Camber Foundation FY2021 filing

Tax-deductible

Raleigh, NC501(c)(3)Since 1995Human ServicesEIN 56-1954387Revenue $30.4M in FY2021

On file with the IRScamberfoundation.org3605 Glenwood Ave Ste 200, 27612-3970 · Raleigh, NCTax-exempt since Dec 1997Publicly supported charity — 170(b)(1)(A)(vi)

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Invest in organizations that seek to strengthen communities through health and wellness, education, and economic development.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $4.1M a year · 28% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$256K
0.2% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$30.4M
+11% vs prior year
Spent
$20.0M
To programs
92%
Net assets
$143.3M
By yearFY2020–FY2025
Revenue
$30.4M
FY2021▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$27.4M
FY2021$30.4M
FY2022$4.4M
FY2023$6.3M
FY2024$8.8M
FY2025$10.6M
Expenses
$20.0M
FY2021▼ -16%
Tap a bar for its year
Expenses by fiscal year
FY2020$23.9M
FY2021$20.0M
FY2022$3.1M
FY2023$5.2M
FY2024$5.3M
FY2025$5.7M
Net assets
$143.3M
FY2021▲ +12%
Tap a bar for its year
Net assets by fiscal year
FY2020$127.8M
FY2021$143.3M
FY2022$132.3M
FY2023$143.9M
FY2024$154.1M
FY2025$168.1M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1997.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $18.4M Management & general 8% · $1.5M Fundraising 0% · $16K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Leslie Ann Jackson’s $284K as President and CEO is at the 72nd percentile of top reported officer pay among 3122 $10–100M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Leslie Ann Jackson$283,561$246,889$216,671$117,001
Christopher Fipps$111,009$100,328——
Phillip Cave———$95,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Camber Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Funds and creates education, employment, and economic development programs to improve the quality of life for individuals and families worldwide.

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Provided by the organization

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3 programs · $18.1M · in their own filed words · FY2021
01

Employment

Capital needs of goodwill industries of eastern north carolina provided over 450,000 square feet for employment space where camber foundation made a contribution to gienc that resulted in employment opportunities for 595 people through its 41 employment program centers serving 19 counties located throughout eastern north carolina in…

$16.0Mprogram expense
02

Education

Camber foundation provides grants that resulted in education and training through the internet in technology, math, and english. Serving over 40 million learners worldwide through training provided in english, spanish and portuguese.

$1.9Mprogram expense
03

Youth

Camber foundation provides grant funds regionally and internationally to provide resources for services to youth so they can have the opportunity to become successful adults by overcoming the social, cultural, and life barriers to their success as human beings through organizations that provide after school programming, residential care…

$201Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2021
Total grants receivedfrom 1 funder$10K
Grants paid · 208 grants · $45.9M · 2020–2025
Parent-WakemedNC · FY2025$175,000
Rural Opportunity Institute (fiscal Sponsor Area L Ahec)NC · FY2025$175,000
NC State University Cooperative ExtensionFY2025$171,500
NC State University Juntos ProgramFY2025$116,000
Medical Debt Resolution INCNY · FY2025$99,372
NC Field INCNC · FY2025$63,500
Mid-Carolina Regional CouncilFY2025$62,000
Hope ClinicNC · FY2025$53,000
See all 208 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$30.4M
Ln 12
Investment incomeLn 3$15.5M
Gifts and grantsLn 1h$14.2M
Fees for servicesLn 2g$427K
Money outPt IX
$20.0M
Ln 25
Programscol B$18.4M
Managementcol C$1.5M
Fundraisingcol D$16K
Owns and owesPt X
$143.3M
net assets · Ln 32
Cash and savingsLn 1–2$4.2M
Total assetsLn 16$143.5M
LiabilitiesLn 26$256K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$14.2M
Noncash giftsLn 1g$14.0M
Fees for servicesLn 2g$427K
Investment incomeLn 3$15.5M
Other incomeLn 4–11$273K
Gains on assetsLn 7$14.3M
Total revenueLn 12$30.4M
Assets in detailPt X, end of year
CashLn 1$3.7M
SavingsLn 2$448K
Cash and savings togetherLn 1–2$4.2M
InvestmentsLn 11–13$77.2M
Land, buildings, equipmentLn 10c$3.6M
Total assetsLn 16$143.5M
LiabilitiesLn 26$256K
Net assetsLn 32$143.3M
OperationsPt I, VI
EmployeesI 56
VolunteersI 613
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$6.7M$4.2M
InvestmentsLn 11–13$60.6M$77.2M
Land, buildings, equipmentLn 10c$56.9M$3.6M
Total assetsLn 16$129.8M$143.5M
LiabilitiesLn 26$2.0M$256K
Net assetsLn 32$127.8M$143.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$15.2M$15.2M
Grants and assistance to foreign recipientsLn 3$1.3M$1.3M
Other salaries and wagesLn 7$42K$37K$5K
Other employee benefitsLn 9$5K$5K$657
Payroll taxesLn 10$3K$3K$383
Management feesLn 11a$325K$292K$33K
Legal feesLn 11b$354K$318K$36K
Accounting feesLn 11c$41K$37K$4K
Investment management feesLn 11f$129K$129K
Other fees for servicesLn 11g$3K$3K$354
Advertising and promotionLn 12$787K$16K$755K$16K
Office expensesLn 13$31K$31K
Information technologyLn 14$6K$2K$4K
OccupancyLn 16$146K$146K
TravelLn 17$64K$49K$14K
Depreciation, depletion and amortizationLn 22$1.2M$1.1M$49K
InsuranceLn 23$9K$4K$6K
Other expenses (24a–d)Ln 24$333K$33K$301K
Total functional expensesLn 25$20.0M$18.4M$1.5M$16K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $10.6M$5.7M$4.9M$168.1M 990 PDF
FY2024 $8.8M$5.3M$3.5M$154.1M 990 PDF
FY2023 $6.3M$5.2M$1.1M$143.9M 990 PDF
FY2022 $4.4M$3.1M$1.3M$132.3M 990 PDF
FY2021 Viewing $30.4M$20.0M$10.4M$143.3M 990 PDF
FY2020 $27.4M$23.9M$3.5M$127.8M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $30,406,277 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $27,845,983$14,203,646
I-9 Program service revenuePrior year $0$427,456
I-10 Investment incomePrior year −$515,715$15,501,970
I-11 Other revenuePrior year $92,796$273,205
I-12 Total revenuePrior year $27,423,064$30,406,277
I-13 Grants and similar amounts paidPrior year $20,755,378$16,493,036
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$51,049
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,136,389$3,417,806
I-18 Total expensesPrior year $23,891,767$19,961,891
I-19 Revenue less expensesPrior year $3,531,297$10,444,386
Part VI · Governance 11 of 11 board members independent, 1 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $30,406,277 across 9 lines filed
VIII-1f All other contributions, gifts and grants$14,203,646
VIII-1g Noncash contributions (included above)$13,996,558
VIII-1h Total contributions, gifts and grants$14,203,646
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $427,456$427,456
VIII-3 Investment incomeExcluded from tax $1,231,858$1,231,858
VIII-6 Net rental income or lossRelated to mission $43,023$43,023
VIII-7 Net gain or loss on sales of assetsExcluded from tax $14,270,112$14,270,112
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $230,182$230,182
VIII-12 Total revenueRelated to mission $700,661 · Unrelated business $0 · Excluded from tax $15,501,970$30,406,277
Part IX · Statement of functional expenses $19,961,891 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $15,218,408$15,218,408
IX-3 Grants and assistance to foreign recipientsPrograms $1,274,628$1,274,628
IX-7 Other salaries and wagesPrograms $37,298 · Management $5,086$42,384
IX-9 Other employee benefitsPrograms $4,820 · Management $657$5,477
IX-10 Payroll taxesPrograms $2,805 · Management $383$3,188
IX-11a Management feesPrograms $292,185 · Management $32,939$325,124
IX-11b Legal feesPrograms $317,868 · Management $35,835$353,703
IX-11c Accounting feesPrograms $36,781 · Management $4,147$40,928
IX-11f Investment management feesManagement $129,129$129,129
IX-11g Other fees for servicesPrograms $3,139 · Management $354$3,493
IX-12 Advertising and promotionPrograms $15,735 · Management $755,269 · Fundraising $15,735$786,739
IX-13 Office expensesManagement $30,918$30,918
IX-14 Information technologyPrograms $2,389 · Management $3,737$6,126
IX-16 OccupancyManagement $145,919$145,919
IX-17 TravelPrograms $49,204 · Management $14,472$63,676
IX-22 Depreciation, depletion and amortizationPrograms $1,140,740 · Management $48,729$1,189,469
IX-23 InsurancePrograms $3,661 · Management $5,728$9,389
IX-24 Other expenses (24a–d)Programs $32,625 · Management $300,568$333,193
IX-25 Total functional expensesPrograms $18,432,286 · Management $1,513,870 · Fundraising $15,735$19,961,891
Part X · Balance sheet $143,536,160 assets, 12 lines filed
Asset lines not itemized here account for $58,646,956; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $5,349,702$3,723,974
X-2 Savings and temporary cash investmentsStart of year $1,336,884$448,360
X-4 Accounts receivableStart of year $293,479$2,669
X-9 Prepaid expenses and deferred chargesStart of year $123,200$7,318
X-10c Land, buildings and equipment, netStart of year $56,898,166$3,551,982
X-12 Other securitiesStart of year $60,637,516$77,154,901
X-16 Total assetsStart of year $129,822,899$143,536,160
X-17 Accounts payable and accrued expensesStart of year $1,989,846$256,452
X-26 Total liabilitiesStart of year $1,989,846$256,452
X-27 Net assets without donor restrictionsStart of year $127,833,053$143,279,708
X-32 Total net assets or fund balancesStart of year $127,833,053$143,279,708
X-33 Total liabilities and net assetsStart of year $129,822,899$143,536,160
Part XI · Reconciliation of net assets $143,279,708 net assets at year end
XI-1 Total revenue$30,406,277
XI-2 Total expenses$19,961,891
XI-3 Revenue less expenses$10,444,386
XI-4 Net assets at start of year$127,833,053
XI-5 Net unrealized gains (losses) on investments$5,002,269
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$143,279,708

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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