Camp Lurecrest Inc in Charlotte, North Carolina (NC)

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Camp Lurecrest Inc
Employer Identification Number (EIN)561767793
Name of OrganizationCamp Lurecrest Inc
Address10800 Sikes Pl Ste 310, Charlotte, NC 28277-8125
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date01/1993
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,966,727
Amount of Income$1,225,726
Form 990 Revenue Amount$1,218,695
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Recreational and Sporting Camps


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Amount of income in 2013: $1,225,726
This organization: 

 $1,225,726
Other organizations performing similar types of work: 

 $326,237

Assets in 2013: $2,966,727
Camp Lurecrest Inc: 

 $2,966,727
Other organizations performing similar types of work: 

 $557,138

Expenses in 2012: $968,545
Camp Lurecrest Inc: 

 $968,545
Other organizations performing similar types of work: 

 $285,420

Income to expenses ratio in 2012: 1.3
This organization: 

 1.3
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2006: 66.5%
This organization: 

 66.5%
Other organizations performing similar types of work: 

 81.8%

Number of employees in 2012: 69
Camp Lurecrest Inc: 

 69
Other organizations performing similar types of work: 

 28

Grants share in income in 2012: 68.2%
This organization: 

 68.2%
Other organizations performing similar types of work: 

 46.8%

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$1,945,412
Contributions, Gifts, Grants and Other Similar Amounts$1,327,003
Program Service Revenue$623,973
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net loss from fundraising events$-5,834
Gross income from fundraising events$0
Less: direct expenses$5,834
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$270
Statement of Functional Expenses (for 2012)
Total functional expenses$968,545
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$159,344
Payroll taxes$13,200
Professional fundraising services$0
Other$796,001
Balance Sheet (for 2012)
Total assets$2,823,936
Total liabilities$499,831
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$499,831
Total net assets or fund balances$2,324,105
Retained earnings, endowment, accumulated income, or other funds$922,438
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$4,818,342
Gifts, grants, contributions, and membership fees received$2,233,354
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$2,584,988
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Revenue, Expenses, and Changes in Net Assets or Fund Balances
200120022003200420052006
Total revenue$1,722,032$680,854$739,932$1,068,536$889,346$817,894
Contributions, gifts, grants, and similar amounts received$312,508$249,934$341,079$295,170$365,500$407,412
Contributions to donor advised funds$0
Direct public support$312,508$249,934$247,362$295,170$365,500$407,412
Indirect public support$0$0$93,717$0$0$0
Government contributions (grants)$0$0$0$0$0$0
Program service revenue including government fees and contracts$429,288$403,633$380,489$406,276$345,427$408,315
Membership dues and assessments$0$0$0$0$0$0
Interest on savings and temporary cash investments$1,479$26,009$468$315$0$2,167
Dividends and interest from securities$0$0$0$0$0$0
Net rental income or (loss)$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0
Other investment income$0$0$-4,936$24,371$9,095$0
Gain or (loss) from sales of assets other than inventory$958,191$0$0$0$0$0
Gross amount from sales of assets other than inventory$970,836$0$0$0$0$0
Less: cost or other basis and sales expenses$12,645$0$0$0$0$0
Net income or (loss) from special events and activities$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0
Other revenue$20,566$1,278$22,832$342,404$169,324$0
Total expenses$806,232$689,103$750,271$923,381$1,018,330$980,573
Program services$635,226$519,953$612,704$806,549$844,480$651,997
Management and general$111,793$106,821$122,572$99,514$149,865$264,727
Fundraising$59,213$62,329$14,995$17,318$23,985$63,849
Payments to affiliates$0$0$0$0$0$0
Net assets or fund balances at end of year$1,374,031$1,365,782$1,355,443$1,500,598$1,371,614$1,243,757
Excess or (deficit) for the year$915,800$-8,249$-10,339$145,155$-128,984$-162,679
Net assets or fund balances at beginning of year$458,131$1,374,031$1,365,782$1,355,443$1,500,598$1,371,614
Other changes in net assets or fund balances$100$0$0$0$0$34,822
Statement of Functional Expenses (for 2006)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$980,573$651,997$264,727$63,849
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$58,000$10,000$30,000$18,000
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$312,464$203,785$92,146$16,533
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$43,763$0$28,763$15,000
Payroll taxes$35,886$20,455$11,961$3,470
Professional fundraising fees$3,333$0$0$3,333
Accounting fees$4,377$1,012$3,365$0
Legal fees$8,431$8,406$25$0
Supplies$0$0$0$0
Telephone$11,596$0$11,596$0
Postage and shipping$5,059$53$5,006$0
Occupancy$42,287$29,900$12,387$0
Equipment rental and maintenance$65,473$64,728$745$0
Printing and publications$5,971$187$0$5,784
Travel$28,409$24,493$3,916$0
Conferences, conventions, and meetings$1,729$0$0$1,729
Interest$23,315$0$23,315$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$330,480$288,978$41,502$0
Balance Sheets
200120022003200420052006
Total assets$1,385,818$1,403,177$1,358,438$1,534,047$1,589,702$1,800,024
Cash - non-interest-bearing$15,982$35,423$8,962$694$0$52,730
Savings and temporary cash investments$50$1,196$0$971$0$0
Accounts receivable less allowance for doubtful accounts$0$0$3,075$0$2,000$5,000
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0
Prepaid expenses and deferred charges$0$0$0$0$0$0
Investments - publicly-traded securities$0
Investments - other securities$0$0$0$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$620,094$725,859$771,965$1,069,340$1,370,300$1,654,324
Investments - other$749,692$640,699$574,436$463,042$217,402$87,970
Land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0
Other assets, including program-related investments$0$0$0$0$0$0
Total liabilities$11,787$37,395$2,995$33,449$218,088$556,267
Accounts payable and accrued expenses$0$0$0$0$0$103,756
Grants payable$0$0$0$0$0$0
Deferred revenue$0$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$18,730$184,892$452,511
Other liabilities$11,787$37,395$2,995$14,719$33,196$0
Total liabilities and net assets/fund balances$1,385,818$1,403,177$1,358,438$1,534,047$1,589,702$1,800,024
Total net assets or fund balances$1,374,031$1,365,782$1,355,443$1,500,598$1,371,614$1,243,757
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
200120022003200420052006
Total revenue$0$0$0$0$889,346$817,894
Total revenue, gains, and other support per audited financial statements$0$0$0$0$889,346$817,894
Other expenses$0$0$0$0$0$0
Net unrealized gains on investments$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0
Other$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0
Other$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
200120022003200420052006
Total expenses$0$0$0$0$1,018,330$980,573
Total expenses and losses per audited financial statements$0$0$0$0$1,018,330$980,573
Other revenue$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0
Losses$0$0$0$0$0$0
Other$0$0$0$0$0$0
Other expenses$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0
Other$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings8
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?Yes
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20068
Analysis of Income-Producing Activities (for 2006)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$0$410,482
Program service revenue
Program service revenue 1000000$000$0$258,264
Program service revenue 2000000$000$0$31,253
Program service revenue 3000000$000$0$5,000
Program service revenue 4000000$000$0$58,441
Program service revenue 5000000$000$0$55,357
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$2,167
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2006)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2006)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2006)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees
Support Schedule
200020012002200320042005
Total$641,661$763,841$680,854$745,932$1,068,536$889,346
Gifts, grants, and contributions received$209,277$312,508$249,934$347,079$295,170$365,500
Membership fees received$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$416,075$429,288$403,633$380,489$406,276$345,427
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$603$1,479$26,009$468$24,686$9,095
Net income from unrelated business activities not included above$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0
Other income$15,706$20,566$1,278$17,896$342,404$169,324
Lobbying Expenditures by Electing Public Charities (for 2006)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Camp Lurecrest Inc10800 Sikes Pl Ste 310, Charlotte, NC 28277-8125NC1993-01$1,225,726
2Sports And Arts In Schools Foundation Inc5812 Queens Blvd Ste 1, Woodside, NY 11377-7764NY1992-11$21,078,381
3Wyman Center Inc600 Kiwanis Dr, Eureka, MO 63025-2212MO1941-10$11,435,342
4Sandra And Leon Levine Jewish Community Center Inc5007 Providence Rd, Charlotte, NC 28226-5849NC1976-01$6,319,549
5Ymca Camp Ockanickon Inc1303 Stokes Rd, Medford, NJ 08055-8632NJ1943-12$4,477,683
6Royal Family Kids Inc3000 W Macarthur Blvd Ste 412, Santa Ana, CA 92704-7920CA1994-06$2,925,375
7Youth Ministry Resources Inc31 Church St, Alpharetta, GA 30009-3636GA1988-07$1,691,108
8Sambica4114 W Lake Sammamish Pkwy Se, Bellevue, WA 98008-5937WA1973-07$1,604,260
9Christmount Christian Assembly Inc222 Fern Way, Black Mtn, NC 28711-9771NC1951-05$1,602,589
10Variety Club Camp & Development Center For Handicapped ChildrenPO BOX 609, Worcester, PA 19490-0609PA1951-03$1,476,971
11Slammers Futbol Club2618 San Miguel Room No 120, Newport Beach, CA 92660-5437CA1998-05$1,396,972
12Triple R Ranch Inc3531 Bunch Walnuts Rd, Chesapeake, VA 23322-2826VA1990-06$1,363,443
13Winnarainbow Inc1301 Henry St, Berkeley, CA 94709-1928CA1983-04$1,146,092
14Veritans Club625 Lafayette Ave, Hawthorne, NJ 07506-3401NJ1953-03$1,072,953
15Mountain Top Youth Camp Inc1460 Mackay Ln, Pinnacle, NC 27043-8504NC1963-09$394,798
16Southern Bible Testimony Inc Living Water Ministries1510 W Deep Creek Rd, Bryson City, NC 28713-6905NC1948-05$256,593
17Shelby Christian School806 N Post Rd, Shelby, NC 28150-4247NC1982-09$251,152
18Camp Rainbow Inc6002 Chalet Dr, Oak Ridge, NC 27310-9201NC1998-09$141,363
19Carolina Rowing Foundation Inc4935 Prentice Place, Charlotte, NC 28210NC1994-04$20,000
20Holston Presbytery Camp IncPO BOX 4286993 HICKORY NUT GAP ROAD, Banner Elk, NC 28604NC1972-07$0
Number of organizations performing similar types of work
Alaska3
Alabama5
Arkansas4
Arizona3
California48
Colorado18
Connecticut17
District of Columbia1
Delaware2
Florida7
Georgia7
Iowa10
Idaho3
Illinois23
Indiana15
Kansas6
Kentucky8
Massachusetts21
Maryland13
Maine15
Michigan24
Minnesota25
Missouri10
Mississippi3
Montana3
North Carolina9
North Dakota3
Nebraska3
New Hampshire11
New Jersey19
New Mexico2
Nevada2
New York60
Ohio17
Oklahoma8
Oregon9
Pennsylvania31
Rhode Island5
South Carolina3
South Dakota2
Tennessee6
Texas39
Utah3
Virginia16
Vermont6
Washington8
Wisconsin14
West Virginia6
Wyoming2
International1
Total579

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