UKRAINIAN ACADEMY OF ARTS & SCIENCES IN THE U S INC (EIN 135605197) - Form 990 Financial Analysis & Trantor Score

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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

1953

Legal Domicile

Principal Officer

Albert Kipa

Phone

2122221866

Tax Period

2023-01-01 to 2023-12-31

UKRAINIAN ACADEMY OF ARTS & SCIENCES IN THE U S INC, founded in 1953, is a small nonprofit in the Arts, Culture & Humanities sector that reported $112K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $36K, a strong 32% operating margin.

Mission

Research, advancement and promotion of Ukrainian studies and culture in the United States

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $70,941

Program Service Revenue $0

Investment Income $41,481

Other Revenue $0

TOTAL REVENUE $112,422

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,053

Fundraising Expenses $0

Program Expenses $58,876

Other Expenses $44,034

TOTAL EXPENSES $76,087

Year-over-Year Comparison

	2023	2022	Change
Revenue	$112,422	$139,267	-0.2%
Expenses	$76,087	$82,908	-0.1%
Net Income	$36,335	$56,359	-0.4%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Albert Kipa PhD	President and acting Treasurer	18.00	Officer Director	$0	$0	$0
Anna Procyk PhD	Learned Secretary	0.5	Officer Director	$0	$0	$0
Mykola Doliba PhD	Board Member	0.5	Director	$0	$0	$0
Myroslava Znayenko	Board Member	0.5	Director	$0	$0	$0
Theodor Kostiuk PhD	Board Member	0.5	Director	$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
2024	No data	No data	No data	No data
2023	$112,422	$76,087	$2,353,996	$36,335
2022	$139,267	$82,908	$2,265,019	$56,359
2021	$75,600	$61,685	$2,074,248	$13,915
2020	$98,548	$55,045	$2,053,741	$43,503
2019	$74,796	$96,437	$1,981,327	$-21,641
2018	$118,055	$91,730	$1,974,356	$26,325

UKRAINIAN ACADEMY OF ARTS & SCIENCES IN THE U S INC