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Nonprofit · EIN 88-2437069

PROTEZ FOUNDATION

Tax-exempt · OAKDALE, MN 55128

Financials

$3.5M$3.6M2023$5M$3.9M2024
Revenue Expenses · by fiscal year end
Financials of PROTEZ FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,028,277$3,858,667$1,169,610$3,728,160$1,826,866$1,901,294
December 31, 2023990$3,540,039$3,577,052-$37,013$760,728$451,004$309,724
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,031,427
Program service revenue
$0
Investment income
$9
Net income from fundraising events
-$3,159
Other revenue
-$3,159

Expenses

Grants and similar amounts paid
$13,599
Compensation of officers, directors and key employees
$267,640
Other salaries and wages
$385,831
Salaries, compensation and benefits (total)
$739,489
Professional fundraising fees
$0
Occupancy
$319,807
Travel
$216,169
Depreciation
$53,026
Program services (functional)
$3,486,627
Management and general (functional)
$223,280
Fundraising (functional)
$148,760

Balance sheet and other

Total assets, start of year
$760,728
Total assets, end of year
$3,728,160
Total liabilities, end of year
$1,826,866
Net assets, end of year
$1,901,294
Land, buildings and equipment
$938,816
Net assets without donor restrictions
$1,069,766
Net assets with donor restrictions
$831,528
Gross receipts
$5,074,811
Employees
14
Volunteers
100
Year formed
2022
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
YAKOV GRADINARVP CMO
Trustee or director, Officer
40$124,800
YURA AROSHIDZEPRESIDENT
Trustee or director, Officer
40$83,200
IVANNA GRADINARTREASURER
Trustee or director, Officer
40$30,000
ANDREY MADANSECRETARY
Trustee or director, Officer
20$29,640
VALENTYNA PAVSYUKOVABOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
DR YAKOV GRADINARVICE-PRESIDENT
Trustee or director, Officer
40$124,800
YURY AROSHIDZEPRESIDENT
Trustee or director, Officer
40$83,200
IVANNA GRADINARTREASURER
Trustee or director, Officer
40$31,200
ANDREY MADANSECRETARY
Trustee or director, Officer
40$29,640
VALENTYNA PAVSYUKOVABOARD MEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
3510 HOPKINS PL N, OAKDALE, MN 55128-7578
In care of
% YURY ARASHYDZE
Principal officer (990 for 2024)
YURA AROSHIDZE, 3510 HOPKINS PLACE W1300, OAKDALE, MN 55128
Signed the 990
YURA AROSHIDZE, PRESIDENT
Phone
(612) 447-7766
Return prepared by
BOYUM & BARENSCHEER PLLP

Mission

THE FOUNDATION PROVIDES FREE PROSTHETICS AND OTHER RESOURCES FOR THOSE WHO LOST THEIR LIMBS IN UNDERSERVED AREAS OF THE WORLD. THE FOUNDATION'S GOAL IS TO COVER ALL FINANCIAL NEEDS FOR A PERSON TO GET FITTED FOR PROSTHETICS. THE FOUNDATION PROVIDES ORIENTATION, LOGISTICS AND PSYCHOLOGICAL SUPPORT FOR ALL PATIENTS. THE FOUNDATION'S GOAL IS TO PROVIDE EDUCATION, MATERIALS, SUPPLIES AND TOOLS TO IMPROVE MEDICAL CARE IN UNDERSERVED AREAS OF THE WORLD.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FOUNDATION PROVIDES PROSTHETICS ALONG WITH PERSONALIZED TRAINING AND SUPPORT FOR INDIVIDUALS WHO LOST LIMBS IN UKRAINE. THE FOUNDATION OFFERS EMOTIONAL SUPPORT DURING RECOVERY BY CREATING A POSITIVE AND ENCOURAGING ENVERONMENT. WE INVITE GUESTS WHO SHARE THEIR INSPIRING RECOVERY STORIES TO MOTIVATE AND UPLIFT OTHERS. THE FOUNDATION PROVIDED 273 UKRAINIANS WITH PROSTHETICS IN 2024.
    Expenses $3,478,745 · grants $13,599
  • AS PART OF THE FOUNDATIONS ONGOING INITIATIVES, THE PROTEZ ACADEMY CONTINUED ITS IMPACTFUL WORK THROUGHOUT 2024. ESTABLISHED BY A DEDICATED TEAM OF U.S. PROFESSIONALS AND FACULTY SPECIALIZING IN PROSTHETICS, PHYSICAL REHABILITATION, AND SURGERY, THE ACADEMY EMPOWERS UKRAINIAN MEDICAL SPECIALISTS TO LEARN, CONNECT, AND GROW ALONGSIDE THEIR PEERS IN THE UNITED STATES. IN 2024, 33 NEW SPECIALISTS COMPLETED TRAINING IN THE U.S., FURTHER EXPANDING THE NETWORK OF EXPERTS SUPPORTING PATIENTS ON THEIR JOURNEY TO RECOVERY. TO STRENGTHEN THIS GROWING COMMUNITY, PROTEZ ACADEMY HOSTED A TWO-DAY AMPUTEE REHAB SUMMIT IN KYIV, GATHERING MORE THAN 450 PARTICIPANTS INCLUDING PROSTHETISTS, SURGEONS, OCCUPATIONAL THERAPISTS, AND CAREGIVERS ALL UNITED BY A SHARED MISSION: TO EXCHANGE KNOWLEDGE, COLLABORATE, AND BRING HOPE TO THOSE REBUILDING THEIR LIVES. ADDITIONALLY, THE PROTEZ FOUNDATION ORGANIZED A VETERANS APPRECIATION DINNER IN KYIV, WHERE AROUND 150 VETERANS ATTENDED AND FELT DEEPLY VALUED AND RECOGNIZED FOR THEIR SACRIFICE.
    Expenses $7,882

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
88-2437069
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E50)
Assets (IRS master file)
$3,728,160
Income (IRS master file)
$5,074,811

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,028,277$3,858,667$3,728,160IRS
990December 2023$3,540,039$3,577,052$760,728XML
990December 2022$1,018,857$673,983$558,387IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 88-2437069).

Questions about PROTEZ FOUNDATION

What is the EIN of PROTEZ FOUNDATION?
The employer identification number (EIN) of PROTEZ FOUNDATION is 88-2437069.
Is PROTEZ FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to PROTEZ FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PROTEZ FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PROTEZ FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PROTEZ FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PROTEZ FOUNDATION?
The 990 for the year ended December 31, 2024 names YURA AROSHIDZE.
Who are the officers and directors of PROTEZ FOUNDATION?
The 990 for the year ended December 31, 2024 lists 5 people; 4 received compensation from the organization, the highest $124,800 (YAKOV GRADINAR, VP CMO).
How much revenue does PROTEZ FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,028,277, expenses of $3,858,667 and total assets of $3,728,160 at year end.

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