FRIENDS OF THE MALIOTIS CULTURAL CENTER INC (EIN 042711809) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Principal Officer

MARIA KOULMANDA

Phone

6175222800

Tax Period

2019-07-01 to 2020-06-30

FRIENDS OF THE MALIOTIS CULTURAL CENTER INC, founded in 1980, is a small nonprofit that reported $108K in total revenue in fiscal year 2019. Revenue surged 92% from the prior year, signaling strong growth momentum. Expenses of $101K left a modest 7% surplus.

Mission

TO FOSTER, ENCOURAGE AMD DEVELOP APPRECIATION FOR THE ARTS AND THEATER

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $11,950

Program Service Revenue $13,903

Investment Income $82,525

Other Revenue $0

TOTAL REVENUE $108,378

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $49,429

Other Expenses $101,269

TOTAL EXPENSES $101,269

Year-over-Year Comparison

	2019	2018	Change
Revenue	$108,378	$56,368	+0.9%
Expenses	$101,269	$81,999	+0.2%
Net Income	$7,109	$-25,631	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIA KOULMANDA	PRESIDENT	N/A	Director	$0	$0	$0
VASILIOS S SALAPATAS	TREASURER	N/A	Director	$0	$0	$0
PHILIP E SERAFIM	DIRECTOR	N/A	Director	$0	$0	$0
GREGORY STEPHANOPOULOS	VICE PRESIDE	N/A	Director	$0	$0	$0
G LEE TAMIS	DIRECTOR	N/A	Director	$0	$0	$0
EMMANUEL E VELIVASAKIS	DIRECTOR	N/A	Director	$0	$0	$0
EMMANUEL E VELIVASAKIS	DIRECTOR	N/A	Director	$0	$0	$0

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
2020	$108,378	$101,269	$167,872	$7,109
2019	$56,368	$81,999	$163,360	$-25,631
2018	$80,224	$94,080	$190,141	$-13,856

FRIENDS OF THE MALIOTIS CULTURAL CENTER INC