ORTHOPEDICS CAPITAL FOUNDATION INC

EIN: 271038452 501(c)(3) Employment

WARSAW, IN

Total Revenue
$374,964
Total Expenses
$1,069,668
Total Assets
$499,436
Net Assets
$460,027
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
IN
Principal Officer
SUZANNE LIGHT
Phone
5742671901
Tax Period
2024-07-01 to 2025-06-30

ORTHOPEDICS CAPITAL FOUNDATION INC, founded in 2009, is a small nonprofit in the Employment sector that reported $375K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 185% operating deficit.

Mission

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.

Program Service Accomplishments

Program 1
Expenses: $501,156

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...

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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 CAREER DISCOVERY VR EXPERIENCE IN COLLABORATION WITH IXPLORE. THIS PROGRAM TAKES OUR VR EXPERIENCE ON A ROADSHOW HIGHLIGHTING CAREERS IN THE ORTHOPEDIC INDUSTRY TO STUDENTS ACROSS THE REGION. 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.

Program 2
Expenses: $494,602

TALENT ATTRACTION - OCF CONTINUED TO SUPPORT A VARIETY OF EFFORTS RELATED TO PROMOTING TALENT ATTRACTION AND RETENTION IN SUPPORT OF THE ORTHOPEDIC INDUSTRY BY ADVANCING ACTIVITIES RELATED TO...

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TALENT ATTRACTION - OCF CONTINUED TO SUPPORT A VARIETY OF EFFORTS RELATED TO PROMOTING TALENT ATTRACTION AND RETENTION IN SUPPORT OF THE ORTHOPEDIC INDUSTRY BY ADVANCING ACTIVITIES RELATED TO KOSCIUSKO COUNTY'S REPUTATION. WARSAW'S ORTHOPEDIC ECOSYSTEM IS ACTIVELY INVESTING IN TALENT ATTRACTION THROUGH IMMERSIVE K-12 PROGRAMS, UNIVERSITY PARTNERSHIPS, AND YOUNG PROFESSIONAL ENGAGEMENT STRATEGIES. OCF LEADS THESE EFFORTS WITH INITIATIVES LIKE THINKORTHO, TRAILING SPOUSE SUPPORT, AND DOWNTOWN REVITALIZATION TO ENHANCE QUALITY OF PLACE AND RETAIN TALENT.

Program 3
Expenses: $62,611

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...

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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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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $360,394
Program Service Revenue $0
Investment Income $14,570
Other Revenue $0
TOTAL REVENUE $374,964

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $667
Program Expenses $1,058,369
Other Expenses $1,069,668
TOTAL EXPENSES $1,069,668

Year-over-Year Comparison

2024 2023 Change
Revenue $374,964 $605,841 -0.4%
Expenses $1,069,668 $789,194 +0.4%
Net Income $-694,704 $-183,353 +2.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$174,730
Total Directors
6
$174,730
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUZANNE LIGHT CHAIR 0.26
Officer Director
$0 $0 $0
STEPHANIE OVERBEY VICE CHAIR 0.75
Officer Director
$0 $8,171 $174,730
ANDREW FLAMM SECRETARY/TR 0.05
Officer Director
$0 $0 $0
DAVID FINDLAY BOARD MEMBER 0.07
Director
$0 $0 $0
TERRY SCHLOTTERBACK BOARD MEMBER 0.07
Director
$0 $0 $0
VINCE WONG BOARD MEMBER 0.02
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $374,964 $1,069,668 $499,436 $-694,704
2024 $605,841 $789,194 $1,218,681 $-183,353
2023 $152,126 $544,884 $1,385,597 $-392,758
2022 $1,764,272 $68,155 $1,773,220 $1,696,117
2021 $51,561 $21,390 $34,726 $30,171
2020 $14,004 $19,850 $4,555 $-5,846
2019 $16,759 $17,213 $10,401 $-454
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