Sky Philanthropy Inc is located in Newton, MA. According to its NTEE Classification (M19) the organization is classified as: Support N.E.C., under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sky Philanthropy 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, Sky Philanthropy Inc generated $184.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 39.0% each year . All expenses for the organization totaled $180.1k during the year ending 12/2023. While expenses have increased by 43.4% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ORGANIZED THE BIGGEST UKRAINIAN CULTURAL FESTIVAL IN NEW ENGLAND WITH OVER 3000 ATTENDEES AT BOSTON UNIVERSITY. PURCHASED CARGO TRUCKS, CARS AND EQUIPMENT FOR UKRAINIAN PEOPLE. PROVIDED AID TO OVER 25,000 UKRAINIAN CHILDREN, ESPECIALLY, IN ORPHANAGES. COLLECTED OVER 60,000 LBS OF HUMANITARIAN AID.DONATED OVER 100,000 HOURS OF VOLUNTEERING FROM LOCAL COMMUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Natasha Babushkina President | 30 | $0 | |
Olga Lisovskaya Treasurer | 30 | $0 | |
George Svedloff Director | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $184,436 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $184,436 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $43,739 |
Occupancy, rent, utilities, and maintenance | $37,100 |
Printing, publications, postage, and shipping | $9,693 |
Other expenses | $89,597 |
Total expenses | $180,129 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $12,258 |
Other assets | $0 |
Total assets | $12,258 |
Total liabilities | $0 |
Net assets or fund balances | $12,258 |