Ukrainian New Wave Corporation
Nonprofit profile at a glance
- EIN
- 208517400
- IRS 990 coverage
- 2022–2025
- Forms available
- Form 990 2025, Form 990-EZ 2023
- Location
- Staten Island, NY, USA
- Phone
- 3474207678
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Ethnic, Immigrant Centers
Reported finances
- Revenue
- $237,116
- Expenses
- $190,406
- Assets
- $147,612
- Liabilities
- $3,576
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- MYROSLAVA ROZDOLSKA (PRESIDENT)
- ANNA SHPOOK (VICE PRESIDENT)
People named in this filing
- MYROSLAVA ROZDOLSKA (PRESIDENT)
- BOHDAN BOHONOK (DIRECTOR)
- ZORYANA ROMANIUK (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Established in New York City in 2007, Ukrainian New Wave, a 501c3 nonprofit organization, assists Ukrainian immigrants settle, adapt and thrive upon their arrival in the United States of America with efforts that support and promote the continuation of Ukrainian language, culture, and values through professional, advisory and social activities, events and programs. With the escalation of Russias multi-year war against Ukraine, in addition to the original mission, Ukrainian New Wave, separately and in conjunction with other organizations, now provides humanitarian assistance to Ukraine and Ukrainian refugees worldwide.
What it reported doing in 2025
Organized Ukrainian heritage education and cultural program for youth and children aimed to cultivate Ukrainian traditions for the upcoming generation. In addition Ukrainian traditional folk performances were organized. Purpose of the events is to preserve Ukrainian identity heritage in USA, introduce our culture for American people.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 50
- Accountability: 76
- Sustainability: 55
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.2%; rating input score 79
- Program expense ratio: 98.6%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 19.7%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 0.78; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 33; 33rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: -22.3% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: 16.5% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: 34.3% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 79.2% of revenue deployed · 98.6% of spending went to programs
- Governance: 5 of 5 board members independent · 3 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $188K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 4 filed schedules · includes foreign activity
- Filing history: 3 filing years from 2022 to 2025
- 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 — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 33/100.