Clearwater Camp Foundation
- Assets
- $10.7m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 51
- Location
- Minocqua, WI
- Founding
- 11/2003
- Data as of
- 10/2023
- EIN
- 43-2024465
Organization Overview
Clearwater Camp Foundation is located in Minocqua, WI. The organization was established in 2003. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. As of 10/2023, Clearwater Camp Foundation employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clearwater Camp Foundation 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 10/2023, Clearwater Camp Foundation generated $2.8m in total revenue. All expenses for the organization totaled $1.3m during the year ending 10/2023. While expenses have increased by 18.6% per year over the past 4 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
THE FOUNDATION PROVIDES FUNDS FOR AND CONDUCTS RELATED CAMPING ACTIVITIES FOR DIRECTLY OPERATING CLEARWATER CAMP, A RESIDENTIAL SUMMER CAMP FOR GIRLS AND YOUNG WOMEN, WHICH IS LOCATED IN MINOCQUA, WISCONSIN
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAMP PROGRAM FOR GIRLS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Altorfer Vance Director | Trustee | 1 | $0 |
Melissa Sommer Segers Director | Trustee | 1 | $0 |
Alix Sommer Smith Director | Trustee | 1 | $0 |
Stephanie Cotherman Director | Trustee | 1 | $0 |
Debby Gray Director | Trustee | 1 | $0 |
Andrienne Testa Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,477,608 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,477,608 |
| Total Program Service Revenue | $1,246,006 |
| Investment income | $102,780 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,207 |
| Net Gain/Loss on Asset Sales | -$21,473 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$983 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,805,145 |
| 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 | $329,279 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,196 |
| Fees for services: Accounting | $31,935 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $45,667 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,222 |
| Interest | $14,506 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $69,026 |
| Insurance | $73,406 |
| All other expenses | $114,696 |
| Total functional expenses | $1,332,082 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,346,330 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,038 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,310 |
| Prepaid expenses and deferred charges | $32,867 |
| Net Land, buildings, and equipment | $1,412,229 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $779,240 |
| Intangible assets | $0 |
| Other assets | $6,162,445 |
| Total assets | $10,744,459 |
| Accounts payable and accrued expenses | $32,329 |
| 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 | $275,908 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $308,237 |
| Net assets without donor restrictions | $8,176,244 |
| Net assets with donor restrictions | $2,259,978 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $10,744,459 |