THE ALPHEIOS PROJECT LTD

EIN: 272248757 501(c)(3) Science & Technology

NISKAYUNA, NY

Total Revenue
$401,607
Total Expenses
$404,125
Total Assets
$92,813
Net Assets
$50,569
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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
2010
Legal Domicile
NY
Principal Officer
BRIDGET ALMAS
Phone
5188596955
Tax Period
2020-01-01 to 2020-12-31

THE ALPHEIOS PROJECT LTD, founded in 2010, is a small nonprofit in the Science & Technology sector that reported $402K in total revenue in fiscal year 2020. Revenue decreased 13% compared to the prior year.

Mission

ALPHEIOS BUILDS EVIDENCE-BASED OPEN-SOURCE SOFTWARE TO SUPPORT WORLDWIDE STUDY OF CLASSICAL LANGUAGES AND LITERATURES.

Program Service Accomplishments

Program 1
Expenses: $384,015 Revenue: $3,074

THE ALPEHIOS PROJECT PROVIDES FREE SOFTWARE AVAILABLE ON THE WEB FOR READING AND LEARNING CLASSICAL LANGUAGES.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $398,532
Program Service Revenue $0
Investment Income $1
Other Revenue $3,074
TOTAL REVENUE $401,607

Expense Breakdown

Grants Paid $0
Salaries & Benefits $170,923
Fundraising Expenses $0
Program Expenses $384,015
Other Expenses $233,202
TOTAL EXPENSES $404,125

Year-over-Year Comparison

2020 2019 Change
Revenue $401,607 $461,659 -0.1%
Expenses $404,125 $413,781 0.0%
Net Income $-2,518 $47,878 -1.1%
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

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Governance

Voting Members
5
Independent Members
5
Employees
1
Volunteers
6

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
2
$160,149
Total Directors
5
$160,149
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HARRY DIAKOFF PRESIDENT 10.00
Officer Director
$0 $0 $0
BRIDGET ALMAS VICE PRESIDENT, SECRETARY, 40.00
Officer Director
$135,672 $24,477 $160,149
MICHAEL GURSKY DIRECTOR 1.00
Director
$0 $0 $0
DANA JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
JASON PEDICONE 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
2020 $401,607 $404,125 $92,813 $-2,518
2019 $461,659 $413,781 $67,505 $47,878
2018 $249,928 $333,756 $21,627 $-83,828
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