Lake Camelot Association INC
Nonprofit profile at a glance
- EIN
- 640833551
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2009
- Location
- Vicksburg, MS, USA
- Phone
- 6019668963
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
Reported finances
- Revenue
- $17,262
- Expenses
- $8,861
- Assets
- $13,316
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Jeffrey R Jenkins (President)
- Linda Parker (Vice-President / Secretary)
People named in this filing
- Jeffrey R Jenkins (President)
- Linda Parker (Vice-President / Secretary)
- John Bobby Middleton (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The name of this corporation is Lake Camelot Association, INC. It is a Mississippi non-profit corporation. The purpose for which the corporation is created is to promote the cleanliness, health and improvement of Lake Camelot and the common areas thereof and to regulate, maintain and control a non-profit civic or community lake, boat landing and access thereto for the purpose of fishing, boating, swimming, and other related recreational sports. Solicit and accept contributions of money and property, including but without limiting the generality of the foregoing, grants from foundations, and federal or other governmental sources, and to accept devises, bequests and gifts of all property whether received through trust, endowments, deeds of gift, annuities, policies of insurance or otherwise, and to use and administer such property for the furtherance of the corporate purpose. To buy, sell, mortgage or lease realty or personality and to establish banking accounts.
What it reported doing in 2025
Lake Camelot Association, INC. is a Mississippi non-profit corporation. The association currently serves 78 home owners of the HOA. We also serve approximately 19-20 associate members of homes which join Lake Camelot. Lake Camelot Association provides the following: Dam Inspection, Hydrologic and Hydraulic review, Emergency Action Plan, and breach analysis, all of which are completed by licensed engineers in order to satisfy the Mississippi Department of Environmental Quality - Dam Safety. The state considers our dam High Hazard. The Association also carries Liability and directors insurance to protect our association. Maintenance of levees by mowing, bush hogging and landscaping to aid in keeping woody vegetation from wearing the levees. A lake Camelot boat ramp is maintained for all member access, even if the don't live on the lake. Benefits to our members: recreation use of lake, access to the lake and property values holding or increasing.
Operating model
- Revenue model
- Membership-supported. 100% of the money available for current operations came from membership dues.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 73
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 48.7%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 1.5; rating input score 58; 58th 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 56; 56th percentile among comparable filings
Growth
- Program expense growth: -72.2% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: 17.5% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: -21.3% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Filing history: 5 filing years from 2021 to 2025
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.