North Carolina · Nonprofit
CAPE LOOKOUT ALBACORE FOUNDATION INC
CAPE LOOKOUT ALBACORE FOUNDATION INC (North Carolina) receives grants from 2 organizations whose IRS filings report $27,500 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($20,000). 0 of them have funded it in more than one year, and 73% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $68k
- Funders on record
- 2
- Grants received
- $28k
- Net assets
- $24k
What Cape Lookout Albacore Foundation Inc does
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.
As stated on its FY2025 Form 990-EZ.
Programs
Albie Fest days 1-2 3 is a two-part community engagement event and fundraiser directly tied to our mission. The first part of the event is all about serving our Veteran community and putting Boots on Boats. We conducted a two-day event for 60 Veterans teaching how to tie flys conducting a fly rod casting clinic and hosting lectures about the local fishery. Additionally with the help of local captains and fisherman we were able to put those learnings to work and get 60 Veterans out on the water participating in our local fisheries. In 2025 we also expanded to include literary programming as well. Expense breakout: travel 8364 printing 1522 venue 1500 food & beverage 2000 contractors 3338 supplies 3145 and in-kind assets used 6075
$25,943 spent43% of program spendingThe second part of Albie Fest day 3 3 is a community event fishing tournament and fundraiser with 72 participants from the local community and visitors from around the country. In addition to serving as the primary fund raiser for the organization we were able to recognize three veterans for their outstanding leadership in their community recognize a role model from the fishing community celebrate the outstanding achievements of the tournament winners and discuss conversation. Expense breakout: printing 2772 food & beverage 5481 contractors 1150 supplies 993 travel 2682 venue 3868 and in-kind assets used 17488
$34,434 spent57% of program spending
The 2 programs described on its FY2025 Form 990-EZ. Program spending in total: $60,377.
The organization over time
Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $17k to $24k (+37%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
79% of CAPE LOOKOUT ALBACORE FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (92% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 reported years ran a deficit.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 73% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of CAPE LOOKOUT ALBACORE FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CAPE LOOKOUT ALBACORE FOUNDATION INC leans on a few funders — its largest provides 73% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
73% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CAPE LOOKOUT ALBACORE FOUNDATION INC.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
73% of CAPE LOOKOUT ALBACORE FOUNDATION INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $8k that is directly attributable, 100% of it comes from North Carolina funders.
Funder states come from each funder’s own filing. $20k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CAPE LOOKOUT ALBACORE FOUNDATION INC runs a healthier operating margin than half of the 2,195 environment nonprofits its size.
this organization peer median middle 50% of peers· 2,195 environment nonprofits under $100k, FY2025
Organizations like CAPE LOOKOUT ALBACORE FOUNDATION INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for CAPE LOOKOUT ALBACORE FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CAPE LOOKOUT ALBACORE FOUNDATION INC?
- CAPE LOOKOUT ALBACORE FOUNDATION INC (North Carolina) receives grants from 2 organizations whose IRS filings report $27,500 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($20,000). 0 of them have funded it in more than one year, and 73% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does CAPE LOOKOUT ALBACORE FOUNDATION INC have?
- IRS filings report 2 organizations giving $27,500 in grants to CAPE LOOKOUT ALBACORE FOUNDATION INC.
- Who is the largest funder of CAPE LOOKOUT ALBACORE FOUNDATION INC?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $20,000 in grants. The full list of funders is on this page.
- How can an organization like CAPE LOOKOUT ALBACORE FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2023–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing