SLAVIC BAPTIST CHURCH OF TRANSFIGURATION

EIN: 320205447 501(c)(3)

MINNETONKA, MN

Total Revenue
$134,496
Total Expenses
$123,615
Total Assets
$292,006
Net Assets
$292,006
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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
2024
Legal Domicile
MN
Principal Officer
VASILIY SHVETS
Phone
6129307098
Tax Period
2025-01-01 to 2025-12-31

SLAVIC BAPTIST CHURCH OF TRANSFIGURATION, founded in 2024, is a small nonprofit that reported $134K in total revenue in fiscal year 2025. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $124K left a modest 8% surplus.

Mission

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 (2025)

Revenue Breakdown

Contributions & Grants $134,496
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $134,496

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,700
Fundraising Expenses $0
Program Expenses $123,615
Other Expenses $118,915
TOTAL EXPENSES $123,615

Year-over-Year Comparison

2025 2024 Change
Revenue $134,496 $330,091 -0.6%
Expenses $123,615 $108,717 +0.1%
Net Income $10,881 $221,374 -1.0%
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
1
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
1
$4,700
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAIL TIMOSHENKO PASTOR 025.00
Director
$4,700 $0 $4,700
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
2025 $134,496 $123,615 $292,006 $10,881
2024 $330,091 $108,717 $281,125 $221,374
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