Z โ€” UnclassifiedEIN: 410711611ยท Ruling Year: 1934

Ordean Foundation

Duluth, Minnesota

A-Health Score
78A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

๐Ÿ’ฐ
$9.4M
Total Revenue
๐Ÿ“Š
$2.2M
Total Expenses
๐Ÿฆ
$40.2M
Net Assets
๐Ÿ“‹
$338K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+466.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+76.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
18.45
Net assets divided by total expenses
Liabilities-to-Assets
0.8%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$9,387,371โ†‘467%$2,179,181โ†‘9%$40,542,651โ†‘7%
2022$1,656,626โ†“68%$2,001,726โ†“4%$37,819,967โ†“17%
2021$5,242,974โ†‘187%$2,087,776โ†‘37%$45,509,190โ†‘11%
2020$1,829,532โ†“28%$1,520,156โ†“40%$41,073,025โ†‘8%
2019$2,550,384โ†‘125%$2,541,103โ†‘8%$38,205,279โ†‘11%
2015$1,132,833โ†“17%$2,354,912$34,339,604โ†“9%
2014$1,357,026โ†“30%$2,354,450โ†‘5%$37,867,272โ†“3%
2013$1,935,697โ†‘7%$2,241,819โ†“16%$38,854,749โ†‘11%
2012$1,804,909โ†“7%$2,659,936โ†‘38%$35,022,414โ†‘5%
2011$1,936,141$1,933,555$33,223,392

Frequently Asked Questions

What does Ordean Foundation do?โ–ผ

Ordean Foundation is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ordean Foundation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Ordean Foundation has a score of 78/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Ordean Foundation generate?โ–ผ

Revenue data for Ordean Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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Ordean Foundation โ€” Duluth, MN | GiveScope