MOUNT ATHOS FOUNDATION OF AMERICA INC C/O ROGER MCHANEY

EIN: 814830351 501(c)(3) Arts, Culture & Humanities

DE TOUR VILLAGE, MI

Total Revenue
$168,014
Total Expenses
$183,517
Total Assets
$182,327
Net Assets
$182,327
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
SC
Principal Officer
CHRIS MELLEN
Phone
7854105501
Tax Period
2024-01-01 to 2024-12-31

MOUNT ATHOS FOUNDATION OF AMERICA INC C/O ROGER MCHANEY, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $168K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.

Mission

SPECIFICALLY, THE PURPOSES OF THE FOUNDATION ARE TO:2.1 SUPPORT THE PRESERVATION OF THE HERITAGE OF MOUNT ATHOS, LOCATED IN NORTHEASTERN GREECE, A UNESCO WORLD HERITAGE SITE AND THE MONASTIC HOLY LAND AND PILGRIMAGE SITE FOR ALL THE BRANCHES OF EASTERN ORTHODOX CHRISTIANITY FOR OVER A MILLENNIUM;2.1 SUPPORT THE MAINTENANCE, RESTORATION AND PRESERVATION ON MOUNT ATHOS OF ITS HISTORIC BUILDINGS, PATHWAYS, ARCHIVES, MANUSCRIPTS AND WORKS OF ART, AS WELL AS OTHER ARTIFACTS DATING FROM THE BYZANTINE AND POST-BYZANTINE ERAS AND TO SUPPORT THE OPERATIONS OF THE MONASTERIES;2.1 ADVANCE THE STUDY, UNDERSTANDING, AND APPRECIATION OF THE HISTORY, CULTURE, ARTS, ARCHITECTURE, NATURAL HISTORY, AND LITERATURE OF MOUNT ATHOS AND ITS HISTORIC MONASTERIES AND MONASTIC DEPENDENCIES; AND2.1 RECEIVE AND DISTRIBUTE DONATIONS GIVEN IN SUPPORT OF THE PURPOSES OF THIS FOUNDATION AS STATED HEREIN

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $166,910
Program Service Revenue $0
Investment Income $1,104
Other Revenue $0
TOTAL REVENUE $168,014

Expense Breakdown

Grants Paid $145,696
Salaries & Benefits $0
Fundraising Expenses $2,860
Program Expenses $170,007
Other Expenses $37,821
TOTAL EXPENSES $183,517

Year-over-Year Comparison

2024 2023 Change
Revenue $168,014 $197,734 -0.2%
Expenses $183,517 $97,929 +0.9%
Net Income $-15,503 $99,805 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
25

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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT ALLISON DIRECTOR 2.00
Director
$0 $0 $0
PETER ALLEN DIRECTOR 2.00
Director
$0 $0 $0
GEORGE BABBES DIRECTOR 2.00
Director
$0 $0 $0
CHRISTOPHER DELISO DIRECTOR 2.00
Director
$0 $0 $0
MARY ALLEN JOHNSON DIRECTOR 2.00
Director
$0 $0 $0
WADE KOLB DIRECTOR 2.00
Director
$0 $0 $0
ROGER MCHANEY TREASURER 7.00
Officer Director
$0 $0 $0
CHRIS MELLEN PRESIDENT 10.00
Officer Director
$0 $0 $0
JAMES PETERS SECRETARY 5.00
Officer Director
$0 $0 $0
JONATHAN SWARTS VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
PETER LEA DIRECTOR 2.00
Director
$0 $0 $0
ANASTASIA MERKEL DIRECTOR 2.00
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
2024 $168,014 $183,517 $182,327 $-15,503
2023 $197,734 $97,929 $197,830 $99,805
2022 $262,435 $220,276 $98,295 $42,159
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