Charity Search / LAKE ERIE CENTER FOR MEDICAL RESEARCH INC
Science & Technology (U99) 990 on File

LAKE ERIE CENTER FOR MEDICAL RESEARCH INC

EIN: 55-0806759 · SEMINOLE, FL 33772-4462 · United States · FY 2024 Data
2 out of 5 39 / 100 Based on 2+ years of filings
Financial strength (30%) 51/100
Reliability (20%) 55/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$25K
Total Revenue
$56K
Total Expenses
$90K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 95.0%
Fundraising Efficiency N/A
Operating Reserve 19.05x
Liability-to-Asset N/A
Revenue Diversification 100.0%
Compared with Peers
FY 2024
Compared with 537 similar organizations (United States, Science & Technology, under $100K in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
95.0% 80.6%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
19.1 mo 27.4 mo
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 99.7%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-83.4% 2.0%
P10P90
Expense growth
Year over year expense growth
-49.4% -1.0%
P10P90
Surplus margin
Surplus as a share of revenue
-126.1% 13.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $25K $56K $90K 95.0% —
2023 $150K $112K $121K 97.4% —
2022 $275K $165K N/A — 1
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Organization Details
EIN
55-0806759
State
FL
City
SEMINOLE
ZIP
33772-4462
Classification
U99
Category
Science & Technology
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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