Camp Algona Pow Project Inc
Camp Algona Pow Project Inc consistently accumulates assets with minimal expenses and no executive compensation.
EIN: 200787445 · Algona, IA · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $156K |
| Total Expenses | $66K |
| Program Spending | 90% |
| Net Assets | $2.0M |
| Transparency Score | 95/100 |
Is Camp Algona Pow Project Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Camp Algona Pow Project Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Camp Algona Pow Project Inc
Camp Algona Pow Project Inc (EIN: 200787445) is a nonprofit organization based in Algona, IA, classified under NTEE code A80. The organization reported total revenue of $156K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Camp Algona Pow Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Camp Algona Pow Project Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 25.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $723K |
| Total Expenses | $66K |
| Surplus / Deficit | +$657K |
| Total Assets | $2.0M |
| Net Assets | $2.0M |
| Operating Margin | 90.9% |
| Months of Reserves | 357.6 months |
Financial Health Grade: A
In 2023, Camp Algona Pow Project Inc reported a surplus of $657K with revenue exceeding expenses, holds 357.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Camp Algona Pow Project Inc's revenue has grown at a compound annual growth rate (CAGR) of 25.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.6% | +12.0% | +50.1% |
| 2022 | +754.6% | +55.7% | +117.0% |
| 2021 | +35.5% | -16.7% | +9.4% |
| 2020 | -45.4% | +2.1% | +3.9% |
| 2019 | +93.7% | -10.4% | +16.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Algona Pow Project Inc with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Camp Algona Pow Project Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $657K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization. This is a highly positive factor, demonstrating that all funds are directed towards the organization's mission and operational costs rather than executive salaries.
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 Camp Algona Pow Project Inc's IRS 990 filings:
- Low expense ratio could indicate underinvestment in current programs if asset accumulation is not directly tied to immediate mission delivery.
Strengths
The following positive indicators were identified for Camp Algona Pow Project Inc:
- Consistent and significant asset growth, reaching $1,966,636 in 2023.
- Extremely low expense ratio relative to revenue (e.g., 9.1% in 2023).
- Zero reported liabilities across all filings, indicating excellent financial stability.
- No officer compensation, demonstrating a volunteer-driven leadership and high dedication.
- Strong financial transparency with 13 available IRS 990 filings.
Frequently Asked Questions about Camp Algona Pow Project Inc
Is Camp Algona Pow Project Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Camp Algona Pow Project Inc (EIN: 200787445) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Camp Algona Pow Project Inc spend its money?
Camp Algona Pow Project Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Camp Algona Pow Project Inc tax-deductible?
Camp Algona Pow Project Inc is registered as a tax-exempt nonprofit (EIN: 200787445). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Camp Algona Pow Project Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Camp Algona Pow Project Inc is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Camp Algona Pow Project Inc located?
Camp Algona Pow Project Inc is headquartered in Algona, Iowa and files with the IRS under EIN 200787445. It is classified under NTEE code A80.
How many years of IRS 990 filings does Camp Algona Pow Project Inc have?
Camp Algona Pow Project Inc has 13 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 $156K in total revenue.
Is Camp Algona Pow Project Inc a good charity?
Based on its financial data, Camp Algona Pow Project Inc appears to be a very good charity. It consistently generates significant revenue, maintains very low expenses (e.g., $65,997 in 2023 against $722,546 revenue), has zero liabilities, and reports no officer compensation. These factors indicate strong financial health, efficient operations, and a high dedication to its mission.
How does Camp Algona Pow Project Inc manage its funds?
The organization manages its funds very conservatively and effectively. It consistently generates substantial surpluses, leading to significant asset growth (from $305,619 in 2014 to $1,966,636 in 2023). Expenses are kept remarkably low relative to revenue, suggesting a focus on long-term preservation and development rather than immediate high spending.
What is the primary use of the organization's revenue?
Given the low expense figures relative to revenue, a significant portion of the organization's revenue is being retained and added to its assets. For example, in 2023, only about 9.1% of revenue was spent, with the remaining 90.9% contributing to asset growth. This suggests a strategy of building a strong financial foundation, likely for future large-scale projects related to its historical preservation mission.
Filing History
IRS 990 filing history for Camp Algona Pow Project Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Camp Algona Pow Project Inc's revenue has grown by 1358%, moving from $50K to $723K. Total assets increased by 347.6% over the same period, from $439K to $2.0M. Total functional expenses rose by 105.6%, from $32K to $66K. In its most recent filing year (2023), Camp Algona Pow Project Inc reported a surplus of $657K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $723K | $66K | $2.0M | $0 | — | — |
| 2022 | $765K | $59K | $1.3M | $0 | — | View 990 |
| 2021 | $90K | $38K | $604K | $0 | — | View 990 |
| 2020 | $66K | $45K | $552K | $0 | — | View 990 |
| 2019 | $121K | $44K | $531K | $0 | — | View 990 |
| 2018 | $62K | $50K | $455K | $0 | — | View 990 |
| 2017 | $124K | $43K | $442K | $0 | — | View 990 |
| 2016 | $65K | $45K | $362K | $0 | — | View 990 |
| 2015 | $72K | $36K | $342K | $0 | — | View 990 |
| 2014 | $46K | $31K | $306K | $0 | — | View 990 |
| 2013 | $81K | $33K | $313K | $23K | — | View 990 |
| 2012 | $54K | $26K | $242K | $0 | — | View 990 |
| 2011 | $50K | $32K | $439K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $723K, expenses of $66K, and assets of $2.0M (revenue -5.6% year-over-year).
- 2022: Revenue of $765K, expenses of $59K, and assets of $1.3M (revenue +754.6% year-over-year).
- 2021: Revenue of $90K, expenses of $38K, and assets of $604K (revenue +35.5% year-over-year).
- 2020: Revenue of $66K, expenses of $45K, and assets of $552K (revenue -45.4% year-over-year).
- 2019: Revenue of $121K, expenses of $44K, and assets of $531K (revenue +93.7% year-over-year).
- 2018: Revenue of $62K, expenses of $50K, and assets of $455K (revenue -49.5% year-over-year).
- 2017: Revenue of $124K, expenses of $43K, and assets of $442K (revenue +89.2% year-over-year).
- 2016: Revenue of $65K, expenses of $45K, and assets of $362K (revenue -9.8% year-over-year).
- 2015: Revenue of $72K, expenses of $36K, and assets of $342K (revenue +57.8% year-over-year).
- 2014: Revenue of $46K, expenses of $31K, and assets of $306K (revenue -43.0% year-over-year).
- 2013: Revenue of $81K, expenses of $33K, and assets of $313K (revenue +48.8% year-over-year).
- 2012: Revenue of $54K, expenses of $26K, and assets of $242K (revenue +9.2% year-over-year).
- 2011: Revenue of $50K, expenses of $32K, and assets of $439K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Camp Algona Pow Project Inc:
Data Sources and Methodology
This transparency report for Camp Algona Pow Project Inc 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.