Civic Intelligence

Modern Greek Studies Association

990 • Fiscal year 2016 • EIN 22-1992750

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 13, 2017

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

31st percentile

0.00x

Higher debt load relative to assets than 31% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

53rd percentile

0.05x

Higher debt load relative to revenue than 53% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

23rd percentile

-8.5%

Higher net margin than 23% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

53rd percentile

$14,000

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 35.3% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

59th percentile

4.8%

Faster asset growth than 59% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

8th percentile

-41%

Faster revenue growth than 8% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets31st percentile

Assets

Up

$610,860

Up $27,881 (+4.8%) from 2015

Net Assets

Up

$609,018

Up $27,881 (+4.8%) from 2015

Liabilities

Flat

$1,842

Flat from 2015

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin23rd percentile

Revenue

Down

$39,682

Down $27,503 (-41%) from 2015

Expenses

Down

$43,065

Down $9,228 (-18%) from 2015

Net Income

Down

-$3,383

Down $18,275 (-123%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth59th 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

2016

Assets$610,860
Liabilities$1,842
Net Assets$609,018
Open 2016 Filing

Operations Trend

Revenue Growth8th 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

2016

Revenue$39,682
Expenses$43,065
Net Income-$3,383
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 13, 2017
Return Version
2016v3.0
Gross Receipts
$39,682
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$489,694$520,958▲ $31,264
Cash and Non-Interest-Bearing Accounts$93,245$89,902▼ $3,343
Land, Buildings, and Equipment, Net$40$0▼ $40
Total Assets$582,979$610,860▲ $27,881
Liabilities
Other Liabilities$1,842$1,842→ $0
Total Liabilities$1,842$1,842→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$581,137$609,018▲ $27,881
Total Net Assets Fund Balance$581,137$609,018▲ $27,881
Total Liabilities and Net Assets / Fund Balance$582,979$610,860▲ $27,881

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$241$241
Other Securities$520,958--
Compensation and Service Providers
Top Officer Pay53rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Gonda Van SteenExecutive DirectorPT$14,000$14,000

Board Members and Trustees

NameTitle
Neovi KarakatsanisPresident
Giorgos AnagnostouVice President
Artemis LeontisBoard Member
Christopher GrafosBoard Member
Eugenia GeorgesBoard Member
Franklin HessBoard Member
Karen EmmerichBoard Member
Katerina LagosBoard Member
Sakis GekasBoard Member
Susan Buck SuttonBoard Member
Tassos AnastassiadisBoard Member
Gerasimus KatsanSecretary
Kostis KourelisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$19,220
Program Service Revenue
$0
Investment Income
$20,462
Other Revenue
$0
All Other Contributions
$12,025
Change in Net Assets
$-3,383
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$26,994
Salaries, Compensation, and Employee Benefits$15,071
Grants and Similar Amounts Paid$1,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$14,000--$14,000
Travel$7,979--$7,979
Other Expenses$7,572--$7,572
Fees for Services Accounting-$3,840-$3,840
Information Technology$3,364--$3,364
Office Expenses$2,199--$2,199
Conferences and Meetings$2,000--$2,000
Payroll Taxes$1,071--$1,071
Grants to Domestic Individuals$1,000--$1,000
Depreciation Depletion$40--$40
Total Functional Expenses$39,225$3,840$0$43,065
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$1,842
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 11B

“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
2017-02-13
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
1
Volunteers
13

Preparer

Firm
Skoda Minotti & Co
Address
3320 WEST MARKET STREET STE 300, FAIRLAWN, OH 44333
Preparer
Jeffrey a Foster CPA
Phone
3306681100
Raw XML AppendixShowing 400 of 406 raw XML fields

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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0152534
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt020462
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt027782
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt034502
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt027174
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt09378
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0119298
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01588
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.56110
IRS990ScheduleA/PublicSupportPY170Pct00.60500
IRS990ScheduleA/PublicSupportTotal170Amt0152534
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt019220
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt037815
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt037238
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt058161
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0152534
IRS990ScheduleA/TotalSupportAmt0271832
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/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0241
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0241
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01842
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAX LIABILITIES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0520958
IRS990ScheduleD/OtherSecuritiesGrp/Desc0OTHER INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0520958
IRS990ScheduleD/TotalLiabilityAmt01842
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 11B
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/TotalAssetsBOYAmt0582979
IRS990/TotalAssetsEOYAmt0610860
IRS990/TotalAssetsGrp/BOYAmt0582979
IRS990/TotalAssetsGrp/EOYAmt0610860
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt019220
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03840
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt039225
IRS990/TotalFunctionalExpensesGrp/TotalAmt043065
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01842
IRS990/TotalLiabilitiesEOYAmt01842
IRS990/TotalLiabilitiesGrp/BOYAmt01842
IRS990/TotalLiabilitiesGrp/EOYAmt01842
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0581137
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0609018
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt039225
IRS990/TotalReportableCompFromOrgAmt014000
IRS990/TotalRevenueGrp/ExclusionAmt020462
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt039682
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt013
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0582979
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0610860
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt07979
IRS990/TravelGrp/TotalAmt07979
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0581137
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0609018
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/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GONDA VAN STEEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03302830953
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-13
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/FilingSecurityInformation/AtSubmissionCreationDeviceId0C5BDB52FCE9081F7BC38F2DDB7F57A625AAFA0C4
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId040A93F929186B26F8F39EE66F2D77C997782C953
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt065.47.117.242
ReturnHeader/FilingSecurityInformation/IPDt02017-02-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm017:24:31
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
ReturnHeader/PreparerPersonGrp/PhoneNum03306681100

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$610,860
Liabilities
$1,842
Net assets
$609,018
Revenue
$39,682
Expenses
$43,065
Net income
-$3,383
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
2016Detailed filing. Detailed filing data is available for this year.$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