Orokawa Foundation Inc
Orokawa Foundation maintains substantial assets and reports zero officer compensation across all filings.
EIN: 201850543 · Towson, MD · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $5.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $94.7M |
| Transparency Score | 90/100 |
Is Orokawa Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Orokawa Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Orokawa Foundation Inc
Orokawa Foundation Inc (EIN: 201850543) is a nonprofit organization based in Towson, MD, classified under NTEE code T20. The organization reported total revenue of $1.6M and total assets of $98.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Orokawa Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Orokawa Foundation Inc is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.8M |
| Total Expenses | $5.6M |
| Surplus / Deficit | +$4.1M |
| Total Assets | $94.7M |
| Total Liabilities | $1 |
| Net Assets | $94.7M |
| Operating Margin | 42.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 201.1 months |
Financial Health Grade: A
In 2023, Orokawa Foundation Inc reported a surplus of $4.1M with revenue exceeding expenses, holds 201.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Orokawa Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.0% | -6.7% | +1.8% |
| 2022 | +87.6% | +21.6% | -9.3% |
| 2021 | -17.4% | -0.4% | +33.8% |
| 2020 | +190.8% | +5.5% | +5.1% |
| 2019 | -5.0% | +31.2% | +22.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Orokawa Foundation Inc 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Orokawa Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $4.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Orokawa Foundation consistently reports 0% officer compensation across all ten provided IRS 990 filings, indicating that no salaries or other compensation are paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of its size with assets nearing $100 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 Orokawa Foundation Inc's IRS 990 filings:
- Significant fluctuation in annual revenue, which could impact consistent grantmaking capacity if not managed by endowment draw.
Strengths
The following positive indicators were identified for Orokawa Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency in this area.
- Substantial and growing asset base, reaching $94,689,252 in 202306, ensuring long-term stability.
- Minimal liabilities reported across all filings, suggesting sound financial management.
- Strong financial health with assets significantly outweighing annual expenses.
Frequently Asked Questions about Orokawa Foundation Inc
Is Orokawa Foundation Inc a legitimate charity?
Orokawa Foundation Inc (EIN: 201850543) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.6M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Orokawa Foundation Inc spend its money?
Orokawa Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Orokawa Foundation Inc tax-deductible?
Orokawa Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201850543). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Orokawa Foundation Inc CEO make?
Orokawa Foundation Inc's highest-compensated officer earns $100 annually. The organization reported $1.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Orokawa Foundation Inc's spending goes to programs?
Orokawa Foundation Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Orokawa Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Orokawa Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Orokawa Foundation Inc located?
Orokawa Foundation Inc is headquartered in Towson, Maryland and files with the IRS under EIN 201850543. It is classified under NTEE code T20.
How many years of IRS 990 filings does Orokawa Foundation Inc have?
Orokawa Foundation Inc 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 $1.6M in total revenue.
Is Orokawa Foundation Inc. a good charity?
Based on the provided data, the Orokawa Foundation Inc. appears to be a well-managed and financially sound organization. Its consistent reporting of zero officer compensation and minimal liabilities are strong indicators of good governance and efficient use of resources. The substantial asset base of nearly $100 million suggests long-term sustainability and capacity for significant programmatic impact.
How does Orokawa Foundation Inc. manage its administrative costs?
The foundation demonstrates excellent control over executive compensation, reporting 0% for officers across all filings. While a full breakdown of administrative costs isn't provided, this specific detail suggests a strong focus on directing funds towards its mission rather than executive salaries.
What is the trend in Orokawa Foundation Inc.'s assets?
The Orokawa Foundation Inc. has shown significant asset growth over the past decade, increasing from $55,795,157 in 201206 to $94,689,252 in 202306, with a peak of $102,500,901 in 202106. This indicates strong financial stewardship and investment performance.
Filing History
IRS 990 filing history for Orokawa Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Orokawa Foundation Inc's revenue has grown by 72.9%, moving from $5.7M to $9.8M. Total assets increased by 62% over the same period, from $58.5M to $94.7M. Total functional expenses rose by 87.7%, from $3.0M to $5.6M. In its most recent filing year (2023), Orokawa Foundation Inc reported a surplus of $4.1M, with revenue exceeding expenses. The organization holds $1 in liabilities against $94.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $94.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.8M | $5.6M | $94.7M | $1 | — | — |
| 2022 | $12.9M | $6.1M | $93.0M | $1 | — | View 990 |
| 2021 | $6.9M | $5.0M | $102.5M | $1 | — | — |
| 2020 | $8.3M | $5.0M | $76.6M | $1 | — | — |
| 2019 | $2.9M | $4.7M | $72.9M | $0 | — | View 990 |
| 2015 | $3.0M | $3.6M | $59.4M | $0 | — | View 990 |
| 2014 | $4.8M | $3.4M | $59.1M | $0 | — | View 990 |
| 2013 | $5.1M | $3.1M | $57.4M | $0 | — | View 990 |
| 2012 | $2.5M | $3.1M | $55.8M | $136K | — | View 990 |
| 2011 | $5.7M | $3.0M | $58.5M | $85K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.8M, expenses of $5.6M, and assets of $94.7M (revenue -24.0% year-over-year).
- 2022: Revenue of $12.9M, expenses of $6.1M, and assets of $93.0M (revenue +87.6% year-over-year).
- 2021: Revenue of $6.9M, expenses of $5.0M, and assets of $102.5M (revenue -17.4% year-over-year).
- 2020: Revenue of $8.3M, expenses of $5.0M, and assets of $76.6M (revenue +190.8% year-over-year).
- 2019: Revenue of $2.9M, expenses of $4.7M, and assets of $72.9M (revenue -5.0% year-over-year).
- 2015: Revenue of $3.0M, expenses of $3.6M, and assets of $59.4M (revenue -37.6% year-over-year).
- 2014: Revenue of $4.8M, expenses of $3.4M, and assets of $59.1M (revenue -6.2% year-over-year).
- 2013: Revenue of $5.1M, expenses of $3.1M, and assets of $57.4M (revenue +107.1% year-over-year).
- 2012: Revenue of $2.5M, expenses of $3.1M, and assets of $55.8M (revenue -56.2% year-over-year).
- 2011: Revenue of $5.7M, expenses of $3.0M, and assets of $58.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Orokawa Foundation Inc:
Data Sources and Methodology
This transparency report for Orokawa 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.