Orthopedics Capital Foundation Inc
- Assets
- $1.2m
- Revenue
- $605.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Warsaw, IN
- Founding
- 11/2010
- Data as of
- 06/2024
- EIN
- 27-1038452
Organization Overview
Orthopedics Capital Foundation Inc is located in Warsaw, IN. The organization was established in 2010. According to its NTEE Classification (J05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Orthopedics Capital Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Orthopedics Capital Foundation Inc generated $605.8k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $789.2k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
ORTHOPEDICS CAPITAL FOUNDATION (OCF) IS DEDICATED TO COLLABORATIVELY BUILDING ON OUR COMMUNITY STRENGTHS AS THE ORTHOPEDIC CAPITAL OF THE WORLD. TO ENSURE A VIBRANT AND DYNAMIC FUTURE FOR THE BENEFIT OF THE KOSCIUSKO COUNTY AND NORTHEAST INDIANA REGION, WE SEEK TO SUPPORT THE LONG-TERM SUSTAINABILITY AND GROWTH OF THE REGION'S ORTHOPEDIC COMMUNITY THROUGH CHARITABLE, EDUCATIONAL AND SCIENTIFIC ACTIVITIES FOCUSED ON: EQUIPPING THE NEXT GENERATION THROUGH TALENT DEVELOPMENT, ENRICHING COMMUNITY THROUGH TALENT ATTRACTION AND QUALITY OF PLACE IMPROVEMENTS AND ACCELERATING INDUSTRY THROUGH ADVANCES IN INNOVATION AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TALENT DEVELOPMENT - OCF HAS SUPPORTED A TALENT DEVELOPMENT INITIATIVE AS AN ELEMENT OF ITS OVERALL STRATEGY FOR CAREER AWARENESS. A MAJOR PROGRAM UNDER THIS INITIATIVE IS THE ONGOING SUPPORT OF THE CURRICULUM, LOGISTICS, SUPPLIES, AND MATERIALS FOR THE DISCOVERME EVENT FOR LOCAL EIGHTH GRADERS. OTHER SIMILAR PROGRAMS TO EXPOSE STUDENTS TO CAREERS IN THE ORTHOPEDIC INDUSTRY INCLUDED IN-CLASS CONTENT, SUPPORT OF VARIOUS EDUCATIONAL PROGRAMS, AND TOURS BY STUDENTS OF VARIOUS BUSINESSES IN KOSCIUSKO COUNTY.
TALENT ATTRACTION - OCF CONTINUED TO SUPPORT A VARIETY OF EFFORTS RELATED TO PROMOTING AN EQUITABLE AND INCLUSIVE COMMUNITY FOCUSED ON TALENT ATTRACTION AND RETENTION IN SUPPORT OF THE ORTHOPEDIC INDUSTRY AND ADVANCING ACTIVITIES RELATED TO KOSCIUSKO COUNTY'S REPUTATION FOR ITS QUALITY OF PLACE IN NORTHEAST INDIANA THROUGH INITIATIVES SUCH AS PROMOTING DIVERSITY, EQUITY, AND INCLUSION, SPONSORING DOWNTOWN WARSAW AND LOCAL EVENTS, AND PARTICIPATION IN VARIOUS REGIONAL QUALITY OF PLACE INITIATIVES.
INNOVATION AND RESEARCH - IN FURTHERANCE OF ITS CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES, OCF CONTINUES TO SUPPORT AND LEAD THE WAY FOR THE ORTHOPEDIC INDUSTRY IN THE FACILITATION OF CONNECTIONS AND RELATIONSHIPS BETWEEN AND AMONG UNIVERSITIES, ENTREPRENEURS, AND RESEARCHERS FOR THE PURPOSE OF ACCELERATING INNOVATION AND INDUSTRY THROUGH VARIOUS INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Light Chair | OfficerTrustee | 0.26 | $0 |
Stephanie Overbey Vice Chair | OfficerTrustee | 0.05 | $0 |
Andrew Flamm Secretary/tr | OfficerTrustee | 0.05 | $0 |
David Findlay Board Member | Trustee | 0.07 | $0 |
Terry Schlotterback Board Member | Trustee | 0.07 | $0 |
Vince Wong Board Member | Trustee | 0.02 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $570,400 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $570,400 |
| Total Program Service Revenue | $0 |
| Investment income | $34,494 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$30 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $605,841 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,042 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5 |
| Fees for services: Other | $512,131 |
| Advertising and promotion | $0 |
| Office expenses | $29,107 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $38,360 |
| Travel | $4,385 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $789,194 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $172,917 |
| Pledges and grants receivable | $88,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $957,131 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $633 |
| Total assets | $1,218,681 |
| Accounts payable and accrued expenses | $63,950 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $63,950 |
| Net assets without donor restrictions | $59,641 |
| Net assets with donor restrictions | $1,095,090 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,218,681 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jobs First Coalition Inc Brookfield, WI | $604,976 | $2,253,070 |
Orthopedics Capital Foundation Inc Warsaw, IN | $1,218,681 | $605,841 |
Missouri Workers Center Saint Louis, MO | $1,038,705 | $1,060,556 |
Louisville Bar Center Inc Louisville, KY | $222,875 | $87,723 |
Pyramid Foundation Inc Lexington, KY | $151,559 | $0 |