Ove W Jorgensen Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
Ove W Jorgensen Foundation Inc is a 501(c)(3) organization based in Fort Wayne, Indiana, registered in 1998, with $289,118 in FY2024 revenue. CharityIndex grades it C+.
Po Box 11648, Fort Wayne, IN, 46859 EIN 35-2050475 Since 1998
Revenue (FY2024)
$289K
▲ 72.7% vs prior year
Unknown median: $232K
Expenses (FY2024)
$230K
Net assets
$4.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Ove W Jorgensen Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating209 mo reserves · +20% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ove W Jorgensen Foundation Inc: 209 mo reserves · +20% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Ove W Jorgensen Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ove W Jorgensen Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 11648, Fort Wayne, IN, 46859
- City
- Fort Wayne
- State
- Indiana
- Category
- Unknown
- Subcategory
- Unknown — other (Z9x)
Financial trends
Revenue grew from $166K (FY2013) to $289K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $4.0M
Operating margin
20.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.0M
Total liabilities
$0
Net assets
$4.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $289,118▲72.7% | $229,851▼19.1% | $4,006,931▲1.5% | $4,006,931▲1.5% | 990PF |
| 2023 | $167,392▲806% | $284,121▲18.2% | $3,947,664▼2.9% | $3,947,664▼2.9% | 990PF |
| 2022 | $18,471▼95.8% | $240,367▼16.1% | $4,064,393▼5.2% | $4,064,393▼5.2% | 990PF |
| 2021 | $435,326▼64.2% | $286,554▲20.8% | $4,286,289▲3.6% | $4,286,289▲3.6% | 990PF |
| 2020 | $1,217,234▲727% | $237,175▼10.1% | $4,137,517▲31.0% | $4,137,517▲31.0% | 990PF |
| 2019 | $147,111▼69.1% | $263,888▲12.9% | $3,157,458▼3.8% | $3,157,458▼3.8% | 990PF |
| 2018 | $476,708▲316% | $233,827▲82.3% | $3,281,038▲8.0% | $3,281,038▲8.0% | 990PF |
| 2017 | $114,697▲229% | $128,264▼60.1% | $3,038,672▼1.0% | $3,038,672▼1.0% | 990PF |
| 2016 | $34,900▼81.6% | $321,552▲37.2% | $3,069,995▼8.7% | $3,069,995▼8.7% | 990PF |
| 2015 | $189,597▼11.0% | $234,314▲4.6% | $3,361,313▼1.4% | $3,361,313▼1.4% | 990PF |
| 2014 | $213,090▲28.1% | $224,107▲5.5% | $3,407,354▼0.1% | $3,407,354▼0.1% | 990PF |
| 2013 | $166,334 | $212,333▲57.7% | $3,409,483▼1.0% | $3,409,483▼1.2% | 990PF |
| 2012 | — | $134,618▼52.3% | $3,444,545▼1.9% | $3,450,891▼1.8% | 990PF |
| 2011 | — | $282,134▲65.1% | $3,512,926▲26.7% | $3,512,926▲26.7% | 990PF |
| 2010 | — | $170,889 | $2,773,201 | $2,773,201 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Ove W Jorgensen Foundation Inc a legitimate nonprofit?
- Yes. Ove W Jorgensen Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-2050475, based in Fort Wayne, Indiana. Donations are tax-deductible.
- What is Ove W Jorgensen Foundation Inc's EIN?
- Ove W Jorgensen Foundation Inc's Employer Identification Number (EIN) is 35-2050475.
- How much revenue does Ove W Jorgensen Foundation Inc report?
- Ove W Jorgensen Foundation Inc reported $289,118 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Ove W Jorgensen Foundation Inc have?
- CharityIndex grades Ove W Jorgensen Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Ove W Jorgensen Foundation Inc (EIN 35-2050475) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.