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Nova Ukraine

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 465335435 ✦ Stanford, CA ✦ Designated as a 501(c)(3)

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Overview

What is Nova Ukraine?

Nova Ukraine is a nonprofit organization based in Stanford, California, with a mission to help the people of Ukraine through humanitarian aid and raising awareness. Since 2014, they have sent over $83 million worth of aid to Ukraine through various initiatives. These initiatives include organizing fundraisers, cultural events, and collaborating with nonprofits and volunteers on the ground. Their work is dedicated to supporting a strong and flourishing Ukraine by providing essential aid to vulnerable populations, including children, refugees, internally displaced persons, and wounded defenders undergoing treatment. They partner with local volunteer groups, hospitals, state services, and local authorities to provide resources for cultural growth and social mobility, enabling the people of Ukraine to thrive in the future. With a small team of one employee, Nova Ukraine remains committed to fostering resilience, hope, and self-sufficiency in Ukraine.


Official website here: www.novaukraine.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 90%

Nova Ukraine has received a Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 90%, the organization demonstrates a high degree of transparency and effective financial oversight. Its independent board structure and lack of material asset diversion further contribute to its financial integrity, making it a trustworthy choice for donors.

The organization excels in program expenses, with 98.39% of its budget directed towards its programs. This efficient allocation of resources indicates a commitment to maximizing impact and supporting its mission. Additionally, Nova Ukraine's fundraising efficiency is notable, with minimal costs incurred in raising funds, showcasing its operational effectiveness.

On the leadership front, Nova Ukraine has achieved a perfect score in adaptability, strategy, and leadership. This reflects a well-structured organization capable of responding effectively to challenges and maintaining a clear vision. No significant limitations were noted, reinforcing Nova Ukraine's reputation as a reliable nonprofit in its field.


This AI summary has been generated from information found on Charity Navigator.

Is Nova Ukraine legitimate?

Nova Ukraine is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nova Ukraine submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,000

For more financial information, click here


Official website here: www.novaukraine.org

What is the mission statement of Nova Ukraine?

Nova Ukraine is committed to aiding the people of Ukraine and raising awareness about the country both in the US and globally. Their mission is to help Ukraine build a strong and flourishing nation with an empowered civil society. This is achieved by providing essential aid to vulnerable populations, including children, refugees, internally displaced persons, and wounded defenders undergoing treatment. Nova Ukraine collaborates with local volunteer groups, hospitals, state services, and local authorities to offer resources for cultural growth, social mobility, and an environment for future success. The organization's primary focus is on fostering resilience, hope, and self-sufficiency within the Ukrainian community.


Official website here: www.novaukraine.org

Who is the CEO of Nova Ukraine?

Milena Naymark is the Treasurer of Nova Ukraine.


Official website here: www.novaukraine.org

What is the revenue of Nova Ukraine?

Nova Ukraine's revenue in 2022 was $75,207,108.


Official website here: www.novaukraine.org

Who are the executives of Nova Ukraine and what are their salaries?

The average compensation at Nova Ukraine during 2022 was $29,000. There is 1 employee and 300 volunteers at Nova Ukraine.


Here are 6 key members and their salaries:


Michael Simbirsky (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ostap Korkuna (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Milena Naymark (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mikola Nick Bilogorskiy (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Igor Markov (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodion Yaryy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.novaukraine.org

Where can I find the form 990 for Nova Ukraine?

Nova Ukraine's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.novaukraine.org

Learn more at the official website: www.novaukraine.org

Mission Statement of Nova Ukraine

At Nova Ukraine, a dedicated organization is working tirelessly to support Ukraine and its people in building a strong, flourishing nation. Novas Ukraine's mission is geared towards fostering resilience, hope, and self-sufficiency among vulnerable populations, including children, refugees, and internally displaced persons, as well as wounded defenders undergoing treatment.

To accomplish this, Nova Ukraine provides essential aid to those in need. The nonprofit works in partnership with local volunteer groups, hospitals, state services, and local authorities to ensure the people of Ukraine have access to resources for cultural growth and social mobility. These efforts aim to create an environment where the Ukrainian people can thrive in the future.

In their mission to uplift Ukraine and its population, Novas Ukraine is committed to supporting the nation's building process. They believe that by providing essential aid to vulnerable groups and fostering a sense of empowerment and self-sufficiency, they can help create a brighter future for the people of Ukraine. No matter the challenges, Nova Ukraine remains steadfast in its dedication to the Ukrainian people and their journey towards a stronger, more prosperous nation.

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Impact




October, 2024

Nova Ukraine has had a significant impact on the humanitarian landscape in Ukraine, especially since 2014. By providing essential aid to vulnerable populations—including children, refugees, and wounded defenders—the organization addresses immediate needs while fostering resilience and self-sufficiency among its beneficiaries.

Having sent over $83 million worth of aid, Nova Ukraine’s efforts extend beyond simple relief; they encompass a broad range of initiatives aimed at cultural growth and social mobility. Through fundraisers, cultural events, and roundtable discussions, they raise awareness about Ukraine both in the U.S. and globally, strengthening the connection between communities and highlighting the ongoing challenges faced by the Ukrainian people.

Their partnerships with local volunteers, hospitals, state services, and authorities enhance the delivery of aid and ensure that support is tailored to the specific needs of various groups. This comprehensive approach not only aids those in critical need but also contributes to building an empowered civil society capable of fostering a flourishing nation. The impact of Nova Ukraine is felt not only through its direct support but also as a catalyst for hope and resilience within the Ukrainian community.




This information is meant to be a general summary of Nova Ukraine. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$75,207,108 (2022)
Expenses
$56,570,183 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $24,969
  • Gross Receipts: $75,237,685

Assets and Liabilities:

  • Total Assets: $19,008,324
  • Total Liabilities: $374,756
  • Net Assets: $18,633,568

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Organization Details

Founding Year

2014

Principal Officer

Milena Naymark

Main Address

963 MEARS CT, STANFORD, CA, 94305

NTEE Category

Code: Q12 - International

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