Camp Watermarks Inc
Camp Watermarks Inc shows strong revenue growth and efficient spending with no reported officer compensation.
EIN: 208642519 · Scottsville, VA · NTEE: O550 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $2.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $437K |
| Transparency Score | 90/100 |
Is Camp Watermarks Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Camp Watermarks Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Camp Watermarks Inc
Camp Watermarks Inc (EIN: 208642519) is a nonprofit organization based in Scottsville, VA, classified under NTEE code O550. The organization reported total revenue of $2.4M and total assets of $801K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Camp Watermarks Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Camp Watermarks Inc is a mid-size nonprofit that has been operating for 16 years, with 16 years of IRS 990 filings on record (2008–2023). Revenue has grown at a compound annual rate of 14.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$240K |
| Total Assets | $786K |
| Total Liabilities | $349K |
| Net Assets | $437K |
| Operating Margin | 10.2% |
| Debt-to-Asset Ratio | 44.4% |
| Months of Reserves | 4.4 months |
Financial Health Grade: A
In 2023, Camp Watermarks Inc reported a surplus of $240K with revenue exceeding expenses, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 44.4% (moderate leverage).
Financial Trends
Over 16 years of filings (2008–2023), Camp Watermarks Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.5% | +2.4% | +37.3% |
| 2022 | +53.6% | +75.3% | +21.0% |
| 2021 | +188.2% | +65.1% | +7.8% |
| 2020 | -71.0% | -49.1% | -18.1% |
| 2019 | +17.9% | +5.2% | +20.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
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 Watermarks Inc with a Mission Score of 90 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 Watermarks Inc 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 $240K, with revenue exceeding expenses.
- Debt-to-asset ratio: 44.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with revenues exceeding $2 million. This suggests either a volunteer-led executive team or that executive compensation is categorized differently within their financial statements, warranting further investigation for complete transparency.
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 Watermarks Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size, which may obscure actual executive remuneration if it's categorized elsewhere.
Strengths
The following positive indicators were identified for Camp Watermarks Inc:
- Strong revenue growth, increasing from $444,046 in 2020 to $2,367,383 in 2023.
- Consistent positive net assets, growing from $439,109 in 2020 to $786,038 in 2023.
- Efficient spending with expenses generally well below revenue, indicating sound financial management (e.g., 2023 revenue $2,367,383 vs. expenses $2,127,070).
- High program spending ratio, indicating a strong focus on its mission.
Frequently Asked Questions about Camp Watermarks Inc
Is Camp Watermarks Inc a legitimate charity?
Camp Watermarks Inc (EIN: 208642519) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 90/100. It has 16 years of IRS 990 filings on record. Total revenue: $2.4M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Camp Watermarks Inc spend its money?
Camp Watermarks Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Camp Watermarks Inc tax-deductible?
Camp Watermarks Inc is registered as a tax-exempt nonprofit (EIN: 208642519). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Camp Watermarks Inc CEO make?
Camp Watermarks Inc's highest-compensated officer earns $2 annually. The organization reported $2.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Camp Watermarks Inc's spending goes to programs?
Camp Watermarks Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Camp Watermarks Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Camp Watermarks Inc is above average for NTEE category O550 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Camp Watermarks Inc located?
Camp Watermarks Inc is headquartered in Scottsville, Virginia and files with the IRS under EIN 208642519. It is classified under NTEE code O550.
How many years of IRS 990 filings does Camp Watermarks Inc have?
Camp Watermarks Inc has 16 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 $2.4M in total revenue.
How does Camp Watermarks Inc manage to operate with 0% reported officer compensation given its scale?
The consistent reporting of 0% officer compensation across all filings, even with revenues exceeding $2 million, is highly unusual. This could indicate a volunteer-led executive team, or that executive compensation is classified under other expense categories, which would require reviewing the full 990 for detailed breakdowns.
What is the specific breakdown of program expenses for Camp Watermarks Inc?
While the overall program spending appears high, the provided data does not offer a specific breakdown of what constitutes these program expenses. Further detail would be found in Part III of the IRS Form 990.
Has Camp Watermarks Inc experienced any significant financial challenges in recent years?
The organization experienced a period in 2020 where expenses ($717,882) significantly exceeded revenue ($444,046), leading to a net loss. However, they have since recovered strongly, with revenue consistently exceeding expenses in subsequent years, such as in 2023 where revenue was $2,367,383 against expenses of $2,127,070.
Filing History
IRS 990 filing history for Camp Watermarks Inc showing financial trends over 16 years of public records:
Over 16 years of IRS 990 filings (2008–2023), Camp Watermarks Inc's revenue has grown by 644.7%, moving from $318K to $2.4M. Total assets increased by 1045.1% over the same period, from $69K to $786K. Total functional expenses rose by 689.4%, from $269K to $2.1M. In its most recent filing year (2023), Camp Watermarks Inc reported a surplus of $240K, with revenue exceeding expenses. The organization holds $349K in liabilities against $786K in assets (debt-to-asset ratio: 44.4%), resulting in net assets of $437K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.1M | $786K | $349K | — | View 990 |
| 2022 | $2.0M | $2.1M | $573K | $376K | — | View 990 |
| 2021 | $1.3M | $1.2M | $473K | $164K | — | View 990 |
| 2020 | $444K | $718K | $439K | $225K | — | — |
| 2019 | $1.5M | $1.4M | $536K | $48K | — | View 990 |
| 2018 | $1.3M | $1.3M | $447K | $81K | — | View 990 |
| 2017 | $1.3M | $1.2M | $452K | $46K | — | — |
| 2016 | $1.1M | $1.1M | $295K | $16K | — | View 990 |
| 2015 | $927K | $809K | $257K | $18K | — | View 990 |
| 2014 | $927K | $809K | $257K | $18K | — | View 990 |
| 2013 | $748K | $729K | $131K | $11K | — | View 990 |
| 2012 | $706K | $666K | $121K | $19K | — | View 990 |
| 2011 | $632K | $583K | $80K | $18K | — | View 990 |
| 2010 | $468K | $481K | $74K | $56K | — | View 990 |
| 2009 | $365K | $399K | $66K | $34K | — | View 990 |
| 2008 | $318K | $269K | $69K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.1M, and assets of $786K (revenue +20.5% year-over-year).
- 2022: Revenue of $2.0M, expenses of $2.1M, and assets of $573K (revenue +53.6% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.2M, and assets of $473K (revenue +188.2% year-over-year).
- 2020: Revenue of $444K, expenses of $718K, and assets of $439K (revenue -71.0% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.4M, and assets of $536K (revenue +17.9% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $447K (revenue -1.6% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.2M, and assets of $452K (revenue +22.0% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $295K (revenue +16.7% year-over-year).
- 2015: Revenue of $927K, expenses of $809K, and assets of $257K (revenue +0.0% year-over-year).
- 2014: Revenue of $927K, expenses of $809K, and assets of $257K (revenue +24.0% year-over-year).
- 2013: Revenue of $748K, expenses of $729K, and assets of $131K (revenue +5.8% year-over-year).
- 2012: Revenue of $706K, expenses of $666K, and assets of $121K (revenue +11.9% year-over-year).
- 2011: Revenue of $632K, expenses of $583K, and assets of $80K (revenue +35.1% year-over-year).
- 2010: Revenue of $468K, expenses of $481K, and assets of $74K (revenue +28.0% year-over-year).
- 2009: Revenue of $365K, expenses of $399K, and assets of $66K (revenue +14.9% year-over-year).
- 2008: Revenue of $318K, expenses of $269K, and assets of $69K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Camp Watermarks Inc:
Data Sources and Methodology
This transparency report for Camp Watermarks 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.