KARDAMYLIAN FOUNDATION INC

EIN: 061573073 501(c)(3) International Affairs

NEW YORK, NY

Total Revenue
$32,336
Total Expenses
$74,465
Total Assets
$966,119
Net Assets
$966,119
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
DE
Phone
4402380222
Tax Period
2023-01-01 to 2023-12-31

KARDAMYLIAN FOUNDATION INC, founded in 1999, is a micro nonprofit in the International Affairs sector that reported $32K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $74K exceeded revenue, resulting in a 130% operating deficit.

Mission

TO ESTABLISH, DEVELOP, FUND, AND SUPPORT EDUCATIONAL AND CHARITABLE ACTIVITIES FOR THE BENEFIT OF THE VILLAGE OF KARDAMYLA, LOCATED ON THE ISLAND OF CHIOS, GREECE. THE ACTIVITIES AND PROGRAMS OF THE FOUNDATION WILL INCLUDE PROVIDING SCHOLARSHIPS FOR KARDAMYLIAN STUDENTS, BUILDING AND RESTORING PUBLIC BUILDINGS AND/OR INFRASTRUCTURE, PUBLIC COLLECTIONS OF SOCIAL, HISTORICAL, AND CULTURAL SIGNIFICANCE, SUPPORTING AND PROMOTING THE PRESERVATION OF KARDAMYLIAN ART AND CULTURES, AND EDUCATING THE PUBLIC ABOUT KARDAMYLIAN HISTORY AND CULTURE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $25,313
Program Service Revenue $0
Investment Income $7,023
Other Revenue $0
TOTAL REVENUE $32,336

Expense Breakdown

Grants Paid $65,021
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $65,021
Other Expenses $9,444
TOTAL EXPENSES $74,465

Year-over-Year Comparison

2023 2022 Change
Revenue $32,336 $29,229 +0.1%
Expenses $74,465 $66,958 +0.1%
Net Income $-42,129 $-37,729 +0.1%
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
12
Independent Members
12
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
7
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VLASIS ANASTASIOU ASST TREASUR N/A
Officer Director
$0 $0 $0
APOSTOLOS BOULAS ASST SECRETA N/A
Officer Director
$0 $0 $0
N/A 2ND VP N/A
Officer Director
$0 $0 $0
N/A 1ST VP N/A
Officer Director
$0 $0 $0
SPYROS PAPADAKIS GEN SECRETAR N/A
Officer Director
$0 $0 $0
N/A PRESIDENT N/A
Officer Director
$0 $0 $0
VYRON VARONIS TREASURER N/A
Officer Director
$0 $0 $0
MICHAEL APOSTOLIS TRUSTEE N/A
$0 $0 $0
N/A TRUSTEE N/A
$0 $0 $0
N/A TRUSTEE N/A
$0 $0 $0
N/A TRUSTEE N/A
$0 $0 $0
NTOMATA SIDERIS TRUSTEE N/A
$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
2024 No data No data No data No data
2023 $32,336 $74,465 $966,119 $-42,129
2022 $29,229 $66,958 $967,197 $-37,729
2021 $90,613 $145,228 $1,021,844 $-54,615
2020 $141,238 $130,611 $1,038,685 $10,627
2019 $64,930 $56,745 $1,018,023 $8,185
2018 $-55,134 $68,152 $953,586 $-123,286
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