Civic Intelligence

Orthopedics Capital Foundation Inc

EIN 27-1038452 • 501(c)3 • Warsaw, IN

Profile

Part i, line 1 and part iii, line 1 (continued)- for the benefit of the kosciusko county region, we seek to support the long-term sustainability and growth of warsaw's orthopedic community through charitable, educational and scientific activities focused on: education, talent and workforce development, community enhancement, innovation and entrepreneurship, transportation and logistics, and branding and awareness.

102 E Market StWarsaw, IN 46580

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

77th percentile

0.08x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

82nd percentile

0.11x

Higher debt load relative to revenue than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

7th percentile

-185%

Higher net margin than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

21st percentile

-40%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2025

Revenue Growth

86th percentile

57%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2025

Assets

Down

$499,436

Down $719,245 (-59%) from 2024

Liabilities

Down

$39,409

Down $24,541 (-38%) from 2024

Net Assets

Down

$460,027

Down $694,704 (-60%) from 2024

Revenue

Down

$374,964

Down $230,877 (-38%) from 2024

Expenses

Up

$1,069,668

Up $280,474 (+36%) from 2024

Net Income

Down

-$694,704

Down $511,351 (-279%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2011: $5,019,955Liabilities 2011: $81,041Net Assets 2011: $4,938,9142011Assets 2012: $3,553,674Liabilities 2012: $359,417Net Assets 2012: $3,194,2572012Assets 2013: $5,726,202Liabilities 2013: $335,103Net Assets 2013: $5,391,0992013Assets 2014: $5,270,277Liabilities 2014: $246,272Net Assets 2014: $5,024,0052014Assets 2015: $3,723,427Liabilities 2015: $663,912Net Assets 2015: $3,059,5152015Assets 2016: $1,735,790Liabilities 2016: $426,303Net Assets 2016: $1,309,4872016Assets 2017: $359,315Liabilities 2017: $147,284Net Assets 2017: $212,0312017Assets 2018: $15,555Liabilities 2018: $4,700Net Assets 2018: $10,8552018Assets 2019: $10,401Liabilities 2019: $0Net Assets 2019: $10,4012019Assets 2020: $4,555Liabilities 2020: $0Net Assets 2020: $4,5552020Assets 2021: $34,726Liabilities 2021: $0Net Assets 2021: $34,7262021Assets 2022: $1,773,220Liabilities 2022: $42,377Net Assets 2022: $1,730,8432022Assets 2023: $1,385,597Liabilities 2023: $48,459Net Assets 2023: $1,337,1382023Assets 2024: $1,218,681Liabilities 2024: $63,950Net Assets 2024: $1,154,7312024Assets 2025: $499,436Liabilities 2025: $39,409Net Assets 2025: $460,0272025

Highlighted filing

2025

Assets$499,436
Liabilities$39,409
Net Assets$460,027

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2011: $454,3612011Expenses 2012: $1,792,4892012Expenses 2013: $2,235,5362013Revenue 2014: $2,252,252Expenses 2014: $2,619,347Net Income 2014: -$367,0952014Revenue 2015: $218,831Expenses 2015: $2,183,321Net Income 2015: -$1,964,4902015Revenue 2016: $139,614Expenses 2016: $1,889,642Net Income 2016: -$1,750,0282016Revenue 2017: $2,693Expenses 2017: $1,100,149Net Income 2017: -$1,097,4562017Revenue 2018: $93Expenses 2018: $201,269Net Income 2018: -$201,1762018Revenue 2019: $16,759Expenses 2019: $17,213Net Income 2019: -$4542019Revenue 2020: $14,004Expenses 2020: $19,850Net Income 2020: -$5,8462020Revenue 2021: $51,561Expenses 2021: $21,390Net Income 2021: $30,1712021Revenue 2022: $1,764,272Expenses 2022: $68,155Net Income 2022: $1,696,1172022Revenue 2023: $152,126Expenses 2023: $544,884Net Income 2023: -$392,7582023Revenue 2024: $605,841Expenses 2024: $789,194Net Income 2024: -$183,3532024Revenue 2025: $374,964Expenses 2025: $1,069,668Net Income 2025: -$694,7042025

Highlighted filing

2025

Revenue$374,964
Expenses$1,069,668
Net Income-$694,704

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.04$0.46$0.37$1.07$0.69
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.06$1.15$0.61$0.79$0.18
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.05$1.34$0.15$0.54$0.39
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.04$1.73$1.76$0.07$1.70
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.00$0.03$0.05$0.02$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.01$0.02$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.00$0.01$0.02$0.02$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.00$0.01$0.00$0.20$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.36$0.15$0.21$0.00$1.10$1.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.74$0.43$1.31$0.14$1.89$1.75
2015Detailed filing. Detailed filing data is available for this year.$3.72$0.66$3.06$0.22$2.18$1.96
2014Detailed filing. Detailed filing data is available for this year.$5.27$0.25$5.02$2.25$2.62$0.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.73$0.34$5.39$2.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.55$0.36$3.19$1.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.02$0.08$4.94$0.45
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 15, 2026
Return Version
2024v5.0
Gross Receipts
$374,989
Mission and Program Overview

Mission

Part i, line 1 and part iii, line 1 (continued)- for the benefit of the kosciusko county region, we seek to support the long-term sustainability and growth of warsaw's orthopedic community through charitable, educational and scientific activities focused on: talent development, talent attraction and innovation/entrepreneurship.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$957,131--
Savings and Temporary Cash Investments$172,917$498,250▲ $325,333
Pledges and Grants Receivable$88,000--
Total Assets$1,218,681$499,436▼ $719,245
Other Assets Total$633$1,186▲ $553
Liabilities
Accounts Payable and Accrued Expenses$63,950$39,409▼ $24,541
Total Liabilities$63,950$39,409▼ $24,541
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,095,090$386,847▼ $708,243
Net Assets Without Donor Restrictions$59,641$73,180▲ $13,539
Total Net Assets Fund Balance$1,154,731$460,027▼ $694,704
Total Liabilities and Net Assets / Fund Balance$1,218,681$499,436▼ $719,245
Compensation and Service Providers

Board Members and Trustees

NameTitle
Suzanne LightChair
Stephanie OverbeyVice Chair
David FindlayBoard Member
Terry SchlotterbackBoard Member
Vince WongBoard Member
Andrew FlammSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$360,394
Program Service Revenue
$0
Investment Income
$14,570
Other Revenue
$0
All Other Contributions
$360,394
Change in Net Assets
$-694,704

Audited Revenue Reconciliation

Revenue per Audited Statements
$374,964
Total Revenue per Audited Statements
$374,964
Total Revenue per Form 990
$374,964
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,069,668
Total Fundraising Expense$667
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$539,500$10,000$643$550,143
Occupancy$47,015--$47,015
Office Expenses$17,985-$24$18,009
Fees for Services Accounting$14,944--$14,944
Conferences and Meetings$5,730--$5,730
Travel$2,508--$2,508
Other Expenses$23,170$632-$632
Total Functional Expenses$1,058,369$10,632$667$1,069,668

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,069,668
Total Expenses per Audited Statements$1,069,668
Total Expenses per Form 990$1,069,668
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 8B

There are no committees with the authority to act on behalf of the governing body.

Form 990, Page 6, Part VI, Line 11B

Upon completion of the form 990, an electronic version of the return is distributed to all board members. Board members are asked to review the return and indicate whether they accept or do not accept the form 990 as presented. If accepted by a majority of the board, the form 990 is then submitted to the irs. If not accepted, the form 990 will be revised until accepted by the board of directors.

Form 990, Page 6, Part VI, Line 12C

Each director and officer annually receives a conflict of interest questionnaire through which they are asked to confirm or report the following: (i) that he or she has read and understands ocf's conflict of interest policy (which imposes upon each director and officer a continuing, affirmative duty to report any personal ownership, interest, or relationship that might affect his or her ability to exercise impartial, ethical, and business-based judgements in fulfilling responsibilities to ocf); (ii) that he or she is in compliance with the policy; (iii) that he or she is reporting (with his or her completed questionnaire) all actual or potential conflicts of interest that arise as a result of his or her role with ocf, and each position that he or she holds as a director, trustee, officer, or employee of any other nonprofit organization; and (iv) that he or she will report promptly any changes in information reported in his or her questionnaire or in any other matters that might affect compliance with the policy. The board chair collects and reviews the questionnaires as they are returned and makes sure that all who are required to complete a conflict questionnaire have done so. When an individual reports an actual, potential, or perceived conflict of interest, ocf follows the procedures outlined in its policy for disclosure of conflicts to the applicable body of decision-makers and recusal of individual(s) with conflicts from the decision-making process. Pursuant to the policy, ocf's board of directors is responsible for the oversight of, and action regarding, all disclosures and/or failures to disclose.

Form 990, Page 6, Part VI, Line 19

Upon request, orthopedics capital foundation makes its governing documents, conflict of interest policy, form 1023, form 990s and audited financial statements available to the general public.

Filing and Contact Details

Filer

Filer Name
Orthopedics Capital Foundation Inc
EIN
27-1038452
Phone
5742671901
Address
102 E MARKET ST, WARSAW, IN 46580

Signing Officer

Name
Suzanne Light
Title
Chair
Phone
5742671901
Signed
2026-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Suzanne Light
Formed
2009
Legal Domicile
In
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
30

Preparer

Firm
Estep Burkey Simmons LLC
Address
PO BOX 42, MUNCIE, IN 47308-0042
Preparer
Patrick W Burkey
Phone
7652847554
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S 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.

Form 990, Part IX, Line 11G

Employee lease expenses 539,500 0 643 admin fees 0 10,000 0 total 539,500 10,000 643

Financial Statement Notes

Schedule D, Page 3, Part X

Ocf recognizes a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized will be the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit will be recorded. Ocf has examined this issue and has determined there are no material contingent tax liabilities. Ocf's federal and state exempt organization tax returns for 2021, 2022, and 2023 are subject to examination by the internal revenue service and the indiana department of revenue. Returns are generally subject to examination for three years after they are filed.

Raw XML AppendixShowing 400 of 402 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgSrvcAccomActy2Grp/Desc0TALENT 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.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0OCF RECOGNIZES A TAX BENEFIT ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. OCF HAS EXAMINED THIS ISSUE AND HAS DETERMINED THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES. OCF'S FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS FOR 2021, 2022, AND 2023 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE INDIANA DEPARTMENT OF REVENUE. RETURNS ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THEY ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORTHOPEDICS 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON COMPLETION OF THE FORM 990, AN ELECTRONIC VERSION OF THE RETURN IS DISTRIBUTED TO ALL BOARD MEMBERS. BOARD MEMBERS ARE ASKED TO REVIEW THE RETURN AND INDICATE WHETHER THEY ACCEPT OR DO NOT ACCEPT THE FORM 990 AS PRESENTED. IF ACCEPTED BY A MAJORITY OF THE BOARD, THE FORM 990 IS THEN SUBMITTED TO THE IRS. IF NOT ACCEPTED, THE FORM 990 WILL BE REVISED UNTIL ACCEPTED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH DIRECTOR AND OFFICER ANNUALLY RECEIVES A CONFLICT OF INTEREST QUESTIONNAIRE THROUGH WHICH THEY ARE ASKED TO CONFIRM OR REPORT THE FOLLOWING: (I) THAT HE OR SHE HAS READ AND UNDERSTANDS OCF'S CONFLICT OF INTEREST POLICY (WHICH IMPOSES UPON EACH DIRECTOR AND OFFICER A CONTINUING, AFFIRMATIVE DUTY TO REPORT ANY PERSONAL OWNERSHIP, INTEREST, OR RELATIONSHIP THAT MIGHT AFFECT HIS OR HER ABILITY TO EXERCISE IMPARTIAL, ETHICAL, AND BUSINESS-BASED JUDGEMENTS IN FULFILLING RESPONSIBILITIES TO OCF); (II) THAT HE OR SHE IS IN COMPLIANCE WITH THE POLICY; (III) THAT HE OR SHE IS REPORTING (WITH HIS OR HER COMPLETED QUESTIONNAIRE) ALL ACTUAL OR POTENTIAL CONFLICTS OF INTEREST THAT ARISE AS A RESULT OF HIS OR HER ROLE WITH OCF, AND EACH POSITION THAT HE OR SHE HOLDS AS A DIRECTOR, TRUSTEE, OFFICER, OR EMPLOYEE OF ANY OTHER NONPROFIT ORGANIZATION; AND (IV) THAT HE OR SHE WILL REPORT PROMPTLY ANY CHANGES IN INFORMATION REPORTED IN HIS OR HER QUESTIONNAIRE OR IN ANY OTHER MATTERS THAT MIGHT AFFECT COMPLIANCE WITH THE POLICY. THE BOARD CHAIR COLLECTS AND REVIEWS THE QUESTIONNAIRES AS THEY ARE RETURNED AND MAKES SURE THAT ALL WHO ARE REQUIRED TO COMPLETE A CONFLICT QUESTIONNAIRE HAVE DONE SO. WHEN AN INDIVIDUAL REPORTS AN ACTUAL, POTENTIAL, OR PERCEIVED CONFLICT OF INTEREST, OCF FOLLOWS THE PROCEDURES OUTLINED IN ITS POLICY FOR DISCLOSURE OF CONFLICTS TO THE APPLICABLE BODY OF DECISION-MAKERS AND RECUSAL OF INDIVIDUAL(S) WITH CONFLICTS FROM THE DECISION-MAKING PROCESS. PURSUANT TO THE POLICY, OCF'S BOARD OF DIRECTORS IS RESPONSIBLE FOR THE OVERSIGHT OF, AND ACTION REGARDING, ALL DISCLOSURES AND/OR FAILURES TO DISCLOSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST, ORTHOPEDICS CAPITAL FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 1023, FORM 990S AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EMPLOYEE LEASE EXPENSES 539,500 0 643 ADMIN FEES 0 10,000 0 TOTAL 539,500 10,000 643
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
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ReturnHeader/ReturnTs02026-01-30T16:31:51-05:00
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ReturnHeader/TaxPeriodBeginDt02024-07-01

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