HUCUS Inc

EIN: 883438463 501(c)(3) International Affairs

Jersey City, NJ

Total Revenue
$5,400,928
Total Expenses
$5,399,437
Total Assets
$14,135
Net Assets
$13,785
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
NJ
Principal Officer
Oleksii Prokopenko
Tax Period
2023-01-01 to 2023-12-31

HUCUS Inc, founded in 2022, is a community nonprofit in the International Affairs sector that reported $5.4M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

The main goal of HUCUS is to attract maximum resources with minimum capital. We are looking for humanitarian aid and financial support for people, refugees, communities, and countries. We are building advocacy for democracy and supporting the arts.

Program Service Accomplishments

Program 1
Expenses: $5,355,000

In 2023, the HUCUS Emergency Logistic Response Program successfully facilitated the shipment of humanitarian aid to Ukraine. Our team coordinated the shipment of 206,407 lbs of humanitarian cargo in...

Read more

In 2023, the HUCUS Emergency Logistic Response Program successfully facilitated the shipment of humanitarian aid to Ukraine. Our team coordinated the shipment of 206,407 lbs of humanitarian cargo in 18 containers. This effort involved collaboration with the HUCUS Foundation and various organizations that utilized our nonprofit logistic services to deliver vital aid to those in need.Key Achievements:Total Humanitarian Cargo Shipped: 206,407 lbs delivered. Number of Containers: 18 containers sent to Ukraine.Special Shipment:In addition to the above, we facilitated the shipment of one container containing 8,600 pieces of clothing from the National Railway Operator in Sweden to Ukraine, further enhancing our humanitarian efforts.Special Air Shipments:We delivered a dozen special blood refrigerators for stabilization and evacuation units, special equipment for the Superhumans Center, and other urgent cargo

Program 2
Expenses: $44,437

Throughout 2023, the HUCUS Arts Program has actively engaged in various cultural events to support international artists, heritage, literature, and film, particularly in the context of the ongoing...

Read more

Throughout 2023, the HUCUS Arts Program has actively engaged in various cultural events to support international artists, heritage, literature, and film, particularly in the context of the ongoing war. Below is a summary of our key activities:Ukrainian Festival in Philadelphia: Our team was represented, showcasing Ukrainian culture and arts.Meeting with Ukrainian Designers: We discussed trends in the fashion industry, featuring noted designers Ivan Frolov and Liliya Litkovska, and highlighted their contributions to the field.Fashion Room Milanova: This initiative showcased contemporary Ukrainian fashion and facilitated connections between designers and audiences.Cultural Event with Daria Kolomiets: This event provided a platform for showcasing Ukrainian cultural expressions and talents.Screening of the Film Schedryk: This film screening was accompanied by a meeting with producer Kolubaev, fostering dialogue on the importance of Ukrainian cinema.

Program 3

The primary goal of the Advocacy and Information Program is to create an information space that supports Ukraine and the Ukrainian-American communities while keeping peace in Ukraine on the...

Read more

The primary goal of the Advocacy and Information Program is to create an information space that supports Ukraine and the Ukrainian-American communities while keeping peace in Ukraine on the international agenda. This program also focuses on building networking and partnership connections for the HUCUS Foundation.Key Activities and Achievements:1. Information Meetings: Our team organized several information sessions focused on medical, legal, and financial support for Ukrainian refugees in New York City and Miami.2. DIIA Summit DC: We attended the DIIA Summit in Washington, D.C., to engage with critical stakeholders on Ukraine-related issues.3. Rallies in Support of Ukraine: We supported and participated in rallies in New York City and D.C. to advocate for Ukraine and raise awareness of the current situation.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,400,928
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,400,928

Expense Breakdown

Grants Paid $2,012
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,399,437
Other Expenses $5,397,425
TOTAL EXPENSES $5,399,437

Year-over-Year Comparison

2023 2022 Change
Revenue $5,400,928 $4,866,290 +0.1%
Expenses $5,399,437 $4,853,996 +0.1%
Net Income $1,491 $12,294 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
3

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Serhii Bulancha Secretary 15.00
Officer
$0 $0 $0
Svitlana Khorosh Tresure 15.00
Officer
$0 $0 $0
Oleksii Prokopenko President 35.00
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
2024 No data No data No data No data
2023 $5,400,928 $5,399,437 $14,135 $1,491
2022 $4,866,290 $4,853,996 $12,314 $12,294
2022 $4,866,290 $4,853,996 $12,314 $12,294
Explore More Nonprofits
Top 100 Nonprofits in New Jersey Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HUCUS Inc with other nonprofits in New Jersey and across the country.