UKRAINE DEFENSE FUND INC

EIN: 881334436 501(c)(3) International Affairs

CLEVELAND, OH

Total Revenue
$8,027,762
Total Expenses
$7,522,188
Total Assets
$1,279,498
Net Assets
$1,247,477
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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
OH
Principal Officer
ANDREY LISCOVICH
Phone
2153693400
Tax Period
2023-01-01 to 2023-12-31

UKRAINE DEFENSE FUND INC, founded in 2022, is a community nonprofit in the International Affairs sector that reported $8.0M in total revenue in fiscal year 2023. Revenue surged 250% from the prior year, signaling strong growth momentum. Expenses of $7.5M left a modest 6% surplus.

Mission

TO PROVIDE HUMANITARIAN AID TO THE CITIZENS AND SOLDIERS OF 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 (2023)

Revenue Breakdown

Contributions & Grants $7,934,964
Program Service Revenue $0
Investment Income $92,798
Other Revenue $0
TOTAL REVENUE $8,027,762

Expense Breakdown

Grants Paid $7,166,026
Salaries & Benefits $162,235
Fundraising Expenses $0
Program Expenses $7,507,506
Other Expenses $178,302
TOTAL EXPENSES $7,522,188

Year-over-Year Comparison

2023 2022 Change
Revenue $8,027,762 $2,293,200 +2.5%
Expenses $7,522,188 $1,551,297 +3.8%
Net Income $505,574 $741,903 -0.3%
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
3
Independent Members
1
Employees
1
Volunteers
8

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
$248,779
Total Directors
3
$248,779
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YULIA SHUVKASHVILI MEMBER 5.00
Director
$0 $0 $0
CHRISTIAN NICHOLSON TREASURER 20.00
Officer Director
$82,676 $0 $82,676
ANDREY LISCOVICH PRESIDENT/SECRETARY 40.00
Officer Director
$166,103 $0 $166,103
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 $8,027,762 $7,522,188 $1,279,498 $505,574
2022 $2,293,200 $1,551,297 $764,301 $741,903
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