Fyno Foundation Inc

Nonprofit profile at a glance

EIN
881506532
IRS 990-EZ coverage
2024–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Brooklyn, NY, USA
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$65,794
Expenses
$43,000
Assets
$41,120

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Roman Guliak (President)
  • Tetiana Guliak (Vice President)

People named in this filing

  • Roman Guliak (President)
  • Tetiana Guliak (Vice President)
  • Iurii Tanskyi (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Fyno Foundation was created in response to Russian attempt to invade Ukraine causing a humanitarian crisis. We help both civilians and defenders by either directly supplying goods or working through our trusted network of volunteers and nonprofits on the ground to reduce the suffering of Ukrainian nation.

What it reported doing in 2024

Program 1: Supplying Ukrainians with reliable vehicles for humanitarian purposes. From the first days of the Russian invasion weve got a lot of requests for trucks ambulances and regular vehicles for volunteers and defenders in Ukraine. Weve partnered with multiple organizations in Europe and set up a process to supply Ukrainians with vehicles. It consists of buyers drivers and nonprofit car shops in Ukraine for full coverage.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Revenue has declined or grown slowly and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 100
  • Sustainability: 59
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65.4%; rating input score 65
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 34.6%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 0.96; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -36.6% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -19.9% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 65.4% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $43K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.