BROOKLYN, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF HELLENIC CLASSICAL CHARTER SCHOOL, founded in 2020, is a community nonprofit in the Education sector that reported $4.4M in total revenue in fiscal year 2024. Expenses of $5.1M exceeded revenue, resulting in a 15% operating deficit.
TO SUPPORT THE OPERATION OF HELLENIC CLASSICAL CHARTER SCHOOLS (THE "SCHOOL") BY PROVIDING ASSISTANCE WITH THE SCHOOL'S REAL ESTATE AND FACILITIES-RELATED NEEDS, AND BY RAISING FUNDS AND RESOURCES THAT WILL ENABLE THE ORGANIZATION TO PROVIDE SUPPORT TO THE SCHOOL TO ENHANCE THE EXPERIENCE OF THE SCHOOL'S STUDENTS.
THE ORGANIZATION SUPPORTS THE OPERATIONS OF HELLENIC CLASSICAL CHARTER SCHOOLS (THE "SCHOOL"), A NEW YORK STATE NOT-FOR-PROFIT EDUCATION CORPORATION THAT OPERATES CHARTER SCHOOLS IN NEW YORK. FRIENDS...
THE ORGANIZATION SUPPORTS THE OPERATIONS OF HELLENIC CLASSICAL CHARTER SCHOOLS (THE "SCHOOL"), A NEW YORK STATE NOT-FOR-PROFIT EDUCATION CORPORATION THAT OPERATES CHARTER SCHOOLS IN NEW YORK. FRIENDS OF HELLENIC CLASSICAL CHARTER SCHOOLS, INC. SUBLEASES FACILITIES TO THE SCHOOL. RENTAL INCOME UNDER THE SUBLEASE WAS $4,047,695 DURING THE FISCAL YEAR.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,385,921 | $4,285,621 | +0.0% |
| Expenses | $5,054,065 | $4,482,902 | +0.1% |
| Net Income | $-668,144 | $-197,281 | +2.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHARLES CAPETANAKIS | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| NIKOLAOS LEONARDOS | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEVE JOHN SEDEREAS | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL LEONARDOS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVEN SPANOLIOS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOY PETRAKOS | CHIEF OF OPERATIONS | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $4,385,921 | $5,054,065 | $87,488,682 | $-668,144 |
| 2024 | $4,285,621 | $4,482,902 | $88,898,038 | $-197,281 |
| 2023 | $6,488,055 | $1,989,450 | $88,964,102 | $4,498,605 |
| 2022 | $2,469,286 | $1,972,666 | $88,114,866 | $496,620 |
| 2021 | $678,941 | $8,178,017 | $82,915,888 | $-7,499,076 |
Compare FRIENDS OF HELLENIC CLASSICAL CHARTER SCHOOL with other nonprofits in New York and across the country.