Orange Foundation EIN 06-0955006

Orange Foundation

EIN  06-0955006 Public foundation / grantmaker Orange, CT Founded 1976
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Offers college scholarships and community grants for local students, seniors, and youth services.
Leadership
Jacqueline Koral · Director of Development
Money in and out
$107K revenue, $111K expenses
Bottom line
80% program efficiency

Offers college scholarships and community grants for local students, seniors, and youth services. For fiscal year 2025 it reported $107K in revenue, $111K in expenses, and $2.5M in net assets.Pt I

Grants paid & assets · FY2025
Total revenue
$107K
Pt VIII · Ln 12
Total expenses
$111K
Pt IX · Ln 25
Net assets
$2.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$3K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.20
Program efficiency
80%
of spending reaches programs▲ +3% vs prior filing year
Operating runway
271.9mo
months of highly liquid reserves at operating expense rate▲ +11% vs prior filing year
Surplus margin
-3%
revenue over expenses, this year▲ +89% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$107K
FY2025▲ +20%
Expenses
$111K
FY2025▼ -1%
Total assets
$2.5M
FY2025▲ +10%
Total liabilities
$0
FY2025
Total revenue
$107K
Pt VIII · Ln 12
Total expenses
$111K
Pt IX · Ln 25
Net assets
$2.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$3K
Total assetsPt X · Ln 16$2.5M
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $88K of program spending, described in the organization's own filed words · FY2025.
01

In 2025 we distributed scholarships to thirteen local students based on factors such as: academic accomplishments, financial need, community service, and extracurricular activities.

$52Kprogram expense
02

We distributed community grants to local non-profits that did not have sufficient funding for all of their needs. In 2025 the recipients were: Amity Teen Center (10% sponsor of teen intern at facility that provides used medical equipment at low cost), Orange Historical Society, Town of Orange fireworks on July 4th, Town of Orange…

$29Kprogram expense
03

One grant was $7,500 to Camp Cedarcrest to part fund the purchase of a used truck. Camp Cedarcrest is a non-profit located in Orange Connecticut that allows a camping and outdoor experience to youth groups, religious groups, and others.

$8Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COrange Foundation
EINHdr · item D06-0955006
Principal addressHdr · item COrange, CT
WebsiteHdr · item Jwww.orangefoundation.org
Year of formationHdr · item L1976
State of legal domicileHdr · item MCT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T31)
Ruling yearIRS BMFSep 1977

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director of Development
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director and Treasurer
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income$96K · 89%
Contributions & grants$12K · 11%
Investment income89%$96K
Contributions & grants11%$12K
Total revenueLn 12$107K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.20
Program services80%$88K
Management & general20%$22K
Total functional expensesLn 25$111K

Balance Sheet

Part X · end of year
CashLn 1$91K
Total assetsLn 16$2.5M
Total liabilitiesLn 26$0
Total net assetsLn 32$2.5M
Months of cash on handcomputed9.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.5M · Operating expenses/yr $111K
271.9 months
Where the money goes
Program services
Program services $88K · Total expenses $111K
80%
Management & General
Management & general $22K · Total expenses $111K
20%
Fundraising
Fundraising $0 · Total expenses $111K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $10K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $12K · Total revenue $107K
11%
Government reliance
Government grants $0 · Total revenue $107K
0%
Earned-income share
Program service revenue $0 · Total revenue $107K
0%
Investment reliance
Investment income $96K · Total revenue $107K
+89%
Program self-sufficiency
Program service revenue $0 · Total expenses $111K
0%
Growth & trend
Revenue growth (YoY)
This year $107K · Prior year $89K
+20%
Revenue CAGR
FY2020 $92K · FY2025 $107K
+3%
Net-asset trend (YoY)
End of year $2.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $107K · Expenses $111K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $2.5M
Net-asset ratio
Net assets $2.5M · Total assets $2.5M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.4M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $2.5M
96%
People & payroll
Highest Reported Total Compensation
Individual Jacqueline Koral · Reported title Director of Development · Highest reported compensation $0 · Total expenses $111K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $111K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 20%
Revenue growth 20%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 15 grants · $186K · 2020–2025
Unitemized GrantFY2025$51,800
Camp CedarcrestCT · FY2025$7,500
Town of OrangeFY2024$24,100
Unitemized GrantFY2024$20,000
Unitemized GrantFY2024$7,100
Unitemized GrantFY2023$20,000
Unitemized GrantFY2022$20,000
American Legion Post 127CT · FY2022$7,500
Unitemized GrantFY2021$14,100
Unitemized GrantFY2020$2,000
Unitemized GrantFY2020$2,000
Unitemized GrantFY2020$1,500
Unitemized GrantFY2020$1,500
Unitemized GrantFY2020$1,400

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$107K revenue · viewing · ⤓ 990 PDF
FY2024$89K revenue · ⤓ 990 PDF
FY2023$52K revenue · ⤓ 990 PDF
FY2022$30K revenue · ⤓ 990 PDF
FY2021$89K revenue · ⤓ 990 PDF
FY2020$92K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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