The ovary is an ovum-producing reproductive organ, often found in pairs as part of the vertebrate female reproductive system. Ovaries are oval-shaped endocrine system glands, the group of glands that produce a variety of hormones human body needs to function appropriately.Ovaries are found in females, one on each side of the uterus. An ovum is a female reproductive cell.varies are oval-shaped endocrine system glands, the group of glands that produce a variety of hormones human body needs to function appropriately. Ovaries are found in females, one on each side of the uterus. An ovum is a female reproductive cell.