ARCHIMEDEAN ACADEMY INC

EIN: 020607904 501(c)(3) Education

MIAMI, FL

Total Revenue
$17,570,814
Total Expenses
$15,793,353
Total Assets
$23,576,114
Net Assets
$5,421,125
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
FL
Principal Officer
DR GEORGE KAFKOULIS
Phone
3052796572
Tax Period
2022-07-01 to 2023-06-30

ARCHIMEDEAN ACADEMY INC, founded in 2002, is a mid-sized nonprofit in the Education sector that reported $17.6M in total revenue in fiscal year 2022. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $15.8M left a modest 10% surplus.

Mission

THE ORGANIZATION IS A CHARTER SCHOOL ORGANIZED UNDER THE FLORIDA STATUTES TO PROVIDE EDUCATIONAL SERVICES TO THE PUBLIC.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $80,683
Program Service Revenue $17,490,131
Investment Income $0
Other Revenue $0
TOTAL REVENUE $17,570,814

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,669,012
Fundraising Expenses $0
Program Expenses $14,294,047
Other Expenses $5,124,341
TOTAL EXPENSES $15,793,353

Year-over-Year Comparison

2022 2021 Change
Revenue $17,570,814 $13,727,138 +0.3%
Expenses $15,793,353 $13,734,415 +0.1%
Net Income $1,777,461 $-7,277 -245.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
248
Volunteers
223

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$113,000
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR GEORGE KAFKOULIS PRESIDENT 15.00
Officer Director
$0 $0 $0
ALECO HARALAMBIDES ESQ VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
JEFFREY TARABOULOS TREASURER 10.00
Officer Director
$0 $0 $0
FRANK BERRIZBEITIA SECRETARY & BOARD MEMBER 10.00
Officer Director
$0 $0 $0
APLATON ALEXANDRAKIS BOARD MEMBER 10.00
Director
$0 $0 $0
DR KONSTANTINOS BOUKAS BOARD MEMBER 10.00
Director
$0 $0 $0
DR ANDRES TREMANTE MORAKIS BOARD MEMBER 10.00
Director
$0 $0 $0
ALEXANDROS KATSIKAS BOARD MEMBER 5.00
Director
$0 $0 $0
DIMITRIOS BARDOUTSOS CHIEF EXECUTIVE BUSINESS O 40.00
Officer
$107,000 $6,000 $113,000
DEMETRIOS DEMOPOULOS DIRECTOR OF MIDDLE AND HIG 1.00
Highest
$120,500 $6,000 $126,500
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $17,570,814 $15,793,353 $23,576,114 $1,777,461
2022 $13,727,138 $13,734,415 $22,575,102 $-7,277
2021 $13,518,784 $12,455,735 $22,513,613 $1,063,049
2020 $12,220,123 $12,604,870 $5,135,881 $-384,747
2019 $12,342,670 $12,659,772 $3,866,426 $-317,102
2018 $12,209,489 $11,501,277 $4,308,993 $708,212
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