Wolfeboro Camp School Inc
Wolfeboro Camp School Inc. faces recurring operational deficits despite no reported officer compensation.
EIN: 20332048 · Wolfeboro, NH · NTEE: B25Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $2.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.6M |
| Transparency Score | 85/100 |
Is Wolfeboro Camp School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wolfeboro Camp School Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wolfeboro Camp School Inc
Wolfeboro Camp School Inc (EIN: 20332048) is a nonprofit organization based in Wolfeboro, NH, classified under NTEE code B25Z. The organization reported total revenue of $2.2M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wolfeboro Camp School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wolfeboro Camp School Inc is a mid-size nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-416,938 |
| Total Assets | $3.4M |
| Total Liabilities | $774K |
| Net Assets | $2.6M |
| Operating Margin | -24.4% |
| Debt-to-Asset Ratio | 23.0% |
| Months of Reserves | 19.0 months |
Financial Health Grade: B
In 2023, Wolfeboro Camp School Inc reported a deficit of $417K with expenses exceeding revenue, holds 19.0 months of operating reserves (strong position), has a debt-to-asset ratio of 23.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wolfeboro Camp School Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.0% | -2.8% | -10.6% |
| 2022 | -14.9% | +9.8% | -9.6% |
| 2021 | +6330.6% | +78.3% | -0.5% |
| 2020 | -98.6% | -52.7% | -11.9% |
| 2019 | -11.5% | +11.6% | -7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1977 |
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 Wolfeboro Camp School Inc 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: 90%
- fundraising: 0%
According to IRS 990 filings, Wolfeboro Camp School 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 deficit of $417K, with expenses exceeding revenue.
- Debt-to-asset ratio: 23.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries were paid to officers, directors, or trustees. This is highly unusual for an organization with over $2 million in annual revenue and suggests a volunteer-driven leadership or that compensation is categorized differently, though the 0% figure is a strong positive 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.
Red Flags
The following concerns were identified during AI analysis of Wolfeboro Camp School Inc's IRS 990 filings:
- Recurring operational deficits in recent years (e.g., 202309, 202209, 202109)
- Declining asset base from a peak of $5,159,848 in 201809 to $3,370,923 in 202309
Strengths
The following positive indicators were identified for Wolfeboro Camp School Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for leadership.
- Long operational history with 13 IRS 990 filings, demonstrating stability and transparency.
- Substantial asset base ($3,370,923 in 202309) provides a buffer despite recent deficits.
Frequently Asked Questions about Wolfeboro Camp School Inc
Is Wolfeboro Camp School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wolfeboro Camp School Inc (EIN: 20332048) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Wolfeboro Camp School Inc spend its money?
Wolfeboro Camp School Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wolfeboro Camp School Inc tax-deductible?
Wolfeboro Camp School Inc is registered as a tax-exempt nonprofit (EIN: 20332048). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Wolfeboro Camp School Inc CEO make?
Wolfeboro Camp School Inc's highest-compensated officer earns $2 annually. The organization reported $2.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Wolfeboro Camp School Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Wolfeboro Camp School Inc is above average for NTEE category B25Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wolfeboro Camp School Inc located?
Wolfeboro Camp School Inc is headquartered in Wolfeboro, New Hampshire and files with the IRS under EIN 20332048. It is classified under NTEE code B25Z.
How many years of IRS 990 filings does Wolfeboro Camp School Inc have?
Wolfeboro Camp School 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 $2.2M in total revenue.
Is Wolfeboro Camp School Inc. financially sustainable given its recent deficits?
The organization has experienced deficits in recent years (e.g., $1,709,047 revenue vs. $2,125,985 expenses in 202309). While it has a significant asset base ($3,370,923 in 202309), a sustained trend of spending more than it earns could challenge long-term financial sustainability if not addressed.
How does the lack of officer compensation impact the organization?
The consistent reporting of 0% officer compensation is a strong positive, suggesting that funds are not being diverted to executive salaries. This indicates a high degree of efficiency in this area and potentially a volunteer-led leadership, which can enhance donor confidence.
What caused the significant drop in revenue in 202009?
Revenue dropped dramatically to $29,178 in 202009 from over $2 million in prior years. This significant decrease, likely due to the COVID-19 pandemic, severely impacted operations, though expenses were also reduced compared to previous years.
Filing History
IRS 990 filing history for Wolfeboro Camp School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wolfeboro Camp School Inc's revenue has declined by 32%, moving from $2.5M to $1.7M. Total assets decreased by 21.8% over the same period, from $4.3M to $3.4M. Total functional expenses fell by 10.1%, from $2.4M to $2.1M. In its most recent filing year (2023), Wolfeboro Camp School Inc reported a deficit of $417K, with expenses exceeding revenue. The organization holds $774K in liabilities against $3.4M in assets (debt-to-asset ratio: 23.0%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $2.1M | $3.4M | $774K | — | View 990 |
| 2022 | $1.6M | $2.2M | $3.8M | $914K | — | View 990 |
| 2021 | $1.9M | $2.0M | $4.2M | $722K | — | View 990 |
| 2020 | $29K | $1.1M | $4.2M | $626K | — | — |
| 2019 | $2.0M | $2.4M | $4.8M | $105K | — | View 990 |
| 2018 | $2.3M | $2.1M | $5.2M | $172K | — | View 990 |
| 2017 | $2.4M | $2.4M | $5.0M | $195K | — | View 990 |
| 2016 | $2.7M | $2.7M | $5.0M | $273K | — | View 990 |
| 2015 | $2.9M | $2.6M | $5.1M | $341K | — | View 990 |
| 2014 | $2.7M | $2.6M | $4.9M | $395K | — | View 990 |
| 2013 | $2.7M | $2.5M | $4.8M | $429K | — | View 990 |
| 2012 | $2.7M | $2.3M | $4.7M | $473K | — | View 990 |
| 2011 | $2.5M | $2.4M | $4.3M | $473K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $2.1M, and assets of $3.4M (revenue +7.0% year-over-year).
- 2022: Revenue of $1.6M, expenses of $2.2M, and assets of $3.8M (revenue -14.9% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2.0M, and assets of $4.2M (revenue +6330.6% year-over-year).
- 2020: Revenue of $29K, expenses of $1.1M, and assets of $4.2M (revenue -98.6% year-over-year).
- 2019: Revenue of $2.0M, expenses of $2.4M, and assets of $4.8M (revenue -11.5% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.1M, and assets of $5.2M (revenue -6.2% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.4M, and assets of $5.0M (revenue -9.6% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.7M, and assets of $5.0M (revenue -5.9% year-over-year).
- 2015: Revenue of $2.9M, expenses of $2.6M, and assets of $5.1M (revenue +7.4% year-over-year).
- 2014: Revenue of $2.7M, expenses of $2.6M, and assets of $4.9M (revenue -1.6% year-over-year).
- 2013: Revenue of $2.7M, expenses of $2.5M, and assets of $4.8M (revenue +1.3% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.3M, and assets of $4.7M (revenue +6.8% year-over-year).
- 2011: Revenue of $2.5M, expenses of $2.4M, and assets of $4.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wolfeboro Camp School Inc:
Data Sources and Methodology
This transparency report for Wolfeboro Camp School 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.