New Heights Missions and Charities Inc

EIN: 830823084 501(c)(3) Religion

Nicholasville, KY

Total Revenue
$915,217
Total Expenses
$859,891
Total Assets
$68,122
Net Assets
$-22,828
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
KY
Principal Officer
Volodmyr Silkovskyy
Phone
2316206661
Tax Period
2024-10-01 to 2025-09-30

New Heights Missions and Charities Inc, founded in 2018, is a small nonprofit in the Religion sector that reported $915K in total revenue in fiscal year 2024. Revenue surged 64% from the prior year, signaling strong growth momentum. Expenses of $860K left a modest 6% surplus.

Mission

Support all kinds of missionary activities in Ukraine. Organize events such as kids camps and Christmas tours as well as charity programs to help children in Ukraine. Train issionaries for charity work through missionary schools, seminars and conferences.

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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 $915,217
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $915,217

Expense Breakdown

Grants Paid $841,685
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $841,685
Other Expenses $18,206
TOTAL EXPENSES $859,891

Year-over-Year Comparison

2024 2023 Change
Revenue $915,217 $559,371 +0.6%
Expenses $859,891 $594,725 +0.4%
Net Income $55,326 $-35,354 -2.6%
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
4
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Volodmyr Silkovskyy President 10.00
Officer Director
$0 $0 $0
Yaroslav Shostak Director 1.00
Director
$0 $0 $0
Paul Melnik Director 1.00
Director
$0 $0 $0
Anna Shuravel Secretary 1.00
Officer 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
2025 $915,217 $859,891 $68,122 $55,326
2024 $559,371 $594,725 $47,640 $-35,354
2023 $641,149 $614,331 $106,459 $26,818
2022 $509,017 $579,815 $80,382 $-70,798
2021 $323,659 $329,796 $1,180 $-6,137
2020 $323,067 $323,026 $7,319 $41
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