Psi Kyiv Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
PSI IS A CO-EDUCATIONAL SCHOOL IN UKRAINE THAT SERVES ABOUT 150 STUDENTS, AGED 3 TO 18 YEARS AND WHOSE FAMILIES ORIGINATE FROM MORE THAN 15 DIFFERENT COUNTRIES.
- Income
- $3.5 million
- Spending
- $4.4 million
- Spent on programs
- 62%
- Reserves
- 16.8 months of spending
- Largest source of income
- fees for its services, 94%
- Employees
- 0
- Volunteers
- 12
- Highest pay
- $191,595, ceo
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 74 out of 100. Higher than 57% of charities in its peer group (education, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 16.8 months of spending.
Debt
16 of 20It owes 21% of what it owns.
Living within its means
0 of 15Spending exceeded income by 27% of income.
Income trend
15 of 15Income rose 333% on the year before.
Spending floor
8 of 1562% of spending went to programs.
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100. Higher than 57% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 2512 of 12 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $2.7 million spent. PSI IS A CO-EDUCATIONAL SCHOOL IN UKRAINE THAT SERVES ABOUT 150 STUDENTS, AGED 3 TO 18 YEARS AND WHOSE FAMILIES ORIGINATE FROM MORE THAN 15 DIFFERENT COUNTRIES. THE MAJORITY OF THE SCHOOLS' PARENTS ARE EXPATRIATES LIVING IN UKRAINE AND SERVING IN DIPLOMATIC, GOVERNMENT, AND BUSINESS ROLES IN THE COMMUNITY. NOTABLY, A NUMBER OF THE PARENTS ARE EMPLOYED BY THE U.S. DEPARTMENT OF STATE AND WORK AT THE U.S. EMBASSY IN KYIV, UKRAINE. FOR THIS REASON, THE SCHOOL IS SUPPORTED BY THE U.S. DEPARTMENT OF STATE OFFICE OF OVERSEAS SCHOOLS, AN ADMINISTRATIVE DIVISION THAT HELPS PROVIDE QUALITY EDUCATION TO CHILDREN OF U.S. CITIZENS WORKING FOR THE U.S. GOVERNMENT ABROAD. PSI PROVIDES A RENOWNED INTERNATIONAL CURRICULUM TAUGHT IN AN ENGLISH LANGUAGE ENVIRONMENT. IT IS THE ONLY SCHOOL IN UKRAINE CREDENTIALED TO TEACH THE INTERNATIONAL BACCALAUREATE (IB) PROGRAMS A SET OF PROGRAMS THAT ARE DESIGNED FOR INTERNATIONAL FAMILIES AND ARE BASED ON WORLDWIDE BEST PRACTICES IN TEACHING AN AND LEARNING. STUDENTS WHO GRADUATE FROM HIGH SCHOOL WITH THE PRESTIGIOUS IB DIPLOMA CAN APPLY TO UNIVERSITIES AROUND THE WORLD. PSI IS ALSO THE ONLY SCHOOL IN UKRAINE THAT HOLDS DUAL ACCREDITATION FROM THE COUNCIL OF INTERNATIONAL SCHOOLS (CIS) IN EUROPE AND THE NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES (NEASC) IN THE U.S. THAT MEANS THAT THE SCHOOLS PHILOSOPHY, GOVERNANCE, CURRICULUM, RESOURCES, STAFFING, AND OPERATIONS MEET RIGOROUS STANDARDS SET BY THESE INTERNATIONALLY RECOGNIZED AGENCIES. PSI IS ALSO A MEMBER OF THE EUROPEAN COUNCIL OF INTERNATIONAL SCHOOL (ECIS) AND THE CENTRAL AND EASTERN EUROPEAN SCHOOLS ASSOCIATION (CEESA). THESE AFFILIATES PROVIDE PSI STUDENTS WITH THE OPPORTUNITY TO PARTICIPATE IN INTERNATIONAL SPORTING, CULTURE, AND ACADEMIC EVENTS WITHIN THE EUROPEAN INTERNATIONAL SCHOOLS NETWORK AND PROVIDE PSI STAFF WITH PROFESSIONAL TRAINING BY RECOGNIZED INTERNATIONAL TEACHING CONSULTANTS AND ORGANIZATIONS.
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending July 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2020.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.