Owens Community College Foundation
Owens Community College Foundation shows consistent asset growth despite recent revenue dip and no reported officer compensation.
EIN: 201625785 · Perrysburg, OH · NTEE: B115 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.1M |
| Total Expenses | $767K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $7.1M |
| Transparency Score | 90/100 |
Is Owens Community College Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Owens Community College Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Owens Community College Foundation
Owens Community College Foundation (EIN: 201625785) is a nonprofit organization based in Perrysburg, OH, classified under NTEE code B115. The organization reported total revenue of $4.1M and total assets of $8.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Owens Community College Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Owens Community College Foundation is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $568K |
| Total Expenses | $767K |
| Surplus / Deficit | $-198,971 |
| Total Assets | $7.1M |
| Total Liabilities | $22K |
| Net Assets | $7.1M |
| Operating Margin | -35.0% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 111.1 months |
Financial Health Grade: B
In 2023, Owens Community College Foundation reported a deficit of $199K with expenses exceeding revenue, holds 111.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Owens Community College Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -47.9% | -6.8% | +4.8% |
| 2022 | -25.7% | -32.4% | -13.5% |
| 2021 | -17.0% | +54.9% | +25.2% |
| 2020 | +66.7% | +90.8% | +20.5% |
| 2019 | +15.5% | +5.9% | +10.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
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 Owens Community College 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, Owens Community College 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 deficit of $199K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation directly from the foundation, which is highly favorable for a nonprofit of its size with assets exceeding $7 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 Owens Community College Foundation's IRS 990 filings:
- Expenses exceeded revenue in the most recent 2023 filing ($767,401 vs. $568,430).
Strengths
The following positive indicators were identified for Owens Community College Foundation:
- Consistent reporting of 0% officer compensation across all filings.
- Strong and consistent growth in assets over the past decade, from $3.6M in 2014 to $7.1M in 2023.
- Healthy asset base relative to annual revenue, indicating financial stability.
- Low liabilities reported in recent years, suggesting good financial management.
Frequently Asked Questions about Owens Community College Foundation
Is Owens Community College Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Owens Community College Foundation (EIN: 201625785) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Owens Community College Foundation spend its money?
Owens Community College Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Owens Community College Foundation tax-deductible?
Owens Community College Foundation is registered as a tax-exempt nonprofit (EIN: 201625785). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Owens Community College Foundation CEO make?
Owens Community College Foundation's highest-compensated officer earns $7 annually. The organization reported $4.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Owens Community College Foundation's spending goes to programs?
Owens Community College Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Owens Community College Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Owens Community College Foundation is above average for NTEE category B115 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Owens Community College Foundation located?
Owens Community College Foundation is headquartered in Perrysburg, Ohio and files with the IRS under EIN 201625785. It is classified under NTEE code B115.
How many years of IRS 990 filings does Owens Community College Foundation have?
Owens Community College Foundation has 13 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 $4.1M in total revenue.
Is Owens Community College Foundation a good charity?
Based on the available data, the foundation appears to be a good charity. It consistently reports 0% officer compensation, indicating strong financial stewardship, and has shown consistent asset growth over time, suggesting effective fundraising and management.
Why did expenses exceed revenue in 2023?
In the 2023 fiscal period, the foundation reported expenses of $767,401 against revenues of $568,430. This could be due to increased program spending, one-time capital expenditures, or a temporary dip in donations. Further investigation into the specific expense categories would be needed to understand the cause.
How has the foundation's asset growth been sustained?
The foundation's assets have grown consistently from $3,612,721 in 2014 to $7,102,445 in 2023. This sustained growth, despite fluctuating annual revenues, suggests effective investment strategies, endowment management, and potentially significant non-cash contributions or bequests over the years.
Filing History
IRS 990 filing history for Owens Community College Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Owens Community College Foundation's revenue has grown by 15.8%, moving from $491K to $568K. Total assets increased by 164.2% over the same period, from $2.7M to $7.1M. Total functional expenses rose by 63.5%, from $469K to $767K. In its most recent filing year (2023), Owens Community College Foundation reported a deficit of $199K, with expenses exceeding revenue. The organization holds $22K in liabilities against $7.1M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $7.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $568K | $767K | $7.1M | $22K | — | View 990 |
| 2022 | $1.1M | $823K | $6.8M | $4K | — | View 990 |
| 2021 | $1.5M | $1.2M | $7.8M | $4K | — | View 990 |
| 2020 | $1.8M | $787K | $6.3M | $0 | — | View 990 |
| 2019 | $1.1M | $412K | $5.2M | $81K | — | View 990 |
| 2018 | $918K | $389K | $4.7M | $97K | — | View 990 |
| 2017 | $418K | $261K | $4.0M | $89K | — | View 990 |
| 2016 | $612K | $536K | $3.5M | $84K | — | View 990 |
| 2015 | $518K | $353K | $3.7M | $106K | — | View 990 |
| 2014 | $648K | $426K | $3.6M | $126K | — | View 990 |
| 2013 | $909K | $682K | $3.1M | $174K | — | View 990 |
| 2012 | $769K | $584K | $2.8M | $154K | — | View 990 |
| 2011 | $491K | $469K | $2.7M | $101K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $568K, expenses of $767K, and assets of $7.1M (revenue -47.9% year-over-year).
- 2022: Revenue of $1.1M, expenses of $823K, and assets of $6.8M (revenue -25.7% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.2M, and assets of $7.8M (revenue -17.0% year-over-year).
- 2020: Revenue of $1.8M, expenses of $787K, and assets of $6.3M (revenue +66.7% year-over-year).
- 2019: Revenue of $1.1M, expenses of $412K, and assets of $5.2M (revenue +15.5% year-over-year).
- 2018: Revenue of $918K, expenses of $389K, and assets of $4.7M (revenue +119.5% year-over-year).
- 2017: Revenue of $418K, expenses of $261K, and assets of $4.0M (revenue -31.7% year-over-year).
- 2016: Revenue of $612K, expenses of $536K, and assets of $3.5M (revenue +18.2% year-over-year).
- 2015: Revenue of $518K, expenses of $353K, and assets of $3.7M (revenue -20.1% year-over-year).
- 2014: Revenue of $648K, expenses of $426K, and assets of $3.6M (revenue -28.7% year-over-year).
- 2013: Revenue of $909K, expenses of $682K, and assets of $3.1M (revenue +18.3% year-over-year).
- 2012: Revenue of $769K, expenses of $584K, and assets of $2.8M (revenue +56.6% year-over-year).
- 2011: Revenue of $491K, expenses of $469K, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Owens Community College Foundation:
Data Sources and Methodology
This transparency report for Owens Community College 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.