CHICAGO, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE HERITAGE MANAGEMENT ORGANIZATION INC, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $445K in total revenue in fiscal year 2023. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $883K exceeded revenue, resulting in a 99% operating deficit.
To transform the worlds heritage assets from decaying objects of study to dynamic sources of learning, community identity and sustainable economic development.
THE HERITAGE MANAGEMENT ORGANIZATION ACHIEVES ITS GOALS THROUGH A COMPREHENSIVE TRAINING CURRICULUM OF 3-6 DAY EXECUTIVE PROGRAMS FOR LINE MANAGERS, THREE-WEEK SUMMER WORKSHOPS FOR SENIORS OR...
THE HERITAGE MANAGEMENT ORGANIZATION ACHIEVES ITS GOALS THROUGH A COMPREHENSIVE TRAINING CURRICULUM OF 3-6 DAY EXECUTIVE PROGRAMS FOR LINE MANAGERS, THREE-WEEK SUMMER WORKSHOPS FOR SENIORS OR GRADUATE STUDENTS AND A GLOBALLY RECOGNIZED M.A. IN HERITAGE MANAGEMENT IN PARTNERSHIP WITH TWO ACADEMIC INSTITUTIONS. ORGANIZES AN ANNUAL CONFERENCE. ORGANIZATION HAS TRAINED HERITAGE MANAGERS FROM 77 COUNTRIES.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $444,562 | $5,558,861 | -0.9% |
| Expenses | $883,095 | $402,900 | +1.2% |
| Net Income | $-438,533 | $5,155,961 | -1.1% |
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 |
|---|---|---|---|---|---|---|
| PANTELIS GEORGIADIS | Chairman | 0.00 |
Director
|
$0 | $0 | $0 |
| LINDA HARTLEY | Treasurer | 0.00 |
Director
|
$0 | $0 | $0 |
| CHARLES WILLIAMS | BOARD DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| KATHRYN YATRAKIS | Secretary | 0.00 |
Director
|
$0 | $0 | $0 |
| HANNAH SOLOMON | BOARD DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| MARIOS PAPANIKOLOPOULOS | BOARD DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| JAMES H OUTTAWAY | MEMBER EMERITUS | 0.00 |
Director
|
$0 | $0 | $0 |
| EZANA BOCRESION | BOARD DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| CHRISTINA HIOUREAS | BOARD DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| LEONIDAS CAMBANIS | EX OFFICIO | 5.00 |
Officer
|
$0 | $0 | $0 |
| EVANGELOS KYRIAKIDIS | GENERAL DIR. | 35.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $444,562 | $883,095 | $7,640,555 | $-438,533 |
| 2022 | $5,558,861 | $402,900 | $7,519,719 | $5,155,961 |
| 2021 | $507,275 | $465,223 | $2,905,454 | $42,052 |
| 2020 | $411,925 | $177,350 | $2,318,852 | $234,575 |
| 2018 | $241,269 | $156,320 | $1,332,507 | $84,949 |
Compare THE HERITAGE MANAGEMENT ORGANIZATION INC with other nonprofits in Illinois and across the country.