THE AMERICAN COLLEGE OF GREECE

EIN: 042306054 501(c)(3) International Affairs

BOSTON, MA

Total Revenue
$89,608,922
Total Expenses
$94,303,310
Total Assets
$116,224,555
Net Assets
$58,140,710
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
CO
Principal Officer
DR EDWARD C WINGENBACH
Phone
8572847908
Tax Period
2024-07-01 to 2025-06-30

THE AMERICAN COLLEGE OF GREECE, founded in 1961, is a mid-sized nonprofit in the International Affairs sector that reported $89.6M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

THE AMERICAN COLLEGE OF GREECE IS AN INDEPENDENT, NOT FOR PROFIT, (CONTINUED ON SCHEDULE O)

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,559,254
Program Service Revenue $86,767,913
Investment Income $559,181
Other Revenue $722,574
TOTAL REVENUE $89,608,922

Expense Breakdown

Grants Paid $12,612,109
Salaries & Benefits $47,250,897
Fundraising Expenses $390,200
Program Expenses $70,299,205
Other Expenses $34,440,304
TOTAL EXPENSES $94,303,310

Year-over-Year Comparison

2024 2023 Change
Revenue $89,608,922 $81,659,784 +0.1%
Expenses $94,303,310 $83,594,848 +0.1%
Net Income $-4,694,388 $-1,935,064 +1.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
19

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
8
$947,687
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR DANIEL SMITH CHAIR 2.00
Officer Director
$0 $0 $0
JOHN CHACHAS VICE CHAIR 2.00
Officer Director
$0 $0 $0
NIKOS KOUMETTIS VICE CHAIR 2.00
Officer Director
$0 $0 $0
ANGELO MANIOUDAKIS VICE CHAIR 2.00
Officer Director
$0 $0 $0
DEBORAH WINCE-SMITH VICE CHAIR 2.00
Officer Director
$0 $0 $0
ALEX ALDOUS SECRETARY 2.00
Officer Director
$0 $0 $0
MICHAEL BAPIS TRUSTEE 2.00
Director
$0 $0 $0
GEORGE CASEY TRUSTEE 2.00
Director
$0 $0 $0
GREG CHASE TRUSTEE 2.00
Director
$0 $0 $0
ANTONY CONTOMICHALOS TRUSTEE 2.00
Director
$0 $0 $0
ALMA DE METROPOLIS TRUSTEE 2.00
Director
$0 $0 $0
DR SUSAN FUHRMAN TRUSTEE 2.00
Director
$0 $0 $0
DR DENA HARITOS TSAMITIS TRUSTEE 2.00
Director
$0 $0 $0
DR MARTHA J KANTER TRUSTEE (THRU 11/2024) 2.00
Director
$0 $0 $0
HARIKLIA KARIS TRUSTEE 2.00
Director
$0 $0 $0
PARIS KARASSO TRUSTEE 2.00
Director
$0 $0 $0
DR HELENA MITCHELL TRUSTEE 2.00
Director
$0 $0 $0
MILTON SIPP TRUSTEE (AS OF 11/2024) 2.00
Director
$0 $0 $0
LENA TRIANTOGIANNIS TRUSTEE 2.00
Director
$0 $0 $0
DR DAVID G HORNER PRESIDENT 35.00
Officer
$266,059 $117,072 $635,296
KELLY A MORRA CFO, SVP FINANCE & U.S. OPERATIONS 28.00
Officer
$0 $60,566 $312,391
NIKOLAOS MYLONOPOULOS PROF DIG BUS, DIR SEV CTR EXCELLENCE 40.00
Highest
$133,789 $39,279 $173,068
PANAGIOTIS VLACHOPOULOS VICE PRESIDENT ACADEMIC AFFAIRS 40.00
Highest
$158,096 $38,557 $196,653
STEFANOS ZARKOS ASSC DEAN ACAD PROG & ASSC PROF FIN 40.00
Highest
$136,569 $41,274 $177,843
KONSTANTINOS AXARLOGLOU PROFESSOR OF INTL. BUSN. & STRATEGY 40.00
Highest
$135,833 $46,075 $181,908
ILIANA LAZANA SENIOR VP OF ADMIN & PIERCE 40.00
Highest
$134,434 $69,819 $204,253
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 $89,608,922 $94,303,310 $116,224,555 $-4,694,388
2024 $81,659,784 $83,594,848 $109,354,268 $-1,935,064
2023 $69,227,780 $73,532,656 $96,565,994 $-4,304,876
2022 $59,872,948 $64,714,418 $82,590,614 $-4,841,470
2021 $58,892,639 $60,338,903 $67,377,188 $-1,446,264
2020 $54,456,100 $55,526,761 $58,422,356 $-1,070,661
2019 $57,433,160 $57,916,969 $58,307,777 $-483,809
2018 $53,714,497 $57,367,646 $55,261,845 $-3,653,149
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