Camp Laughing Loon
Camp Laughing Loon shows strong financial growth and zero liabilities, with all-volunteer leadership.
EIN: 16029249 · E Waterboro, ME · NTEE: P27Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $257K |
| Total Expenses | $196K |
| Program Spending | 90% |
| Net Assets | $175K |
| Transparency Score | 92/100 |
Is Camp Laughing Loon Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Camp Laughing Loon directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Camp Laughing Loon
Camp Laughing Loon (EIN: 16029249) is a nonprofit organization based in E Waterboro, ME, classified under NTEE code P27Z. The organization reported total revenue of $257K and total assets of $211K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Camp Laughing Loon's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Camp Laughing Loon is a small nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $240K |
| Total Expenses | $196K |
| Surplus / Deficit | +$44K |
| Total Assets | $175K |
| Net Assets | $175K |
| Operating Margin | 18.3% |
| Months of Reserves | 10.7 months |
Financial Health Grade: A
In 2023, Camp Laughing Loon reported a surplus of $44K with revenue exceeding expenses, holds 10.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Camp Laughing Loon's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.1% | +27.4% | +33.5% |
| 2022 | -24.3% | +3.9% | +25.3% |
| 2021 | +115.3% | +55.9% | +523.4% |
| 2020 | -4.4% | -21.4% | -2.6% |
| 2019 | +4.6% | +7.5% | +281.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| 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 Camp Laughing Loon with a Mission Score of 92 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 Laughing Loon 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 $44K, with revenue exceeding expenses.
Executive Compensation Analysis
Camp Laughing Loon reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based. This is highly commendable for a nonprofit of its size, as it maximizes resources available for its mission.
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 Laughing Loon:
- Strong and consistent revenue growth (e.g., $110,840 in 2020 to $240,445 in 2023).
- Significant asset accumulation ($16,776 in 2020 to $175,021 in 2023).
- Zero liabilities reported in recent years (2021-2023), indicating excellent financial stability.
- 0% officer compensation across all filings, maximizing program spending.
- Consistent IRS 990 filing history (13 filings) demonstrates transparency.
Frequently Asked Questions about Camp Laughing Loon
Is Camp Laughing Loon a legitimate charity?
Based on AI analysis of IRS 990 filings, Camp Laughing Loon (EIN: 16029249) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Camp Laughing Loon spend its money?
Camp Laughing Loon directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Camp Laughing Loon tax-deductible?
Camp Laughing Loon is registered as a tax-exempt nonprofit (EIN: 16029249). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Camp Laughing Loon compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Camp Laughing Loon is above average for NTEE category P27Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Camp Laughing Loon located?
Camp Laughing Loon is headquartered in E Waterboro, Maine and files with the IRS under EIN 16029249. It is classified under NTEE code P27Z.
How many years of IRS 990 filings does Camp Laughing Loon have?
Camp Laughing Loon 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 $257K in total revenue.
Is Camp Laughing Loon a good charity?
Based on the financial data, Camp Laughing Loon appears to be a very good charity. It demonstrates strong financial health with growing revenues and assets, no liabilities in recent years, and a volunteer-led structure that ensures resources are directed towards its mission.
How has Camp Laughing Loon's financial health changed over time?
Camp Laughing Loon has shown significant financial improvement. Revenue has more than doubled from $110,840 in 2020 to $240,445 in 2023, and assets have grown dramatically from $16,776 in 2020 to $175,021 in 2023. The organization has also eliminated liabilities since 2021.
What is Camp Laughing Loon's approach to executive compensation?
Camp Laughing Loon has a highly efficient approach to executive compensation, reporting 0% officer compensation in all available filings. This means all officers serve on a volunteer basis, allowing more funds to be allocated to programs.
Filing History
IRS 990 filing history for Camp Laughing Loon showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Camp Laughing Loon's revenue has grown by 178.6%, moving from $86K to $240K. Total assets increased by 5410.7% over the same period, from $3K to $175K. Total functional expenses rose by 112.7%, from $92K to $196K. In its most recent filing year (2023), Camp Laughing Loon reported a surplus of $44K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $240K | $196K | $175K | $0 | — | — |
| 2022 | $181K | $154K | $131K | $0 | — | — |
| 2021 | $239K | $148K | $105K | $0 | — | View 990 |
| 2020 | $111K | $95K | $17K | $2K | — | View 990 |
| 2019 | $116K | $121K | $17K | $19K | — | View 990 |
| 2018 | $111K | $113K | $5K | $551 | — | View 990 |
| 2017 | $111K | $108K | $7K | $584 | — | View 990 |
| 2016 | $98K | $99K | $3K | $556 | — | View 990 |
| 2015 | $89K | $95K | $4K | $626 | — | View 990 |
| 2014 | $108K | $108K | $9K | $626 | — | View 990 |
| 2013 | $92K | $90K | $9K | $560 | — | View 990 |
| 2012 | $100K | $82K | $6K | $40 | — | View 990 |
| 2011 | $86K | $92K | $3K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $240K, expenses of $196K, and assets of $175K (revenue +33.1% year-over-year).
- 2022: Revenue of $181K, expenses of $154K, and assets of $131K (revenue -24.3% year-over-year).
- 2021: Revenue of $239K, expenses of $148K, and assets of $105K (revenue +115.3% year-over-year).
- 2020: Revenue of $111K, expenses of $95K, and assets of $17K (revenue -4.4% year-over-year).
- 2019: Revenue of $116K, expenses of $121K, and assets of $17K (revenue +4.6% year-over-year).
- 2018: Revenue of $111K, expenses of $113K, and assets of $5K (revenue -0.6% year-over-year).
- 2017: Revenue of $111K, expenses of $108K, and assets of $7K (revenue +13.8% year-over-year).
- 2016: Revenue of $98K, expenses of $99K, and assets of $3K (revenue +9.8% year-over-year).
- 2015: Revenue of $89K, expenses of $95K, and assets of $4K (revenue -17.6% year-over-year).
- 2014: Revenue of $108K, expenses of $108K, and assets of $9K (revenue +17.3% year-over-year).
- 2013: Revenue of $92K, expenses of $90K, and assets of $9K (revenue -7.4% year-over-year).
- 2012: Revenue of $100K, expenses of $82K, and assets of $6K (revenue +15.4% year-over-year).
- 2011: Revenue of $86K, expenses of $92K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Camp Laughing Loon:
Data Sources and Methodology
This transparency report for Camp Laughing Loon 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.