Nova Ukraine

Nonprofit profile at a glance

EIN
465335435
IRS 990 coverage
2020–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-EZ 2019, Form 990-T 2024, Form 990-N 2014
Location
Palo Alto, CA, USA
Phone
(408) 673-4292
Rating
82
Verdict
STRONG
Rating confidence
Standard
Sector
Fund Raising and Fund Distribution

Official website

Reported finances

Revenue
$41,180,404
Expenses
$31,397,803
Assets
$27,804,425
Liabilities
$532,054

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

Leadership & pay

10 people listed

Highest reported compensation

  • JEFF KRAMER (CDO): $187,097 total reported compensation
  • KATERYNA KOVALENKO (GENERAL MANAGER): $125,939 total reported compensation

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

Overview

Mission

Nova Ukraine is a nonprofit organization dedicated to providing humanitarian aid to the people of Ukraine and raising awareness about Ukraine in the United States and throughout the world.

What it reported doing in 2024

Medical equipment projects are focused on providing medical equipment to support ukrainian healthcare facilities affected by the war and ensure patients have access to quality medical care. This initiative includes: equipment delivery: coordinating the logistics to deliver specialized equipment (such as ventilators, defibrillators, diagnostic tools, and rehabilitation devices) to healthcare facilities in regions most impacted by the war, training for medical personnel: conducting training sessions for healthcare workers on how to effectively use the new equipment, enhancing their ability to provide critical care. In the context of war in ukraine, where many healthcare facilities have been damaged or destroyed, this project is crucial. The supply of essential medical equipment will not only restore healthcare services but also save lives, supporting both immediate and long-term healthcare needs. The project addresses gaps in emergency and routine care, offering hope and resilience to communities facing significant challenges in accessing quality healthcare.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 60% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 70
  • Accountability: 100
  • Sustainability: 70
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.9%; rating input score 72
  • Program expense ratio: 93.5%; rating input score 94
  • Fundraising efficiency: $49.97 raised per $1 spent on fundraising; rating input score 76; 76th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.7%; rating input score 95; 24th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 97.3%; rating input score 97; 27th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 23.8%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 0.89; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 90; 90th percentile among comparable filings
  • Officer compensation ratio: 1%; rating input score 85; 85th percentile among comparable filings

Growth

  • Program expense growth: 23.7% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 37.6% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 45.6% per year; rating input score 100; 98th percentile among comparable filings

Details

  • What they do: 7 programs and campaigns described on the official site · 2 operating locations identified
  • Where the money goes: 71.9% of revenue deployed · 93.5% of spending went to programs
  • Governance: 7 of 7 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $29.4M in reported program spending
  • Leadership: top reported pay $187K · 10 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 40 of 41 current checks pass · 1 finding to review
  • Schedules: 11 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 12 filed money-flow records
  • Related organizations: 10 filed related-organization links
  • 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 — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
  • Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.