HODOS INSTITUTE

EIN: 463770834 501(c)(3) Education

Mukilteo, WA

Total Revenue
$219,466
Total Expenses
$226,218
Total Assets
$186,588
Net Assets
$180,916
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
WA
Principal Officer
Alexander Negrov
Phone
6305805750
Tax Period
2023-01-01 to 2023-12-31

HODOS INSTITUTE, founded in 2013, is a small nonprofit in the Education sector that reported $219K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring.

Mission

We are the organization of applied cross-cultural leadership research and training. Hodos Institute partners with organizations and individuals to develop spiritual, ethical and effective leadership through its research, publications, training, and consulting. Our organization partners with those who are committed to connecting ethical values with best practices in personal and organizational leadership across all sectors of society. Our aim is to engage minds, touch hearts, feed souls and equip effective leadership and followership.

Program Service Accomplishments

Program 1
Expenses: $169,663 Revenue: $322

In 2023, the Hodos Institute in the USA and Ukraine was involved in a broad range of activities. Our primary focus centered on applied leadership research, with a special emphasis on cross-cultural...

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In 2023, the Hodos Institute in the USA and Ukraine was involved in a broad range of activities. Our primary focus centered on applied leadership research, with a special emphasis on cross-cultural leadership dynamics. We also provided non-formal training programs designed to enhance team building and promote shared leadership practices. We published two books on leadership and talent management in Ukraine and, by the end of 2023, were developing the Hodos Youth Academy-a leadership training program for Ukrainian youth impacted by the war. Throughout the year, we conducted around 50 research interviews for our project "Spiritual Leadership in Times of War and Peace: Lessons from the Russian-Ukrainian War." This project aims to explore the nuances of spiritual leadership during war and peace and to identify strategies for post-war societal reconstruction, rehabilitation, and leadership development, with a particular focus on spirituality and spiritual leadership. We organized approximately 25 workshops, both offline and online, specifically tailored for churches, Christian organizations, and individual Christians dedicated to shaping a new generation of leaders in both the USA and Ukraine. These workshops offered insights into leadership development and talent management, attracting over 700 participants. We also organized the conference that was attended by about 200 representatives of 60 Ukrainian non-profit organizations. The Hodos Institute played a pivotal role in the humanitarian response to the Russian-Ukrainian war in 2023. We were actively involved in evacuating people and supporting internally displaced persons (IDPs). In collaboration with Ukrainian social workers, churches, and non-profit organizations, we facilitated the purchase and distribution of essential supplies, including food, clothing, medication, and shelter. We also made several trips to Ukraine to provide mental health coaching and spiritual support, demonstrating our unwavering commitment to our mission.

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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 (2023)

Revenue Breakdown

Contributions & Grants $218,162
Program Service Revenue $0
Investment Income $942
Other Revenue $362
TOTAL REVENUE $219,466

Expense Breakdown

Grants Paid $0
Salaries & Benefits $115,210
Fundraising Expenses $22,621
Program Expenses $169,663
Other Expenses $111,008
TOTAL EXPENSES $226,218

Year-over-Year Comparison

2023 2022 Change
Revenue $219,466 $287,921 -0.2%
Expenses $226,218 $233,680 0.0%
Net Income $-6,752 $54,241 -1.1%
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
11
Independent Members
11
Employees
2
Volunteers
10

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
5
$96,500
Total Directors
11
$96,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Alexander Negrov President, Board member 40
Officer Director
$96,500 $0 $96,500
Mr Allyn Beekman Chair 1
Officer Director
$0 $0 $0
Dr Rich Gathro Vice-Chairman 1
Officer Director
$0 $0 $0
Dr Timothy Watson Board member 1
Director
$0 $0 $0
Mike Anderson Treasurer 1
Officer Director
$0 $0 $0
Mrs Julie Peterson Secretary 1
Officer Director
$0 $0 $0
Dr Dick Daniels Board member 1
Director
$0 $0 $0
Kenneth Jacobs Board member 1
Director
$0 $0 $0
Dr Anna Krull Board member 1
Director
$0 $0 $0
Dr Patrick Mays Board member 1
Director
$0 $0 $0
Viktor Prozapas Board member 1
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
2023 $219,466 $226,218 $186,588 $-6,752
2022 $287,921 $233,680 $193,238 $54,241
2021 $220,670 $139,545 $133,118 $81,125
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