AHEPA 371 INC (EIN 382742386) - 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

1986

Legal Domicile

Principal Officer

LAZAROS KIRCOS

Phone

8104654540

Tax Period

2020-01-01 to 2020-12-31

AHEPA 371 INC, founded in 1986, is a small nonprofit in the Housing & Shelter sector that reported $162K in total revenue in fiscal year 2020. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $277K exceeded revenue, resulting in a 71% operating deficit.

Mission

AHEPA 371, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF MICHIGAN. THE CORPORATION WAS ORGANIZED TO PROVIDE RELIEF TO THE POOR, THE DISTRESSED OR THE UNDERPRIVILEGED; TO ADVANCE RELIGION (AND FOR THIS ORGANIZATION, MORE SPECIFICALLY THE ORTHODOX RELIGION); TO ADVANCE EDUCATION OR SCIENCE; TO ERECT OR MAINTAIN PUBLIC BUILDINGS, MONUMENTS OR WORKS; TO LESSEN THE BURDENS OF GOVERNMENT; TO LESSEN NEIGHBORHOOD TENSIONS; TO ELIMINATE PREJUDICE AND DISCCRIMINNATION; TO DEFEND HUMAN AND CIVIL RIGHTS SECURED BY LAW; TO COMBAT COMMUNITY DETERIORATION AND JUVENILE DELINQUENCY; TO PROVIDE SCHOLARSHIPS TO INDIVIDUALS AND TO OPERATE, MANAGE OR DEVELOP HOUSING FOR LOW INCOME SENIOR OR HANDICAPPED PERSONS. THE CORPORATION IS SPONSORED BY AHEPA OMEGA CHAPTER 371, INC.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $13,337

Investment Income $148,675

Other Revenue $0

TOTAL REVENUE $162,012

Expense Breakdown

Grants Paid $262,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $262,611

Other Expenses $14,541

TOTAL EXPENSES $277,041

Year-over-Year Comparison

	2020	2019	Change
Revenue	$162,012	$406,223	-0.6%
Expenses	$277,041	$89,525	+2.1%
Net Income	$-115,029	$316,698	-1.4%

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
JOHN N HATZIS	PRESIDENT	1.00	Officer Director	$0	$0	$0
LAZAROS KIRCOS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
GEORGE S GAZEPIS	TREASURER	1.00	Officer Director	$0	$0	$0
LOU PAVLEDES	SECETARY	1.00	Officer Director	$0	$0	$0
GEORGE PETROULEAS	DIRECTOR	1.00	Director	$0	$0	$0
LOUIS THEROS	DIRECTOR	1.00	Director	$0	$0	$0
IAN DUNCAN	DIRECTOR	1.00	Director	$0	$0	$0
PETER COUTSOS	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	$162,012	$277,041	$4,171,148	$-115,029
2019	$406,223	$89,525	$4,000,064	$316,698
2018	$5,107	$177,973	$3,683,367	$-172,866

AHEPA 371 INC