Warrenville, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Hellenic Bar Association Foundation, founded in 2001, is a small nonprofit in the Education sector that reported $136K in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Net assets of $621K represent 55 months of operating reserves.
To apply its income and all or any part of its principal to: (1) Support programs and organizations which may be expected to contribute to the administration of justice and of the legal services available to the public with particular reference to the State of Illinois; (2) Support any program or organization whose purposes and operations are exclusively charitable, scientific, literary or educational; (3) Foster and maintain the honor and integrity of the profession of the law; (4) Promote the study of the law and research therein, the diffusion of knowledge thereof, and the continuing education of lawyers; (5) Provide support organizations established to provide legal services through staff attorneys or unpaid volunteers to persons who find it difficult to obtain such services through normal channels.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $135,971 | $192,860 | -0.3% |
| Expenses | $135,237 | $18,446 | +6.3% |
| Net Income | $734 | $174,414 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Athena Farmakis | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Pamela Visvardis Savvides | President-Elect | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Hon Frank Andreou | First V.P. | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Katerina Alexopoulos | Second V.P. | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Georgia Loukas Demeros | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Themistocles Frangos | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Efie M Vainikos | Corr. Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Angelo Tzivas | Law Sch Liaison | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Spyridon J Demakis | Chair of Board | 1.00 |
Director
|
$0 | $0 | $0 |
| Eleni Katsoulis | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Dimitra Anderson | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Kyriakoula A Fournier | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Constantine Kanellos | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Hariklia Karis | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Vicki Pappas Karl | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Thomas Massouras | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Maria Vathis | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $135,971 | $135,237 | $621,090 | $734 |
| 2023 | $192,860 | $18,446 | $600,292 | $174,414 |
| 2022 | $122,473 | $74,970 | $416,303 | $47,503 |
| 2021 | $279,178 | $144,978 | $395,010 | $134,200 |
| 2020 | $129,355 | $137,025 | $285,746 | $-7,670 |
| 2019 | $193,854 | $134,419 | $293,416 | $59,435 |
| 2018 | $81,581 | $70,156 | $233,981 | $11,425 |
Compare Hellenic Bar Association Foundation with other nonprofits in Illinois and across the country.