Camp Albemarle
Camp Albemarle shows strong financial growth and asset accumulation with no reported officer compensation.
EIN: 208328266 · New Bern, NC · NTEE: T11 · Updated: 2026-03-28
Is Camp Albemarle Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Camp Albemarle directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Camp Albemarle
Camp Albemarle (EIN: 208328266) is a nonprofit organization based in New Bern, NC, classified under NTEE code T11. The organization reported total revenue of $2.0M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Camp Albemarle's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Camp Albemarle is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$752K |
| Total Assets | $1.7M |
| Total Liabilities | $189K |
| Net Assets | $1.5M |
| Operating Margin | 31.1% |
| Debt-to-Asset Ratio | 10.9% |
| Months of Reserves | 12.5 months |
Financial Health Grade: A
In 2023, Camp Albemarle reported a surplus of $752K with revenue exceeding expenses, holds 12.5 months of operating reserves (strong position), has a debt-to-asset ratio of 10.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Camp Albemarle's revenue has grown at a compound annual growth rate (CAGR) of 12.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +67.2% | +21.5% | +81.5% |
| 2022 | +12.4% | +21.9% | -3.5% |
| 2021 | +51.1% | +27.5% | +31.5% |
| 2020 | -16.2% | +2.4% | +10.6% |
| 2019 | +46.7% | +18.4% | +10.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Camp Albemarle 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Camp Albemarle allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $752K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.9%.
Executive Compensation Analysis
Camp Albemarle reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or is compensated through other means not categorized as officer compensation, which is a positive indicator for minimizing administrative overhead.
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.
Strengths
The following positive indicators were identified for Camp Albemarle:
- Consistent revenue growth, from $548,682 in 2014 to $2,416,295 in 2023.
- Significant asset accumulation, increasing from $668,859 in 2014 to $1,737,952 in 2023.
- Expenses consistently below revenue in recent years (e.g., 2023 revenue $2,416,295 vs. expenses $1,664,279).
- No reported officer compensation across all available filings, indicating low administrative overhead in this area.
- Healthy asset-to-liability ratio, with assets of $1,737,952 and liabilities of $189,499 in 2023.
Frequently Asked Questions about Camp Albemarle
Is Camp Albemarle a legitimate charity?
Based on AI analysis of IRS 990 filings, Camp Albemarle (EIN: 208328266) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Camp Albemarle spend its money?
Camp Albemarle directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Camp Albemarle tax-deductible?
Camp Albemarle is registered as a tax-exempt nonprofit (EIN: 208328266). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Camp Albemarle a good charity?
Based on its financial data, Camp Albemarle appears to be a well-managed charity. It has shown consistent revenue growth, maintained expenses below revenue in recent years, and significantly increased its assets while reporting no officer compensation. These factors suggest strong financial health and a focus on its mission.
How has Camp Albemarle's financial health changed over time?
Camp Albemarle's financial health has significantly improved over the past decade. Revenue has more than quadrupled from $548,682 in 2014 to $2,416,295 in 2023, and assets have nearly tripled from $668,859 to $1,737,952 in the same period. This indicates robust growth and increasing financial stability.
What is Camp Albemarle's approach to executive compensation?
Camp Albemarle reports 0% officer compensation in all available IRS 990 filings. This suggests a highly efficient approach to executive compensation, potentially relying on volunteer leadership or structuring compensation in a way that does not fall under 'officer compensation' as reported on the 990.
Filing History
IRS 990 filing history for Camp Albemarle showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Camp Albemarle's revenue has grown by 322.3%, moving from $572K to $2.4M. Total assets increased by 109.6% over the same period, from $829K to $1.7M. Total functional expenses rose by 196.9%, from $560K to $1.7M. In its most recent filing year (2023), Camp Albemarle reported a surplus of $752K, with revenue exceeding expenses. The organization holds $189K in liabilities against $1.7M in assets (debt-to-asset ratio: 10.9%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $1.7M | $1.7M | $189K | — | View 990 |
| 2022 | $1.4M | $1.4M | $957K | $161K | — | — |
| 2021 | $1.3M | $1.1M | $993K | $271K | — | View 990 |
| 2020 | $851K | $881K | $755K | $195K | — | — |
| 2019 | $1.0M | $861K | $683K | $92K | — | View 990 |
| 2018 | $692K | $727K | $618K | $182K | — | View 990 |
| 2017 | $611K | $677K | $535K | $63K | — | View 990 |
| 2016 | $610K | $658K | $594K | $57K | — | View 990 |
| 2015 | $590K | $630K | $613K | $29K | — | View 990 |
| 2014 | $549K | $606K | $669K | $39K | — | View 990 |
| 2013 | $538K | $584K | $716K | $30K | — | View 990 |
| 2012 | $488K | $556K | $763K | $30K | — | View 990 |
| 2011 | $572K | $560K | $829K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $1.7M, and assets of $1.7M (revenue +67.2% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.4M, and assets of $957K (revenue +12.4% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.1M, and assets of $993K (revenue +51.1% year-over-year).
- 2020: Revenue of $851K, expenses of $881K, and assets of $755K (revenue -16.2% year-over-year).
- 2019: Revenue of $1.0M, expenses of $861K, and assets of $683K (revenue +46.7% year-over-year).
- 2018: Revenue of $692K, expenses of $727K, and assets of $618K (revenue +13.3% year-over-year).
- 2017: Revenue of $611K, expenses of $677K, and assets of $535K (revenue +0.1% year-over-year).
- 2016: Revenue of $610K, expenses of $658K, and assets of $594K (revenue +3.4% year-over-year).
- 2015: Revenue of $590K, expenses of $630K, and assets of $613K (revenue +7.6% year-over-year).
- 2014: Revenue of $549K, expenses of $606K, and assets of $669K (revenue +2.0% year-over-year).
- 2013: Revenue of $538K, expenses of $584K, and assets of $716K (revenue +10.1% year-over-year).
- 2012: Revenue of $488K, expenses of $556K, and assets of $763K (revenue -14.6% year-over-year).
- 2011: Revenue of $572K, expenses of $560K, and assets of $829K.
Data Sources and Methodology
This transparency report for Camp Albemarle 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.