The Russian Orthodox Church of the Mother of God Inexhaustible Cup Inc

EIN: 264639041 501(c)(3) Religion

Brooklyn, NY

Total Revenue
$373,965
Total Expenses
$330,789
Total Assets
$1,806,301
Net Assets
$705,693
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NY
Principal Officer
Igor Skiba
Phone
3477568416
Tax Period
2024-01-01 to 2024-12-31

The Russian Orthodox Church of the Mother of God Inexhaustible Cup Inc, founded in 2009, is a small nonprofit in the Religion sector that reported $374K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $331K left a modest 12% surplus.

Mission

Christian teaching and Christian discipline, in attaining salvation through the participation in sacraments and Christian enlightenment, worthy life and Christian charity. Accordingly, the immediate aims of the parish shall embrace all parish institutions and social needs; charitable work and educational work in the spirit of the Orthodox Church.

Program Service Accomplishments

Program 1
Expenses: $330,789

Worship in the Orthodox Church take place every Saturday (Vigil) and every Sunday (liturgy) as well as in the days of special religious holidays and memory especially significant for the church of...

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Worship in the Orthodox Church take place every Saturday (Vigil) and every Sunday (liturgy) as well as in the days of special religious holidays and memory especially significant for the church of the saints. Worship consists of reading and singing position in this day of psalms, readings from the holy books of the New and Old Testament priest preaching on topics read sacred texts and Holy Communion during the Liturgyiin 2022 building for a new church was purchased and construction costs occured

Program 2

the immediate aims of the parish shall embrace: (a) the care of the church and its adornment; (b) the economic prosperity of the parish and the care of the needs of the church(c) charitable work(d)...

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the immediate aims of the parish shall embrace: (a) the care of the church and its adornment; (b) the economic prosperity of the parish and the care of the needs of the church(c) charitable work(d) educational work in the spirit of the Orthodox Church. n 2022 building was purchased to be a home for a new church

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $373,965
Investment Income $0
Other Revenue $0
TOTAL REVENUE $373,965

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,000
Fundraising Expenses $0
Program Expenses $330,789
Other Expenses $319,789
TOTAL EXPENSES $330,789

Year-over-Year Comparison

2024 2023 Change
Revenue $373,965 $338,127 +0.1%
Expenses $330,789 $284,499 +0.2%
Net Income $43,176 $53,628 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
N/A
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
0
$0
Total Directors
6
$11,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Igor Skiba COO 40.00
Director
$11,000 $0 $11,000
Alexandre Antchoutine rector 0.00
Director
$0 $0 $0
Tetyana Telarico Treasurer 0.00
Director
$0 $0 $0
Irina Matkova head of sisterh 0.00
Director
$0 $0 $0
Raisa Meshoyrer Trustee 0.00
Director
$0 $0 $0
Saveta Yerychuk Trustee 0.00
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 $373,965 $330,789 $1,806,301 $43,176
2023 $338,127 $284,499 $1,788,384 $53,628
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