EVOLVE FOUNDATION INTERNATIONAL

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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

2021

Legal Domicile

Principal Officer

OLEG GORELIK

Phone

4159115154

Tax Period

2023-01-01 to 2023-12-31

EVOLVE FOUNDATION INTERNATIONAL, founded in 2021, is a micro nonprofit in the Human Services sector that reported $390K in total revenue in fiscal year 2023. Revenue fell 104% from the prior year — a significant decline worth monitoring.

Mission

TO PROMOTE AND CONTRIBUTE TO EVOLVING HUMAN CONSCIOUSNESS AND AWAKENING OF TRUE NATURE IN HUMAN FORM.

Program Service Accomplishments

Program 1

FRIENDSHIP BENCH SEEKS TO MAKE EVIDENCE-BASED CARE FOR COMMON MENTAL DISORDERS SUCH AS ANXIETY, DEPRESSION, AND PTSD WIDELY ACCESSIBLE TO ALL THOSE WHO NEED IT, THROUGHOUT COMMUNITIES IN ZIMBABWE AND...

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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 (2023)

Revenue Breakdown

Contributions & Grants $100,000

Program Service Revenue $0

Investment Income $-489,965

Other Revenue $0

TOTAL REVENUE $-389,965

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $107

Other Expenses $112,619

TOTAL EXPENSES $112,619

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-389,965	$9,420,000	-1.0%
Expenses	$112,619	$203,465	-0.4%
Net Income	$-502,584	$9,216,535	-1.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BO SHAO	CHAIRMAN	5.00	Officer Director	$0	$0	$0
OLEG GORELIK	TREASURER//VICE CHAIR/ SEC	5.00	Officer Director	$0	$0	$0
JENNY PAO	DIRECTOR	5.00	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
2024	No data	No data	No data	No data
2023	$-389,965	$112,619	$13,939,042	$-502,584
2022	$9,420,000	$203,465	$13,250,968	$9,216,535
2021	$6,320,000	$383,505	$6,385,103	$5,936,495