FOUNDATION FOR HELLENIC EDUCATION AND CULTURE NFP (EIN 812989882) - 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

2016

Legal Domicile

Principal Officer

STAVROS BASSEAS

Phone

3125049304

Tax Period

2023-01-01 to 2023-12-31

FOUNDATION FOR HELLENIC EDUCATION AND CULTURE NFP, founded in 2016, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $33K in total revenue in fiscal year 2023. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $119K exceeded revenue, resulting in a 262% operating deficit.

Mission

TO PROMOTE HELLENIC EDUCATION AND CULTURE BY OPERATING HELLENIC DAY SCHOOL.

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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 $32,720

Program Service Revenue $0

Investment Income $54

Other Revenue $0

TOTAL REVENUE $32,774

Expense Breakdown

Grants Paid $110,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $8,765

TOTAL EXPENSES $118,765

Year-over-Year Comparison

	2023	2022	Change
Revenue	$32,774	$80,193	-0.6%
Expenses	$118,765	$143,841	-0.2%
Net Income	$-85,991	$-63,648	+0.4%

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

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
DEMETRIOS G LOGOTHETIS	CHAIRMAN	001.00	Officer Director	$0	$0	$0
STAVROS BASSEAS CHAIRMAN TRUSTEE	TREASURER	006.00	Officer Director	$0	$0	$0
CONSTANTINE KANELLOS PRESIDENT - SE	PRESIDENT/TRUSTEE	030.00	Officer Director	$0	$0	$0
HAROLD V ANAGNOS TREASURER TRUSTEE	VICE PRESIDENT	002.00	Officer Director	$0	$0	$0
JIMMY BOUSIS TRUSTEE	TRUSTEE	001.00	Officer Director	$0	$0	$0
DAN KEUSIS TRUSTEE	TRUSTEE	001.00	Officer Director	$0	$0	$0
PETER SKIOURIS TRUSTEE	TRUSTEE	001.00	Officer Director	$0	$0	$0
PETER PARTHENIS TRUSTEE	TRUSTEE	001.00	Officer 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
2023	$32,774	$118,765	$10,493	$-85,991
2022	$80,193	$143,841	$96,484	$-63,648
2021	$254,503	$295,824	$4,071,354	$-41,321
2020	$254,197	$309,091	$4,114,389	$-54,894
2019	$219,814	$277,286	$4,210,177	$-57,472
2018	$228,741	$245,733	$4,325,166	$-16,992

FOUNDATION FOR HELLENIC EDUCATION AND CULTURE NFP