Ukraine Global Scholars Foundation
- Assets
- $228.3k
- Revenue
- $296.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Boston, MA
- Founding
- 01/2017
- Data as of
- 12/2022
- EIN
- 81-0847939
Organization Overview
Ukraine Global Scholars Foundation is located in Boston, MA. The organization was established in 2017. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ukraine Global Scholars Foundation 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 12/2022, Ukraine Global Scholars Foundation generated $296.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $181.7k during the year ending 12/2022. While expenses have increased by 6.2% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ASSISTING UKRAINIAN STUDENTS IN GETTING EDUCATION ABROAD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WITHIN OUR 2021 COHORT, ALL 53 SCHOLARS RECEIVED FULLY FUNDED ADMISSION OFFERS. OUTSIDE OF THE 2021 COHORT, WE HAD 8 BOARDING SCHOOL SENIORS WHO ARE NOW CONTINUING THEIR EDUCATION IN 4-YEAR UNDERGRADUATE PROGRAMS, 3 STUDENTS FROM PAST COHORTS WHO SUCCESSFULLY RE-APPLIED THIS YEAR, AND 12 UGS JUNIOR STUDENTS WHO HAVE BEEN ADMITTED AT UK BOARDING SCHOOLS. THIS IMPLIES THAT THE CUMULATIVE ACCEPTANCE RATE FOR THIS YEAR (FOR THE 2021 COHORT AND OTHER STUDENT SUB-GROUPS) REACHED 100%.
UGS SCALING UP: 100+ MENTORS AND CO-MENTORS AS A PART OF OUR SCALING UP THIS YEAR, WE HAVE EXPANDED OUR MENTORSHIP TEAM TO 100+ VOLUNTEERS TO SUPPORT OUR COHORT 2022 AND UGS BOARDING SCHOOL GRADUATES APPLYING TO COLLEGES THIS YEAR. AS AN ADDITIONAL SCALING UP INITIATIVE, THE UGS JUNIOR PROGRAM SERVED 9 STUDENTS. THE PROGRAM HAS BEEN SLIGHTLY ADJUSTED THIS YEAR TO ALLOW MORE SPACE FOR TEACHING HOW TO SUCCEED IN PREPARATION FOR THE APPLICATION PROCESS AND INCLUDE A SUB-PROGRAM AIMED AT IMPROVING ENGLISH AND SAT MATH SKILLS. UGS JUNIORS HAVE BEEN WORKING ON THEIR INDIVIDUAL GROWTH PLANS, BROADENING THEIR READING HORIZONS, AND DEVELOPING THEIR INDEPENDENT PROJECTS.
SECURING INTERNSHIPS FOR 64 UGS STUDENTS WHO HAVE COMPLETED 69 INTERNSHIPS IN VARIOUS FIELDS, INCLUDING 37 INTERNSHIPS IN UKRAINIAN ORGANIZATIONS (BOTH ONLINE AND OFFLINE). NON-PROFIT ORGANIZATIONS WITH A FOCUS ON UKRAINE, VERKHOVNA RADA OF UKRAINE AND SCIENTIFIC RESEARCH PROJECTS ATTRACTED MOST UGS INTERNS THIS YEAR. OUR STUDENTS INTERNED AT VERKHOVNA RADA, THE MINISTRY OF DIGITAL TRANSFORMATION OF UKRAINE, THE EMBASSY OF UKRAINE IN FRANCE, UKRAINIAN NATIONAL WOMEN'S LEAGUE OF AMERICA, RAZOM FOR UKRAINE, PRECORO, CIVITTA, REVENUEGRID, ENGIN, AS WELL AS AT GOOGLE AND MICROSOFT AMONG OTHER ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yuliia Lemesh President, Board Member | Officer | 40 | $16,074 |
Mykhaylo Lemesh Treasurer, Board Member | Trustee | 4 | $0 |
Yuliya Sychikova Secretary, Board Member | Trustee | 4 | $0 |
Pavlo Kononenko Director Of College Counseling, Board Member | Trustee | 4 | $0 |
Marianna Elizabeth Tretiak Board Member, Director Of Education Advising | Trustee | 10 | $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 | $296,384 |
| Noncash contributions included in lines 1a–1f | $71,050 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $296,384 |
| Total Program Service Revenue | $0 |
| Investment income | $69 |
| 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 | $296,453 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $24,383 |
| Compensation of current officers, directors, key employees. | $9,754 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,766 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,728 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $41 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $218 |
| Office expenses | $7,120 |
| Information technology | $74,495 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,746 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,174 |
| All other expenses | $0 |
| Total functional expenses | $181,690 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $223,178 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $5,096 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $228,274 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $218,833 |
| Net assets with donor restrictions | $9,441 |
| 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 | $228,274 |