KPHTH (CRETE) CHAPTER OF PANCRETAN… - Form 990 Financial Data

🔒

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

Michael Frangedis

Phone

7277877277

Tax Period

2024-06-01 to 2025-05-31

KPHTH (CRETE) CHAPTER OF PANCRETAN ASSOC OF AMERICA INC, founded in 1980, is a micro nonprofit that reported $56K in total revenue in fiscal year 2024. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $92K exceeded revenue, resulting in a 66% operating deficit.

Mission

To support educational, cultural and philanthropic activities which encompass the Pancretan culture.

Program Service Accomplishments

Program 1

Expenses: $31,416 Revenue: $28,307

Annual Dinner Dance Promoting Cretan Culture

Program 2

Expenses: $30

Annual Picnic Promoting Cretan Culture

Program 3

Expenses: $989 Revenue: $1,593

Thursday Night Dinners Promoting Cretan Fellowship and Dance Instructions

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $7,500

Program Service Revenue $46,397

Investment Income $198

Other Revenue $1,441

TOTAL REVENUE $55,536

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $46,487

Other Expenses $92,210

TOTAL EXPENSES $92,210

Year-over-Year Comparison

	2024	2023	Change
Revenue	$55,536	$91,836	-0.4%
Expenses	$92,210	$64,817	+0.4%
Net Income	$-36,674	$27,019	-2.4%

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
Michael Frangedis	President	010.00	Officer	$0	$0	$0
Denise Markonios	Vice-President	005.00	Officer	$0	$0	$0
Maria Lialios	Secretary	005.00	Officer	$0	$0	$0
Chris Delmadoros	Treasurer	005.00	Officer	$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
2025	$55,536	$92,210	$314,987	$-36,674
2024	$91,836	$64,817	$358,285	$27,019
2023	$68,406	$49,983	$331,386	$18,423
2022	$71,799	$67,697	$315,615	$4,102
2021	$15,443	$16,302	$311,513	$-859

KPHTH (CRETE) CHAPTER OF PANCRETAN ASSOC OF AMERICA INC