Camp Fern Legacy
- Assets
- $252.9k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 68
- Location
- Marshall, TX
- Founding
- Data as of
- 12/2023
- EIN
- 88-3281650
Organization Overview
Camp Fern Legacy is located in Marshall, TX. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Camp Fern Legacy employed 68 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Camp Fern Legacy 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 Fern Legacy generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 63.8% each year . All expenses for the organization totaled $1.5m during the year ending 12/2023. 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
CAMP FERN LEGACY'S MISSION IS TO ENCOURAGE BOYS & GIRLS TO GROW INTO WELL-BALANCED, SELF-ASSURED YOUNG MEN & WOMEN. CHILDREN LEARN TO VALUE NATURE AND FOLLOW THEIR PASSIONS AND INTERESTS. PERSONAL DEVELOPMENT IS THE CENTER OF A SUMMER AT CAMP FERN LEGACY. OUR MOTTO IS "GOD FIRST, OTHERS SECOND, I AM THIRD".
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAMP FERN LEGACY'S MISSION IS TO ENCOURAGE BOYS & GIRLS TO GROW INTO WELL-BALANCED, SELF-ASSURED YOUNG MEN & WOMEN. CHILDREN LEARN TO VALUE NATURE AND FOLLOW THEIR PASSIONS AND INTERESTS. PERSONAL DEVELOPMENT IS THE CENTER OF A SUMMER AT CAMP FERN LEGACY. OUR MOTTO IS "GOD FIRST, OTHERS SECOND, I AM THIRD".
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erica A Olsen Executive Dir. | Officer | 50 | $72,500 |
Roy Trey Price III President | OfficerTrustee | 10 | $0 |
Justin Davis Secretary | OfficerTrustee | 15 | $0 |
Kathryn Lake Treasurer | OfficerTrustee | 10 | $0 |
Andy Clark Director | Trustee | 10 | $0 |
John Littlejohn Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $129,358 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $402,397 |
| Noncash contributions included in lines 1a–1f | $177,301 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $531,755 |
| Total Program Service Revenue | $726,283 |
| Investment income | $262 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $35,500 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$226 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,293,599 |
| 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. | $72,500 |
| Compensation of current officers, directors, key employees. | $10,875 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $281,108 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $27,052 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20,524 |
| Fees for services: Accounting | $13,175 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,700 |
| Advertising and promotion | $2,935 |
| Office expenses | $3,829 |
| Information technology | $27,264 |
| Royalties | $0 |
| Occupancy | $65,831 |
| Travel | $3,458 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $108 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,846 |
| Insurance | $52,550 |
| All other expenses | $92,680 |
| Total functional expenses | $1,481,756 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,763 |
| Savings and temporary cash investments | $0 |
| 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 | $131,821 |
| Investments—publicly traded securities | $50,262 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,005 |
| Total assets | $252,851 |
| Accounts payable and accrued expenses | $196 |
| Grants payable | $0 |
| Deferred revenue | $98,344 |
| 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 | $11,504 |
| Total liabilities | $110,044 |
| Net assets without donor restrictions | $142,807 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $252,851 |