PROJECT UKRAINE

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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

Principal Officer

Alice Yagolnitser

Phone

4154006444

Tax Period

2023-01-01 to 2023-12-31

PROJECT UKRAINE, founded in 2022, is a small nonprofit in the Public & Societal Benefit sector that reported $332K in total revenue in fiscal year 2023. Revenue surged 403% from the prior year, signaling strong growth momentum.

Mission

Charitable purpose to assist Ukraine by providing medical and humanitarian aid

Program Service Accomplishments

Program 1

Expenses: $100,000 Revenue: $0

In 2023 we purchased medical equipment for Kherson Children's Hospital and Izum Central Hospital after these cities were liberated.

Program 2

Expenses: $20,000 Revenue: $0

We sponsored social projects and charitable activities to raise awareness about Ukraine worldwide

Program 3

Expenses: $70,000 Revenue: $0

We provided prosthetic devices for six Ukrainian military personnel who lost their limbs in the line of duty - the rehabilitation services and the prosthetic devices were provided in the United...

We provided prosthetic devices for six Ukrainian military personnel who lost their limbs in the line of duty - the rehabilitation services and the prosthetic devices were provided in the United States.

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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 $331,823

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $331,823

Expense Breakdown

Grants Paid $267,325

Salaries & Benefits $0

Fundraising Expenses $51,084

Program Expenses $287,325

Other Expenses $20,385

TOTAL EXPENSES $338,794

Year-over-Year Comparison

	2023	2022	Change
Revenue	$331,823	$65,981	+4.0%
Expenses	$338,794	$5,573	+59.8%
Net Income	$-6,971	$60,408	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Alice Yagolnitser	President	3	Officer	$0	$0	$0
Stan Yagolnitser	Secretary	3	Officer	$0	$0	$0
Lidiya Lukashova	Chief Financial Officer	3	Officer	$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
2023	$331,823	$338,794	$64,437	$-6,971