Small Public Charity

CAPE LOOKOUT ALBACORE FOUNDATION INC

Based in RALEIGH, NC, CAPE LOOKOUT ALBACORE FOUNDATION INC operates as a Small Public Charity. The organization reported $67K in revenue, $67K in expenses, $17K in total assets for fiscal year 2024. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $20K.

EIN: 932915935 RALEIGH, NC Latest filing: 2024
Total Revenue$67K
Total Expenses$67K
Total Assets$17K
Grant Records1
Funding Total$20K
Filing Years2023–2024

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.

Officers & Directors

Secretary G Grey Littlewood
Treasurer Gregory Barnes
Vice President John Snipes
Board Member Kellie Thompson
President N Christian Thompson
Board Member Patrick Poindexter

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$20,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $67K $67K $17K
2023 $74K $56K $18K

Between 2023 and 2024, reported annual revenue declined from $74K to $67K (-9%), with total assets most recently reported at $17K.

Interactive year-over-year charts and full filing details available with membership.

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