Ignatius Ohno Foundation
Ignatius Ohno Foundation shows strong revenue growth and asset accumulation with no reported executive compensation.
EIN: 205861148 · Seattle, WA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $633K |
| Total Expenses | $299K |
| Program Spending | 85% |
| Net Assets | $1.4M |
| Transparency Score | 90/100 |
Is Ignatius Ohno Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ignatius Ohno Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ignatius Ohno Foundation
Ignatius Ohno Foundation (EIN: 205861148) is a nonprofit organization based in Seattle, WA, classified under NTEE code T22. The organization reported total revenue of $633K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ignatius Ohno Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ignatius Ohno Foundation is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 43.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $299K |
| Surplus / Deficit | +$709K |
| Total Assets | $1.4M |
| Total Liabilities | $2K |
| Net Assets | $1.4M |
| Operating Margin | 70.3% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 56.3 months |
Financial Health Grade: A
In 2023, Ignatius Ohno Foundation reported a surplus of $709K with revenue exceeding expenses, holds 56.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ignatius Ohno Foundation's revenue has grown at a compound annual growth rate (CAGR) of 43.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +227.2% | +17.3% | +101.7% |
| 2022 | -7.3% | -34.2% | +8.2% |
| 2021 | -43.3% | -11.4% | -7.7% |
| 2020 | +336.5% | +180.3% | +27.1% |
| 2019 | +876.4% | +169.6% | +83.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ignatius Ohno Foundation with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Ignatius Ohno Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $709K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The Ignatius Ohno Foundation consistently reports 0% officer compensation across all ten available filings, indicating that no salaries are paid to its executives. This is highly commendable for an organization of its size, demonstrating a strong commitment to minimizing administrative overhead and maximizing resources for its mission.
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.
Strengths
The following positive indicators were identified for Ignatius Ohno Foundation:
- Consistent zero executive compensation, indicating high efficiency and mission focus.
- Significant revenue growth in the most recent filing period ($1,008,209 in 2023).
- Strong asset accumulation over time, reaching $1,405,488 in 2023.
- Very low liabilities across all filing periods, demonstrating financial prudence.
- Expenses significantly lower than revenue in the latest period ($299,470 vs. $1,008,209 in 2023), suggesting strong financial health.
Frequently Asked Questions about Ignatius Ohno Foundation
Is Ignatius Ohno Foundation a legitimate charity?
Ignatius Ohno Foundation (EIN: 205861148) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $633K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Ignatius Ohno Foundation spend its money?
Ignatius Ohno Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ignatius Ohno Foundation tax-deductible?
Ignatius Ohno Foundation is registered as a tax-exempt nonprofit (EIN: 205861148). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ignatius Ohno Foundation's spending goes to programs?
Ignatius Ohno Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ignatius Ohno Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Ignatius Ohno Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ignatius Ohno Foundation located?
Ignatius Ohno Foundation is headquartered in Seattle, Washington and files with the IRS under EIN 205861148. It is classified under NTEE code T22.
How many years of IRS 990 filings does Ignatius Ohno Foundation have?
Ignatius Ohno Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $633K in total revenue.
Is Ignatius Ohno Foundation financially stable?
Yes, the foundation appears financially stable. Its assets have grown significantly, reaching $1,405,488 in 2023, and its liabilities are consistently very low, indicating a strong balance sheet.
Does Ignatius Ohno Foundation pay its executives?
No, the IRS 990 filings consistently show 0% officer compensation, meaning no salaries are reported for its executives.
How has the foundation's revenue trended?
Revenue has shown significant fluctuation but a strong upward trend in recent years, peaking at over $1 million in 2023, a substantial increase from earlier periods like $13,761 in 2015.
What is the foundation's asset growth like?
The foundation has experienced substantial asset growth, increasing from $441,221 in 2011 to $1,405,488 in 2023, indicating successful financial management and accumulation of resources.
Filing History
IRS 990 filing history for Ignatius Ohno Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ignatius Ohno Foundation's revenue has grown by 7432.9%, moving from $13K to $1.0M. Total assets increased by 218.5% over the same period, from $441K to $1.4M. Total functional expenses rose by 1703%, from $17K to $299K. In its most recent filing year (2023), Ignatius Ohno Foundation reported a surplus of $709K, with revenue exceeding expenses. The organization holds $2K in liabilities against $1.4M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $299K | $1.4M | $2K | — | — |
| 2022 | $308K | $255K | $697K | $2K | — | View 990 |
| 2021 | $332K | $388K | $644K | $2K | — | View 990 |
| 2020 | $587K | $438K | $698K | $377 | — | View 990 |
| 2019 | $134K | $156K | $549K | $377 | — | — |
| 2015 | $14K | $58K | $299K | $18K | — | View 990 |
| 2014 | $47K | $111K | $313K | $1 | — | View 990 |
| 2013 | $229K | $149K | $377K | $1 | — | View 990 |
| 2012 | $10K | $154K | $297K | $1 | — | View 990 |
| 2011 | $13K | $17K | $441K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $299K, and assets of $1.4M (revenue +227.2% year-over-year).
- 2022: Revenue of $308K, expenses of $255K, and assets of $697K (revenue -7.3% year-over-year).
- 2021: Revenue of $332K, expenses of $388K, and assets of $644K (revenue -43.3% year-over-year).
- 2020: Revenue of $587K, expenses of $438K, and assets of $698K (revenue +336.5% year-over-year).
- 2019: Revenue of $134K, expenses of $156K, and assets of $549K (revenue +876.4% year-over-year).
- 2015: Revenue of $14K, expenses of $58K, and assets of $299K (revenue -70.8% year-over-year).
- 2014: Revenue of $47K, expenses of $111K, and assets of $313K (revenue -79.4% year-over-year).
- 2013: Revenue of $229K, expenses of $149K, and assets of $377K (revenue +2225.0% year-over-year).
- 2012: Revenue of $10K, expenses of $154K, and assets of $297K (revenue -26.4% year-over-year).
- 2011: Revenue of $13K, expenses of $17K, and assets of $441K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ignatius Ohno Foundation:
Data Sources and Methodology
This transparency report for Ignatius Ohno Foundation 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.