JOOKENDER COMMUNITY INITIATIVES INC

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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

2017

Legal Domicile

Principal Officer

Irina Kovaleva

Phone

5089045266

Tax Period

2024-07-01 to 2025-06-30

JOOKENDER COMMUNITY INITIATIVES INC, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $204K in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring.

Mission

To provide services and support to underserved communities of Greater Boston area and New England

Program Service Accomplishments

Program 1

Expenses: $174,458 Revenue: $204,181

To provide services and other support to underserved communities of Greater Boston area and New England

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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 $159,560

Program Service Revenue $44,622

Investment Income $0

Other Revenue $0

TOTAL REVENUE $204,182

Expense Breakdown

Grants Paid $15,750

Salaries & Benefits $60,900

Fundraising Expenses $6,504

Program Expenses $174,458

Other Expenses $132,701

TOTAL EXPENSES $209,351

Year-over-Year Comparison

	2024	2023	Change
Revenue	$204,182	$289,031	-0.3%
Expenses	$209,351	$267,254	-0.2%
Net Income	$-5,169	$21,777	-1.2%

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

N/A

Volunteers

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

$60,900

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Borislava Sardak	President	2.00	Officer	$4,500	$0	$4,500
Alexandra Grebenyuk	CEO & Program Director	42.00	Officer	$44,400	$0	$44,400
Irina Kovaleva	Treasurer	2.00	Officer	$12,000	$0	$12,000

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
2025	$204,182	$209,351	$68,824	$-5,169
2024	$289,031	$267,254	$78,971	$21,777
2019	$212,946	$204,588	$28,970	$8,358