THE MARIINSKY FOUNDATION OF AMERICA INC

EIN: 113530261 501(c)(3) Community Improvement

PHOENIX, AZ

Total Revenue
$246,717
Total Expenses
$693,763
Total Assets
$261,174
Net Assets
$-250,333
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
CA
Principal Officer
Elina Bakhteeva
Phone
6027537677
Tax Period
2021-01-01 to 2021-12-31

THE MARIINSKY FOUNDATION OF AMERICA INC, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $247K in total revenue in fiscal year 2021. Expenses of $694K exceeded revenue, resulting in a 181% operating deficit.

Mission

PRIVATE CLUB WORKSPACES FOR USE DURING LOCKDOWN-PANDEMIC RELATED MEETING SPACES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $200,017
Program Service Revenue $0
Investment Income $0
Other Revenue $46,700
TOTAL REVENUE $246,717

Expense Breakdown

Grants Paid $0
Salaries & Benefits $247,535
Fundraising Expenses $1,704
Program Expenses $391,569
Other Expenses $446,228
TOTAL EXPENSES $693,763

Year-over-Year Comparison

2021 2020 Change
Revenue $246,717 $245,000 +0.0%
Expenses $693,763 $646,602 +0.1%
Net Income $-447,046 $-401,602 +0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
2
Employees
2
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$166,884
Total Directors
3
$166,884
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christopher Minev President and Executive Director 40
Officer Director
$134,997 $31,887 $166,884
Sarah Billinghurst Solomon Co-Chair 0.5
Director
$0 $0 $0
RJ Brandes Co-Chair 0.5
Director
$0 $0 $0
Elliot Fishman Treasurer 10
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $246,717 $693,763 $261,174 $-447,046
2020 $245,000 $646,602 $243,413 $-401,602
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