Civic Intelligence

Modern Greek Studies Association

990 • Fiscal year 2014 • EIN 22-1992750

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 30, 2015

Organization ProfileWWW.MGSA.ORG
C/O Gonda Van Steen PO Box 117435Gainesville, FL 32611-7435

(330) 283-0953

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

30th percentile

0.00x

Higher debt load relative to assets than 30% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

43rd percentile

0.03x

Higher debt load relative to revenue than 43% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

86th percentile

33%

Higher net margin than 86% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

50th percentile

$6,667

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

62nd percentile

7.0%

Faster asset growth than 62% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

17th percentile

-17%

Faster revenue growth than 17% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets30th percentile

Assets

Up

$597,447

Up $39,216 (+7.0%) from 2013

Net Assets

Up

$595,648

Up $38,792 (+7.0%) from 2013

Liabilities

Up

$1,799

Up $424 (+31%) from 2013

Revenue And Expenses
Liabilities / Revenue43rd percentileNet Margin86th percentile

Revenue

Down

$71,740

Down $14,240 (-17%) from 2013

Expenses

Down

$48,370

Down $1,778 (-3.5%) from 2013

Net Income

Down

$23,370

Down $12,462 (-35%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2011: $415,493Liabilities 2011: $1,3752011Assets 2012: $465,220Liabilities 2012: $1,3752012Assets 2013: $558,231Liabilities 2013: $1,375Net Assets 2013: $556,8562013Assets 2014: $597,447Liabilities 2014: $1,799Net Assets 2014: $595,6482014Assets 2015: $582,979Liabilities 2015: $1,842Net Assets 2015: $581,1372015Assets 2016: $610,860Liabilities 2016: $1,842Net Assets 2016: $609,0182016Assets 2017: $718,905Liabilities 2017: $1,796Net Assets 2017: $717,1092017Assets 2018: $626,364Liabilities 2018: $0Net Assets 2018: $626,3642018Assets 2019: $750,923Liabilities 2019: $939Net Assets 2019: $749,9842019Assets 2020: $758,600Liabilities 2020: $939Net Assets 2020: $757,6612020Assets 2021: $863,002Liabilities 2021: $939Net Assets 2021: $862,0632021Assets 2022: $765,112Liabilities 2022: $0Net Assets 2022: $765,1122022Assets 2023: $813,684Liabilities 2023: $0Net Assets 2023: $813,6842023Assets 2024: $930,766Liabilities 2024: $0Net Assets 2024: $930,7662024

Highlighted filing

2014

Assets$597,447
Liabilities$1,799
Net Assets$595,648
Open 2014 Filing

Operations Trend

Revenue Growth17th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2011: $44,776Expenses 2011: $40,694Net Income 2011: $4,0822011Revenue 2012: $46,776Expenses 2012: $34,728Net Income 2012: $12,0482012Revenue 2013: $85,980Expenses 2013: $50,148Net Income 2013: $35,8322013Revenue 2014: $71,740Expenses 2014: $48,370Net Income 2014: $23,3702014Revenue 2015: $67,185Expenses 2015: $52,293Net Income 2015: $14,8922015Revenue 2016: $39,682Expenses 2016: $43,065Net Income 2016: -$3,3832016Revenue 2017: $179,135Expenses 2017: $54,519Net Income 2017: $124,6162017Revenue 2018: $37,496Expenses 2018: $47,982Net Income 2018: -$10,4862018Revenue 2019: $99,299Expenses 2019: $64,813Net Income 2019: $34,4862019Revenue 2020: $23,066Expenses 2020: $37,874Net Income 2020: -$14,8082020Revenue 2021: $82,315Expenses 2021: $43,915Net Income 2021: $38,4002021Revenue 2022: $71,258Expenses 2022: $65,942Net Income 2022: $5,3162022Revenue 2023: $27,100Expenses 2023: $63,131Net Income 2023: -$36,0312023Revenue 2024: $189,025Expenses 2024: $112,929Net Income 2024: $76,0962024

Highlighted filing

2014

Revenue$71,740
Expenses$48,370
Net Income$23,370
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 30, 2015
Return Version
2014v5.0
Gross Receipts
$71,740
Mission and Program Overview

Mission

Modern greek studies seeks to stimulate the discovery and diffusion of knowledge about the language, literature, arts, history, politics, economy, and society of modern greece, cyprus, and the greek diaspora.

Dissemination of information about greek culture through a journal-periodical, conferences and symposium.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$366,266$519,097▲ $152,831
Cash and Non-Interest-Bearing Accounts$191,828$78,261▼ $113,567
Land, Buildings, and Equipment, Net$137$89▼ $48
Total Assets$558,231$597,447▲ $39,216
Liabilities
Other Liabilities$1,375$1,799▲ $424
Total Liabilities$1,375$1,799▲ $424
Net Assets / Fund Balance
Unrestricted Net Assets$556,856$595,648▲ $38,792
Total Net Assets Fund Balance$556,856$595,648▲ $38,792
Total Liabilities and Net Assets / Fund Balance$558,231$597,447▲ $39,216

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$89$152$241
Other Securities$519,097--
Compensation and Service Providers
Top Officer Pay50th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Gonda Van SteenExecutive DirectorPT$6,667$6,667

Board Members and Trustees

NameTitle
Neovi KarakatsanisPresident
Giorgos AnagnostouVice President
Artemis LeontisExecutive Board Member
Christopher GrafosExecutive Board Member
Franklin HessExecutive Board Member
Karen EmmerichExecutive Board Member
Katerina LagosExecutive Board Member
Kostis KornetisExecutive Board Member
Sakis GekasExecutive Board Member
Susan Buck SuttonExecutive Board Member
Tassos AnastassiadisExecutive Board Member
Gerasimus KatsanSecretary
Kostis KourelisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$36,738
Program Service Revenue
$500
Investment Income
$34,502
Other Revenue
$0
All Other Contributions
$25,950
Change in Net Assets
$23,370
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$33,198
Salaries, Compensation, and Employee Benefits$14,172
Grants and Similar Amounts Paid$1,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$14,632--$14,632
Information Technology$6,864--$6,864
Current Officers, Directors, Trustees, and Key Employees$6,667--$6,667
Other Salaries and Wages$6,498--$6,498
Fees for Services Accounting-$3,405-$3,405
Other Expenses$3,051--$3,051
Office Expenses$1,635--$1,635
Payroll Taxes$1,007--$1,007
Grants to Domestic Individuals$1,000--$1,000
Depreciation Depletion$48--$48
Total Functional Expenses$44,965$3,405$0$48,370
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Tax Liabilities$1,799
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“Board member reviews form 990 before final filing of return.”

Form 990, Part VI, Section B, Line 15B

“The board approves all compensation.”

Form 990, Part VI, Section C, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Modern Greek Studies Assoc Inc
EIN
22-1992750
Phone
3302830953
Address
C/O GONDA VAN STEEN PO BOX 117435, GAINESVILLE, FL 32611-7435

Signing Officer

Name
Gonda Van Steen
Title
Executive Director
Phone
3302830953
Signed
2015-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gonda Van Steen
Formed
1970
Legal Domicile
Nj
Voting Board Members
14
Independent Board Members
13
Employees
2
Volunteers
13

Preparer

Firm
Skoda Minotti & Co
Address
3320 WEST MARKET STREET STE 300, FAIRLAWN, OH 44333
Preparer
Jeffrey a Foster CPA
Phone
3306681100
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt037238
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt058161
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt027810
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt09785
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0133094
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt034502
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt027174
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt09378
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06358
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04505
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt081917
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.61900
IRS990ScheduleA/PublicSupportPY170Pct00.67090
IRS990ScheduleA/PublicSupportTotal170Amt0133094
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt037238
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt058161
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0100
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt027810
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt09785
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0133094
IRS990ScheduleA/TotalSupportAmt0215011
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt089
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0152
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0241
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01799
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAX LIABILITIES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0519097
IRS990ScheduleD/OtherSecuritiesGrp/Desc0OTHER INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt089
IRS990ScheduleD/TotalBookValueSecuritiesAmt0519097
IRS990ScheduleD/TotalLiabilityAmt01799
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBER REVIEWS FORM 990 BEFORE FINAL FILING OF RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD APPROVES ALL COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0558231
IRS990/TotalAssetsEOYAmt0597447
IRS990/TotalAssetsGrp/BOYAmt0558231
IRS990/TotalAssetsGrp/EOYAmt0597447
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt036738
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03405
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt044965
IRS990/TotalFunctionalExpensesGrp/TotalAmt048370
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01375
IRS990/TotalLiabilitiesEOYAmt01799
IRS990/TotalLiabilitiesGrp/BOYAmt01375
IRS990/TotalLiabilitiesGrp/EOYAmt01799
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0556856
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0595648
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt044965
IRS990/TotalProgramServiceRevenueAmt0500
IRS990/TotalReportableCompFromOrgAmt06667
IRS990/TotalRevenueGrp/ExclusionAmt034502
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0500
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt071740
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt013
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0558231
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0597447
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt014632
IRS990/TravelGrp/TotalAmt014632
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0556856
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0595648
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0C/O GONDA VAN STEEN PO BOX 117435
IRS990/USAddress/CityNm0GAINESVILLE
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd0326117435
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.MGSA.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GONDA VAN STEEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03302830953
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-04-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MODERN GREEK STUDIES ASSOC INC
ReturnHeader/Filer/BusinessNameControlTxt0MODE
ReturnHeader/Filer/EIN0221992750
ReturnHeader/Filer/PhoneNum03302830953
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O GONDA VAN STEEN PO BOX 117435
ReturnHeader/Filer/USAddress/CityNm0GAINESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd0326117435
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341945206
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SKODA MINOTTI & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03320 WEST MARKET STREET STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FAIRLAWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044333

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$597,447
Liabilities
$1,799
Net assets
$595,648
Revenue
$71,740
Expenses
$48,370
Net income
$23,370
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.31$0.00$9.31$1.89$1.13$0.76
2023Summary only. Only limited summary data is available for this year.$8.14$0.00$8.14$0.27$0.63$0.36
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.65$0.00$7.65$0.71$0.66$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.63$0.01$8.62$0.82$0.44$0.38
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.59$0.01$7.58$0.23$0.38$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.51$0.01$7.50$0.99$0.65$0.34
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.26$0.00$6.26$0.37$0.48$0.10
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.19$0.02$7.17$1.79$0.55$1.25
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.11$0.02$6.09$0.40$0.43$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.83$0.02$5.81$0.67$0.52$0.15
2014Detailed filing. Detailed filing data is available for this year.$5.97$0.02$5.96$0.72$0.48$0.23
2013Detailed filing. Detailed filing data is available for this year.$5.58$0.01$5.57$0.86$0.50$0.36
2012Summary only. Only limited summary data is available for this year.$4.65$0.01$0.47$0.35$0.12
2011Summary only. Only limited summary data is available for this year.$4.15$0.01$0.45$0.41$0.04