INDEPENDENT UKRAINIAN FUND

EIN: 881304107 501(c)(3) International Affairs

Chicago, IL

Total Revenue
$49,612
Total Expenses
$47,973
Total Assets
$1,809
Net Assets
$1,809
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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
2022
Legal Domicile
DE
Principal Officer
Igor Fedulov
Phone
3129715800
Tax Period
2024-01-01 to 2024-12-31

INDEPENDENT UKRAINIAN FUND, founded in 2022, is a micro nonprofit in the International Affairs sector that reported $50K in total revenue in fiscal year 2024. Revenue surged 61% from the prior year, signaling strong growth momentum. Expenses of $48K left a modest 3% surplus.

Mission

THE PURPOSE OF THE CORPORATION IS TO PARTICIPATE IN ANY LAWFUL ACT OR ACTIVITY FOR WHICH CORPORATION MAY BE ORGANIZED UNDER THE GENERAL CORPORATION LAW OF DELAWARE SAID CORPORATION IS ORGANIZES EXCLUSIVELY FOR CHARITABLE PURPOSES CHARITABLE MISSION TO FUND PROJECTS DIRECTED TO HELP THE UKRAINIAN PEOPLE TO DEFEND, REBUILD, DEVELOP AND PROSPER

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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 $49,612
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $49,612

Expense Breakdown

Grants Paid $45,542
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $45,542
Other Expenses $2,431
TOTAL EXPENSES $47,973

Year-over-Year Comparison

2024 2023 Change
Revenue $49,612 $30,751 +0.6%
Expenses $47,973 $31,267 +0.5%
Net Income $1,639 $-516 -4.2%
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

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Governance

Voting Members
2
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
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
IGOR FEDULOV PRESIDENT 3
Officer Director
$0 $0 $0
VADYM CHERNEGA TREASURER 3
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
2024 $49,612 $47,973 $1,809 $1,639
2023 $30,751 $31,267 $170 $-516
2022 $53,971 $53,285 $686 $686
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