RUSSIAN SCHOOL OF AUSTIN

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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

2013

Legal Domicile

Principal Officer

Maria Bondarenko

Phone

5125843892

Tax Period

2023-01-01 to 2023-12-31

RUSSIAN SCHOOL OF AUSTIN, founded in 2013, is a micro nonprofit in the Education sector that reported $91K in total revenue in fiscal year 2023.

Mission

The mission of Russian School of Austin is to provide our community with a place to learn Russian Language, culture and traditions

Program Service Accomplishments

Program 1

Expenses: $89,882 Revenue: $90,867

Russian School of Austin offers a wide range of classes in the Russian language for children aged pre-kindergarten to 9th grade. Classes include Russian Language, mathematics, science, music...

Russian School of Austin offers a wide range of classes in the Russian language for children aged pre-kindergarten to 9th grade. Classes include Russian Language, mathematics, science, music, literature, theater, chess, sculpture, painting, drawing, gymnastics, ballet, dance, fitness, computer science, and art. Also, the program offers Russian Language and speaking classes for teens and adults. The School operates on Sundays from 1 pm to 6 pm. The School organizes holiday celebrations for children and various outside activities like camping trips and children's performances.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $91

Program Service Revenue $90,776

Investment Income $0

Other Revenue $0

TOTAL REVENUE $90,867

Expense Breakdown

Grants Paid $0

Salaries & Benefits $67,639

Fundraising Expenses $0

Program Expenses $89,882

Other Expenses $22,243

TOTAL EXPENSES $89,882

Year-over-Year Comparison

	2023	2022	Change
Revenue	$90,867	$88,964	+0.0%
Expenses	$89,882	$91,204	0.0%
Net Income	$985	$-2,240	-1.4%

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

Governance

Voting Members

Independent Members

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

$4,609

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Maria Bondarenko	President	15	Officer	$1,804	$0	$1,804
Veronica Grebennikova	Marketing and Web Support	4	Officer	$1,605	$0	$1,605
Gohar Paloyan	Treasury	2.00	Officer	$1,000	$0	$1,000
Julija Zommere	Vise President	8	Officer	$0	$200	$200
Anton Rebguns	Director	1		$0	$0	$0
Jenny Murkes	Director	1		$0	$0	$0
Katerina Turikova Kempel	Director	3		$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	$90,867	$89,882	$4,197	$985
2022	$88,964	$91,204	$3,212	$-2,240
2021	$70,037	$72,556	$5,452	$-2,519
2020	$83,866	$78,793	$7,971	$5,073
2019	$122,055	$127,772	$2,898	$-5,717