Governor Bob Orr Indiana Entrepreneurial Fellowship
Public records show a registered, tax-exempt organization in good standing.
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 35Spendable reserves would cover 6.3 months of spending.
Debt
20 of 20It owes 5% of what it owns.
Living within its means
0 of 15Spending exceeded income by 73% of income.
Income trend
0 of 15Income fell 53% on the year before.
Spending floor
15 of 1590% 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 2514 of 14 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports 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)
- $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.
- $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.
- $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
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.
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.
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.
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.
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.
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.