NonprofitsCape Lookout Albacore Foundation Inc

Environment

Cape Lookout Albacore Foundation Inc

RALEIGH, NC

Total revenue

$67K

Total expenses

$67K

Net assets

$17K

Grants received

$28K

2 grants

EIN

932915935

Tax year

2024

Mission

The Cape Lookout Albacore Foundation Inc. or CLAF". CLAF is organized and formed exclusively for charitable and educational purposes.The purpose of CLAF shall be to conduct activities and programs aimed at conserving and understanding the coastal fisheries of North Carolina with a particular focus on recreational fishing. This includes but is not limited to conducting and supporting research into marine ecology and fisheries biology promoting sustainable fishing practices and providing educational resources to the public about the importance of marine biodiversity and conservation. Additionally CLAF will engage in fundraising educational and outreach activities to provide support to other tax-exempt charities that are dedicated to wellbeing of disabled active military service personnel disabled veterans and other at need members of our community. CLAFs commitment extends to enhancing the lives of these individuals through fly fishing and associated activities.

Financials

FY 2024

Revenue

Contributions & grants$54K
Program service revenue$13K
Investment income
Other revenue
Total revenue$67K

Expenses

Grants paid$9K
Salaries & benefits
Fundraising
Other expenses$46K
Total expenses$67K
Total assets$17K
Net assets$17K

People

7 listed

NameRoleCompensation

{"_":"N Christian Thompson","attributes":{"referenceDocumentName":"CompensationExplanation"}}

President

Board

2 hrs/wk

{"_":"John Snipes","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Vice President

Board

1 hrs/wk

{"_":"G Grey Littlewood","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Secretary

Board

1 hrs/wk

{"_":"Gregory Barnes","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Treasurer

Board

2 hrs/wk

{"_":"Kellie Thompson","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Board Member

Board

1 hrs/wk

{"_":"Tyler Hudgins","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Board Member

Board

2 hrs/wk

{"_":"Patrick Poindexter","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Board Member

Board

1 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$8K
HUMAN SERVICES
2024
$20K
For grant recipient's exempt purposes
2023

Funded by

$28K from 2 funders · 2 grants · 2023–2024

R A Bryan Foundation Inc

$8K · 1 grant · 2024

Details

EIN932915935
NTEE codeC12
Subsection03
Ruling date2023-09
CAPE LOOKOUT ALBACORE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo