FEDERATION OF HELLENIC SOCIETIES OR GREATER OF NY INC (EIN 112931965) - Form 990 Financial Analysis & Trantor Score

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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

1938

Legal Domicile

Principal Officer

CLEANTHIS MEIMAROGLOU

Phone

7182046500

Tax Period

2023-07-01 to 2024-06-30

FEDERATION OF HELLENIC SOCIETIES OR GREATER OF NY INC, founded in 1938, is a small nonprofit in the Arts, Culture & Humanities sector that reported $431K in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum. Net assets of $1.1M represent 30 months of operating reserves.

Mission

GREEK INDEPENDENCE DAY PARADE ON FIFTH AVENUE IN NEW YORK CITY

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $457,094

Investment Income $0

Other Revenue $-26,505

TOTAL REVENUE $430,589

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $412,653

Other Expenses $422,283

TOTAL EXPENSES $422,283

Year-over-Year Comparison

	2023	2022	Change
Revenue	$430,589	$297,156	+0.4%
Expenses	$422,283	$275,699	+0.5%
Net Income	$8,306	$21,457	-0.6%

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

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
CLEANTHIS MEIMAROGLOU	President	10.00	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
2025	No data	No data	No data	No data
2024	$430,589	$422,283	$1,069,301	$8,306
2022	$-20,324	$34,307	$1,091,258	$-54,631
2021	$61,838	$60,000	$1,145,889	$1,838
2020	$184,234	$258,975	$1,085,100	$-74,741
2019	$390,438	$380,466	$1,161,268	$9,972
2018	$567,689	$658,332	$1,151,020	$-90,643

FEDERATION OF HELLENIC SOCIETIES OR GREATER OF NY INC