Pilgrim Orphanage Foundation

EIN: 452508817 501(c)(3) Human Services

Vancouver, WA

Total Revenue
$521,647
Total Expenses
$136,947
Total Assets
$437,650
Net Assets
$437,650
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
WA
Principal Officer
Viktoriya Kovalenko
Phone
3609103835
Tax Period
2022-01-01 to 2022-12-31

Pilgrim Orphanage Foundation, founded in 2011, is a small nonprofit in the Human Services sector that reported $522K in total revenue in fiscal year 2022. The organization ran a surplus of $385K, a strong 74% operating margin.

Mission

This organization's primary purpose shall be reaching orphan and homeless children and making a difference in their future by means of providing humanitarian help, education, and mentorship support.

Program Service Accomplishments

Program 1
Expenses: $126,098

This organization's primary purpose shall be reaching orphan and homeless children and making a difference in their future by means of providing humanitarian help, education, and mentorship...

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This organization's primary purpose shall be reaching orphan and homeless children and making a difference in their future by means of providing humanitarian help, education, and mentorship support.In the past year the funds were used for supporting projects in orphan care with various partners, and Ukraine orphanage. One of the Ukraine's orphanage, "Republic Pilgrim Orphange", is a home to more than 80 children from various backgrounds: children with disabilities, homeless, orphans. Completion of new gym facility and soccer field, as well as other remodeling has been completed for the betterment of kids. Some support for organized events, travels and celebration sofor children, as well as covered some medical and dental needs for kids. Some of the funds were spent for the initiative "World without orphans" in Europe, a long-term outreach and awareness project to promote domestic adoption. In addition, there were contributions to a "Church of good Changes": After the beginning of the Russian full-scale invasion of Ukraine, church leaders together with volunteers immediately started to evacuate people from Mariupol which was under Russian shelling and take them to Western Ukraine. The help was provided in purchasing of mini buses for this purpose as well as for the repairing the vehicles. Throughout the year of 2022, there was a constant evacuation of people from the areas that Russia is constantly shelling to Western Ukraine and Europe. For the refugees affected by Russian aggression was regularly purchased food, clothing and other essentials to cover their basic needs.

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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 (2022)

Revenue Breakdown

Contributions & Grants $521,647
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $521,647

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $126,098
Other Expenses $136,947
TOTAL EXPENSES $136,947

Year-over-Year Comparison

2022 2021 Change
Revenue $521,647 N/A N/A
Expenses $136,947 N/A N/A
Net Income $384,700 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Viktoriya Kovalenko Secretary 5.00
Director
$0 $0 $0
Elvira Bacos President 3.00
Director
$0 $0 $0
Oleg Boravlov Vice President 10.00
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
2022 $521,647 $136,947 $437,650 $384,700
2018 $204,405 $228,365 $20,006 $-23,960
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