NOVA UKRAINE

EIN: 465335435 501(c)(3) International Affairs

PALO ALTO, CA

Total Revenue
$41,180,404
Total Expenses
$31,397,803
Total Assets
$27,804,425
Net Assets
$27,272,371
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CA
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

AT NOVA UKRAINE, WE ARE DEDICATED TO SUPPORTING UKRAINE AND ITS PEOPLE IN BUILDING A STRONG, FLOURISHING NATION WITH AN EMPOWERED CIVIL SOCIETY. TO FOSTER RESILIENCE, HOPE, AND SELF-SUFFICIENCY, WE PROVIDE ESSENTIAL AID TO VULNERABLE POPULATIONS, INCLUDING CHILDREN, REFUGEES AND INTERNALLY DISPLACED PERSONS, AS WELL AS WOUNDED DEFENDERS UNDERGOING TREATMENT. WE PARTNER WITH LOCAL VOLUNTEER GROUPS, HOSPITALS, STATE SERVICES AND LOCAL AUTHORITIES TO PROVIDE THE PEOPLE OF UKRAINE WITH RESOURCES FOR CULTURAL GROWTH AND SOCIAL MOBILITY, AS WELL AS AN ENVIRONMENT TO THRIVE IN THE FUTURE.

Program Service Accomplishments

Program 1
Expenses: $11,052,004 Revenue: $0

MEDICAL EQUIPMENT PROJECTS ARE FOCUSED ON PROVIDING MEDICAL EQUIPMENT TO SUPPORT UKRAINIAN HEALTHCARE FACILITIES AFFECTED BY THE WAR AND ENSURE PATIENTS HAVE ACCESS TO QUALITY MEDICAL CARE. THIS...

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MEDICAL EQUIPMENT PROJECTS ARE FOCUSED ON PROVIDING MEDICAL EQUIPMENT TO SUPPORT UKRAINIAN HEALTHCARE FACILITIES AFFECTED BY THE WAR AND ENSURE PATIENTS HAVE ACCESS TO QUALITY MEDICAL CARE. THIS INITIATIVE INCLUDES: EQUIPMENT DELIVERY: COORDINATING THE LOGISTICS TO DELIVER SPECIALIZED EQUIPMENT (SUCH AS VENTILATORS, DEFIBRILLATORS, DIAGNOSTIC TOOLS, AND REHABILITATION DEVICES) TO HEALTHCARE FACILITIES IN REGIONS MOST IMPACTED BY THE WAR, TRAINING FOR MEDICAL PERSONNEL: CONDUCTING TRAINING SESSIONS FOR HEALTHCARE WORKERS ON HOW TO EFFECTIVELY USE THE NEW EQUIPMENT, ENHANCING THEIR ABILITY TO PROVIDE CRITICAL CARE. IN THE CONTEXT OF WAR IN UKRAINE, WHERE MANY HEALTHCARE FACILITIES HAVE BEEN DAMAGED OR DESTROYED, THIS PROJECT IS CRUCIAL. THE SUPPLY OF ESSENTIAL MEDICAL EQUIPMENT WILL NOT ONLY RESTORE HEALTHCARE SERVICES BUT ALSO SAVE LIVES, SUPPORTING BOTH IMMEDIATE AND LONG-TERM HEALTHCARE NEEDS. THE PROJECT ADDRESSES GAPS IN EMERGENCY AND ROUTINE CARE, OFFERING HOPE AND RESILIENCE TO COMMUNITIES FACING SIGNIFICANT CHALLENGES IN ACCESSING QUALITY HEALTHCARE.

Program 2
Expenses: $3,319,385

OUR DISASTER RELIEF EFFORTS PROGRAM IS DEDICATED TO PROVIDING IMMEDIATE AND EFFECTIVE ASSISTANCE TO COMMUNITIES IMPACTED BY THE ONGOING CONFLICT IN UKRAINE. COLLABORATING CLOSELY WITH TRUSTED LOCAL...

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OUR DISASTER RELIEF EFFORTS PROGRAM IS DEDICATED TO PROVIDING IMMEDIATE AND EFFECTIVE ASSISTANCE TO COMMUNITIES IMPACTED BY THE ONGOING CONFLICT IN UKRAINE. COLLABORATING CLOSELY WITH TRUSTED LOCAL PARTNERS AND VOLUNTEERS, WE ADDRESS CRITICAL NEEDS ARISING FROM SHELLING, DISPLACEMENT, AND INFRASTRUCTURE DAMAGE TO RESTORE SAFETY AND NORMALCY TO AFFECTED REGIONS. THROUGH OUR FOCUS ON BUILDING RESILIENT COMMUNITIES, WE AIM NOT ONLY TO RESPOND TO IMMEDIATE CRISES BUT ALSO TO STRENGTHEN THE CAPACITY OF COMMUNITIES TO WITHSTAND AND RECOVER FROM FUTURE CHALLENGES. AMONG OTHER FIELDS OF OUR INVOLVEMENT: EMERGENCY SHELTER AND HOME REPAIRS (RAPID HOUSING RESTORATION, INSTALLATION OF MOBILE SHELTERS), RECONSTRUCTION OF BOMB SHELTERS IN SCHOOLS AND HOSPITALS, SOLAR PANELS AND RENEWABLE ENERGY INITIATIVES, MEDICAL EVACUATION AND TRANSPORTATION SUPPORT (PROVISION OF MEDICAL EVACUATION VEHICLES, VEHICLE MAINTENANCE AND SUPPLIES), WINTERIZATION AND HEATING SOLUTIONS, WATER SUPPLY AND PURIFICATION, MINE CLEARANCE SUPPORT.

Program 3
Expenses: $2,090,678

THE "NOVA UKRAINE" FOUNDATION HAS OPENED 50 EXTRACURRICULAR LEARNING CENTERS IN UKRAINE, WHICH PROVIDE CHILDREN WITH OPPORTUNITIES TO ENGAGE IN VARIOUS EDUCATIONAL PROGRAMS, LEISURE ACTIVITIES, AND...

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THE "NOVA UKRAINE" FOUNDATION HAS OPENED 50 EXTRACURRICULAR LEARNING CENTERS IN UKRAINE, WHICH PROVIDE CHILDREN WITH OPPORTUNITIES TO ENGAGE IN VARIOUS EDUCATIONAL PROGRAMS, LEISURE ACTIVITIES, AND PEER SOCIALIZATION. WE ALSO SUPPORT EXISTING ORGANIZATIONS WHO PROVIDE EXTRACURRICULAR EDUCATION. THE LEARNING CENTERS WILL BE FREE, AND OPEN TO VISITORS THROUGH FEBRUARY 2025. EACH CENTER WILL BE FULLY EQUIPPED WITH CHILD-FRIENDLY FURNITURE, DEVELOPMENTAL TOYS AND GAMES, STATIONERY SUPPLIES, AS WELL AS EQUIPMENT TO FACILITATE ONLINE LEARNING SUCH AS COMPUTERS, MONITORS, OR TVS. THE CENTERS ARE STAFFED WITH DEDICATED ADMINISTRATORS AND INSTRUCTORS, WHO CONDUCT REGULAR CLASSES, EDUCATIONAL AND ENTERTAINMENT EVENTS, WORKSHOPS, AND GAMES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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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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Governance

Voting Members
7
Independent Members
7
Employees
5
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
5
$187,097
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
1
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
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