GREEK MUTUAL SOCIETY ATHENA INC (EIN 883101626) - 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

1919

Legal Domicile

Principal Officer

NIKOS MITSINIKOS

Phone

9172090182

Tax Period

2024-01-01 to 2024-12-31

GREEK MUTUAL SOCIETY ATHENA INC, founded in 1919, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $11K in total revenue in fiscal year 2024. Revenue surged 144% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4K, a strong 40% operating margin.

Mission

To form close friendships between the members, to help ailing members and for the benefit of all the national and philanthropic issues.

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,423

Program Service Revenue $0

Investment Income $3,754

Other Revenue $0

TOTAL REVENUE $11,177

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,685

Other Expenses $6,685

TOTAL EXPENSES $6,685

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,177	$4,576	+1.4%
Expenses	$6,685	$4,462	+0.5%
Net Income	$4,492	$114	+38.4%

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

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
NIKOS MITSINIKOS	ASSISTANT SECRETARY	1.00	Officer	$0	$0	$0
KOSTAS KARDIASMENOS	VICE PRESIDENT	1.00	Officer	$0	$0	$0
THEOFANIS MITSINIKOS	TREASURER	1.00	Officer	$0	$0	$0
JIMMY KARDIASMENOS	GENERAL SECRETARY	1.00	Officer	$0	$0	$0
GEORGE XERAKIAS	PRESIDENT	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
2024	$11,177	$6,685	$43,556	$4,492
2023	$4,576	$4,462	$39,064	$114
2022	$1,681	$4,919	$38,950	$-3,238

GREEK MUTUAL SOCIETY ATHENA INC