Lake Technical College Inc
Eustis, Florida
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
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 | $14,791,873↓25% | $14,658,635↑8% | $23,323,054↓2% | — |
| 2022 | $19,771,716↑8% | $13,632,049↓23% | $23,861,237↑36% | — |
| 2021 | $18,253,168↑50% | $17,652,913↑51% | $17,510,446↑11% | — |
| 2020 | $12,171,689 | $11,673,795↓4% | $15,710,396↑1% | — |
| 2019 | $12,179,174↑2% | $12,180,102↑25% | $15,624,297↑7% | — |
| 2018 | $11,924,603 | $9,747,035↓3% | $14,555,399↑8% | — |
| 2017 | $11,983,012↑31% | $10,065,311↑14% | $13,426,813↑31% | — |
| 2016 | $9,118,806↓10% | $8,863,487↓4% | $10,212,288↑14% | — |
| 2015 | $10,180,187↓1% | $9,221,815↑4% | $8,930,096↑14% | — |
| 2014 | $10,271,022↑24% | $8,860,739↑14% | $7,825,092↑22% | — |
| 2013 | $8,253,263↓2% | $7,743,800↓2% | $6,414,558↑17% | — |
| 2012 | $8,445,430↑7% | $7,885,518↑4% | $5,484,478↑12% | — |
| 2011 | $7,904,207 | $7,588,180 | $4,879,548 | — |
Frequently Asked Questions
What does Lake Technical College Inc do?▼
Lake Technical College Inc is a education nonprofit organization based in Florida. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lake Technical College Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Lake Technical College Inc has a score of 74/100 (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 Technical College Inc generate?▼
Lake Technical College Inc reports $21.7M in annual revenue and holds $25.3M in total assets, based on IRS filings.