Ascent Russian Orphan Aid Foundation

Also Known As: iOrphan

PO Box 1305
Palmer, AK 99645

http://www.iorphan.org

Mission and Programs

Mission

* Provide basic necessities such as food, clothing and shelter to orphans and homeless children. * Assist them in gaining necessary skills to become self-supporting functional members of society. * Increase public awareness to the needs of all disadvantaged and less fortunate children.

Programs

Program:
Budget: NaN
Category:
Population Served:

Program Description:

The projects that we support include: * providing food, clothes and medicine; * buying basic appliances like heaters, cooking stoves, refrigerators, washing machines, and more; * fixing leaking roofs, installing showers and toilets, replacing windows, and more.

NTEE Code

Q30 (International Development, Relief Services)
P30 (Children's and Youth Services)
K30 (Food Service, Free Food Distribution Programs)

Chief Executive Profile

Kirill V. Bogouslavski, CFA; MBA, Ohio State University; MIS, Far-Eastern State University.

Financial Data

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Digitizing IRS Form 990 Data >

Revenue and Expenses Fiscal Year Ending December 31, 2007

Revenue

Contributions	$0
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue:	$347,434

Expenses

Program Services	$135,992
Administration	$0
Other	$0
Total Expenditures:	$135,992

Net Gain/Loss:

Balance Sheet Fiscal Year Ending December 31, 2007

Note: The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Assets	January 1, 2007	December 31, 2007	Change
Cash & Equivalent	$16,999	$213,571	$196,572
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable/Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment/Securities	$33,056	$32,817	($239)
Investment/Other	$0	$0	$0
Fixed Assets	$0	$0	$0
Other	$0	$0	$0
Total Assets:	$50,055	$246,388	$196,333

Liabilities	January 1, 2007	December 31, 2007	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities:	$0	$0	$0

Fund Balance:

Basic Information

This organization is a 501(c)(3) Public Charity.
This organization is required to file an IRS Form 990 or 990-EZ.
Financial information in this report is derived from the organization's December 31, 2007 Form 990.

Executive

Mr. Kirill Bogouslavski

Contact

Mr. Jonathan Soverns, Vice President of Operations

Phone

907 -982-5209

Fax

309 -4221874

Email

jonathan@iorphan.org

EIN:	91-2192371
Year Founded:	2003
Ruling Year:	2003

Fiscal Year End Date:	December 31, 2007
Assets:	$246,388 (from Dec 31, 2007 Form 990)
Income:	$347,434 (from Dec 31, 2007 Form 990)

No. of Board Members:	3
No. of Full-Time Employees:	0
No. of Part-Time Employees:	4
No. of Volunteers:	21

Location(s) Served

Internationally

Board of Directors

Leanna Roberts - Vice President of Business Development
Jonathan Soverns - Vice President of Operations

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