AHEPA 501-III INC (EIN 300241540) - 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

2004

Legal Domicile

Principal Officer

MARK BULLOCK

Phone

5058399487

Tax Period

2024-07-01 to 2025-06-30

AHEPA 501-III INC, founded in 2004, is a small nonprofit in the Housing & Shelter sector that reported $511K in total revenue in fiscal year 2024. Net assets of $3.3M represent 77 months of operating reserves.

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 (2024)

Revenue Breakdown

Contributions & Grants $780

Program Service Revenue $482,506

Investment Income $26,147

Other Revenue $1,248

TOTAL REVENUE $510,681

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $461,703

Other Expenses $501,736

TOTAL EXPENSES $501,736

Year-over-Year Comparison

	2024	2023	Change
Revenue	$510,681	$505,808	+0.0%
Expenses	$501,736	$491,668	+0.0%
Net Income	$8,945	$14,140	-0.4%

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
MARK BULLOCK	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRISTOPHER CHRONIS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JAMES BARNER	SECRETARY	1.00	Officer Director	$0	$0	$0
NICK CHRONIS	TREASURER	1.00	Officer Director	$0	$0	$0
KONSTANTINE ANGELO	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL J DOMINICK JR	DIRECTOR	1.00	Director	$0	$0	$0
MARCUS C CASSIMUS	DIRECTOR	1.00	Director	$0	$0	$0
DEMETRIOS MAKRIS	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA MALIGAS	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	$510,681	$501,736	$3,348,143	$8,945
2024	$505,808	$491,668	$3,351,714	$14,140
2023	$593,846	$540,030	$3,327,488	$53,816
2022	$472,106	$586,012	$3,263,372	$-113,906
2021	$476,108	$452,963	$3,376,122	$23,145
2020	$470,168	$478,283	$3,346,141	$-8,115
2019	$433,814	$485,885	$3,348,602	$-52,071

AHEPA 501-III INC