GREATER FLINT ORTHODOX ENDOWMENT F… - Form 990 Financial Data

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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

2003

Legal Domicile

Principal Officer

DENNIS E CHINONIS

Phone

8102380780

Tax Period

2023-01-01 to 2023-12-31

GREATER FLINT ORTHODOX ENDOWMENT FD C/O DENNIS CHINONIS, founded in 2003, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $198K in total revenue in fiscal year 2023. Revenue fell 45% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $160K, a strong 81% operating margin.

Mission

TO PROVIDE FINANCIAL ASSISTANCE TO VARIOUS ORGANIZATIONS WHICH ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE

Program Service Accomplishments

Program 1

Expenses: $35,000

DISTRIBUTIONS TO THE ASSUMPTION GREEK ORTHODOX CHURCH OF FLINT, MI WILL BE ON AN AS NEEDED BASIS. THE PURPOSE FOR WHICH FUNDS WILL BE DISTRIBUTED TO THE CHURCH INCLUDE TO ASSIST WITH THE COST OF...

DISTRIBUTIONS TO THE ASSUMPTION GREEK ORTHODOX CHURCH OF FLINT, MI WILL BE ON AN AS NEEDED BASIS. THE PURPOSE FOR WHICH FUNDS WILL BE DISTRIBUTED TO THE CHURCH INCLUDE TO ASSIST WITH THE COST OF BUILDING AND MAINTENANCE REPAIRS, PROVIDE CAPITAL FOR BUILDING AND EXPANSION PROJECTS, ASSIST THE CHURCH WITH ITS EMERGENCY FINANCIAL NEEDS, AND TO PROVIDE GENERAL OPERATING REVENUE TO THE CHURCH.

Program 2

DISTRIBUTIONS WILL BE MADE TO THE ARCHDIOCESE TO FUND SCHOLARSHIPS FOR SEMINARIANS AND POSSIBLY TO PROVIDE FINANCIAL SUPPORT FOR OTHER PROGRAMS OF THE ARCHDIOCESE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $39,221

Other Revenue $158,846

TOTAL REVENUE $198,067

Expense Breakdown

Grants Paid $35,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $35,000

Other Expenses $3,262

TOTAL EXPENSES $38,262

Year-over-Year Comparison

	2023	2022	Change
Revenue	$198,067	$358,127	-0.4%
Expenses	$38,262	$33,507	+0.1%
Net Income	$159,805	$324,620	-0.5%

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

N/A

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
ANDY BROWN	DIRECTOR/VP	N/A	Director	$0	$0	$0
DENNIS E CHINONIS	DIRECTOR/PRE	N/A	Director	$0	$0	$0
ELAINE JOYNT	DIRECTOR/SEC	N/A	Director	$0	$0	$0
DEAN YEOTIS	DIRECTOR/TRE	N/A	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	No data	No data	No data	No data
2023	$198,067	$38,262	$1,302,404	$159,805
2022	$358,127	$33,507	$1,142,599	$324,620
2021	$218,715	$38,408	$817,979	$180,307
2020	$64,788	$37,035	$637,672	$27,753
2019	$35,772	$29,150	$609,919	$6,622
2018	$32,972	$44,633	$603,297	$-11,661

GREATER FLINT ORTHODOX ENDOWMENT FD C/O DENNIS CHINONIS