UKRAINIAN CULTURE CENTER

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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

1947

Legal Domicile

Principal Officer

LARYSSA REIFEL

Phone

3236653703

Tax Period

2024-03-01 to 2025-02-28

UKRAINIAN CULTURE CENTER, founded in 1947, is a small nonprofit that reported $322K in total revenue in fiscal year 2024. The organization ran a surplus of $62K, a strong 19% operating margin.

Mission

SUPPORT OF CULTURAL HERITAGE SCHOOL, ETHNIC DANCE SCHOOL, FOLK ART CENTER AND WOMEN'S LEAGUE.

Program Service Accomplishments

Program 1

Expenses: $64,549

SUPPORT OF CULTURAL HERITAGE SCHOOL, ETHNIC DANCE SCHOOL, FOLK ART CENTER AND WOMENS LEAGUE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $301,112

Investment Income $20,892

Other Revenue $0

TOTAL REVENUE $322,004

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $2,282

Program Expenses $64,549

Other Expenses $259,836

TOTAL EXPENSES $259,836

Year-over-Year Comparison

	2024	2023	Change
Revenue	$322,004	$301,917	+0.1%
Expenses	$259,836	$277,007	-0.1%
Net Income	$62,168	$24,910	+1.5%

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
LYDIA BILYNSKA	SECRETARY	N/A	Officer Director	$0	$0	$0
HALYRA BOND	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
VICTORIA KUZINA	BOARD MEMBER	N/A	Officer Director	$0	$0	$0
ADRIAN KUZYCZ	BOARD MEMBER	N/A	Officer Director	$0	$0	$0
DANUTA LOPUSZYRSKA	TREASURER	N/A	Officer Director	$0	$0	$0
LARYSSA REIFEL	PRINCIPLE	N/A	Officer Director	$0	$0	$0
TARAS SEMCHYSHYN	PRESIDENT	N/A	Officer Director	$0	$0	$0
VICTORIA SPINELLI	BOARD MEMBER	N/A	Officer Director	$0	$0	$0
ZVENISLAVA SZTETZ	BOARD MEMBER	N/A	Officer Director	$0	$0	$0
LEONID TSAP	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
GEORGE YEMETZ	FACILITIES D	N/A	Officer Director	$0	$0	$0
WALT ZOZULA	FINANCIAL SE	N/A	Officer 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
2025	$322,004	$259,836	$889,001	$62,168
2024	$301,917	$277,007	$826,833	$24,910
2023	$266,811	$258,870	$859,250	$7,941
2022	$232,709	$164,277	$851,309	$68,432
2021	$27,863	$138,800	$768,067	$-110,937
2020	$324,972	$305,531	$878,258	$19,441
2019	$377,746	$278,167	$866,779	$99,579