Camden Polo Club

Nonprofit profile at a glance

EIN
334448337
IRS 990 coverage
2025–2025
Forms available
Form 990 2025
Location
Camden, SC, USA
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Equestrian

Reported finances

Revenue
$76,001
Expenses
$66,096
Assets
$9,905
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

People named in this filing

  • JOHNATHAN BASINET (BOARD MEMBER)
  • LUCY DUNBAR (OFFICER)
  • DONNA FREYER (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Camden polo club shall be a nonprofit public benefit organization operated for the purpose of: (1) creating multiple initiatives aimed at growing the sport of polo, including player growth development and club development; (2) conducting intercollegiate/interscholastic programs to promote and grow the sport of polo b providing maximum exposure to the sport and providing opportunities for those to comete in the sport; (3) providing for organized competition, including sponsoring and administering tournaments with an emphasis on sportsmanship, fairness and safety; (4) preservation of a historic venue for competing and maintaining the sport of polo; (5) expanding equine activities and equine welfare in the community; and (6) collaborating with other organizations providing complimentary services, by accepting donations and donating to other 501(c)(3) organizations to futher the goals of the corporation and promote its public and charitable activities.

What it reported doing in 2025

Our goal is to secure a place to have a practice facility, as the historic field may not be able to accommodate a large playing arena and our fan base. We need to rely on the community to help us 1) secure a location and 2) fund the necessary improvements needed for practice and play (arena, shedrows, barn, etc.). This initial effort with be completely volunteer driven, as time moves forward in the next 2-3 years, we will need staffing for horse care, instruction, management, and maintenance. We estimate having 2-5 individuals on staff this time and in the future, which adds to the costs of our community center, relying on the support of our 501c3.

Operating model

Revenue model
Donor-supported. 68% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 90
  • Accountability: 18
  • Sustainability: 49
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.9%; rating input score 74
  • Program expense ratio: 85%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 10th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 13%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 0.15; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 73.9% of revenue deployed · 85% of spending went to programs
  • Governance: 0 of 10 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $56K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 16 of 16 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 0/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.