Renton, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)UKRAINIAN ASSOCIATION OF WASHINGTON STATE, founded in 1971, is a small nonprofit in the Arts, Culture & Humanities sector that reported $103K in total revenue in fiscal year 2025. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $253K exceeded revenue, resulting in a 146% operating deficit.
The Ukrainian Association of Washington State is driven by a steadfast commitment to preserve, promote, and celebrate Ukrainian culture and heritage while supporting Ukraine
Program 1: Cultural and Community Projects in WA. Our organization continued operating the Ukrainian Dance Ensemble Barvinok and supported its participation in several domestic and international...
Program 1: Cultural and Community Projects in WA. Our organization continued operating the Ukrainian Dance Ensemble Barvinok and supported its participation in several domestic and international festivals and events. We have organized 2 large community event - our annual Independence Day of Ukraine celebration and Vyshyvanka Day. Our organization also hosted and facilitated several cultural events, including art exhibitions, movie screenings, and meetups with Ukrainian cultural figures. Expenses in this program were used to implement the projects. Several Barvinok instructors were compensated for their contributions, one being a Board Director.
Program 2: Humanitarian Projects in Ukraine. With the full-scale invasion of Ukraine, our organization multiplied its humanitarian efforts in Ukraine. We have made 9 grants, including 4 multi-year...
Program 2: Humanitarian Projects in Ukraine. With the full-scale invasion of Ukraine, our organization multiplied its humanitarian efforts in Ukraine. We have made 9 grants, including 4 multi-year projects. Our primary grants this year went to support medical and evacuation teams (including vehicles and anti-drone electronic jammers), advanced endo-prosthetics for wounded heroes, support for women veterans, and supporting children affected by the war.
Program 3: Ukraine Advocacy and Activism. As part of this program, we have organized the Support Ukraine rally and the Holodomor commemoration event. Our Political Advocacy Committee held regular...
Program 3: Ukraine Advocacy and Activism. As part of this program, we have organized the Support Ukraine rally and the Holodomor commemoration event. Our Political Advocacy Committee held regular meetings with US politicians to raise awareness, educate about Ukraine, and provide feedback from the Ukrainian community. All the expenses for this program are related to space and equipment rent for events.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $102,859 | $271,094 | -0.6% |
| Expenses | $252,831 | $264,808 | 0.0% |
| Net Income | $-149,972 | $6,286 | -24.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Solomea Khtey | Board Member | 6 |
Director
|
$0 | $1,100 | $1,100 |
| Liliya Kovalenko | President | 4 |
Officer
Director
|
$0 | $0 | $0 |
| Oleksandr Senyuk | Treasurer | 4 |
Officer
Director
|
$0 | $0 | $0 |
| Kateryna Seniuk | Secretary | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Iryna Novachuk | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Natasha Kocharov | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Vladyslav Bobrovnyk | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Oksana Pierce | Board Member | 0.5 |
Director
|
$0 | $0 | $0 |
| Tetiana Matsiuk | Board Member | 0.5 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $102,859 | $252,831 | $343,808 | $-149,972 |
| 2024 | $271,094 | $264,808 | $514,606 | $6,286 |
| 2024 | No data | No data | No data | No data |
| 2023 | $2,053,436 | $1,888,620 | $508,320 | $164,816 |
| 2022 | $842,545 | $624,108 | $343,489 | $218,437 |
Compare UKRAINIAN ASSOCIATION OF WASHINGTON STATE with other nonprofits in Washington and across the country.