Camp Okoboji Lcms Foundaton Inc
Camp Okoboji Lcms Foundation Inc consistently maintains low expenses and zero liabilities, growing assets significantly.
EIN: 205071748 · Milford, IA · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $117K |
| Total Expenses | $23K |
| Program Spending | 90% |
| Net Assets | $794K |
| Transparency Score | 92/100 |
Is Camp Okoboji Lcms Foundaton Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Camp Okoboji Lcms Foundaton Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Camp Okoboji Lcms Foundaton Inc
Camp Okoboji Lcms Foundaton Inc (EIN: 205071748) is a nonprofit organization based in Milford, IA, classified under NTEE code B82. The organization reported total revenue of $117K and total assets of $903K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Camp Okoboji Lcms Foundaton Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Camp Okoboji Lcms Foundaton Inc is a small nonprofit that has been operating for 6 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $94K |
| Total Expenses | $23K |
| Surplus / Deficit | +$72K |
| Total Assets | $794K |
| Net Assets | $794K |
| Operating Margin | 75.9% |
| Months of Reserves | 419.2 months |
Financial Health Grade: A
In 2023, Camp Okoboji Lcms Foundaton Inc reported a surplus of $72K with revenue exceeding expenses, holds 419.2 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2016–2023), Camp Okoboji Lcms Foundaton Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +56.1% | -10.7% | +20.4% |
| 2022 | -48.3% | -18.9% | -10.5% |
| 2021 | +35.2% | +77.2% | +24.3% |
| 2020 | +18.3% | -46.9% | +27.7% |
| 2019 | +560.5% | +126.4% | +39.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
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 Okoboji Lcms Foundaton Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Camp Okoboji Lcms Foundaton Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $72K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through mechanisms not classified as officer compensation, which is highly favorable for resource allocation.
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 Okoboji Lcms Foundaton Inc:
- Exceptional financial health with consistent asset growth (e.g., $339,467 in 2016 to $793,707 in 2023).
- Very low expenses relative to revenue (e.g., $22,722 expenses on $94,448 revenue in 2023).
- Zero reported liabilities across all filing periods, indicating strong financial stability.
- 0% officer compensation reported, suggesting efficient use of funds and potentially volunteer leadership.
- Consistent IRS 990 filing history demonstrating transparency.
Frequently Asked Questions about Camp Okoboji Lcms Foundaton Inc
Is Camp Okoboji Lcms Foundaton Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Camp Okoboji Lcms Foundaton Inc (EIN: 205071748) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Camp Okoboji Lcms Foundaton Inc spend its money?
Camp Okoboji Lcms Foundaton Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Camp Okoboji Lcms Foundaton Inc tax-deductible?
Camp Okoboji Lcms Foundaton Inc is registered as a tax-exempt nonprofit (EIN: 205071748). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Camp Okoboji Lcms Foundaton Inc's spending goes to programs?
Camp Okoboji Lcms Foundaton Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Camp Okoboji Lcms Foundaton Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Camp Okoboji Lcms Foundaton Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Camp Okoboji Lcms Foundaton Inc located?
Camp Okoboji Lcms Foundaton Inc is headquartered in Milford, Iowa and files with the IRS under EIN 205071748. It is classified under NTEE code B82.
How many years of IRS 990 filings does Camp Okoboji Lcms Foundaton Inc have?
Camp Okoboji Lcms Foundaton Inc has 8 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 $117K in total revenue.
Is Camp Okoboji Lcms Foundation Inc a good charity?
Based on the provided financial data, Camp Okoboji Lcms Foundation Inc appears to be a very good charity. It demonstrates exceptional financial health with consistent asset growth (from $339,467 in 2016 to $793,707 in 2023), very low expenses relative to revenue (e.g., $22,722 expenses on $94,448 revenue in 2023), and zero reported liabilities across all periods. The 0% officer compensation is also a strong positive indicator of efficient resource use.
How does the organization manage its expenses?
The organization manages its expenses very efficiently. For example, in 2023, expenses were only $22,722 against revenues of $94,448, representing a very low expense ratio. This suggests a strong focus on directing funds towards its mission and minimizing overhead.
What is the trend in the organization's assets?
The organization's assets have shown a strong and consistent upward trend, growing from $339,467 in 2016 to $793,707 in 2023. This indicates sound financial management and accumulation of resources over time.
Filing History
IRS 990 filing history for Camp Okoboji Lcms Foundaton Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Camp Okoboji Lcms Foundaton Inc's revenue has grown by 63.3%, moving from $58K to $94K. Total assets increased by 133.8% over the same period, from $339K to $794K. Total functional expenses rose by 97.8%, from $11K to $23K. In its most recent filing year (2023), Camp Okoboji Lcms Foundaton Inc reported a surplus of $72K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $94K | $23K | $794K | $0 | — | — |
| 2022 | $60K | $25K | $659K | $0 | — | View 990 |
| 2021 | $117K | $31K | $737K | $0 | — | View 990 |
| 2020 | $87K | $18K | $593K | $0 | — | — |
| 2019 | $73K | $33K | $464K | $0 | — | View 990 |
| 2018 | $11K | $15K | $332K | $0 | — | View 990 |
| 2017 | $11K | $13K | $372K | $0 | — | View 990 |
| 2016 | $58K | $11K | $339K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $94K, expenses of $23K, and assets of $794K (revenue +56.1% year-over-year).
- 2022: Revenue of $60K, expenses of $25K, and assets of $659K (revenue -48.3% year-over-year).
- 2021: Revenue of $117K, expenses of $31K, and assets of $737K (revenue +35.2% year-over-year).
- 2020: Revenue of $87K, expenses of $18K, and assets of $593K (revenue +18.3% year-over-year).
- 2019: Revenue of $73K, expenses of $33K, and assets of $464K (revenue +560.5% year-over-year).
- 2018: Revenue of $11K, expenses of $15K, and assets of $332K (revenue +2.5% year-over-year).
- 2017: Revenue of $11K, expenses of $13K, and assets of $372K (revenue -81.3% year-over-year).
- 2016: Revenue of $58K, expenses of $11K, and assets of $339K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Camp Okoboji Lcms Foundaton Inc:
Data Sources and Methodology
This transparency report for Camp Okoboji Lcms Foundaton 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.