Civic Intelligence

Greater Manchester Hellenic Scholarship Fund

990 • Fiscal year 2017 • EIN 23-7296946

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 23, 2018

Organization Profile
CO Arthur Pappas 245 Hooksett RdManchester, NH 03104

(617) 846-0074

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

89th percentile

41%

Higher net margin than 89% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

57th percentile

6.2%

Faster asset growth than 57% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

91st percentile

85%

Faster revenue growth than 91% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$388,832

Up $22,612 (+6.2%) from 2016

Net Assets

Up

$388,832

Up $22,612 (+6.2%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin89th percentile

Revenue

Up

$54,796

Up $25,218 (+85%) from 2016

Expenses

Up

$32,185

Up $12,610 (+64%) from 2016

Net Income

Up

$22,611

Up $12,608 (+126%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

$600K$400K$200K$0Assets 2016: $366,220Liabilities 2016: $0Net Assets 2016: $366,2202016Assets 2017: $388,832Liabilities 2017: $0Net Assets 2017: $388,8322017Assets 2018: $339,878Liabilities 2018: $0Net Assets 2018: $339,8782018Assets 2019: $370,937Liabilities 2019: $0Net Assets 2019: $370,9372019Assets 2020: $370,280Liabilities 2020: $0Net Assets 2020: $370,2802020Assets 2021: $411,403Liabilities 2021: $0Net Assets 2021: $411,4032021Assets 2022: $504,803Liabilities 2022: $0Net Assets 2022: $504,8032022Assets 2023: $518,671Liabilities 2023: $0Net Assets 2023: $518,6712023Assets 2024: $538,534Liabilities 2024: $0Net Assets 2024: $538,5342024

Highlighted filing

2017

Assets$388,832
Liabilities$0
Net Assets$388,832
Open 2017 Filing

Operations Trend

Revenue Growth91st percentile

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

$200K$100K$0-$100KRevenue 2016: $29,578Expenses 2016: $19,575Net Income 2016: $10,0032016Revenue 2017: $54,796Expenses 2017: $32,185Net Income 2017: $22,6112017Revenue 2018: -$22,379Expenses 2018: $26,575Net Income 2018: -$48,9542018Revenue 2019: $65,265Expenses 2019: $34,206Net Income 2019: $31,0592019Revenue 2020: $25,768Expenses 2020: $26,425Net Income 2020: -$6572020Revenue 2021: $27,824Expenses 2021: $18,750Net Income 2021: $9,0742021Revenue 2022: $177,296Expenses 2022: $25,796Net Income 2022: $151,5002022Revenue 2023: $23,698Expenses 2023: $35,773Net Income 2023: -$12,0752023Revenue 2024: $38,845Expenses 2024: $41,577Net Income 2024: -$2,7322024

Highlighted filing

2017

Revenue$54,796
Expenses$32,185
Net Income$22,611
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 23, 2018
Return Version
2017v2.2
Gross Receipts
$81,523
Mission and Program Overview

Mission

The primary purpose of the scholarship fund is to provide college scholarships to eligible individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$366,220$388,832▲ $22,612
Investments in Publicly Traded Securities$358,146$385,549▲ $27,403
Cash and Non-Interest-Bearing Accounts$8,074$3,283▼ $4,791
Total Assets$366,220$388,832▲ $22,612
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$366,220$388,832▲ $22,612
Total Liabilities and Net Assets / Fund Balance$366,220$388,832▲ $22,612
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Stephanie Spanos HonanChair
Arthur PappasTrustee
Kristine Havelas-pelletierTrustee
Peter KachavosTrustee
Vasiliki CanotasTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$1,275
Program Service Revenue
$36,797
Investment Income
$16,724
Other Revenue
$0
All Other Contributions
$1,275
Change in Net Assets
$22,611
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$31,000
Other Expenses$1,185
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$31,000--$31,000
Fees for Services Accounting-$675-$675
Fees for Service Investment Mgmnt Fees-$175-$175
Advertising-$150-$150
Other Expenses-$110-$110
Total Functional Expenses$31,000$1,185$0$32,185
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Committee meeting documentation Part VI line 8B

“The organization has no committees. All decisions are made by the board.”

Form 990 governing body review Part VI line 11

“The trustees review form 990.”

Governing documents etc available to public Part VI line 19

“No other documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Greater Manchester Hellenic Scholarship Fund
EIN
23-7296946
Address
CO ARTHUR PAPPAS 245 HOOKSETT RD, MANCHESTER, NH 03104

Signing Officer

Name
Stephanie Spanos Honan
Title
Chair
Phone
6178460074
Signed
2018-04-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephanie Spanos Honan
Formed
1973
Legal Domicile
Nh
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Michael P Lussier CPA
Address
61 North Street, Manchester, NH 03104
Preparer
Michael P Lussier
Phone
6036240027
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“ROUNDING, $1.00”

Raw XML Appendix331 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TRUSTEES REVIEW FORM 990.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROUNDING, $1.00
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ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0237296946
ReturnHeader/Filer/USAddress/AddressLine1Txt0CO ARTHUR PAPPAS 245 HOOKSETT RD
ReturnHeader/Filer/USAddress/CityNm0MANCHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NH
ReturnHeader/Filer/USAddress/ZIPCd003104
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09E491D484E3D98BAE57BB71ACC55F9A5E352793E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09E491D484E3D98BAE57BB71ACC55F9A5E352793E
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId00213642018115ci3polr
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-04-25
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0184.171.140.17
ReturnHeader/FilingSecurityInformation/IPDt02018-04-25
ReturnHeader/FilingSecurityInformation/IPTm014:56:07
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271260775
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Michael P Lussier CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt061 North Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Manchester
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd003104
ReturnHeader/PreparerPersonGrp/PhoneNum06036240027
ReturnHeader/PreparerPersonGrp/PreparationDt02018-04-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael P Lussier
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-04-25T14:47:23-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$388,832
Liabilities
$0
Net assets
$388,832
Revenue
$54,796
Expenses
$32,185
Net income
$22,611
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.
2024Detailed filing. Detailed filing data is available for this year.$5.39$0.00$5.39$0.39$0.42$0.03
2023Detailed filing. Detailed filing data is available for this year.$5.19$0.00$5.19$0.24$0.36$0.12
2022Detailed filing. Detailed filing data is available for this year.$5.05$0.00$5.05$1.77$0.26$1.52
2021Detailed filing. Detailed filing data is available for this year.$4.11$0.00$4.11$0.28$0.19$0.09
2020Detailed filing. Detailed filing data is available for this year.$3.70$0.00$3.70$0.26$0.26$0.01
2019Detailed filing. Detailed filing data is available for this year.$3.71$0.00$3.71$0.65$0.34$0.31
2018Detailed filing. Detailed filing data is available for this year.$3.40$0.00$3.40$0.22$0.27$0.49
2017Detailed filing. Detailed filing data is available for this year.$3.89$0.00$3.89$0.55$0.32$0.23
2016Detailed filing. Detailed filing data is available for this year.$3.66$0.00$3.66$0.30$0.20$0.10