George L Ohrstom Jr Foundation Inc

George L Ohrstom Jr Foundation Inc maintains substantial assets and reports zero officer compensation over a decade.

EIN: 133415874 · Fort Lauderdale, FL · Updated: 2026-03-28

$29.5MRevenue

$88.3MAssets

95/100Mission Score (Excellent)

Is George L Ohrstom Jr Foundation Inc Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

George L Ohrstom Jr Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About George L Ohrstom Jr Foundation Inc

George L Ohrstom Jr Foundation Inc (EIN: 133415874) is a nonprofit organization based in Fort Lauderdale, FL. The organization reported total revenue of $29.5M and total assets of $88.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of George L Ohrstom Jr Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The George L Ohrstom Jr Foundation Inc appears to be a well-managed private foundation with a strong financial position. With assets of $88,330,501 and latest reported revenue of $29,496,108, the organization demonstrates substantial financial capacity. Over the past decade, its assets have shown consistent growth, from $55,235,866 in 2011 to $79,363,269 in 2023, indicating sound investment and asset management. The foundation consistently reports zero officer compensation, which is a significant indicator of transparency and a commitment to directing resources towards its mission rather than administrative overhead.

The foundation's spending efficiency is notable given its structure as a private foundation, which typically focuses on grantmaking. While specific program spending ratios are not detailed in the provided summary, the consistent reporting of zero officer compensation suggests a lean operational model. The foundation's liabilities have remained minimal, often reported as $1 or $0, further underscoring its financial stability and responsible fiscal management. The absence of officer compensation also contributes to a high degree of transparency regarding how funds are utilized.

Overall, the George L Ohrstom Jr Foundation Inc exhibits strong financial health, characterized by growing assets, minimal liabilities, and a clear commitment to avoiding executive compensation. This financial discipline allows the foundation to maintain a robust endowment, ensuring its long-term ability to fulfill its philanthropic objectives. The consistent financial reporting over ten periods, with no officer compensation, points to a highly transparent and efficiently run organization.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates George L Ohrstom Jr Foundation Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, George L Ohrstom Jr Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all ten filings, indicating that no officers receive salaries from the foundation, which is highly unusual for an organization of its size and asset base.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of George L Ohrstom Jr Foundation Inc's IRS 990 filings:

NTEE Code is unknown, which can make it harder to understand its specific programmatic focus without further investigation.

Strengths

The following positive indicators were identified for George L Ohrstom Jr Foundation Inc:

Consistently reports 0% officer compensation, indicating high efficiency and dedication of resources to mission.
Strong and consistent asset growth over a decade, from $55.2M in 2011 to $79.3M in 2023.
Minimal liabilities ($0 or $1 reported), indicating excellent financial health and low risk.
Substantial asset base ($88,330,501 latest) provides significant capacity for philanthropic activities.
Consistent filing history over 10 periods demonstrates good governance and transparency.

Frequently Asked Questions about George L Ohrstom Jr Foundation Inc

Is George L Ohrstom Jr Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, George L Ohrstom Jr Foundation Inc (EIN: 133415874) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

How does George L Ohrstom Jr Foundation Inc spend its money?

George L Ohrstom Jr Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to George L Ohrstom Jr Foundation Inc tax-deductible?

George L Ohrstom Jr Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133415874). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is the George L Ohrstom Jr Foundation Inc financially stable?

Yes, the foundation is highly financially stable, with assets growing from $55,235,866 in 2011 to $79,363,269 in 2023, and minimal liabilities consistently reported as $0 or $1.

Does the foundation pay its officers?

No, the foundation consistently reports 0% officer compensation across all ten available IRS 990 filings, indicating no salaries are paid to its officers.

How has the foundation's asset base changed over time?

The foundation's assets have shown consistent growth, increasing from $55,235,866 in 2011 to $88,330,501 (latest reported) and $79,363,269 in 2023, demonstrating strong financial management.

Filing History

IRS 990 filing history for George L Ohrstom Jr Foundation Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), George L Ohrstom Jr Foundation Inc's revenue has declined by 76.2%, moving from $15.4M to $3.7M. Total assets increased by 43.7% over the same period, from $55.2M to $79.4M. Total functional expenses rose by 175.4%, from $1.5M to $4.1M. In its most recent filing year (2023), George L Ohrstom Jr Foundation Inc reported a deficit of $489K, with expenses exceeding revenue. The organization holds $1 in liabilities against $79.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $79.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.7M	$4.1M	$79.4M	$1	—	—
2022	$4.9M	$4.7M	$70.1M	$1	—	View 990
2021	$8.9M	$3.9M	$89.4M	$1	—	View 990
2020	$2.9M	$4.1M	$78.0M	$1	—	—
2019	$2.9M	$3.9M	$70.0M	$1	—	View 990
2015	$743K	$4.1M	$62.9M	$0	—	View 990
2014	$8.7M	$3.3M	$66.5M	$0	—	View 990
2013	$3.3M	$3.1M	$65.6M	$0	—	View 990
2012	$1.1M	$2.8M	$55.8M	$0	—	View 990
2011	$15.4M	$1.5M	$55.2M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.7M, expenses of $4.1M, and assets of $79.4M (revenue -25.9% year-over-year).
2022: Revenue of $4.9M, expenses of $4.7M, and assets of $70.1M (revenue -44.8% year-over-year).
2021: Revenue of $8.9M, expenses of $3.9M, and assets of $89.4M (revenue +209.8% year-over-year).
2020: Revenue of $2.9M, expenses of $4.1M, and assets of $78.0M (revenue -1.9% year-over-year).
2019: Revenue of $2.9M, expenses of $3.9M, and assets of $70.0M (revenue +295.4% year-over-year).
2015: Revenue of $743K, expenses of $4.1M, and assets of $62.9M (revenue -91.5% year-over-year).
2014: Revenue of $8.7M, expenses of $3.3M, and assets of $66.5M (revenue +165.2% year-over-year).
2013: Revenue of $3.3M, expenses of $3.1M, and assets of $65.6M (revenue +192.1% year-over-year).
2012: Revenue of $1.1M, expenses of $2.8M, and assets of $55.8M (revenue -92.7% year-over-year).
2011: Revenue of $15.4M, expenses of $1.5M, and assets of $55.2M.

Data Sources and Methodology

This transparency report for George L Ohrstom Jr Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.