Organization for Associates Degree Nursing Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Support curriculum innovations to improve preparation of the Associate Degree graduate. Keep Associate Degree Nursing education responsive to current health care needs. Support the role of Associate Degree graduates. Provide scholarships to support preparation of faculty and students. Recognition of excellence in teaching and research.
- Income
- $540,758
- Spending
- $449,664
- Spent on programs
- 97%
- Reserves
- 7.5 months of spending
- Largest source of income
- other income, 77%
- Employees
- 4
- Volunteers
- 12
- Highest pay
- $178,255, ceo
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
Good: 88 out of 100. Higher than 69% of charities in its peer group (education, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 7.5 months of spending.
Debt
20 of 20It owes 5% of what it owns.
Living within its means
15 of 15Income exceeded spending by 17% of income.
Income trend
10 of 15Income fell 0% on the year before.
Spending floor
15 of 1597% of spending went to programs and raising each dollar of donations cost 0 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
Strong: 95 out of 100. Higher than 91% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 2511 of 11 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a 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
10 of 10Gave 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
15 of 15Its accounts were audited 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 (2)
- $420,093 spent. The OADN Foundation advances the mission of the Organization for Associate Degree Nursing by supporting initiatives that strengthen associate degree nursing education and student success. Its focus includes providing scholarships and grants to ADN students and faculty, fostering leadership development, promoting academic progression, and supporting innovative programs that enhance the preparation, representation, and resilience of the nursing workforce. Through these efforts, the Foundation invests in the future of nursing by removing barriers to education, cultivating emerging leaders, and encouraging excellence across community collegebased nursing programs nationwide.
- $18,000 spent. Support curriculum innovations to improve preparation of the Associate Degree graduate. Keep Associate Degree Nursing education responsive to current health care needs. Support the role of Associate Degree graduates. Provide grants and scholarships to support preparation of faculty and students. Recognition of excellence in teaching and research.
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 October 13, 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 October 13, 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 October 13, 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 October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1999.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 21, 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.