Hope For Ukraine Inc
- Assets
- $4.6m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 2
- Location
- Roseland, NJ
- Founding
- 03/2016
- Data as of
- 12/2023
- EIN
- 81-1401967
Organization Overview
Hope For Ukraine Inc is located in Roseland, NJ. The organization was established in 2016. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Hope For Ukraine Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope For Ukraine Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Hope For Ukraine Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 39.4% each year . All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 39.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS CENTERED AROUND COMPASSION AND POSITIVE CHANGE. WE ARE DEDICATED TO SUPPORTING THOSE IN NEED, ADDRESSING VARIOUS ASPECTS OF WELL- BEING, FROM BASIC NECESSITIES TO EDUCATION AND HEALTHCARE. (SEE SCHED O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023 HOPE FOR UKRAINE PROVIDED ASSISTANCE TO FAMILIES IN DONETSK, KHERSON, KHARKIV, ODESSA, MYKOLAYEV, KIROVOGRAD, SYMU, CHERKASY, KRIVIY RIH, VOLYN, RIVNE, KYIV, VINNITSA AND LVIV REGIONS OF UKRAINE AS WELL AS UKRAINIAN REFUGEES IN OTHER EUROPEAN COUNTRIES AND USA. FOOD KIT DISTRIBUTION: IN A REMARKABLE DISPLAY OF COMPASSION & EFFICIENCY, HOPE FOR UKRAINE SUCCESSFULLY DISTRIBUTED 78,000 FOOD KITS TO FAMILIES AND INDIVIDUALS GRAPPLING WITH SEVERE HARDSHIPS. EACH KIT IS THOUGHTFULLY PACKED WITH ESSENTIAL FOOD ITEMS SUFFICIENT TO NOURISH A FAMILY OF FOUR FOR UP TO 10 DAYS. MORE THAN JUST PROVIDING VITAL SUSTENANCE, THESE KITS CARRY A PROFOUND MESSAGE OF HOPE AND SOLIDARITY, OFFERING TANGIBLE SUPPORT AND A SENSE OF COMMUNITY TO THOSE ENDURING DIFFICULT TIMES. (SEE SCHED O)
AFTER-SCHOOL PROGRAMS: HIGHLIGHTING THE CRITICAL ROLE OF EDUCATION AND A SENSE OF NORMALCY IN THE LIVES OF CHILDREN, HOPE FOR UKRAINE'S AFTER-SCHOOL PROGRAMS WERE ATTENDED BY AN IMPRESSIVE 31,200 CHILDREN. THESE PROGRAMS WENT BEYOND PROVIDING EDUCATIONAL ENRICHMENT; THEY FOSTERED A NURTURING SENSE OF COMMUNITY AND STABILITY. IN THESE SAFE AND SUPPORTIVE ENVIRONMENTS, YOUNG MINDS, IMPACTED BY THE SURROUNDING TURMOIL, FOUND A PLACE TO LEARN, GROW, AND REGAIN A SEMBLANCE OF NORMAL CHILDHOOD EXPERIENCES. REFUGEES SHELTERED: HOPE FOR UKRAINE HAS OFFERED A SANCTUARY FOR 593 INTERNALLY DISPLACED INDIVIDUALS IN OUR LVIV CENTER IN 2023, ENSURING EACH PERSON FINDS SOLACE AND SUPPORT DURING CHALLENGING TIMES. (SEE SCHED O)
RESCUE OPERATIONS: OUR TEAM COURAGEOUSLY EXECUTED OPERATIONS THAT LED TO THE RESCUE OF 75 INDIVIDUALS FROM FRONTLINE TOWNS, BRINGING THEM SAFELY OUT OF HARM'S WAY. THESE BRAVE AND COMPASSIONATE MISSIONS WERE NOT JUST LIFE- SAVING ENDEAVORS; THEY ALSO REUNITED FAMILIES, WEAVING THREADS OF HOPE THROUGH THE TAPESTRY OF THESE DARK TIMES. HOSPITAL SUPPORT: UNDERSTANDING THE DIRE NEED FOR MEDICAL AID, HOPE FOR UKRAINE PROACTIVELY EXTENDED ITS SUPPORT TO 29 HOSPITALS. OUR DEDICATED EFFORTS WERE INSTRUMENTAL IN KEEPING THESE HEALTHCARE FACILITIES FUNCTIONAL DURING CHALLENGING TIMES. THIS SUPPORT MEANT THAT THESE HOSPITALS COULD CONTINUE TO OFFER ESSENTIAL HEALTH SERVICES, BRINGING MUCH-NEEDED MEDICAL CARE TO THOSE IMPACTED BY THE ONGOING WAR. SEE SCHED O FOR FULL STATEMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yuriy Boyechko Ceo/presiden | OfficerTrustee | 40 | $68,654 |
Shivang Chaurushia Treasurer | OfficerTrustee | 2.5 | $0 |
Emmanuel Gentle Secretary | OfficerTrustee | 2.5 | $0 |
Marko Vukosavovic Board Chair | OfficerTrustee | 2.5 | $0 |
Yaroslav Boyechko COO | Officer | 40 | $66,538 |
Joseph L Rosenberg Trustee | Trustee | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,470,537 |
| Noncash contributions included in lines 1a–1f | $95,657 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,470,537 |
| Total Program Service Revenue | $0 |
| Investment income | $44,894 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,515,431 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $558,031 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $150,554 |
| Compensation of current officers, directors, key employees. | $1,690 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,002 |
| Payroll taxes | $10,753 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,780 |
| Fees for services: Accounting | $27,960 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $48,252 |
| Advertising and promotion | $13,436 |
| Office expenses | $70,700 |
| Information technology | $14,332 |
| Royalties | $0 |
| Occupancy | $23,760 |
| Travel | $229,165 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,748 |
| Interest | $18,749 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,987 |
| Insurance | $8,992 |
| All other expenses | $0 |
| Total functional expenses | $1,229,201 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $638,249 |
| Savings and temporary cash investments | $394,178 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $21,547 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,690 |
| Net Land, buildings, and equipment | $68,914 |
| Investments—publicly traded securities | $3,466,965 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,597,543 |
| Accounts payable and accrued expenses | $11,811 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $24,500 |
| Total liabilities | $36,311 |
| Net assets without donor restrictions | $4,561,232 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,597,543 |
Grants Awarded
Over the last fiscal year, Hope For Ukraine Inc has awarded $43,193 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ARKANSAS CHILDREN'S HOSPITAL PURPOSE: MISSION OF AGENCY | $10,093 |
CHRISTIAN MISSION SULAMITA PURPOSE: MISSION OF AGENCY | $33,100 |