UKRAINE TRUSTCHAIN

EIN: 881192170 501(c)(3) International Affairs

EVANSTON, IL

Total Revenue
$3,569,306
Total Expenses
$4,423,619
Total Assets
$1,896,259
Net Assets
$1,863,118
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
IL
Principal Officer
DANIIL CHERKASSKIY
Phone
3128332076
Tax Period
2024-01-01 to 2024-12-31

UKRAINE TRUSTCHAIN, founded in 2022, is a community nonprofit in the International Affairs sector that reported $4.0M in total revenue in fiscal year 2022. The organization ran a surplus of $1.4M, a strong 35% operating margin.

Mission

THE PRIMARY MISSION OF UKRAINE TRUSTCHAIN ("UTC") IS TO PROVIDE GRANTS TO CITIZEN VOLUNTEERS AND VOLUNTEER ORGANIZATIONS THAT ARE CURRENTLY PROVIDING HUMANITARIAN AID AND DISASTER RELIEF TO UKRAINIAN CIVILIANS IN UKRAINE THAT ARE AFFECTED BY THE WAR WITHIN THEIR COUNTRY. UTC'S GRANTS WILL BE USED (I) TO PURCHASE FOOD AND HUMANITARIAN SUPPLIES, AND TO DISTRIBUTE THESE ITEMS TO INDIVIDUALS IMPACTED BY THE CONFLICT IN UKRAINE, (II) TO PROVIDE SHELTER FOR INDIVIDUALS WHOSE RESIDENCES HAVE BEEN DESTROYED OR ARE LOCATED IN CONFLICT ZONES, AND (III) TO FUND AND ARRANGE FOR TRANSPORTATION OUT OF WAR ZONES WITHIN UKRAINE FOR CIVILIANS AND NON-COMBATANT INDIVIDUALS IMPACTED BY THE CONFLICT IN UKRAINE

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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 $3,516,267
Program Service Revenue $0
Investment Income $53,039
Other Revenue $0
TOTAL REVENUE $3,569,306

Expense Breakdown

Grants Paid $4,398,988
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,399,528
Other Expenses $24,631
TOTAL EXPENSES $4,423,619

Year-over-Year Comparison

2024 2023 Change
Revenue $3,569,306 $6,416,645 -0.4%
Expenses $4,423,619 $5,129,765 -0.1%
Net Income $-854,313 $1,286,880 -1.7%
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
8
Independent Members
8
Employees
N/A
Volunteers
20

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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIIL CHERKASSKIY PRESIDENT 20.00
Officer Director
$0 $0 $0
LILIA KOGAN SECRETARY 20.00
Officer Director
$0 $0 $0
SERGEY SHAFRAN TREASURER 5.00
Officer Director
$0 $0 $0
GENE LITVIN DIRECTOR 10.00
Director
$0 $0 $0
ILYA KNIZHNIK DIRECTOR 10.00
Director
$0 $0 $0
MARIA MARCHENKO DIRECTOR 10.00
Director
$0 $0 $0
OLGA SHAFRAN DIRECTOR 10.00
Director
$0 $0 $0
LEONID TEVEROVSKY DIRECTOR 10.00
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 $3,569,306 $4,423,619 $1,896,259 $-854,313
2023 $6,416,645 $5,129,765 $2,717,431 $1,286,880
2022 $3,873,045 $2,442,494 $1,430,551 $1,430,551
2022 $4,048,598 $2,618,046 $1,430,552 $1,430,552
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