Community Improvement
(S12)
IRS Verified
DX Registered
990 on File
JOHN F RUSSO JR MEMORIAL FOUNDATION INC
Financial strength (30%)
68/100
Reliability (20%)
50/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The John F. Russo Jr. Memorial Foundation, a nonprofit 501 (c)(3) organization created in the memory of John F. Russo Jr. This foundation was created to help those fighting leukemia, lymphoma and other life-threatening issues. Our foundation’s main goal is to help local families with medical costs, and other debt associated with their illness. Our committee is purely volunteer and 100% of all donations are filtered right back into the hands of families in our community
Financial Overview — FY 2023
$42K
Total Revenue
$31K
Total Expenses
$101K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.2%
Fundraising Efficiency
153.2%
Operating Reserve
38.85x
Liability-to-Asset
0.0%
Revenue Diversification
115.6%
Compared with Peers
FY 2023
Compared with 5,508 similar organizations
(United States, Community Improvement, under $100K in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
88.2% | 83.6% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
153.2% | 41.5% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
38.9 mo | 24.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
115.6% | 99.0% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-4.1% | -0.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
51.3% | 0.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
26.2% | 11.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $42K | $31K | $101K | 88.2% | — |
| 2022 | $44K | $21K | $90K | 83.4% | — |
| 2021 | $66K | $19K | N/A | — | 1 |
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