Camp Laughing Loon
- Assets
- $175.0k
- Revenue
- $240.4k
- Investments
- $0.0
- Employees
- 26
- Location
- Saco, ME
- Founding
- 01/1968
- Data as of
- 12/2023
- EIN
- 01-6029249
Organization Overview
Camp Laughing Loon is located in Saco, ME. The organization was established in 1968. According to its NTEE Classification (P27) the organization is classified as: Young Mens or Womens Associations, under the broad grouping of Human Services and related organizations. As of 12/2023, Camp Laughing Loon employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Camp Laughing Loon is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Camp Laughing Loon generated $240.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $196.5k during the year ending 12/2023. While expenses have increased by 8.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OFFER A QUALITY DAY CAMP EXPERIENCE FOR CHILDREN AGES 6-12. WE ARE COMMITTED TO PROVIDING A SAFE, NURTURING, EDUCATIONAL ENVIRONMENT WITH A VARIETY OF ACTIVITIES THAT ARE DEVELOPMENTALLY APPROPRIATE AT EACH AGE LEVEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SUMMER DAY CAMP FOR CHILDREN AGES 6-12. THE CAMP IS COMMITTED TO PROVIDING A SAFE, NURTURING, EDUCATIONAL ENVIRONMENT WITH A VARIETY OF ACTIVITIES THAT ARE DEVELOPMENTALLY APPROPRIATE AT EACH AGE LEVEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Lariviere Co-Vice President | OfficerTrustee | 2 | $0 |
James Welsch Secretary | OfficerTrustee | 1 | $0 |
Keara White Co-Vice President | OfficerTrustee | 1 | $0 |
James Cox Treasurer | OfficerTrustee | 2 | $0 |
Deborah Harriman Camp Director Liason | OfficerTrustee | 1 | $0 |
Sandy Labelle President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,869 |
| Related organizations | $0 |
| Government grants | $1,160 |
| All other contributions, gifts, grants, and similar amounts not included above | $457 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,486 |
| Total Program Service Revenue | $216,980 |
| Investment income | $1,654 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,814 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,890 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $240,445 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $109,203 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,354 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,873 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,565 |
| Advertising and promotion | $330 |
| Office expenses | $3,516 |
| Information technology | $543 |
| Royalties | $0 |
| Occupancy | $28,142 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,917 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,710 |
| Insurance | $12,947 |
| All other expenses | $0 |
| Total functional expenses | $196,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,371 |
| Savings and temporary cash investments | $103,551 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $41,099 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $175,021 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $175,021 |
| Total liabilities and net assets/fund balances | $175,021 |