AHEPA 245 INC

🔒

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

2000

Legal Domicile

Principal Officer

MICHAEL SISAK

Phone

4018495298

Tax Period

2024-07-01 to 2025-06-30

AHEPA 245 INC, founded in 2000, is a small nonprofit in the Housing & Shelter sector that reported $692K in total revenue in fiscal year 2024.

Mission

THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $657,111 Revenue: $682,246

PROVIDE HOUSING TO LOW INCOME INDIVIDUALS.

🔒

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 $0

Program Service Revenue $682,246

Investment Income $3,209

Other Revenue $6,298

TOTAL REVENUE $691,753

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $657,111

Other Expenses $693,607

TOTAL EXPENSES $693,607

Year-over-Year Comparison

	2024	2023	Change
Revenue	$691,753	$671,755	+0.0%
Expenses	$693,607	$682,651	+0.0%
Net Income	$-1,854	$-10,896	-0.8%

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

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 SISAK	PRESIDENT	1.00	Officer Director	$0	$0	$0
ERNEST M VIOLET	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ALEXANDER PHILIPPIDES	SECRETARY	1.00	Officer Director	$0	$0	$0
NORMAN MOREAU	TREASURER	1.00	Officer Director	$0	$0	$0
LEONIDAS AMARANT	DIRECTOR	1.00	Director	$0	$0	$0
JOHN GROSSOMANIDES	DIRECTOR	1.00	Director	$0	$0	$0
JOHN PANAGAKO	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE PANICHAS JR	DIRECTOR	1.00	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	$691,753	$693,607	$1,148,719	$-1,854
2024	$671,755	$682,651	$1,188,853	$-10,896
2023	$686,573	$658,478	$1,246,649	$28,095
2022	$621,668	$664,518	$1,280,624	$-42,850
2021	$631,817	$627,022	$1,345,217	$4,795
2020	$628,203	$608,087	$1,365,697	$20,116
2019	$584,580	$686,998	$1,401,394	$-102,418
2018	$583,512	$589,914	$1,525,161	$-6,402