Ukrainian National Association Inc
Ukrainian National Association Inc: Stable Finances, Low Program Spending
EIN: 221172212 · Parsippany, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $33.7M |
| Total Expenses | $21.3M |
| Program Spending | 20% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $11.9M |
| Transparency Score | 65/100 |
Is Ukrainian National Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ukrainian National Association Inc directs 20% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Ukrainian National Association Inc
Ukrainian National Association Inc (EIN: 221172212) is a nonprofit organization based in Parsippany, NJ. The organization reported total revenue of $33.7M and total assets of $172.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ukrainian National Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ukrainian National Association Inc is a large nonprofit that has been operating for 85 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -7.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $21.7M |
| Total Expenses | $21.3M |
| Surplus / Deficit | +$369K |
| Total Assets | $180.9M |
| Total Liabilities | $169.0M |
| Net Assets | $11.9M |
| Operating Margin | 1.7% |
| Debt-to-Asset Ratio | 93.4% |
| Months of Reserves | 101.9 months |
Financial Health Grade: A
In 2022, Ukrainian National Association Inc reported a surplus of $369K with revenue exceeding expenses, holds 101.9 months of operating reserves (strong position), has a debt-to-asset ratio of 93.4% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Ukrainian National Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -1.2% | -2.3% | +1.1% |
| 2021 | +31.4% | +33.5% | +4.4% |
| 2020 | +26.3% | +31.4% | -2.1% |
| 2019 | -3.3% | -6.9% | -3.1% |
| 2018 | -25.9% | -21.9% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1941 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ukrainian National Association Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 40%
- programs: 20%
- fundraising: 40%
According to IRS 990 filings, Ukrainian National Association Inc allocates its expenses as follows: admin: 40%, programs: 20%, fundraising: 40%. Only 20% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $369K, with revenue exceeding expenses.
- Debt-to-asset ratio: 93.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, which is unusual for an organization of this size and may warrant further investigation into how leadership is compensated.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Ukrainian National Association Inc's IRS 990 filings:
- Consistently low program spending relative to administrative and fundraising costs.
- Reporting $0 for compensation across all years could be a red flag for transparency regarding leadership compensation.
- Significant assets ($172,947,151 in 2022) with relatively low program expenditures.
Strengths
The following positive indicators were identified for Ukrainian National Association Inc:
- Consistent revenue streams over multiple years.
- Strong asset base, indicating financial stability.
- Long operational history with consistent financial reporting.
Frequently Asked Questions about Ukrainian National Association Inc
Is Ukrainian National Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ukrainian National Association Inc (EIN: 221172212) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Ukrainian National Association Inc spend its money?
Ukrainian National Association Inc directs 20% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ukrainian National Association Inc tax-deductible?
Ukrainian National Association Inc is registered as a tax-exempt nonprofit (EIN: 221172212). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ukrainian National Association Inc CEO make?
Ukrainian National Association Inc's highest-compensated officer earns $0 annually. The organization reported $33.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ukrainian National Association Inc's spending goes to programs?
Ukrainian National Association Inc directs 20% to programs, 40% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Ukrainian National Association Inc located?
Ukrainian National Association Inc is headquartered in Parsippany, New Jersey and files with the IRS under EIN 221172212.
How many years of IRS 990 filings does Ukrainian National Association Inc have?
Ukrainian National Association Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $33.7M in total revenue.
What does Ukrainian National Association Inc do?
Ukrainian National Association Inc is a nonprofit organization in the Unknown sector, located in Parsippany, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Ukrainian National Association Inc have?
Ukrainian National Association Inc reported total revenue of $33,744,523. Based on 12 IRS 990 filings on record.
What are Ukrainian National Association Inc's total assets?
Ukrainian National Association Inc holds total assets of $172,947,151 as reported in IRS 990 filings.
Where is Ukrainian National Association Inc located?
Ukrainian National Association Inc is based in Parsippany, New Jersey.
What is Ukrainian National Association Inc's EIN?
Ukrainian National Association Inc's Employer Identification Number (EIN) is 221172212. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Ukrainian National Association Inc?
Ukrainian National Association Inc is classified under NTEE code Unknown (Unknown).
Is Ukrainian National Association Inc a registered 501(c)(3)?
Ukrainian National Association Inc appears in IRS records (EIN: 221172212). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Ukrainian National Association Inc file IRS Form 990?
Yes, Ukrainian National Association Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202212.
What was Ukrainian National Association Inc's revenue in 2022?
In the 202212 filing period, Ukrainian National Association Inc reported total revenue of $21,665,953, total expenses of $21,296,597, and net assets of $180,887,413.
Is Ukrainian National Association Inc's revenue growing or declining?
Ukrainian National Association Inc's revenue is relatively stable. Revenue went from $21,937,849 (202112) to $21,665,953 (202212), a -1.2% change. Based on 12 filings on record.
What is Ukrainian National Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Ukrainian National Association Inc covers tax period 202212. It shows revenue of $21,665,953, expenses of $21,296,597, total assets of $180,887,413, and liabilities of $168,972,379.
How much does Ukrainian National Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Ukrainian National Association Inc allocates approximately 20% of expenses to program services, 40% to administrative costs, and 40% to fundraising. Overhead costs appear high relative to program spending.
Is Ukrainian National Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Ukrainian National Association Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Ukrainian National Association Inc?
The following concerns were identified: Consistently low program spending relative to administrative and fundraising costs.. Reporting $0 for compensation across all years could be a red flag for transparency regarding leadership compensation.. Significant assets ($172,947,151 in 2022) with relatively low program expenditures.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Ukrainian National Association Inc's strengths?
Positive indicators for Ukrainian National Association Inc include: Consistent revenue streams over multiple years.. Strong asset base, indicating financial stability.. Long operational history with consistent financial reporting.. These findings are derived from AI analysis of the organization's financial filings.
How does Ukrainian National Association Inc compensate executives?
Executive compensation is consistently reported as $0 across all available filings, which is unusual for an organization of this size and may warrant further investigation into how leadership is compensated. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the substantial assets and consistent revenue, why is the program spending percentage consistently low, and how does this align with the organization's mission?
The organization consistently reports a high percentage of expenses allocated to administrative and fundraising activities, with program spending often below 20%. For example, in 2022, total expenses were $21,296,597, and with 0% compensation, it suggests a significant portion is not directly funding programs, which could impact mission effectiveness despite financial stability.
Filing History
IRS 990 filing history for Ukrainian National Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Ukrainian National Association Inc's revenue has declined by 58.5%, moving from $52.2M to $21.7M. Total assets increased by 0.6% over the same period, from $179.8M to $180.9M. Total functional expenses fell by 60.4%, from $53.8M to $21.3M. In its most recent filing year (2022), Ukrainian National Association Inc reported a surplus of $369K, with revenue exceeding expenses. The organization holds $169.0M in liabilities against $180.9M in assets (debt-to-asset ratio: 93.4%), resulting in net assets of $11.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $21.7M | $21.3M | $180.9M | $169.0M | — | — |
| 2021 | $21.9M | $21.8M | $179.0M | $167.3M | — | View 990 |
| 2020 | $16.7M | $16.3M | $171.3M | $160.0M | — | View 990 |
| 2019 | $13.2M | $12.4M | $175.0M | $163.7M | — | — |
| 2018 | $13.7M | $13.4M | $180.5M | $169.5M | — | View 990 |
| 2017 | $18.4M | $17.1M | $187.8M | $177.2M | — | View 990 |
| 2016 | $17.9M | $16.8M | $188.6M | $179.2M | — | View 990 |
| 2015 | $15.6M | $14.2M | $191.0M | $182.7M | — | View 990 |
| 2014 | $27.5M | $25.2M | $198.0M | $190.6M | — | View 990 |
| 2013 | $32.2M | $31.9M | $191.1M | $187.0M | — | View 990 |
| 2012 | $30.2M | $30.6M | $184.9M | $181.1M | — | View 990 |
| 2011 | $52.2M | $53.8M | $179.8M | $175.9M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $21.7M, expenses of $21.3M, and assets of $180.9M (revenue -1.2% year-over-year).
- 2021: Revenue of $21.9M, expenses of $21.8M, and assets of $179.0M (revenue +31.4% year-over-year).
- 2020: Revenue of $16.7M, expenses of $16.3M, and assets of $171.3M (revenue +26.3% year-over-year).
- 2019: Revenue of $13.2M, expenses of $12.4M, and assets of $175.0M (revenue -3.3% year-over-year).
- 2018: Revenue of $13.7M, expenses of $13.4M, and assets of $180.5M (revenue -25.9% year-over-year).
- 2017: Revenue of $18.4M, expenses of $17.1M, and assets of $187.8M (revenue +2.9% year-over-year).
- 2016: Revenue of $17.9M, expenses of $16.8M, and assets of $188.6M (revenue +15.1% year-over-year).
- 2015: Revenue of $15.6M, expenses of $14.2M, and assets of $191.0M (revenue -43.4% year-over-year).
- 2014: Revenue of $27.5M, expenses of $25.2M, and assets of $198.0M (revenue -14.5% year-over-year).
- 2013: Revenue of $32.2M, expenses of $31.9M, and assets of $191.1M (revenue +6.5% year-over-year).
- 2012: Revenue of $30.2M, expenses of $30.6M, and assets of $184.9M (revenue -42.1% year-over-year).
- 2011: Revenue of $52.2M, expenses of $53.8M, and assets of $179.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ukrainian National Association Inc:
Data Sources and Methodology
This transparency report for Ukrainian National Association Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.