Ohnward Foundation
Ohnward Foundation maintains strong asset base despite fluctuating revenue and no officer compensation.
EIN: 201895465 · Maquoketa, IA · NTEE: T20 · Updated: 2026-03-28
Is Ohnward Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ohnward Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ohnward Foundation
Ohnward Foundation (EIN: 201895465) is a nonprofit organization based in Maquoketa, IA, classified under NTEE code T20. The organization reported total revenue of $142K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ohnward Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ohnward Foundation with a Mission Score of 80 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, Ohnward 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not categorized as officer compensation, which is highly favorable for a foundation of its size with assets over $1.5 million.
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 Ohnward Foundation's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $656,818 in 202212 to $75,713 in 202312) could indicate unstable funding.
- Lack of detailed expense breakdown in provided data makes precise spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for Ohnward Foundation:
- Strong and growing asset base, reaching $1,520,727 in 202312, providing financial stability.
- Consistently reported 0% officer compensation across all filings, indicating efficient use of funds for leadership.
- Minimal liabilities ($1 in recent years) demonstrates excellent financial management and low debt burden.
- Consistent IRS 990 filing history, indicating transparency and compliance.
Frequently Asked Questions about Ohnward Foundation
Is Ohnward Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ohnward Foundation (EIN: 201895465) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does Ohnward Foundation spend its money?
Ohnward Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ohnward Foundation tax-deductible?
Ohnward Foundation is registered as a tax-exempt nonprofit (EIN: 201895465). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Ohnward Foundation a good charity?
Based on the available data, Ohnward Foundation appears to be a financially sound organization with a strong asset base and a commitment to minimizing officer compensation. Its consistent filing of IRS 990s and low liabilities are positive indicators. However, without a detailed breakdown of program vs. administrative expenses, a full assessment of its programmatic efficiency is limited.
How does Ohnward Foundation manage its expenses?
The foundation's expenses have generally been well below its assets, with the latest reported expenses at $90,935 against assets of $1,520,727. The consistent 0% officer compensation suggests a lean operational structure regarding executive pay.
What is the trend in Ohnward Foundation's revenue?
Ohnward Foundation's revenue has been highly variable, ranging from a low of $61,072 in 201112 to a high of $656,818 in 202212, and then dropping to $75,713 in 202312. This fluctuation suggests reliance on inconsistent funding sources or significant one-time contributions.
Filing History
IRS 990 filing history for Ohnward Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ohnward Foundation's revenue has grown by 24%, moving from $61K to $76K. Total assets increased by 156.4% over the same period, from $593K to $1.5M. Total functional expenses rose by 50.8%, from $60K to $91K. In its most recent filing year (2023), Ohnward Foundation reported a deficit of $15K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $76K | $91K | $1.5M | $1 | — | — |
| 2022 | $657K | $136K | $1.5M | $1 | — | View 990 |
| 2021 | $188K | $143K | $1.0M | $1 | — | — |
| 2020 | $182K | $186K | $970K | $1 | — | — |
| 2019 | $188K | $187K | $973K | $0 | — | View 990 |
| 2015 | $67K | $74K | $765K | $0 | — | View 990 |
| 2014 | $77K | $86K | $771K | $0 | — | View 990 |
| 2013 | $273K | $87K | $780K | $0 | — | View 990 |
| 2012 | $68K | $68K | $594K | $0 | — | View 990 |
| 2011 | $61K | $60K | $593K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $76K, expenses of $91K, and assets of $1.5M (revenue -88.5% year-over-year).
- 2022: Revenue of $657K, expenses of $136K, and assets of $1.5M (revenue +249.7% year-over-year).
- 2021: Revenue of $188K, expenses of $143K, and assets of $1.0M (revenue +3.1% year-over-year).
- 2020: Revenue of $182K, expenses of $186K, and assets of $970K (revenue -3.1% year-over-year).
- 2019: Revenue of $188K, expenses of $187K, and assets of $973K (revenue +178.9% year-over-year).
- 2015: Revenue of $67K, expenses of $74K, and assets of $765K (revenue -12.7% year-over-year).
- 2014: Revenue of $77K, expenses of $86K, and assets of $771K (revenue -71.7% year-over-year).
- 2013: Revenue of $273K, expenses of $87K, and assets of $780K (revenue +300.0% year-over-year).
- 2012: Revenue of $68K, expenses of $68K, and assets of $594K (revenue +11.8% year-over-year).
- 2011: Revenue of $61K, expenses of $60K, and assets of $593K.
Data Sources and Methodology
This transparency report for Ohnward 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.