AMORGOS FOUNDATION INC (EIN 261762454) - 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

2012

Principal Officer

NIKITAS THEOLOGITIS

Phone

9174688442

Tax Period

2023-01-01 to 2023-12-31

AMORGOS FOUNDATION INC, founded in 2012, is a micro nonprofit in the Human Services sector that reported $97K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $93K left a modest 4% surplus.

Mission

PROVIDE FINANCIAL SUPPORT TO CHARITABLE AND OTHER ORGANIZATIONS.

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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 $70,145

Investment Income $5,220

Other Revenue $21,644

TOTAL REVENUE $97,009

Expense Breakdown

Grants Paid $34,150

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $93,267

Other Expenses $59,117

TOTAL EXPENSES $93,267

Year-over-Year Comparison

	2023	2022	Change
Revenue	$97,009	$86,821	+0.1%
Expenses	$93,267	$93,578	0.0%
Net Income	$3,742	$-6,757	-1.6%

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
EVANGELOS GAVALAS	TREASURER	2.00	Officer	$0	$0	$0
NICK GAVALAS	HONORARY PRE	2.00	Officer	$0	$0	$0
NICKOLAOS GAVALAS	ASSISTANT SE	2.00	Officer	$0	$0	$0
ANNA THEOLOGITIS	SECRETARY	2.00	Officer	$0	$0	$0
NIKITAS THEOLOGITIS	PRESIDENT	2.00	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
2024	No data	No data	No data	No data
2023	$97,009	$93,267	$445,969	$3,742
2022	$86,821	$93,578	$442,102	$-6,757
2021	$73,328	$56,192	$448,984	$17,136
2020	$69,239	$85,681	$432,098	$-16,442
2019	$49,724	$47,421	$448,540	$2,303
2018	$36,705	$52,771	$446,111	$-16,066

AMORGOS FOUNDATION INC