Camargo Foundation
Camargo Foundation maintains strong asset base despite fluctuating revenues and occasional operating deficits.
EIN: 132622714 · Saint Paul, MN · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $1.1M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $17.8M |
| Transparency Score | 85/100 |
Is Camargo Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Camargo Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Camargo Foundation
Camargo Foundation (EIN: 132622714) is a nonprofit organization based in Saint Paul, MN. The organization reported total revenue of $3.2M and total assets of $19.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Camargo Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Camargo Foundation is a mid-size nonprofit that has been operating for 58 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $934K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-174,446 |
| Total Assets | $18.0M |
| Total Liabilities | $270K |
| Net Assets | $17.8M |
| Operating Margin | -18.7% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 195.1 months |
Financial Health Grade: B
In 2023, Camargo Foundation reported a deficit of $174K with expenses exceeding revenue, holds 195.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Camargo Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +62.4% | +19.0% | +9.9% |
| 2022 | -59.1% | -0.3% | -17.8% |
| 2021 | +14.6% | +15.4% | +4.4% |
| 2020 | +11.3% | -12.0% | +13.7% |
| 2019 | +68.2% | +45.7% | +28.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1280 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Camargo Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Camargo Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $174K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size with assets nearing $20 million and suggests a strong commitment to directing resources to its programmatic activities.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Camargo Foundation's IRS 990 filings:
- Inconsistent revenue streams leading to occasional operating deficits (e.g., 2023 and 2022 where expenses exceeded revenue).
Strengths
The following positive indicators were identified for Camargo Foundation:
- Strong and growing asset base ($19,339,581 latest assets).
- 0% officer compensation reported across all filings, indicating high dedication of resources to mission.
- Consistent IRS 990 filing history, demonstrating transparency.
- Relatively stable expense management despite revenue volatility.
Frequently Asked Questions about Camargo Foundation
Is Camargo Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Camargo Foundation (EIN: 132622714) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Camargo Foundation spend its money?
Camargo Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Camargo Foundation tax-deductible?
Camargo Foundation is registered as a tax-exempt nonprofit (EIN: 132622714). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Camargo Foundation CEO make?
Camargo Foundation's highest-compensated officer earns $20 annually. The organization reported $3.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Camargo Foundation's spending goes to programs?
Camargo Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Camargo Foundation located?
Camargo Foundation is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 132622714.
How many years of IRS 990 filings does Camargo Foundation have?
Camargo Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.2M in total revenue.
Is Camargo Foundation a good charity?
Based on the available data, Camargo Foundation appears to be a well-managed organization with a strong financial foundation (assets of $19,339,581) and a notable commitment to its mission, evidenced by 0% officer compensation. Its consistent filing of IRS 990s also indicates good transparency.
How does Camargo Foundation manage its expenses?
The foundation has demonstrated consistent expense management, with annual expenses typically ranging from $700,000 to $1.1 million, even as revenue fluctuates significantly. This suggests a stable operational cost structure.
What is the trend in Camargo Foundation's assets?
Camargo Foundation's assets have shown a strong upward trend, growing from $11,176,870 in 2011 to $19,339,581 in the latest period, indicating effective financial stewardship and growth of its endowment or investments.
Why does revenue fluctuate so much year-to-year?
The significant fluctuations in revenue, such as $3,205,160 in the latest period compared to $575,273 in 2022, could be due to large, infrequent grants, investment gains/losses, or specific fundraising campaigns. Without more detailed breakdowns, the exact reasons are not discernible from the summary data.
Filing History
IRS 990 filing history for Camargo Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Camargo Foundation's revenue has grown by 93.2%, moving from $484K to $934K. Total assets increased by 61.3% over the same period, from $11.2M to $18.0M. Total functional expenses rose by 25.8%, from $882K to $1.1M. In its most recent filing year (2023), Camargo Foundation reported a deficit of $174K, with expenses exceeding revenue. The organization holds $270K in liabilities against $18.0M in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $17.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $934K | $1.1M | $18.0M | $270K | — | — |
| 2022 | $575K | $932K | $16.4M | $126K | — | View 990 |
| 2021 | $1.4M | $935K | $19.9M | $45K | — | View 990 |
| 2020 | $1.2M | $810K | $19.1M | $542K | — | View 990 |
| 2019 | $1.1M | $921K | $16.8M | $92K | — | View 990 |
| 2015 | $657K | $632K | $13.1M | $8K | — | View 990 |
| 2014 | $482K | $754K | $13.4M | $972 | — | View 990 |
| 2013 | $2.3M | $495K | $13.2M | $8K | — | View 990 |
| 2012 | $194K | $722K | $11.5M | $14K | — | View 990 |
| 2011 | $484K | $882K | $11.2M | $36K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $934K, expenses of $1.1M, and assets of $18.0M (revenue +62.4% year-over-year).
- 2022: Revenue of $575K, expenses of $932K, and assets of $16.4M (revenue -59.1% year-over-year).
- 2021: Revenue of $1.4M, expenses of $935K, and assets of $19.9M (revenue +14.6% year-over-year).
- 2020: Revenue of $1.2M, expenses of $810K, and assets of $19.1M (revenue +11.3% year-over-year).
- 2019: Revenue of $1.1M, expenses of $921K, and assets of $16.8M (revenue +68.2% year-over-year).
- 2015: Revenue of $657K, expenses of $632K, and assets of $13.1M (revenue +36.2% year-over-year).
- 2014: Revenue of $482K, expenses of $754K, and assets of $13.4M (revenue -79.0% year-over-year).
- 2013: Revenue of $2.3M, expenses of $495K, and assets of $13.2M (revenue +1083.1% year-over-year).
- 2012: Revenue of $194K, expenses of $722K, and assets of $11.5M (revenue -60.0% year-over-year).
- 2011: Revenue of $484K, expenses of $882K, and assets of $11.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Camargo Foundation:
Data Sources and Methodology
This transparency report for Camargo Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.