Slavic Church Sulamita

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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

2005

Legal Domicile

Principal Officer

Vladimir Monich

Tax Period

2023-01-01 to 2023-12-31

Slavic Church Sulamita, founded in 2005, is a community nonprofit in the Religion sector that reported $2.7M in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 73% operating margin.

Mission

To spread the word of Jesus Christ

Program Service Accomplishments

Program 1

Expenses: $287,713

Church Services. The influx of new members is such that the church continues to maintain two times for services.

Program 2

Expenses: $24,700

Services for Weddings and Funerals

Program 3

Expenses: $23,099

Missionary services

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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 $2,720,252

Program Service Revenue $0

Investment Income $290

Other Revenue $0

TOTAL REVENUE $2,720,542

Expense Breakdown

Grants Paid $51,862

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $335,512

Other Expenses $650,216

TOTAL EXPENSES $726,778

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,720,542	$2,016,759	+0.3%
Expenses	$726,778	$828,604	-0.1%
Net Income	$1,993,764	$1,188,155	+0.7%

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
Uglyanithsa Grigoriy	Secretary	2.00	Officer	$0	$0	$0
Vitaly Hensitskyi	Treasurer	2.00	Officer	$0	$0	$0
Vladimir Monich	Pastor President	3.00	Officer	$0	$0	$0
Vladimir Linnik	Vice President	2.00	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	$2,720,542	$726,778	$6,166,132	$1,993,764
2022	$2,016,759	$828,604	$3,725,668	$1,188,155
2021	$1,038,136	$508,738	$4,147,313	$529,398
2020	$1,027,914	$499,718	$3,763,482	$528,196
2019	$1,229,625	$531,087	$3,909,807	$698,538