UKRAINE GLOBAL SCHOLARS FOUNDATION

EIN: 810847939 501(c)(3) Education

Boston, MA

Total Revenue
$454,091
Total Expenses
$441,379
Total Assets
$306,696
Net Assets
$306,696
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
DE
Principal Officer
YULIIA LEMESH
Phone
6172301213
Tax Period
2024-01-01 to 2024-12-31

UKRAINE GLOBAL SCHOLARS FOUNDATION, founded in 2015, is a small nonprofit in the Education sector that reported $454K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

UGS assists bright Ukrainian high school students from modest backgrounds in getting a world-class education abroad, in exchange for their commitment to returning to Ukraine and working there for at least five years. UGS aims to develop a new generation of Ukrainian leaders capable of creating a victorious and prosperous future in Ukraine today. Through mentorship, education, career guidance, and empowerment for Ukrainian youth, UGS seeks to scale its impact and generate a powerful ripple effect.

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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 (2024)

Revenue Breakdown

Contributions & Grants $453,941
Program Service Revenue $0
Investment Income $150
Other Revenue $0
TOTAL REVENUE $454,091

Expense Breakdown

Grants Paid $0
Salaries & Benefits $127,373
Fundraising Expenses $53,345
Program Expenses $350,377
Other Expenses $314,006
TOTAL EXPENSES $441,379

Year-over-Year Comparison

2024 2023 Change
Revenue $454,091 $415,169 +0.1%
Expenses $441,379 $349,459 +0.3%
Net Income $12,712 $65,710 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
4
Employees
2
Volunteers
200

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
$68,269
Total Directors
4
$0
Key Employees
3
$68,269
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Yuliia Lemesh Officer President 40
Officer Key Emp
$68,269 $0 $68,269
Yuliya Sychikova Chair, Board Member 2
Director
$0 $0 $0
Pavlo Kononenko Board Member 1
Director
$0 $0 $0
Mykhaylo Lemesh Board Member 2
Director
$0 $0 $0
Marianna Elizabeth Tretiak Board Member 2
Director
$0 $0 $0
Yuliia Lemesh Board Member 1
Officer Key Emp
$0 $0 $0
Yullia Lemesh Officer Secretary 3
Officer Key Emp
$0 $0 $0
Paul Wojcik Officer Treasurer 3
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 $454,091 $441,379 $306,696 $12,712
2023 $415,169 $349,459 $293,984 $65,710
2022 $296,453 $181,690 $228,274 $114,763
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