Quick charity verification for Camp Korey (EIN: 203829742)
Verdict: Camp Korey appears trustworthy
85/100Mission Score
$4.5MRevenue
$16.8MAssets
3Red Flags
4Strengths
Red Flags
Significant deficit in 2023 ($1.3 million)
Unexplained negative revenue in 2016 ($-2,049,209)
Increasing liabilities over time, reaching $9.16 million in 2023
Strengths
Consistent reporting of 0% officer compensation across all filings
Substantial growth in assets, reaching over $18.3 million in 2023
Consistent filing of IRS Form 990s for 14 periods, indicating transparency
Strong revenue performance in several years (e.g., $5.6 million in 2021, $4.8 million in 2015)
Spending Breakdown
How Camp Korey allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Camp Korey
Is Camp Korey a legitimate charity?
Based on AI analysis of IRS 990 filings, Camp Korey (EIN: 203829742) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
Is Camp Korey a good charity to donate to?
Camp Korey has a Mission Score of 85/100. Revenue: $4.5M. Assets: $16.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Camp Korey?
The Employer Identification Number (EIN) for Camp Korey is 203829742. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Camp Korey spend its money?
Camp Korey allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Camp Korey's tax-exempt status?
You can verify Camp Korey's tax-exempt status using EIN 203829742 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Camp Korey demonstrates a generally stable financial position with some fluctuations in recent years. While the organization reported a deficit in 2023, with expenses exceeding revenue by over $1.3 million ($4,664,566 in expenses vs. $3,355,179 in revenue), this follows a strong surplus in 2022 and 2021. The organization's assets have grown significantly over the past decade, from $7.6 million in 2016 to over $18.3 million in 2023, indicating a strong long-term asset base. However, liabilities have also increased substantially, reaching $9.16 million in 2023, which warrants monitoring.
Spending efficiency appears to be a mixed picture. While specific program spending percentages are not provided in the raw data, the consistent reporting of zero officer compensation across all filings suggests a commitment to minimizing administrative overhead at the executive level. The significant negative revenue reported in 2016 ($-2,049,209) is an anomaly that would require further investigation to understand its nature and impact. The organization's consistent filing of IRS Form 990s over 14 periods demonstrates a commitment to regulatory transparency.
Overall, Camp Korey appears to be a well-established organization with a solid asset base, though recent financial performance shows a need to manage expenses relative to revenue. The absence of reported officer compensation is a positive indicator for donor confidence regarding executive overhead. Further analysis of detailed expense breakdowns would provide a clearer picture of spending efficiency across programs, administration, and fundraising.