Lake Erie College
Painesville, Ohio
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 73 peers in Education with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $35,045,646↓10% | $40,639,255↑4% | $71,073,372↓5% | — |
| 2022 | $38,779,550↓2% | $38,894,094↑3% | $74,629,570↓8% | — |
| 2021 | $39,379,084↑8% | $37,745,583↑2% | $81,401,421↑8% | — |
| 2020 | $36,627,157↑7% | $37,068,103↑6% | $75,139,558↑9% | — |
| 2019 | $34,181,394↓4% | $34,926,452 | $68,918,322↓3% | — |
| 2018 | $35,775,706↑6% | $34,831,883 | $71,067,818↑1% | — |
| 2017 | $33,833,503↓1% | $34,752,869↓1% | $70,140,562↑1% | — |
| 2016 | $34,246,691↑5% | $35,148,494↓3% | $69,192,763↓2% | — |
| 2015 | $32,706,755↓5% | $36,129,788↓2% | $70,283,628↓5% | — |
| 2014 | $34,310,591↓5% | $37,050,546↓2% | $74,082,107 | — |
| 2013 | $36,255,767↓6% | $37,918,684 | $73,777,099 | — |
| 2012 | $38,561,488↑2% | $38,100,398↑3% | $73,693,041↓1% | — |
| 2011 | $37,642,519 | $36,977,967 | $74,491,569 | — |
Frequently Asked Questions
What does Lake Erie College do?▼
Lake Erie College is a education nonprofit organization based in Ohio. It is classified under NTEE code B430 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lake Erie College financially healthy?▼
Based on our 9-metric Financial Health Score model, Lake Erie College has a score of 47/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Lake Erie College generate?▼
Lake Erie College reports $39.7M in annual revenue and holds $68.4M in total assets, based on IRS filings.