Central Lakes College Foundation

Unknown organization based in Brainerd, MN.0 Exempt under §501(c)(3).

MissionTHE ORGANIZATION PROVIDES SCHOLARSHIPS AND HOUSING TO STUDENTS ATTENDING CENTRAL LAKES COLLEGE.

EIN
23-7007111
State
MN
Sector
Unknown
Budget band
$2.5M–$5M
Latest filing
TY 2023
Records
1 officers · 5 years

Financial snapshot · TY 2023

$3.0M
Total revenue
$2.6M
Total expenses
$14.4M
Net assets

Financial health · TY 2023

68
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
38
6.9 months of expenses
Program efficiency
100
91.6% spent on programs
Revenue diversity
64
Mix of program fees, grants & contributions

Leadership compensation

Kate Adornetto
FORMER EXECUTIVE DIRECTOR
$132,895

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