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Passes our checks

Governor Bob Orr Indiana Entrepreneurial Fellowship

EIN 20-1134456 · Indianapolis, IN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair63 out of 100GovernanceFair53 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

ORR FELLOWSHIP RECRUITS AND DEVELOPS THE NEXT GENERATION OF BUSINESS LEADERS AND ENTREPRENEURS.

Income
$729,676
Spending
$1.3 million
Spent on programs
90%
Reserves
6.3 months of spending
Largest source of income
donations and private grants, 91%
Employees
5
Volunteers
120
Highest pay
$158,943, president

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 63 out of 100. Higher than 33% of charities in its peer group (community improvement, $250k to $1m).

  • Reserves

    28 of 35

    Spendable reserves would cover 6.3 months of spending.

  • Debt

    20 of 20

    It owes 5% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 73% of income.

  • Income trend

    0 of 15

    Income fell 53% on the year before.

  • Spending floor

    15 of 15

    90% of spending went to programs and raising each dollar of donations cost 1 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 53 out of 100. Higher than 18% of charities in its peer group (community improvement, $250k to $1m).

  • Independent board

    25 of 25

    14 of 14 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $226,744 spent. IN 2024 ORR FELLOWSHIP RECRUITED IN-PERSON AND VIRTUALLY AT OVER 65 COLLEGES AND UNIVERSITIES AND ATTRACTED 1200 QUALIFIED CANDIDATES. THIS NUMBER WAS BOLSTERED BY THE GENEROUS SUPPORT OF THE LILLY ENDOWMENT WHICH ENABLED STRONGER PR & MARKETING EFFORTS DIRECTLY LEADING TO AN INCREASE IN APPLICANTS. WE SHARED JOB OFFERS WITH 87 CANDIDATES WHO ALSO RECEIVED OFFERS TO JOIN ORR FELLOWSHIP AS ORR FELLOWS (NEW MEMBERS) IN THE FUTURE CLASS OF 2025. THE PROCESS WAS ENABLED AND MADE EASIER THROUGH LEVERAGING LILLY ENDOWMENT FUNDS TO INVEST IN TECHNOLOGIES LOWERING THE MANUAL EFFORT INVOLVED.
  2. $453,489 spent. IN 2024 ORR FELLOWSHIP CONTINUED TO OFFER LEARNING AND DEVELOPMENT EVENTS TO OUR MEMBERS INCLUDING NATIONAL SPEAKERS, BUSINESS LEADER SPEAKER SERIES, FUNCTIONAL WORKSHOPS, DIVERSITY, EQUITY, AND INCLUSION TRAININGS, AND LEADERSHIP DEVELOPMENT PROGRAMMING.
  3. $453,489 spent. EXPENSES RELATED TO OPERATING THE ORGANIZATION AT A HIGH LEVEL INCLUDING THE 3 FULL-TIME EMPLOYEES. THE FTES ARE RESPONSIBLE FOR CREATING AND DELIVERING ALL PROGRAMMING RELATED TO THE RECRUITMENT PROCESS AND EXECUTION OF THE LEARNING AND DEVELOPMENT EVENTS. THROUGHOUT THE YEAR, FUNDS FROM THE LILLY ENDOWMENT WERE INVESTED IN CAPACITY INCREASING ACTIVITIES ALLOWING THE SMALL TEAM TO SCALE OPERATIONS WITHOUT SCALING HEADCOUNT.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 2005.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.