Form 990 for tax year 2024
Filed by UKRAINIAN CATHOLIC EDUCATION FOUNDATION.
Totals
- Total revenue
- $12,452,297
- Total expenses
- $6,386,898
- Contributions and grants received
- $9,393,086
- Grants paid
- $4,318,572
- Program service revenue
- $0
- Investment income
- $3,153,683
- Other revenue
- -$94,472
- Total assets, end of year
- $28,001,759
- Total liabilities, end of year
- $2,324,274
- Net assets or fund balances, end of year
- $25,677,485
- Program services expenses (Part IX)
- $4,515,496
- Management and general expenses
- $676,344
- Fundraising expenses
- $1,195,058
- Program service expenses (Part III)
- $4,515,496
Program services were 70.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$663,923
-
1f · All other contributions, gifts and grants
$8,729,163
-
1g · Noncash contributions included above
$3,000
-
3 · Investment income
total $692,381 · excluded $692,381
-
7a · Gross sales of assets other than inventory
securities $10,690,765
-
7b · Less cost or other basis and sales expenses
securities $8,229,463
-
7c · Gain or loss
securities $2,461,302
-
7d · Net gain or loss
total $2,461,302 · excluded $2,461,302
-
8a · Fundraising events: gross income
$57,140
-
8a · Fundraising events: contributions included on line 1c
$663,923
-
8b · Fundraising events: direct expenses
$151,612
-
8c · Net income from fundraising events
total -$94,472 · excluded -$94,472
Functional expenses
Part IX, the statement of functional expenses.
-
3 · Grants to foreign organizations and individuals
total $4,318,572 · program services $4,318,572
-
5 · Compensation of officers, directors and key employees
total $258,662 · program services $28,822 · management and general $78,560 · fundraising $151,280
-
7 · Other salaries and wages
total $539,628 · program services $62,973 · management and general $162,922 · fundraising $313,733
-
9 · Other employee benefits
total $212,981 · program services $23,732 · management and general $64,686 · fundraising $124,563
-
10 · Payroll taxes
total $44,357 · program services $5,299 · management and general $11,838 · fundraising $27,220
-
11f · Fees: investment management
total $40,760 · management and general $40,760
-
11g · Fees: other
total $291,954 · management and general $200,420 · fundraising $91,534
-
13 · Office expenses
total $270,306 · management and general $13,405 · fundraising $256,901
-
16 · Occupancy
total $38,054 · program services $22,200 · management and general $15,854
-
17 · Travel
total $90,831 · management and general $15,284 · fundraising $75,547
-
22 · Depreciation, depletion and amortization
total $1,836 · management and general $1,836
-
23 · Insurance
total $9,524 · management and general $9,524
-
24a · Other expenses: Events Expense
total $120,406 · fundraising $120,406
-
24b · Other expenses: Bad Debt Expense
total $50,078 · program services $50,078
-
24c · Other expenses: Dues & subscriptions
total $46,559 · program services $675 · management and general $38,432 · fundraising $7,452
-
24d · Other expenses: Supplies
total $34,011 · program services $3,120 · management and general $9,607 · fundraising $21,284
-
24e · All other expenses
total $18,379 · program services $25 · management and general $13,216 · fundraising $5,138
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $5,119,506 · end of year $2,961,301
-
4 · Accounts receivable
end of year $466,850
-
9 · Prepaid expenses and deferred charges
beginning of year $8,371 · end of year $14,159
-
10a · Land, buildings and equipment: cost or other basis
$91,297
-
10b · Land, buildings and equipment: accumulated depreciation
$91,297
-
10c · Land, buildings and equipment, net
beginning of year $1,835 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $17,333,295 · end of year $23,550,068
-
12 · Investments: other securities
beginning of year $55,022 · end of year $56,218
-
13 · Investments: program-related
beginning of year $750,000 · end of year $950,000
-
15 · Other assets
beginning of year $0 · end of year $3,163
-
17 · Accounts payable and accrued expenses
beginning of year $3,096,201 · end of year $1,754,532
-
19 · Deferred revenue
end of year $10,000
-
24 · Unsecured notes and loans payable
beginning of year $559,742 · end of year $559,742
-
27 · Net assets without donor restrictions
beginning of year $16,340,918 · end of year $16,971,652
-
28 · Net assets with donor restrictions
beginning of year $3,271,168 · end of year $8,705,833
Mission and programs · 2024
Mission
Through its fundraising activities in the United States, Foundation assists the Ukrainian Catholic University in meeting its educational goals and financial needs and supports its successes as one of the top universities and the premier Catholic educational institution in Ukraine.
Activities or mission (Part I)
Foundation supports Ukrainian Catholic University, one of the top universities in Ukraine and the premier Catholic educational institution.
-
The Foundation's program services include:* Institutional Support Helps Ukrainian Catholic University in Ukraine to meet present needs and develop endowments and funding streams for the future.* Information and Education Promotes public awareness and distributes material about Ukrainian history, culture and spirituality, fostering a deeper knowledge in the United States of the Ukrainian Catholic University.* Exchange Program Facilitates opportunities both for Ukrainian students and faculty to study or intern in the United states and for North American teachers , professors, and other professionals to volunteer in Ukraine.*Teaching Materials Program Collects books and other educational resources in the United States to help rebuild libraries of Catholic institutions in Ukraine.
Expenses $4,515,496 · Grants $4,318,572
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Taras Szmagala
Chairman
- Total calculated
- $0
- Hours/week
- 12
-
Natalia Klymovska
Director
- Total calculated
- $0
- Hours/week
- 2
-
Anne Chermak Dillen
Director
- Total calculated
- $0
- Hours/week
- 7
-
Boris Lushniak
Director
- Total calculated
- $0
- Hours/week
- 2
-
Nancy Boitnott
Director
- Total calculated
- $0
- Hours/week
- 2
-
Catherine Stecyk
Director
- Total calculated
- $0
- Hours/week
- 3
-
Nataliya Anon
Director
- Total calculated
- $0
- Hours/week
- 2
-
Andrew Lencyk
Director
- Total calculated
- $0
- Hours/week
- 7
-
Hellen Kryshtalowych
Director
- Total calculated
- $0
- Hours/week
- 3
-
Kristina Chehade
Chief Growth Officer
- Total calculated
- $105,303
- From this org
- $105,303
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Annetta Hewko
Executive Director
- Total calculated
- $147,635
- From this org
- $147,635
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
Angel One LLC
IL
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 April 2026
- IRS schema version
- 2024v5.5
- Source object
- 202641009349301004
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