Pig Works Inc logo

Pig Works Inc

Public charity · Grantmaker Cincinnati, OH EIN: 31-1571531 Website

Pig Works Inc is a Cincinnati, Ohio public charity that produces the Flying Pig Marathon and other participatory events. Its work includes event production, community health and movement initiatives, and charitable activity connected to its events.

Key facts about Pig Works Inc

In short: Pig Works Inc reported $1.2M in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.

EIN
31-1571531
Latest 990 filing
Form 990, 2025
Grants paid (2025)
$1,234,656 — reported as a total on the IRS filing, without an itemized list
Total assets
$4,235,657
Next open deadline
March 15, 2027 (Flying Pig Marathon High School Scholarship)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$4.2M

+144.2% YoY

Grants Paid (reported total)

$1.2M

+3060.3% YoY

Revenue

$9.2M

+44.7% YoY

Net Investment Income

$56K

+251.8% YoY

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

On its 2025 filing, the organization stated its mission is to create an economically viable, first-class and fun marathon for participants, volunteers, spectators, and sponsors. The filing describes its program as hosting the annual Flying Pig Marathon and additional races that raise money for charities.

Pig Works says its goals include creating participatory sporting events for people of different ages and abilities, contributing to charitable causes, and promoting health and movement in the community. Its website says its events work with more than 300 charities and that participants have raised funds for charitable partners.

Grantmaking

The IRS filing data reports six grants totaling $39,068 in 2024 and six grants totaling $36,333 in 2023. That is an average of about $6,511 per grant in 2024 and $6,056 in 2023. The 2025 filing data lists no grants. No grantee names or grant amounts by recipient are provided.

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1 open opportunity from Pig Works Inc

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Geographic Focus

Where this funder awards grants

Pig Works describes its community work as centered in Cincinnati and the surrounding region, with charitable activity extending beyond it. Its high school scholarship is limited to students attending school in specified counties in Ohio, Kentucky, and Indiana: Butler, Clermont, Clinton, Hamilton, and Warren in Ohio; Boone, Bracken, Campbell, Gallatin, Grant, Kenton, and Pendleton in Kentucky; and Dearborn, Franklin, Ohio, Switzerland, and Union in Indiana.

Grant Distribution by State

5states

Cities

CincinnatiLovelandAlexandriaUnionChicagoDillsboroLebanonTipp City

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M12 grants2019 1 grant2020 Total only2021 Total only2022 6 grants2023 6 grants2024 Total only2025

From 2019 to 2025, annual grant giving ranged from $5K (2020) to $1.2M (2025). In 2025 it reported $1.2M in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

12 grants across all recorded years

12<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 12 grants of 12 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $4,235,657 $9,208,838 $7,526,118 0
2024 $1,734,735 $6,364,728 $5,564,631 $39,068 across 6 grants
2023 $1,172,130 $6,810,801 $6,093,461 $36,333 across 6 grants
Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$4,235,657$1,734,735$1,172,130
Revenue$9,208,838$6,364,728$6,810,801
Expenses$7,526,118$5,564,631$6,093,461
Net Investment Income$55,667$15,825$5,980

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS September 4, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS April 30, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  5. Added Form 990 for fiscal year 2025 (received by the IRS July 28, 2026)
  6. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Jamie Smith as chair and James Jansing as treasurer. It lists Chris Cavanaugh, James Ferguson, Dennis Geiger, Josh Heuser, Holly Ippisch, Kim Zellars, Robert Taylor Jr, and Barbara Walker as board members.

The organization’s website identifies Doug Olberding as president and CEO and lists staff roles including chief operating officer, executive director of community engagement, and director of charities.

Pig Works Inc is led by Doug Olberding, President & CEO since 2024 (on filings since 2019); 6 of 29 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Doug Olberding

    President & CEO

    Chairperson → Board Member, 2020

    Board Member → President & CEO, 2024

    On filings since 2019

    40 hrs/week

    $91K (2024) → $155K (2025)

  • Iris Simpson-Bush

    Executive Director

    On filings since 2019

    40 hrs/week

    $140K (2019) → $56K (2025)

  • Jamie Smith

    Chair

    Nominating Chair → Vice Chair, 2020

    Vice Chair → Chair, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Michael Laux

    Nominating Chair

    Board Member → Nominating Chair, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jeanette Kiely

    Co-Race Director

    New on the 2025 filing

    40 hrs/week

    $92K (2025)

  • Joel Barnhill

    Director of Charities & Post Race Events

    New on the 2025 filing

    40 hrs/week

    No compensation reported

  • Shawn Verhoff

    Co-Race Director

    New on the 2025 filing

    40 hrs/week

    No compensation reported

  • John Cappela

    Chief Operating Officer

    On filings since 2022

    40 hrs/week

    $139K (2023) → $153K (2025)

  • Sarah Pelfrey

    Vice President Sales & Partnerships

    Vice President Sales & Client Engagement → Vice President Sales & Client Engageme, 2023

    Vice President Sales & Client Engageme → Vice President Sales & Partnerships, 2025

    On filings since 2022

    40 hrs/week

    $132K (2023) → $119K (2025)

  • Emmy Hartman

    Vice President of Marketing

    New on the 2025 filing

    40 hrs/week

    $63K (2025)

  • Barbara Walker

    Board Member

    Secretary → Board Member, 2020

    On filings since 2019

    1 hr/week

    No compensation reported

  • Bob Coughlin

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Chris Cavanaugh

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Dennis Geiger

    Board Member

    Treasurer → Board Member, 2020

    On filings since 2019

    1 hr/week

    No compensation reported

  • Holly Ippisch

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • James Ferguson

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • James Jansing

    Treasurer

    Board Member → Nominating Chair, 2020

    Nominating Chair → Treasurer, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jeff Kujawa

    Board Member

    Board Member → Treasurer, 2020

    Treasurer → Board Member, 2023

    On filings since 2019

    1 hr/week

    No compensation reported

  • Josh Heuser

    Board Member

    Vice President Chair → Chair, 2020

    Chair → Board Member, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Katy Bunn

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Robert Taylor Jr.

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Bryan Hamilton

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mark Ramler

    Vice Chair

    Board Member → Vice Chair, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mary Wineberg

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Alejandro Ramirez

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Bobby Slattery

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Erin Rolfes

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Kim Zellars

    Board Member

    On filings since 2024

    1 hr/week

    No compensation reported

  • Kelly Adamson

    Board Member

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (7)
  • Former: Frances Gilbert (2019–2022) — Board Member
  • Former: Lori Salzarulo (2020–2022) — Board Member
  • Former: Todd Duesing (2020–2022) — Board Member
  • Former: Flannery Higgins (2022) — Chief Marketing Officer
  • Former: Jeff Borcherding (2019–2020) — Board Member
  • Former: John Sence (2019–2020) — Board Member
  • Former: Thomas Kimball (2019) — Board Member

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Doug Olberding — President & CEO: $155KDoug OlberdingPresident & CEO$155KJohn Cappela — Chief Operating Officer: $153KJohn CappelaChief Operating Officer$153KSarah Pelfrey — VP Sales & Partnerships: $119KSarah PelfreyVP Sales & Partnerships$119KJeanette Kiely — Co-Race Director: $92KJeanette KielyCo-Race Director$92KEmmy Hartman — VP of Marketing: $63KEmmy HartmanVP of Marketing$63KIris Simpson-Bush — Executive Director: $56KIris Simpson-BushExecutive Director$56K

The highest reported compensation on the 2025 filing was $155K, to Doug Olberding (President & CEO). 6 officers or directors reported compensation on that filing.

Contact

Mailing address: PO Box 6068, Cincinnati, OH 45206
Phone: (513) 721-7447
Website: https://flyingpigmarathon.com

Frequently asked questions about Pig Works Inc

How much does Pig Works Inc give each year?

Pig Works Inc reported $1.2M in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it gave $39K across 6 grants.

How large is Pig Works Inc?

Pig Works Inc reported $4.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $9.2M.

What does Pig Works Inc fund?

On its 2025 filing, the organization stated its mission is to create an economically viable, first-class and fun marathon for participants, volunteers, spectators, and sponsors. See mission & focus areas ↑

How do I apply for a grant from Pig Works Inc?

Pig Works Inc has no public application process in the sources Grantable reviewed. Check flyingpigmarathon.com for current guidelines, or contact the foundation directly before submitting a request.

Where does Pig Works Inc make grants?

Pig Works describes its community work as centered in Cincinnati and the surrounding region, with charitable activity extending beyond it.

What is Pig Works Inc's EIN?

Pig Works Inc's EIN (Employer Identification Number) is 31-1571531. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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