CSCharityScored
64

Udac Inc

Other · Duluth, Minnesota

4724 Mike Colalillo Dr, Duluth, MN 55807-2723

EIN: 410856115· Founded: Mar 1967· 59 years active· Filing Year: 2023

Annual Revenue

$1.5M

Total Expenses

$1.4M

Total Assets

$5.4M

Program Spending

53%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$94K

6.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$769K

Total Payroll

$862K

60% of total expenses

Where the Money Goes

53%
Programs: 53%
Payroll: 60%
Other overhead: 47%
Program Revenue$761K (50%)
Total Expenses$1.4M (94%)
Payroll$862K (60%)
Overhead (non-program)47%

Trust Score Breakdown

Program Spending Ratio

53% of expenses go to programs

40%

Revenue & Stability

$1.5M annual revenue

15%

Executive Compensation

$94K total officer comp (6.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$5.4M 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.