Camelback Ventures
Nonprofit profile at a glance
- EIN
- 463169470
- IRS 990 coverage
- 2016–2024
- Official website data refreshed
- Jul 2026
- Forms available
- Form 990 2024
- Location
- Garden City, ID, USA
- Phone
- 2153411601
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Small Business Development
Reported finances
- Revenue
- $4,228,397
- Expenses
- $5,358,941
- Assets
- $15,460,923
- Liabilities
- $240,095
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- AARON WALKER (CEO & FOUNDER)
- SHAWNA YOUNG (CEO)
- CATHALINE YI (VICE PRESIDENT OF DEVELOPMENT)
- TANIA DALL (VICE-PRESIDENT OF MARKETING & COMMU)
- LLOYD JOHNSON (PRESIDENT)
Highest reported compensation
- AARON WALKER (CEO & FOUNDER): $278,750 total reported compensation
- SHAWNA YOUNG (CEO): $252,236 total reported compensation
- RIYAZ GAYASADDIN (CHIEF OF STAFF): $229,474 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Empowering diverse entrepreneurs in education and conscious tech to create impactful solutions addressing systemic inequities.
What it reported doing in 2024
Camelback ventures supports the growth and empowerment of livable communities; our tool of change is entrepreneurship. We provide a rigorous accelerator, known as the camelback fellowship, for untapped entrepreneurs. At this time, we are focused on tackling these two impact areas 1) education and 2) conscious tech. The camelback fellowship is a three-month program that supports the development of both founder and venture. Since 2015, camelback has supported 166 entrepreneurs (many of whom have been recognized in forbes 30 under 30, received fellowships such as echoing green and richards draper kaplan, and collectively gone on to raise over $365 million in follow on funding).
Operating model
- Revenue model
- Donor-supported. 84% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 84% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 100
- Accountability: 100
- Sustainability: 34
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.7%; rating input score 96
- Program expense ratio: 74.9%; rating input score 75
- Fundraising efficiency: $10.03 raised per $1 spent on fundraising; rating input score 38; 38th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -26.7%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 2.89; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 83; 83rd percentile among comparable filings
- Officer compensation ratio: 26.8%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: 18.1% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 9.8% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 24.1% per year; rating input score 100; 89th percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site
- Where the money goes: 95.7% of revenue deployed · 74.9% of spending went to programs
- Governance: 6 of 6 board members independent · 9 of 9 filing controls reported
- Programs: 6 filed program accomplishments · $4M in reported program spending
- Leadership: top reported pay $279K · 13 people listed · 6 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $297K reported
- Consistency: 31 of 31 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 20 filed money-flow records
- Related organizations: 13 filed related-organization links
- 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 38/100.
- High — Sustainability: Operating margin scored 5/100.
- High — Sustainability: Officer compensation ratio scored 7/100.