HELLENIC HEART FOR KIDS INC

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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

2021

Legal Domicile

Principal Officer

OLGA SOMERAS

Phone

9175381243

Tax Period

2021-01-01 to 2021-12-31

HELLENIC HEART FOR KIDS INC, founded in 2021, is a micro nonprofit in the Diseases & Disorders sector that reported $40K in total revenue in fiscal year 2021. The organization ran a surplus of $8K, a strong 20% operating margin.

Mission

Dedicated to fundraise and pay medical and transportation costs for children located in Greece and Cyprus whose medical needs may only be addressed within the USA.

Program Service Accomplishments

Program 1

Expenses: $31,828

PAID THE MEDICAL EXPENSES AT ST. LOUIS CHILDREN'S HOSPITAL FOR ALEXANDROS KALLERGIS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $39,705

TOTAL REVENUE $39,705

Expense Breakdown

Grants Paid $27,800

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $31,828

Other Expenses $4,028

TOTAL EXPENSES $31,828

Year-over-Year Comparison

	2021	2020	Change
Revenue	$39,705	N/A	N/A
Expenses	$31,828	N/A	N/A
Net Income	$7,877	N/A	N/A

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

N/A

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
OLGA TZORTZATOS	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHERINE FUCHS	BOARD MEMBER	1.00	Director	$0	$0	$0
NIKOLAS KARKANIAS	BOARD MEMBER	1.00	Director	$0	$0	$0
NICK TYRIS	BOARD MEMBER	1.00	Director	$0	$0	$0
OLGA SOMERAS	PRESIDENT	1.00	Officer	$0	$0	$0
ARGYRIOS KATOS	VICE PRESIDENT	1.00	Officer	$0	$0	$0
BESSIE HADJIGEORGHI	SECRETARY	1.00	Officer	$0	$0	$0
NICKOLAOS KASTRINAKIS	TREASURER	1.00	Officer	$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
2021	$39,705	$31,828	$7,877	$7,877