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$39K 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.