AHEPA 3 INC (EIN 721397412) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

IKE GULAS

Phone

2059782157

Tax Period

2024-07-01 to 2025-06-30

AHEPA 3 INC, founded in 2004, is a small nonprofit in the Housing & Shelter sector that reported $601K in total revenue in fiscal year 2019. Revenue grew 16% year-over-year, indicating healthy expansion. Net assets of $2.8M represent 55 months of operating reserves.

Mission

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

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $695,237

Investment Income $17,382

Other Revenue $3,042

TOTAL REVENUE $715,661

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $659,237

Other Expenses $722,586

TOTAL EXPENSES $722,586

Year-over-Year Comparison

	2024	2023	Change
Revenue	$715,661	$666,810	+0.1%
Expenses	$722,586	$776,328	-0.1%
Net Income	$-6,925	$-109,518	-0.9%

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
THEODORE GULAS	PRESIDENT	1.00	Officer Director	$0	$0	$0
JAMES PIHAKIS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PETE TRIANTOS	SECRETARY	1.00	Officer Director	$0	$0	$0
CHRISTO JEBELES	TREASURER	1.00	Officer Director	$0	$0	$0
TERRY WHITE	DIRECTOR	1.00	Director	$0	$0	$0
MIKE DERZIS	DIRECTOR	1.00	Director	$0	$0	$0
ALEXANDER GULAS	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	$715,661	$722,586	$2,513,143	$-6,925
2024	$666,810	$776,328	$2,499,832	$-109,518
2023	$606,437	$729,515	$2,647,220	$-123,078
2022	$573,280	$649,023	$2,744,109	$-75,743
2021	$569,687	$559,840	$2,820,065	$9,847
2020	$600,718	$603,002	$2,796,151	$-2,284

AHEPA 3 INC