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Nova Ukraine

Palo Alto, CA · EIN 46-5335435 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Nova Ukraine reported $41.2 million in revenue and $31.4 million in expenses for calendar year 2024. Of every $100 it spent, $93.55 went to program services, $3.86 to management and general costs and $2.59 to fundraising. Its largest source of revenue was contributions and grants: 98.6% of the total. The highest compensation it reported for one person was $187,097 (CDO). 2 people received more than $100,000 in reportable compensation. Revenue rose 11240% between 2020 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $31M

For context, the median across 469 covered international, foreign affairs & national security charities: $89.04 programs, $8.28 management, $2.68 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $41M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 469 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
93.5%86.1%
Management & general
Part IX 25(C) ÷ 25(A)
3.9%8.0%
Fundraising
Part IX 25(D) ÷ 25(A)
2.6%2.6%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.02$0.03
Contributions & grants share of revenue
Part VIII 1h ÷ 12
98.6%96.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.0%0.0%
Highest reported compensation
Part VII-A, columns D–F
$187,097$341,362
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.60%1.06%
People paid over $100,000
Part VII, line 2
210
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
10.47.5
Independent voting board members
Part VI 1a–1b
7 of 7100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$11M expenses · 37.6% of program spending · grants $11M

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…

$3.3M expenses · 11.3% of program spending · grants $3.2M

Our disaster relief efforts program is dedicated to providing immediate and effective assistance to communities impacted by the ongoing conflict in ukraine. Collaborating closely with trusted local partners and volunteers, we address critical needs arising from shelling, displacement, and infrastructure damage to restore safety and normalcy to affected regions. Through our focus on building resilient communities, we aim not only to respond to immediate crises but also to strengthen the capacity of communities to withstand and recover from future challenges. Among other fields of our…

$2.1M expenses · 7.1% of program spending · grants $1.9M

The "Nova Ukraine" foundation has opened 50 extracurricular learning centers in ukraine, which provide children with opportunities to engage in various educational programs, leisure activities, and peer socialization. We also support existing organizations who provide extracurricular education. The learning centers will be free, and open to visitors through february 2025. Each center will be fully equipped with child-friendly furniture, developmental toys and games, stationery supplies, as well as equipment to facilitate online learning such as computers, monitors, or tvs. The centers are…

$13M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CDO
Officer, 40.00 hrs/week
$176,250$0$10,847$187,097
GENERAL MANAGER
Highest compensated employee, 40.00 hrs/week
$120,000$0$5,939$125,939

2 people received more than $100,000 in reportable compensation from Nova Ukraine (Part VII, line 2). Compensation of current officers, directors and key employees totaled $176K (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M20202021202220232024$41M$31M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$41M$31M93.5%$27M$187,097
2023 ⓘ$31M$34M96.7%$17M$114,000
2022 (amended) ⓘ$75M$57M98.4%$19M—
2021 ⓘ$366K$294K96.9%$151K—
2020 ⓘ$363K$339K98.9%$79,884—

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 55
  • Volunteers Part I, line 6125

Private foundation grants it received

49 private foundations reported grants to Nova Ukraine totaling $428K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Nova Ukraine's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Nova Ukraine, you can publish a response that is linked from this page.

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Questions people ask

How much of Nova Ukraine's spending goes to programs?

In calendar year 2024, Nova Ukraine reported that 93.5% of its $31.4 million in expenses went to program services, 3.9% to management and general and 2.6% to fundraising (Form 990, Part IX).

How much does Nova Ukraine pay its top executive?

The largest total compensation Nova Ukraine reported for one person in calendar year 2024 was $187,097, for the role of CDO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Nova Ukraine get its money?

Of $41.2 million in revenue in calendar year 2024, 98.6% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Nova Ukraine a registered charity?

The IRS lists EIN 46-5335435 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503149349302580 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403119349303195 · read the filing
  • 2022: Form 990 for calendar year 2022 (amended), object 202420899349301117 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233189349319473 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143169349305049 · read the filing

All filings for EIN 46-5335435: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.