TUCSON, AZ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PARRHASIAN HERITAGE FOUNDATION, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $285K in total revenue in fiscal year 2024. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $341K exceeded revenue, resulting in a 20% operating deficit.
THE PARRHASIAN HERITAGE FOUNDATION EXISTS TO SUPPORT THE ONGOING EXCAVATION, PRESERVATION AND DOCUMENTATION OF PROJECTS AT THE SANCTUARY OF ZEUS AT MT. LYKAION AS WELL AS ASSOCIATED REGIONAL RESEARCH. IT ALSO PROVIDES SUPPORT FOR THE CREATION OF THE PARRHASIAN HERITAGE PARK, WHICH WILL UNIFY AND PROTECT A LARGE AREA (CA. 550 SQUARE KILOMETERS) IN WESTERN ARCADIA, NORTHERN MESSENIA AND EASTERN ELIS.IN ADDITION, IT WILL PROVIDE OPPORTUNITIES FOR STUDENTS AND SCHOLARS FROM THE UNITED STATES, GREECE AND OTHER PARTS OF THE WORLD TO CONDUCT RESEARCH AT MY. LYKAION AND IN THE NEIGHBORING AREAS.
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 | $284,981 | $477,681 | -0.4% |
| Expenses | $340,592 | $340,839 | 0.0% |
| Net Income | $-55,611 | $136,842 | -1.4% |
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 |
|---|---|---|---|---|---|---|
| DAVID GILMAN ROMANO | President / DIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARY E VOYATZIS | VICE PRES / DIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GEORGE DAVIS | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| DOROTHY DINSMOOR | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| TOM KEATING | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOS KOUMOUNDOUROS | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| JAMES H OTTAWAY JR | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| MARK DAVISON | VP PARK PLANNIN | 0.00 |
Officer
|
$0 | $0 | $0 |
| NICHOLAS STAPP | VP TECHNOLOGY | 0.00 |
Officer
|
$0 | $0 | $0 |
| IRENE ROMANO | VP PUBLIC RELAT | 0.00 |
Officer
|
$0 | $0 | $0 |
| NOTA PANTZOU | Secretary | 1.00 |
Officer
|
$0 | $0 | $0 |
| DIMITRIS PAPAKONSTANTINOU | VP LEGISLATIVE | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $284,981 | $340,592 | $197,141 | $-55,611 |
| 2023 | $477,681 | $340,839 | $252,752 | $136,842 |
Compare PARRHASIAN HERITAGE FOUNDATION with other nonprofits in Arizona and across the country.