AHEPA 118 INC (EIN 300054200) - Form 990 Financial Analysis & Trantor Score

🔒

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

2002

Legal Domicile

Principal Officer

THEODORE GULAS

Phone

4194710112

Tax Period

2023-07-01 to 2024-06-30

AHEPA 118 INC, founded in 2002, is a small nonprofit in the Housing & Shelter sector that reported $592K in total revenue in fiscal year 2023. Expenses of $681K exceeded revenue, resulting in a 15% operating deficit.

Mission

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

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $585,131

Investment Income $4,642

Other Revenue $2,208

TOTAL REVENUE $591,981

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $647,657

Other Expenses $681,408

TOTAL EXPENSES $681,408

Year-over-Year Comparison

	2023	2022	Change
Revenue	$591,981	$579,900	+0.0%
Expenses	$681,408	$630,244	+0.1%
Net Income	$-89,427	$-50,344	+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
THEODORE GULAS	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN ZOURZOUKIS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL PIHAKIS	TREASURER	1.00	Officer Director	$0	$0	$0
DEMETRIOS MAKRIS	SECRETARY	1.00	Officer Director	$0	$0	$0
ANGELO KOSTARIDES	DIRECTOR	1.00	Director	$0	$0	$0
CHRIST COUMANIS	DIRECTOR	1.00	Director	$0	$0	$0
JOHN GROSSOMANIDES	DIRECTOR	1.00	Director	$0	$0	$0
MARK BULLOCK	DIRECTOR	1.00	Director	$0	$0	$0
TASOS KALANTZIS	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE NARDONE	DIRECTOR	1.00	Director	$0	$0	$0
KONSTANTINE ANGELO	DIRECTOR	1.00	Director	$0	$0	$0
ELLEN PLATIS	DIRECTOR	1.00	Director	$0	$0	$0
CHARRIE REGOPOULOS	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	No data	No data	No data	No data
2024	$591,981	$681,408	$2,255,747	$-89,427
2023	$579,900	$630,244	$2,371,462	$-50,344
2022	$565,700	$586,269	$2,361,259	$-20,569
2021	$536,549	$606,413	$2,465,910	$-69,864
2020	$524,219	$534,463	$2,574,662	$-10,244
2019	$501,207	$552,884	$2,619,570	$-51,677
2018	$497,326	$513,975	$2,715,594	$-16,649

AHEPA 118 INC