AHEPA NO 23--PHASE II INC (EIN 631140959) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

THEODORE GULAS

Phone

3342740076

Tax Period

2022-07-01 to 2023-06-30

AHEPA 23 II INC, founded in 2004, is a small nonprofit in the Human Services sector that reported $515K in total revenue in fiscal year 2019. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $605K exceeded revenue, resulting in a 18% operating deficit.

Mission

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

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $527,863

Investment Income $1,550

Other Revenue $2,698

TOTAL REVENUE $532,111

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $571,560

Other Expenses $624,824

TOTAL EXPENSES $624,824

Year-over-Year Comparison

	2022	2021	Change
Revenue	$532,111	$506,127	+0.1%
Expenses	$624,824	$599,398	+0.0%
Net Income	$-92,713	$-93,271	0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
IKE GULAS	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN ZOURZOUKIS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL PIHAKIS	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN GROSSOMANIDES	SECRETARY	1.00	Officer Director	$0	$0	$0
JAMES GELIS	DIRECTOR	1.00	Director	$0	$0	$0
TASOS KALANTZIS	DIRECTOR	1.00	Director	$0	$0	$0
PETER NASSOS	DIRECTOR	1.00	Director	$0	$0	$0
CHRIST COUMANIS	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE NARDONE	DIRECTOR	1.00	Director	$0	$0	$0
MARK BULLOCK	DIRECTOR	1.00	Director	$0	$0	$0
ANGELO KOSTARIDES	DIRECTOR	1.00	Director	$0	$0	$0
ELLEN PLATIS	DIRECTOR	1.00	Director	$0	$0	$0
KONSTANTINE ANGELO	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$532,111	$624,824	$1,897,414	$-92,713
2022	$506,127	$599,398	$1,961,025	$-93,271
2021	$518,083	$592,733	$1,992,813	$-74,650
2020	$514,798	$605,131	$2,038,859	$-90,333

AHEPA NO 23--PHASE II INC