Financial Information for Lake Area Development Corporation

Lake Area Development Corporation's annual revenue was $1.4M in tax year 2023, reported on their IRS Form 990. They spent $263K in total expenses. 52% went to programs and services.

Financial Breakdown

What is Lake Area Development Corporation's total annual expenses?

Lake Area Development Corporation spent $263K in tax year 2023, according to their IRS Form 990 filing.

How much of Lake Area Development Corporation's budget goes to programs?

Lake Area Development Corporation spent $136K (52% of expenses) on programs and services in tax year 2023.

How much does Lake Area Development Corporation spend on overhead?

Lake Area Development Corporation's overhead in tax year 2023 includes administrative (48%) and fundraising (0%) of their expenses.

What is Lake Area Development Corporation's net worth?

Lake Area Development Corporation had net assets of $702K as of the end of tax year 2023.

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View full Lake Area Development Corporation report

All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.