ARIZONA RUSSIAN CENTER

EIN: 800707665 501(c)(3) Youth Development

Phoenix, AZ

Total Revenue
$32,958
Total Expenses
$32,958
Total Assets
N/A
Net Assets
N/A
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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
AZ
Principal Officer
Guene Loshkarev
Phone
6026840294
Tax Period
2023-01-01 to 2023-12-31

ARIZONA RUSSIAN CENTER, founded in 2001, is a micro nonprofit in the Youth Development sector that reported $33K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

Our Mission is: To foster the betterment of common understanding and appreciation of Russian art, culture, history and to better assist with an improved integration into local main-stream life and services for Russian speaking population primarily in Arizona.

Program Service Accomplishments

Program 1
Expenses: $13,951 Revenue: $0

Our direction and primary purpose in this program is: to provide Assistance with Benefits, Workshops and Lectures, to and for the benefit of Arizona Citizens, who are interested in learning about...

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Our direction and primary purpose in this program is: to provide Assistance with Benefits, Workshops and Lectures, to and for the benefit of Arizona Citizens, who are interested in learning about, and participation in events that celebrate cultural and historical diversity of Russian heritage and culture, as well as to assist persons who have a language barrier from Russian into English, with functional integration into our American society here in Arizona, and involve adolescent youths in traditional activities, that prevent delinquency in our population. Our organization is established to be better able to provide support services needed to such Citizens, and to be able to offer them help and safe alternatives to their current circumstances, as well as to be able to coordinate assistance to them, from other organizations and agencies that provide different support services to qualified individuals, that request such help. More than 50% of the recipients of our services are individuals whose household income is at, or below the 150% of the Federal Poverty Level Guidelines, and who reside in the State of Arizona. Arizona Russian Center does not discriminate on the basis of: race, creed, color, religion, age, gender or national origin, of any individual, as a basis for their qualifications for assistance. The need, and type of assistance, and the availability of resources to be able to provide the same, are determined by: Arizona Russian Center.

Program 2
Expenses: $5,992 Revenue: $0

Our primary direction and purpose in this program service accomplishments is to provide Culturally Relevant Events, Program Development and Integration Plans to be better able to help interested...

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Our primary direction and purpose in this program service accomplishments is to provide Culturally Relevant Events, Program Development and Integration Plans to be better able to help interested Arizona Citizens to learn more about Russian Culture, Heritage, and History, as well as to assist those who have a Language barrier from Russian to English, and from English to Russian, as may be needed. In the past year, several separate publications and information packets have been developed and distributed, as well as numerous individual clients that had their specific issues resolved, or that have received assistance in obtaining an answer or a relevant response from a third party, for the benefit of the client. All services to qualified clients in need, are provided free of charge to the client. A very diverse range of questions from clients are regularly answered, and a broad range of issues are dealt with, that help clients chose better youth activities, schools, and other services that prevent delinquency in the diverse culture populations, that are trying to properly assimilate locally in Arizona. The above examples are illustrative of types of services are listed intended only to show the breadth of the range of services provided, but is in no way intended to be limited to the foregoing.

Program 3
Expenses: $3,974 Revenue: $0

To best explain the nature of achievements that are not measurable in a conventional way are as follows: During the past year there have been several changes in the effectiveness of this...

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To best explain the nature of achievements that are not measurable in a conventional way are as follows: During the past year there have been several changes in the effectiveness of this organization, Covid-19 related, and the local lock downs of public venues and events, with all of the complexities and concerns that accompany such an unforeseen situation. This was done out of consideration for the availability of personnel, resources, series availability, a large and ever growing Russian Speaking Population, that is in need of our services and programs, as well as a large and more active support base. During this same time period, we are working to improve and enlarge an already existing presence on the websites, on several forms of social media accounts, and to collect and organize vintage literature of cultural relevance to our clients and purposes. These same resources are made available for our client's use as needed, and as applicable, to be able to research and to deliver relevant and accurate information as required.

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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 $32,958
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $32,958

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $340
Program Expenses $31,459
Other Expenses $32,958
TOTAL EXPENSES $32,958

Year-over-Year Comparison

2023 2022 Change
Revenue $32,958 $30,015 +0.1%
Expenses $32,958 $30,015 +0.1%
Net Income $0 $0 N/A
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
3
Independent Members
N/A
Employees
N/A
Volunteers
23

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
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Terri Tchernoivanov Director 10
Officer Director
$0 $0 $0
Olga Chaikheeva Gen. Mgr. Director 15
Officer Director
$0 $0 $0
Guene Loshkarev Treasurer 10
Officer
$0 $0 $0
Anna Simberg Secretary 6
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
2024 No data No data No data No data
2023 $32,958 $32,958 No data No data
2022 $30,015 $30,015 No data No data
2021 $30,142 $30,142 No data No data
2020 $30,837 $30,837 No data No data
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