AHEPA 192-II INC (EIN 421487324) - 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

1999

Legal Domicile

Principal Officer

JAMES KARTHAN

Phone

5159640164

Tax Period

2024-07-01 to 2025-06-30

AHEPA 192-II INC, founded in 1999, is a small nonprofit in the Housing & Shelter sector that reported $436K in total revenue in fiscal year 2024. Net assets of $1.7M represent 46 months of operating reserves.

Mission

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

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $419,194

Investment Income $14,086

Other Revenue $3,042

TOTAL REVENUE $436,322

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $391,171

Other Expenses $446,729

TOTAL EXPENSES $446,729

Year-over-Year Comparison

	2024	2023	Change
Revenue	$436,322	$414,159	+0.1%
Expenses	$446,729	$431,269	+0.0%
Net Income	$-10,407	$-17,110	-0.4%

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

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
JAMES KARTHAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
THEODORE VELMAN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ELIAS KARTHAN	SECRETARY	1.00	Officer Director	$0	$0	$0
CHRISTOPHER AXIOTIS	TREASURER	1.00	Officer Director	$0	$0	$0
ZACK ZAZAS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
PETER CADE	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE HATZIGIANNAKIS	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTY KARTHAN	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE CHRIST	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE ANTONIOU	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	$436,322	$446,729	$1,729,214	$-10,407
2024	$414,159	$431,269	$1,763,801	$-17,110
2023	$408,783	$410,415	$1,782,345	$-1,632
2022	$403,960	$421,191	$1,766,940	$-17,231
2021	$381,504	$391,965	$1,811,113	$-10,461
2020	$385,605	$376,272	$1,821,911	$9,333
2019	$364,549	$378,086	$1,812,006	$-13,537

AHEPA 192-II INC