Civic Intelligence

Foundation for Rush Inc

EIN 47-3716882 • 501(c)3 • Meridian, MS

Profile

Provide financial assistance to health care related causes in and around central mississippi and alabama

1314 19th AvenueMeridian, MS 39301

www.ochsnerrush.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

56th percentile

0.10x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

10.32x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

91st percentile

55%

Higher net margin than 91% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

57th percentile

6.3%

Faster asset growth than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

5th percentile

-50%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$1,222,169

Up $11,075 (+0.9%) from 2023

Liabilities

Up

$125,339

Up $4,351 (+3.6%) from 2023

Net Assets

Up

$1,096,830

Up $6,724 (+0.6%) from 2023

Revenue

Up

$12,142

Up $6,407 (+112%) from 2023

Expenses

Up

$5,418

Up $5,418 from 2023

Net Income

Up

$6,724

Up $989 (+17%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2015: $320,576Liabilities 2015: $6,600Net Assets 2015: $313,9762015Assets 2016: $453,385Liabilities 2016: $6,606Net Assets 2016: $446,7792016Assets 2017: $577,957Liabilities 2017: $700Net Assets 2017: $577,2572017Assets 2018: $798,552Liabilities 2018: $52Net Assets 2018: $798,5002018Assets 2019: $868,086Liabilities 2019: $52Net Assets 2019: $868,0342019Assets 2020: $976,856Liabilities 2020: $83Net Assets 2020: $976,7732020Assets 2021: $1,085,662Liabilities 2021: $2,083Net Assets 2021: $1,083,5792021Assets 2022: $1,081,082Liabilities 2022: $2,000Net Assets 2022: $1,079,0822022Assets 2023: $1,211,094Liabilities 2023: $120,988Net Assets 2023: $1,090,1062023Assets 2024: $1,222,169Liabilities 2024: $125,339Net Assets 2024: $1,096,8302024

Highlighted filing

2024

Assets$1,222,169
Liabilities$125,339
Net Assets$1,096,830

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0Revenue 2015: $13,490Expenses 2015: $0Net Income 2015: $13,4902015Revenue 2016: $200,707Expenses 2016: $67,904Net Income 2016: $132,8032016Revenue 2017: $171,760Expenses 2017: $41,282Net Income 2017: $130,4782017Revenue 2018: $255,711Expenses 2018: $34,468Net Income 2018: $221,2432018Revenue 2019: $106,037Expenses 2019: $36,503Net Income 2019: $69,5342019Revenue 2020: $134,417Expenses 2020: $25,678Net Income 2020: $108,7392020Revenue 2021: $131,046Expenses 2021: $24,240Net Income 2021: $106,8062021Revenue 2022: $47,744Expenses 2022: $16,329Net Income 2022: $31,4152022Revenue 2023: $5,735Expenses 2023: $0Net Income 2023: $5,7352023Revenue 2024: $12,142Expenses 2024: $5,418Net Income 2024: $6,7242024

Highlighted filing

2024

Revenue$12,142
Expenses$5,418
Net Income$6,724

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$12,142
Mission and Program Overview

Mission

Provide financial assistance to health care related causes in and around central mississippi and alabama

Provide financial assistance to healthcare related causes in and around central mississippi and alabama.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,191,274$1,153,320▼ $37,954
Other Notes and Loans Receivable, Net-$68,665-
Accounts Receivable$14,087--
Pledges and Grants Receivable$4,810$184▼ $4,626
Total Assets$1,211,094$1,222,169▲ $11,075
Other Assets Total$923$0▼ $923
Liabilities
Other Liabilities$120,988$125,339▲ $4,351
Total Liabilities$120,988$125,339▲ $4,351
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,090,106$1,096,830▲ $6,724
Total Net Assets Fund Balance$1,090,106$1,096,830▲ $6,724
Total Liabilities and Net Assets / Fund Balance$1,211,094$1,222,169▲ $11,075
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alan GartrellBoard Member
Faye MartinBoard Member
D Larkin KennedyCEO - Ochsner Rush Health
J Allen TyraCEO - Ochsner Rush Medical Center
David ButlerCFO - Ochsner Rush Health
Frederick Duggan MdFormer Officer, Physician
Revenue and Support

Revenue Composition

Contributions and Grants
$12,142
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$12,142
Change in Net Assets
$6,724
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,418
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$5,049-$5,049
Fees for Services Management-$369-$369
Total Functional Expenses$0$5,418$0$5,418
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Intercompany Payable$125,339
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Rush health systems, inc is the parent organization and sole member of this organization.

Form 990, Part VI, Section A, Line 7A

The board of rush health systems, inc (sole member of organization) appoints board members for the organization annually for a one year term.

Form 990, Part VI, Section A, Line 7B

The board of rush health systems, inc (sole member of organization) approves and ratifies the actions of the organization's board.

Form 990, Part VI, Section B, Line 11B

Review of form 990 by governing body: one or more members of senior management review the return. A copy of the return is then provided to each member of the board of directors electronically and comments are solicited from the entire board.

Form 990, Part VI, Section B, Line 12C

Conflict of interest policy: officers, directors, trustees, and key employees of ochsner clinic foundation and its subsidiaries are required to complete a conflict of interest disclosure form annually, or within 40 days of becoming an employee, or if a current employee has a change in business circumstances not previously disclosed. The conflict of interest program administrator reviews disclosures and determines whether action is necessary or if the disclosure needs to be reviewed by the conflict of interest steering committee. Ochsner clinic foundation requires annual certification that the relationships disclosed during preceding calendar year are complete and accurate. In addition, employees that do not fall within the scope of the conflict of interst disclosure policy complete new hire or risk-based conflict of interst training in alignment with the conflict of interest policy. The conflict of interest steering committee will make mitigation recommendations including, but not limited to, divestiture and termination of employment.

Form 990, Part VI, Section B, Line 15

Officer compensation: the officers of the foundation for rush inc, are not compensated by the foundation for rush, but are compensated by related organizations for their roles as officers and executives of the ochsner clinic foundation. The process for determining compensation is describes on the form 990 of ochsner clinic foundation (tin# 72-0502505).

Form 990, Part VI, Section C, Line 19

Required documents available to the public: all governing documents, financial statements, and forms 990 and 990-t are available upon written request to the chief financial officer of ochsner clinic foundation. The conflict of interest policy is available upon written request to the audit services department of ochsner clinic foundation.

Filing and Contact Details

Filer

Filer Name
Foundation for Rush Inc
EIN
47-3716882
Phone
6017039614
Address
1314 19TH AVENUE, MERIDIAN, MS 39301

Signing Officer

Name
Jim Molloy
Title
Ocf Evp, CFO, Treasurer
Phone
5048424097
Signed
2025-11-14

Organization Details

Principal Officer
Don Larkin Kennedy
Formed
2015
Legal Domicile
Ms
Voting Board Members
2
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Cri Advisors LLC
Address
400 W PKWY PL STE 300, RIDGELAND, MS 39157
Preparer
William W Iupe
Phone
6018537050
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Purchased services: program service expenses 0. Management and general expenses 4,997. Fundraising expenses 0. Total expenses 4,997. Licenses and taxes: program service expenses 0. Management and general expenses 52. Fundraising expenses 0. Total expenses 52.

Part XII, Line 2C

Foundation for rush, inc. Is a subsidiary of ochsner clinic foundation (tin #72-0502505) and is thus included in the consolidated financial statements of ochsner clinic foundation. Ochsner clinic foundation's financial statements are audited by an independent accountant. In addition, ochsner clinic foundation has a committee for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant.

Financial Statement Notes

PART X, LINE 2:

The majority of ochsner and its subsidiaries qualify as tax-exempt organizations under section 501(a) and are described in section 501(c)(3) of the internal revenue code and are exempt from federal and state income taxes. Any federal income taxes associated with the for-profit entities are not material to ochsner's consolidated financial statements. Management annually reviews its tax positions and has determined that there are no material uncertain tax positions that require recognition in the accompanying consolidated balance sheets. The statute of limitations remains open for tax years 2021 through 2024 in ochsner's main tax jurisdictions.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0D LARKIN KENNEDY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1FREDERICK DUGGAN MD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2J ALLEN TYRA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3DAVID BUTLER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO - OCHSNER RUSH HEALTH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1FORMER OFFICER, PHYSICIAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2CEO - OCHSNER RUSH MEDICAL CENTER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3CFO - OCHSNER RUSH HEALTH
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0OCHSNER HEALTH 457 (F) PLAN THE FOLLOWING PEOPLE PARTICIPATE IN A 457(F) NON-QUALIFIED, UNFUNDED, DEFERRED COMPENSATION PLAN, WHICH WAS ADOPTED IN 2013. THE PLAN ALLOWS FOR ANNUAL FIXED CONTRIBUTIONS BASED ON A PERCENT OF BASE PAY AND SUBJECT TO A THREE-YEAR VESTING REQUIREMENT; AND ANNUAL DISCRETIONARY CONTRIBUTIONS BASED ON A PERCENT OF BASE PAY OR A FLAT-DOLLAR AMOUNT AND SUBJECT TO A THREE-YEAR VESTING REQUIREMENT. FOLLOWING IS A LIST OF PARTICIPANTS AND ANY DISTRIBUTIONS MADE IN 2024: D. LARKIN KENNEDY, CEO OCHSNER RUSH HEALTH; 2024 DISTRIBUTION $5,964 RUSH HEALTH SYSTEMS' CHIEF EXECUTIVE OFFICER, LARKIN KENNEDY, IS PROVIDED WITH A LIFE INSURANCE POLICY WHEREBY PREMIUMS ARE PAID BY THE EMPLOYER, AND PREMIUMS WILL BE RECOVERED AT DEATH OR TERMINATION OF THE AGREEMENT. THE PREMIUMS ARE INCLUDED AS TAXABLE COMPENSATION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART I, LINE 4B
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RUSH HEALTH SYSTEMS, INC IS THE PARENT ORGANIZATION AND SOLE MEMBER OF THIS ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF RUSH HEALTH SYSTEMS, INC (SOLE MEMBER OF ORGANIZATION) APPOINTS BOARD MEMBERS FOR THE ORGANIZATION ANNUALLY FOR A ONE YEAR TERM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF RUSH HEALTH SYSTEMS, INC (SOLE MEMBER OF ORGANIZATION) APPROVES AND RATIFIES THE ACTIONS OF THE ORGANIZATION'S BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEW OF FORM 990 BY GOVERNING BODY: ONE OR MORE MEMBERS OF SENIOR MANAGEMENT REVIEW THE RETURN. A COPY OF THE RETURN IS THEN PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS ELECTRONICALLY AND COMMENTS ARE SOLICITED FROM THE ENTIRE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFLICT OF INTEREST POLICY: OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES OF OCHSNER CLINIC FOUNDATION AND ITS SUBSIDIARIES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY, OR WITHIN 40 DAYS OF BECOMING AN EMPLOYEE, OR IF A CURRENT EMPLOYEE HAS A CHANGE IN BUSINESS CIRCUMSTANCES NOT PREVIOUSLY DISCLOSED. THE CONFLICT OF INTEREST PROGRAM ADMINISTRATOR REVIEWS DISCLOSURES AND DETERMINES WHETHER ACTION IS NECESSARY OR IF THE DISCLOSURE NEEDS TO BE REVIEWED BY THE CONFLICT OF INTEREST STEERING COMMITTEE. OCHSNER CLINIC FOUNDATION REQUIRES ANNUAL CERTIFICATION THAT THE RELATIONSHIPS DISCLOSED DURING PRECEDING CALENDAR YEAR ARE COMPLETE AND ACCURATE. IN ADDITION, EMPLOYEES THAT DO NOT FALL WITHIN THE SCOPE OF THE CONFLICT OF INTERST DISCLOSURE POLICY COMPLETE NEW HIRE OR RISK-BASED CONFLICT OF INTERST TRAINING IN ALIGNMENT WITH THE CONFLICT OF INTEREST POLICY. THE CONFLICT OF INTEREST STEERING COMMITTEE WILL MAKE MITIGATION RECOMMENDATIONS INCLUDING, BUT NOT LIMITED TO, DIVESTITURE AND TERMINATION OF EMPLOYMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OFFICER COMPENSATION: THE OFFICERS OF THE FOUNDATION FOR RUSH INC, ARE NOT COMPENSATED BY THE FOUNDATION FOR RUSH, BUT ARE COMPENSATED BY RELATED ORGANIZATIONS FOR THEIR ROLES AS OFFICERS AND EXECUTIVES OF THE OCHSNER CLINIC FOUNDATION. THE PROCESS FOR DETERMINING COMPENSATION IS DESCRIBES ON THE FORM 990 OF OCHSNER CLINIC FOUNDATION (TIN# 72-0502505).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC: ALL GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND FORMS 990 AND 990-T ARE AVAILABLE UPON WRITTEN REQUEST TO THE CHIEF FINANCIAL OFFICER OF OCHSNER CLINIC FOUNDATION. THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON WRITTEN REQUEST TO THE AUDIT SERVICES DEPARTMENT OF OCHSNER CLINIC FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,997. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,997. LICENSES AND TAXES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 52. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 52.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FOUNDATION FOR RUSH, INC. IS A SUBSIDIARY OF OCHSNER CLINIC FOUNDATION (TIN #72-0502505) AND IS THUS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF OCHSNER CLINIC FOUNDATION. OCHSNER CLINIC FOUNDATION'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTANT. IN ADDITION, OCHSNER CLINIC FOUNDATION HAS A COMMITTEE FOR OVERSIGHT OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8PART XII, LINE 2C
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0SATYR CLINICAL SERVICES INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt1OCHSNER CLINIC FOUNDATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt2OCHSNER CLINIC FOUNDATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt3LAFAYETTE GENERAL HEALTH SYSTEM INC OCHSNER LAFAYETTE GENERAL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt4RUSH HEALTH SYSTEMS INC OCHSNER RUSH HEALTH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt5OCHSNER URGENT CARE 1 LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt6OCHSNER HOLDCO CORPORATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt7OHPI LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt8OCHSNER CLINIC FOUNDATION
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt11PHYSICIAN SERVICES LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt12RUSH SERVICE COMPANY INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt13RUSH HEALTH SYSTEMS INC OCHSNER RUSH HEALTH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt14OCHSNER CLINIC FOUNDATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt15RUSH HEALTH SYSTEMS INC OCHSNER RUSH HEALTH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt16MEDICAL FOUNDATION INC
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