H Russell Smith Foundation
Only null% goes to programs Strong reserves Declining revenue
H Russell Smith Foundation is a 501(c)(3) organization based in Newport Beach, California, registered in 2002, with $1,241,286 in FY2024 revenue. CharityIndex grades it C+.
4675 Macarthur Ct Ste 540, Newport Beach, CA, 92660 EIN 56-2283549 Since 2002
Revenue (FY2024)
$1.2M
▲ 480.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.1M
Net assets
$12.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for H Russell Smith Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating131 mo reserves · +10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For H Russell Smith Foundation: 131 mo reserves · +10% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for H Russell Smith Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For H Russell Smith Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 4675 Macarthur Ct Ste 540, Newport Beach, CA, 92660
- City
- Newport Beach
- State
- California
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $589K (FY2020) to $1.2M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $12.1M
Operating margin
10.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$12.1M
Total liabilities
$0
Net assets
$12.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,241,286▲480% | $1,111,031▲97.4% | $12,113,467▲0.9% | $12,113,467▲0.9% | 990PF |
| 2023 | $214,027▼46.9% | $562,819▼16.8% | $12,001,789▼2.8% | $12,001,789▼2.8% | 990PF |
| 2022 | $403,262▼73.3% | $676,714▼0.6% | $12,350,925▼2.4% | $12,350,925▼2.4% | 990PF |
| 2021 | $1,510,650▲156% | $680,884▼0.1% | $12,652,666▲7.2% | $12,652,666▲7.2% | 990PF |
| 2020 | $589,230 | $681,535 | $11,798,666 | $11,798,666 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is H Russell Smith Foundation a legitimate nonprofit?
- Yes. H Russell Smith Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-2283549, based in Newport Beach, California. Donations are tax-deductible.
- What is H Russell Smith Foundation's EIN?
- H Russell Smith Foundation's Employer Identification Number (EIN) is 56-2283549.
- How much revenue does H Russell Smith Foundation report?
- H Russell Smith Foundation reported $1,241,286 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does H Russell Smith Foundation have?
- CharityIndex grades H Russell Smith Foundation C+, based on financial health (reserves and operating margin).
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Data for H Russell Smith Foundation (EIN 56-2283549) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.