2024-11-14T09:33:19-06:00 2023-12-31 463220328 AKINS HENKE AND COMPANY 600 INWOOD AVENUE NORTH SUITE 160 OAKDALE MN 55128 990 2023-01-01 882437069 PROTEZ FOUNDATION PROT 6127724777 3510 HOPKINS PLACE W1300 OAKDALE MN 55128 YAKOV GRADINAR VICE-PRESIDENT 6127724777 2024-11-11 1 1 GEORGIA M AKINS P00950359 6516363806 2024-11-11 2023 2024-10-15 13:58:12Z X YURY AROSHIDZE 3510 HOPKINS PLACE W1300 OAKDALE MN 55128 3645472 0 X PROTEZFOUNDATION.ORG X 2022 MN PROTEZ FOUNDATION'S MISSION IS TO HELP PEOPLE WHO HAVE LOST LIMBS TO RESTORE THEIR QUALITY OF LIFE. 5 1 8 150 0 0 1018857 3605322 0 0 0 39 0 -65322 1018857 3540039 25000 57478 0 0 42866 441822 0 0 93955 606117 3077752 673983 3577052 344874 -37013 558387 760728 213513 451004 344874 309724 X THE FOUNDATION PROVIDES FREE PROSTHETICS AND OTHER RESOURCES FOR THOSE WHO LOST THEIR LIMBS, ESPECIALLY AS A RESULT OF WARS, 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. 0 0 3318937 57478 THE FOUNDATION PROVIDES PROSTHETICS ALONG WITH PERSONALIZED TRAINING AND SUPPORT FOR INDIVIDUALS WHO LOST LIMBS IN UKRAINE. THE FOUNDATION ALSO PROVIDES MENTAL HEALTH AND EMOTIONAL SUPPORT DURING RECOVERY. THE FOUNDATION PROVIDED 83 UKRAINIANS WITH PROSTHETICS IN 2023. 79442 AS PART OF THE FOUNDATION'S PROGRAMMING, THE FOUNDATION CREATED PROTEZ ACADEMY IN 2023. THIS IS AN EDUCATIONAL PROGRAM CREATED BY A TEAM OF U.S. PROFESSIONALS AND FACULTY IN THE FIELD OF PROSTHETISTS, PHYSICAL REHABILITATION, AND SURGEONS AIMED AT FACILITATING THE EXPERTISE EXCHANGE BETWEEN UKRAINIAN MEDICAL PROFESSIONALS AND THEIR COUNTERPARTS IN THE U.S. THE FOUNDATION TRAINED 47 SPECIALISTS IN 2023. 3398379 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 8 1 0 1 UP 0 0 0 1 1 0 0 0 0 0 0 X 5 1 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X IVANNA GRADINAR 6127724777 3510 HOPKINS PLACE W130D OAKDALE MN 55128 YURY AROSHIDZE PRESIDENT 40.00 X X 83200 0 0 DR YAKOV GRADINAR VICE-PRESIDENT 40.00 X X 124800 0 0 IVANNA GRADINAR TREASURER 40.00 X X 31200 0 0 ANDREY MADAN SECRETARY 40.00 X X 29640 0 0 VALENTYNA PAVSYUKOVA BOARD MEMBER 2.00 X 0 0 0 268840 0 0 1 0 0 0 0 123551 3481771 3605322 39 39 40111 123551 105433 -65322 -65322 3540039 0 0 -65283 57478 57478 268841 217465 12367 39009 131551 107490 6044 18017 41430 33760 1904 5766 15634 15634 29336 20479 3581 5276 53000 13862 36666 2472 194077 190963 1893 1221 424187 424187 48549 48549 10194 9990 102 102 7446 7298 74 74 PROSTHETIC SUPPLIES 1914758 1914758 PATIENT EXPENSES 213289 213289 CLINIC NEEDS 89443 83440 6003 FABRICATION 36793 36793 41046 18578 450 22018 3577052 3398379 84718 93955 412100 130636 2500 4882 222414 11296 31557 211118 112230 414092 558387 760728 100575 25513 112938 425491 213513 451004 X 344874 309724 344874 309724 558387 760728 X -37013 1863 X 0 1 X 1 0 X 1018857 3605322 4624179 1018857 3605322 4624179 117516 4506663 39 39 4624218 40111 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 156662 2689 153973 65752 8607 57145 211118 RIGHT OF USE ASSETS-OPERATING LEASES 414092 414092 LEASE LIABILITY-OPERATING LEASES 425491 425491 X 3625592 80700 4853 85553 3540039 0 3540039 3660742 80700 2990 83690 3577052 0 3577052 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT COULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: OTHER FUNDRAISING EXPENSES 2,990. GAIN ON CHANGE IN FOREIGN CURRENCY 1,863. PART XII, LINE 2D - OTHER ADJUSTMENTS: OTHER FUNDRAISING EXPENSES 2,990. 1 RUSSIA AND NEIGHBORING STATES 1 7 PROGRAM SERVICES PROSTHETICS FOR UKRAINIAN CITIZENS 327542 1 7 0 0 1 7 327542 0 327542 RUSSIA AND NEIGHBORING STATES PROSTHETICS FOR UKRAINIAN CITIZENS 54200 WIRE TRANSFER 0 1 0 0 0 0 0 0 PART I, LINE 2: GRANTS WERE GIVEN TO PROTEZ FOUNDATION UA, AN UKRAINIAN NONPROFIT THAT SERVICES PATIENTS THAT WERE FITTED IN THE UNITED STATES. BECAUSE OF CONSTANT CONTACT WITH THE DIRECTOR IN UKRAINE THERE WAS ONLY THE NEED OF A VERBAL REPORT ON HOW THE FUNDS WERE USED AND ONCE WE TOOK OVER LEGALLY IN SEPTEMBER 2023, SUPPORT FOR GRANTS GIVEN WERE VERIFIED. GALA - 1 YEAR ANNIVERSARY 92893 68922 23971 4335 24296 14012 24004 WINTER GALA 70769 54629 16140 8104 17551 10200 2931 163662 123551 40111 4335 8104 41847 24212 26935 105433 -65322 DR YAKOV GRADINAR FAMILY RELATIONSHIP 124800 COMPENSATION 0 IVANNA GRADINAR FAMILY RELATIONSHIP 31200 COMPENSATION 0 FORM 990, PART VI, SECTION A, LINE 2 YAKOV GRADINAR AND IVANNA GRADINAR HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION CHANGED ITS LEGAL NAME FROM PROTEZ TO PROTEZ FOUNDATION DURING 2023. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE BOARD BEFORE FILING. UPON THEIR REVIEW AND APPROVAL IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MAKES A POLICY. EVERY WEEK THE BOARD MEETS WE GO THROUGH EVERY DECISION MADE IN THAT DEPARTMENT AND MAKE SURE THAT POLICY IS MET. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL COMPENSATION WAS BASED ON RESEARCH OF COMPENSATION OF FOUNDATIONS OF SIMILAR SIZE. THE BOARD REVIEWED THE RESEARCH AND APPROVED THE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE FOUNDATION WILL MAKE AVAILABLE A PHYSICAL OR ELECTRONIC COPY OF THE FORM 1023, FORM 990 AND SUPPORTING SCHEDULES, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS. FORM 990, PART XI, LINE 9: GAIN ON CHANGE IN FOREIGN CURRENCY 1,863.