SELF RELIANCE ASSOCIATION OF AMERI… - Form 990 Financial Data

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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

1951

Legal Domicile

Phone

2127771336

Tax Period

2023-01-01 to 2023-12-31

SELF RELIANCE ASSOCIATION OF AMERICAN UKRAINIANS, founded in 1951, is a small nonprofit that reported $191K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $40K, a strong 21% operating margin.

Mission

TO PROVIDE SERVICES FOR AMERICAN UKRAINIANS. SERVICES INCLUDE SOCIAL SERVICE PROGRAMS FOR THE ELDERLY AND NEWLY ARRIVED IMMIGRANTS. THE ASSOCIATION ALSO RUNS A UKRAINIAN LANGUAGE SCHOOL FOR CHILDREN TO PROMOTE THE UKRAINIAN HERITAGE.

Program Service Accomplishments

Program 1

Expenses: $98,463 Revenue: $76,970

UKRAINIAN LANGUAGE SATURDAY SCHOOL PROGRAM FOR UKRAINIAN-AMERICAN CHILDREN. TO MAINTAIN AND SPREAD A KNOWLEDGE AND APPRECIATION OF THE UKRAINIAN LANGUAGE AND HERITAGE.

Program 2

Expenses: $13,018 Revenue: $5,697

SOCIAL SERVICE PROGRAM FOR THE ELDERLY AND FOR NEWLY ARRIVEDIMMIGRANTS. SPONSOR BUS TRIPS TO FESTIVALS, THEATRE PERFORMANCES,BINGO, COFFEE HOURS, FITNESS AND NUTRITIONAL PROGRAMS. SPONSORSEVERAL...

SOCIAL SERVICE PROGRAM FOR THE ELDERLY AND FOR NEWLY ARRIVEDIMMIGRANTS. SPONSOR BUS TRIPS TO FESTIVALS, THEATRE PERFORMANCES,BINGO, COFFEE HOURS, FITNESS AND NUTRITIONAL PROGRAMS. SPONSORSEVERAL HOLIDAY DINNERS.

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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 $90,738

Program Service Revenue $76,970

Investment Income $14,816

Other Revenue $8,309

TOTAL REVENUE $190,833

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $111,481

Other Expenses $150,958

TOTAL EXPENSES $150,958

Year-over-Year Comparison

	2023	2022	Change
Revenue	$190,833	$167,258	+0.1%
Expenses	$150,958	$175,771	-0.1%
Net Income	$39,875	$-8,513	-5.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
OLEH LOPATYNSKY	President	2.00	Director	$0	$0	$0
WALTER SAFIAN	Treasurer	3.00	Director	$0	$0	$0
DARIA DROZDOVSKA	Secretary	3.00	Director	$0	$0	$0
IRENE D'ALESSIO	SOCIAL SERVICE	10.00	Director	$0	$0	$0
OKSANA LOPATYNSKY	MEMBER	2.00	Director	$0	$0	$0
NATALE DUMA	MEMBER	2.00	Director	$0	$0	$0
KLAVDIA GRITSYK	MEMBER	2.00	Director	$0	$0	$0
KATHERINE PLIESZAK	MEMBER	2.00	Director	$0	$0	$0
NEONILA ONUFERKO	MEMBER	2.00	Director	$0	$0	$0
OLGA IVASHKIV	MEMBER	2.00	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	$190,833	$150,958	$579,558	$39,875
2022	$167,258	$175,771	$603,967	$-8,513
2021	$142,732	$154,136	$612,480	$-11,404
2020	$125,004	$178,181	$623,884	$-53,177
2019	$209,225	$200,740	$677,061	$8,485
2018	$204,965	$203,978	$668,576	$987

SELF RELIANCE ASSOCIATION OF AMERICAN UKRAINIANS