PODARI LIFE INC

EIN: 474165470 501(c)(3) Diseases & Disorders

Stoneham, MA

Total Revenue
$758,333
Total Expenses
$545,105
Total Assets
$2,541,825
Net Assets
$2,535,629
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
MA
Principal Officer
Olga Lelia Shergova
Phone
7819524579
Tax Period
2023-01-01 to 2023-12-31

PODARI LIFE INC, founded in 2015, is a small nonprofit in the Diseases & Disorders sector that reported $758K in total revenue in fiscal year 2023. Revenue surged 98% from the prior year, signaling strong growth momentum. The organization ran a surplus of $213K, a strong 28% operating margin.

Mission

Podari.Life makes everything possible to equalize treatment conditions for childhood cancer in Russia and other former Soviet Republics with those in advanced economies through education, information assistance, direct help and broad dialogue.

Program Service Accomplishments

Program 1
Expenses: $200,986 Revenue: $200,000

Treatment and Rehab: bone marrow donor search, surgery and treatment, prothesis replacement

Program 2
Expenses: $57,424 Revenue: $50,000

Helping doctors: Medical database subscriptions for Russian hospitals. Books, guides and manuals for Russian doctors. International conferences (including participations of the American and European...

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Helping doctors: Medical database subscriptions for Russian hospitals. Books, guides and manuals for Russian doctors. International conferences (including participations of the American and European doctors in workshops in Russia) and Cancer awareness outreach

Program 3
Expenses: $258,262 Revenue: $200,000

Unregistered medications to help kids to fight cancer

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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 $757,338
Program Service Revenue $0
Investment Income $0
Other Revenue $995
TOTAL REVENUE $758,333

Expense Breakdown

Grants Paid $516,672
Salaries & Benefits $0
Fundraising Expenses $13,144
Program Expenses $516,672
Other Expenses $28,433
TOTAL EXPENSES $545,105

Year-over-Year Comparison

2023 2022 Change
Revenue $758,333 $382,297 +1.0%
Expenses $545,105 $491,355 +0.1%
Net Income $213,228 $-109,058 -3.0%
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Olga Lelia Shergova Director/Clerk 20
Officer
$0 $0 $0
Boris Shmatkov President 2
Officer
$0 $0 $0
Igor Katsemba Treasurer 2
Officer
$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 $662,335 $545,105 $2,541,824 $117,230
2023 $758,333 $545,105 $2,541,825 $213,228
2022 $382,297 $491,355 $2,420,977 $-109,058
2021 $1,472,960 $196,384 $3,896,587 $1,276,576
2020 $1,963,795 $293,156 $2,620,840 $1,670,639
2019 $668,316 $271,278 $952,483 $397,038
2018 $112,192 $799,063 $549,539 $-686,871
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