THE LOUKOUMI MAKE A DIFFERENCE FOUNDATION INC (EIN 465599131) - 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

2014

Legal Domicile

Principal Officer

NICHOLAS KATSORIS

Phone

2123972804

Tax Period

2024-01-01 to 2024-12-31

THE LOUKOUMI MAKE A DIFFERENCE FOUNDATION INC, founded in 2014, is a small nonprofit in the Youth Development sector that reported $334K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $370K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO HOLD VARIOUS EVENTS TO TEACH CHILDREN TO MAKE A DIFFERENCE IN THEIR LIVES AND THE LIVES OF OTHERS AND IMPLEMENTS A GOOD DEED CURRICULUM IN IN SCHOOLS WORLDWIDE.

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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 $328,338

Program Service Revenue $0

Investment Income $5,392

Other Revenue $0

TOTAL REVENUE $333,730

Expense Breakdown

Grants Paid $51,763

Salaries & Benefits $170,330

Fundraising Expenses $72,234

Program Expenses $51,763

Other Expenses $147,455

TOTAL EXPENSES $369,548

Year-over-Year Comparison

	2024	2023	Change
Revenue	$333,730	$233,783	+0.4%
Expenses	$369,548	$240,454	+0.5%
Net Income	$-35,818	$-6,671	+4.4%

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

Volunteers

10000

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

$133,846

Total Directors

$133,846

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICHOLAS KATSORIS	PRESIDENT	40.00	Officer Director	$133,846	$0	$133,846
EFFIE SAMIOS	VICE PRESIDENT/TREASURER	5.00	Officer Director	$0	$0	$0
VOULA KATSORIS	SECRETARY	2.00	Officer Director	$0	$0	$0
CONSTANCE MAVROVITS	DIRECTOR	2.00	Director	$0	$0	$0
MARIS ANGOLA	DIRECTOR	2.00	Director	$0	$0	$0
CYHTHIA HERZEGOVITCH	DIRECTOR	2.00	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
2024	$333,730	$369,548	$177,216	$-35,818
2023	$233,783	$240,454	$199,735	$-6,671

THE LOUKOUMI MAKE A DIFFERENCE FOUNDATION INC