AHEPA 53 SUPPORTIVE SERVICES CORP

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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

2007

Legal Domicile

Principal Officer

DINO VAINALIS

Phone

3148466101

Tax Period

2022-07-01 to 2023-06-30

AHEPA 53 SUPPORTIVE SERVICES CORP, founded in 2007, is a micro nonprofit that reported $40K in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $21K, a strong 52% operating margin.

Mission

THE ENTITY IS ORGANIZED TO SUPPORT THE MISSION OF FOUR SENIOR CITIZEN HOUSING COMPLEXES.

Program Service Accomplishments

Program 1

Expenses: $6,997

EVENTS UNDERTAKEN FOR RESIDENTS SUCH AS TRIPS, DINNERS, AND CRAFT ACTIVITIES INCLUDING EMPLOYEE APPRECIATION COSTS FOR EXTRA WORK DONE FOR TENANTS

Program 2

Expenses: $12,193 Revenue: $28,913

VARIOUS SERVICES FOR TENANTS INCLUDING LAUNDRY FACILITIES, REMODELING WORK, AND OTHER SERVICES

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $28,913

Investment Income $10,881

Other Revenue $0

TOTAL REVENUE $39,794

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $19,190

Other Expenses $19,190

TOTAL EXPENSES $19,190

Year-over-Year Comparison

	2022	2021	Change
Revenue	$39,794	$35,805	+0.1%
Expenses	$19,190	$40,490	-0.5%
Net Income	$20,604	$-4,685	-5.4%

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

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
LEON SPANOS	DIRECTOR/PRESIDENT	1.00	Officer Director	$0	$0	$0
ADONIS CHAKIDES	DIRECTOR/SECRETARY	1.00	Officer Director	$0	$0	$0
DINO VAINALIS	DIRECTOR/TREASURER	1.00	Officer 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
2023	$39,794	$19,190	No data	$20,604
2022	$35,805	$40,490	$459,507	$-4,685
2021	$35,248	$130,056	$433,206	$-94,808