PROTEZ FOUNDATION

EIN: 882437069 501(c)(3) Health Care

OAKDALE, MN

Total Revenue
$3,540,039
Total Expenses
$3,577,052
Total Assets
$760,728
Net Assets
$309,724
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
MN
Principal Officer
YURY AROSHIDZE
Phone
6127724777
Tax Period
2023-01-01 to 2023-12-31

PROTEZ FOUNDATION, founded in 2022, is a community nonprofit in the Health Care sector that reported $3.5M in total revenue in fiscal year 2023. Revenue surged 247% from the prior year, signaling strong growth momentum.

Mission

THE FOUNDATION PROVIDES FREE PROSTHETICS AND OTHER RESOURCES FOR THOSE WHO LOST THEIR LIMBS, ESPECIALLY AS A RESULT OF WARS, IN UNDERSERVED AREAS OF THE WORLD. THE FOUNDATION'S GOAL IS TO COVER ALL FINANCIAL NEEDS FOR A PERSON TO GET FITTED FOR PROSTHETICS. THE FOUNDATION PROVIDES ORIENTATION, LOGISTICS AND PSYCHOLOGICAL SUPPORT FOR ALL PATIENTS. THE FOUNDATION'S GOAL IS TO PROVIDE EDUCATION, MATERIALS, SUPPLIES AND TOOLS TO IMPROVE MEDICAL CARE IN UNDERSERVED AREAS OF THE WORLD.

Program Service Accomplishments

Program 1
Expenses: $3,318,937

THE FOUNDATION PROVIDES PROSTHETICS ALONG WITH PERSONALIZED TRAINING AND SUPPORT FOR INDIVIDUALS WHO LOST LIMBS IN UKRAINE. THE FOUNDATION ALSO PROVIDES MENTAL HEALTH AND EMOTIONAL SUPPORT DURING...

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THE FOUNDATION PROVIDES PROSTHETICS ALONG WITH PERSONALIZED TRAINING AND SUPPORT FOR INDIVIDUALS WHO LOST LIMBS IN UKRAINE. THE FOUNDATION ALSO PROVIDES MENTAL HEALTH AND EMOTIONAL SUPPORT DURING RECOVERY. THE FOUNDATION PROVIDED 83 UKRAINIANS WITH PROSTHETICS IN 2023.

Program 2
Expenses: $79,442

AS PART OF THE FOUNDATION'S PROGRAMMING, THE FOUNDATION CREATED PROTEZ ACADEMY IN 2023. THIS IS AN EDUCATIONAL PROGRAM CREATED BY A TEAM OF U.S. PROFESSIONALS AND FACULTY IN THE FIELD OF...

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AS PART OF THE FOUNDATION'S PROGRAMMING, THE FOUNDATION CREATED PROTEZ ACADEMY IN 2023. THIS IS AN EDUCATIONAL PROGRAM CREATED BY A TEAM OF U.S. PROFESSIONALS AND FACULTY IN THE FIELD OF PROSTHETISTS, PHYSICAL REHABILITATION, AND SURGEONS AIMED AT FACILITATING THE EXPERTISE EXCHANGE BETWEEN UKRAINIAN MEDICAL PROFESSIONALS AND THEIR COUNTERPARTS IN THE U.S. THE FOUNDATION TRAINED 47 SPECIALISTS IN 2023.

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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 $3,605,322
Program Service Revenue $0
Investment Income $39
Other Revenue $-65,322
TOTAL REVENUE $3,540,039

Expense Breakdown

Grants Paid $57,478
Salaries & Benefits $441,822
Fundraising Expenses $93,955
Program Expenses $3,398,379
Other Expenses $3,077,752
TOTAL EXPENSES $3,577,052

Year-over-Year Comparison

2023 2022 Change
Revenue $3,540,039 $1,018,857 +2.5%
Expenses $3,577,052 $673,983 +4.3%
Net Income $-37,013 $344,874 -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

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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
5
Independent Members
1
Employees
8
Volunteers
150

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
4
$268,840
Total Directors
5
$268,840
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YURY AROSHIDZE PRESIDENT 40.00
Officer Director
$83,200 $0 $83,200
DR YAKOV GRADINAR VICE-PRESIDENT 40.00
Officer Director
$124,800 $0 $124,800
IVANNA GRADINAR TREASURER 40.00
Officer Director
$31,200 $0 $31,200
ANDREY MADAN SECRETARY 40.00
Officer Director
$29,640 $0 $29,640
VALENTYNA PAVSYUKOVA BOARD MEMBER 2.00
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 $3,540,039 $3,577,052 $760,728 $-37,013
2022 $1,018,857 $673,983 $558,387 $344,874
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