Ukrainians of Colorado

Nonprofit profile at a glance

EIN
471594449
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-EZ 2022, Form 990-N 2020
Location
Lakewood, CO, USA
Phone
7209360540
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Reported finances

Revenue
$794,370
Expenses
$554,597
Assets
$274,767
Liabilities
$0

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

Leadership & pay

4 people listed

Executive titles in this filing

  • Iryna Shatalov (Vice President)
  • Marina Dubrova (President)

People named in this filing

  • Iryna Shatalov (Vice President)
  • Chrystia Paulsen (Treasurer)
  • Mark Dillen (Secretary)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We actively and zealously work to develop awareness, knowledge and understanding about Ukraine in Colorado and beyond. We work hard to raise funds to provide medical and humanitarian aid to Ukrainians through a network of established providers in Ukraine.

What it reported doing in 2024

Through a major fundraising campaign, Ukrainians of Colorado has been able to fund the purchase of medical supplies and humanitarian aid for Ukrainians who are suffering from the devastation of the invasion. The organization has also extended support to the soldiers and villages near the frontlines by providing medical and tactical gear, including generators, chargers, tourniquets, firewood, and other necessities. The efforts of Ukrainians of Colorado have not only provided vital aid to those affected by the conflict but have also demonstrated the solidarity and support of the Ukrainian community in Colorado. By working tirelessly to raise funds and provide aid, this organization has shown that even small contributions can make a big difference in the lives of those in need. Ukrainians of Colorado has made it a top priority to provide assistance to the children of Ukraine, especially those in orphanages and those with disabilities. These children are some of the most vulnerable and in need of help, and the organization has made it their mission to provide them with the resources they need to thrive. By providing food, diapers, clothes, medicine, and other necessities, Ukrainians of Colorado is making a significant impact on the lives of these children. The organization's efforts have helped to alleviate the financial burdens of these orphanages, allowing them to focus on providing better care and support to the children in their care. The dedication and commitment of Ukrainians of Colorado to improving the lives of Ukrainian children is truly essential.

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 84% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 76
  • Accountability: 70
  • Sustainability: 67
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 53.5%; rating input score 54
  • Program expense ratio: 76.7%; rating input score 77
  • Fundraising efficiency: $10.53 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 84.6%; rating input score 85; 2nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • 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: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 30.2%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 0.5; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 11% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: 32.5% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 54.1% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 53.5% of revenue deployed · 76.7% of spending went to programs
  • Governance: 7 of 7 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $425K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 19 of 21 current checks pass · 2 findings to review
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 54/100.
  • High — Accountability: Governance controls: 5 of 7 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 40/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Schedule G fundraiser detail did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.