Hearts for Russ Inc

Nonprofit profile at a glance

EIN
474953423
IRS 990-EZ coverage
2018–2025
Forms available
Form 990-EZ 2025, Form 990-N 2017
Location
South Salem, NY, USA
Phone
7036241654
Rating
95
Verdict
STRONG
Rating confidence
Moderate
Sector
Heart, Circulatory Research

Reported finances

Revenue
$88,095
Expenses
$81,405
Assets
$80,032
Liabilities
$718

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • DOUGLAS HOUSMAN (PRESIDENT)
  • JOHN REDICAN (VICE PRESIDENT)

People named in this filing

  • DOUGLAS HOUSMAN (PRESIDENT)
  • JAMES HOUSMAN (TREASURER)
  • JOHN REDICAN (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to raise funds and awareness to advance research, education, treatment, and support for heart and other organ transplant patients, while empowering the patients, families, and communities affected by these life-changing conditions.

What it reported doing in 2025

Transplant Patient Support: The purpose of this program is to provide direct assistance to transplant patients and their families during pre-transplant and post-transplant procedures. Direct assistance includes expenses for meals, housing, or transportation. This tax year, we granted $45,000 or 64% of Total Grants awarded to three organizations. Harboring Hearts received a $35,000 grant that supported 63 families in the New York City area to offset the burden of expenses incurred in the pre-transplant process. They provided an average of approximately $500 to each of these families. Heartfelt Help Foundation received a $5,000 grant that supported 5 families in Northern California to offset the burden of expenses incurred during the post-transplant process. These funds provided support approximately $1,000 to each of these families. Off the List received a $5,000 grant that supports patients on the kidney transplant list and their families with the tools needed to find living donors.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 86% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 100
  • Sustainability: 50
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.4%; rating input score 92
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 7.6%; rating input score 57; 57th percentile among comparable filings
  • Total-asset coverage ratio: 0.98; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 25; 25th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 24.1% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: 13.4% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 15.3% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 92.4% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $81K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 8 filing years from 2018 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Operating margin scored 57/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • High — Sustainability: Liabilities to assets ratio scored 25/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.