NOVA UKRAINE (EIN 465335435) - Form 990 Financial Analysis & Trantor Score

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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

2014

Legal Domicile

Principal Officer

IRYNA BILOKIN

Phone

4086734292

Tax Period

2024-01-01 to 2024-12-31

NOVA UKRAINE, founded in 2014, is a mid-sized nonprofit in the International Affairs sector that reported $41.2M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.8M, a strong 24% operating margin.

Mission

PROVIDE HUMANITARIAN AID TO THE PEOPLE OF UKRAINE AND RAISING AWARENESS ABOUT UKRAINE IN THE US AND THROUGHOUT THE WORLD

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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 (2024)

Revenue Breakdown

Contributions & Grants $40,590,216

Program Service Revenue $0

Investment Income $586,987

Other Revenue $3,201

TOTAL REVENUE $41,180,404

Expense Breakdown

Grants Paid $17,723,373

Salaries & Benefits $518,575

Fundraising Expenses $812,357

Program Expenses $29,371,645

Other Expenses $13,155,855

TOTAL EXPENSES $31,397,803

Year-over-Year Comparison

	2024	2023	Change
Revenue	$41,180,404	$31,397,728	+0.3%
Expenses	$31,397,803	$33,887,513	-0.1%
Net Income	$9,782,601	$-2,489,785	-4.9%

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

Volunteers

125

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

$187,097

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATERYNA KOVALENKO	GENERAL MANAGER	40.00	Highest	$120,000	$5,939	$125,939
MICHAEL SIMBIRSKY	TREASURER	10.00	Officer Director	$0	$0	$0
OSTAP KORKUNA UNTIL 0724	CO-CHAIRMAN	10.00	Officer Director	$0	$0	$0
IRYNA BILOKIN	SECRETARY	10.00	Officer Director	$0	$0	$0
MIKOLA BILOGORSKIY	CO-CHAIRMAN	10.00	Officer Director	$0	$0	$0
JEFF KRAMER	CDO	40.00	Officer	$176,250	$10,847	$187,097
IGOR LEONIDOVICH MARKOV	DIRECTOR	10.00	Director	$0	$0	$0
RODION YARYY	DIRECTOR	10.00	Director	$0	$0	$0
SERGII KISHCHENKO	DIRECTOR	10.00	Director	$0	$0	$0
LARISA NADUKHOVSKAYA	DIRECTOR	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
2024	$41,180,404	$31,397,803	$27,804,425	$9,782,601
2023	$31,397,728	$33,887,513	$16,826,932	$-2,489,785
2022	$75,207,108	$56,570,183	$19,008,324	$18,636,925
2022	$75,207,108	$56,570,183	$19,008,324	$18,636,925
2021	$365,627	$293,738	$151,012	$71,889
2020	$363,158	$338,875	$79,884	$24,283

NOVA UKRAINE