Civic Intelligence

Hellenic Bar Association Foundation

EIN 36-4444401 • 501(c)3 • Warrenville, IL

Profile

Improve the effectiveness and efficiency of the administration of justice in the state of il and members' effectiveness and efficiency in the practive of law. Ensure that bench and bar adhere to acceptable professional and ethical standards. Improve public understanding of the functions and importance of our legal and constitutional system and encourage respect thereof. Increase public understanding and respect for the legal profession and the role of hellenism in the law.

4200 Cantera Drive 112Warrenville, IL 60555

www.hellenicbar.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

41st percentile

0.5%

Higher net margin than 41% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

78th percentile

22%

Faster asset growth than 78% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Revenue Growth

47th percentile

5.4%

Faster revenue growth than 47% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$621,090

Up $20,798 (+3.5%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$621,090

Up $20,798 (+3.5%) from 2023

Operations
Liabilities / Revenue34th percentileNet Margin41st percentile

Revenue

Down

$135,971

Down $56,889 (-29%) from 2023

Expenses

Up

$135,237

Up $116,791 (+633%) from 2023

Net Income

Down

$734

Down $173,680 (-100%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth78th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2013: $145,432Net Assets 2013: $145,4322013Assets 2014: $178,437Liabilities 2014: $0Net Assets 2014: $178,4372014Assets 2015: $208,067Liabilities 2015: $0Net Assets 2015: $208,0672015Assets 2016: $212,620Liabilities 2016: $0Net Assets 2016: $212,6202016Assets 2017: $222,556Liabilities 2017: $0Net Assets 2017: $222,5562017Assets 2018: $233,981Liabilities 2018: $0Net Assets 2018: $233,9812018Assets 2019: $293,416Liabilities 2019: $0Net Assets 2019: $293,4162019Assets 2020: $285,746Liabilities 2020: $0Net Assets 2020: $285,7462020Assets 2021: $395,010Liabilities 2021: $0Net Assets 2021: $395,0102021Assets 2022: $416,303Liabilities 2022: $0Net Assets 2022: $416,3032022Assets 2023: $600,292Liabilities 2023: $0Net Assets 2023: $600,2922023Assets 2024: $621,090Liabilities 2024: $0Net Assets 2024: $621,0902024

Highlighted filing

2024

Assets$621,090
Liabilities$0
Net Assets$621,090
Open 2024 Filing

Operations Trend

Revenue Growth47th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2013: $22,558Expenses 2013: $36,280Net Income 2013: -$13,7222013Revenue 2014: $159,414Expenses 2014: $126,409Net Income 2014: $33,0052014Revenue 2015: $151,838Expenses 2015: $122,208Net Income 2015: $29,6302015Revenue 2016: $115,812Expenses 2016: $111,259Net Income 2016: $4,5532016Revenue 2017: $106,912Expenses 2017: $96,976Net Income 2017: $9,9362017Revenue 2018: $81,581Expenses 2018: $70,156Net Income 2018: $11,4252018Revenue 2019: $193,854Expenses 2019: $134,419Net Income 2019: $59,4352019Revenue 2020: $129,355Expenses 2020: $137,025Net Income 2020: -$7,6702020Revenue 2021: $279,178Expenses 2021: $144,978Net Income 2021: $134,2002021Revenue 2022: $122,473Expenses 2022: $74,970Net Income 2022: $47,5032022Revenue 2023: $192,860Expenses 2023: $18,446Net Income 2023: $174,4142023Revenue 2024: $135,971Expenses 2024: $135,237Net Income 2024: $7342024

Highlighted filing

2024

Revenue$135,971
Expenses$135,237
Net Income$734
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$621,090
Liabilities
$0
Net assets
$621,090
Revenue
$135,971
Expenses
$135,237
Net income
$734
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.21$0.00$6.21$1.36$1.35$0.01
2023Detailed filing. Detailed filing data is available for this year.$6.00$0.00$6.00$1.93$0.18$1.74
2022Detailed filing. Detailed filing data is available for this year.$4.16$0.00$4.16$1.22$0.75$0.48
2021Detailed filing. Detailed filing data is available for this year.$3.95$0.00$3.95$2.79$1.45$1.34
2020Detailed filing. Detailed filing data is available for this year.$2.86$0.00$2.86$1.29$1.37$0.08
2019Detailed filing. Detailed filing data is available for this year.$2.93$0.00$2.93$1.94$1.34$0.59
2018Detailed filing. Detailed filing data is available for this year.$2.34$0.00$2.34$0.82$0.70$0.11
2017Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$1.07$0.97$0.10
2016Detailed filing. Detailed filing data is available for this year.$2.13$0.00$2.13$1.16$1.11$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$1.52$1.22$0.30
2014Detailed filing. Detailed filing data is available for this year.$1.78$0.00$1.78$1.59$1.26$0.33
2013Detailed filing. Detailed filing data is available for this year.$1.45$1.45$0.23$0.36$0.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 25, 2025
Return Version
2024v5.2
Gross Receipts
$518,668
Mission and Program Overview

Mission

Improve the effectiveness and efficiency of the administration of justice in the state of il and members' effectiveness and efficiency in the practive of law. Ensure that bench and bar adhere to acceptable professional and ethical standards. Improve public understanding of the functions and importance of our legal and constitutional system and encourage respect thereof. Increase public understanding and respect for the legal profession and the role of hellenism in the law.

To apply its income and all or any part of its principal to: (1) Support programs and organizations which may be expected to contribute to the administration of justice and of the legal services available to the public with particular reference to the State of Illinois; (2) Support any program or organization whose purposes and operations are exclusively charitable, scientific, literary or educational; (3) Foster and maintain the honor and integrity of the profession of the law; (4) Promote the study of the law and research therein, the diffusion of knowledge thereof, and the continuing education of lawyers; (5) Provide support organizations established to provide legal services through staff attorneys or unpaid volunteers to persons who find it difficult to obtain such services through normal channels.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$264,151$388,282▲ $124,131
Cash and Non-Interest-Bearing Accounts$225,214$116,191▼ $109,023
Savings and Temporary Cash Investments$110,348$116,038▲ $5,690
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$600,292$621,090▲ $20,798
Other Assets Total$579$579→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$539,792$616,240▲ $76,448
Net Assets With Donor Restrictions$60,500$4,850▼ $55,650
Total Net Assets Fund Balance$600,292$621,090▲ $20,798
Total Liabilities and Net Assets / Fund Balance$600,292$621,090▲ $20,798
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Spyridon J DemakisChair of Board
Athena FarmakisPresident
Pamela Visvardis SavvidesPresident-Elect
Constantine KanellosDirector
Dimitra AndersonDirector
Eleni KatsoulisDirector
Hariklia KarisDirector
Kyriakoula A FournierDirector
Maria VathisDirector
Thomas MassourasDirector
Vicki Pappas KarlDirector
Efie M VainikosCorr. Secretary
Hon Frank AndreouFirst V.P.
Angelo TzivasLaw Sch Liaison
Katerina AlexopoulosSecond V.P.
Themistocles FrangosSecretary
Georgia Loukas DemerosTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$159,695
Program Service Revenue
$0
Investment Income
$13,370
Other Revenue
$-37,094
Change in Net Assets
$734
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$122,400
Other Expenses$12,837
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$121,400--$121,400
Conferences and Meetings-$3,665-$3,665
Fees for Service Investment Mgmnt Fees-$3,612-$3,612
Fees for Services Accounting-$2,500-$2,500
Grants to Domestic Orgs$1,000--$1,000
Advertising-$575-$575
All Other Expenses-$539-$539
Insurance-$487-$487
Other Expenses$341$243-$243
Office Expenses-$125-$125
Total Functional Expenses$123,241$11,996$0$135,237
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$145,350
Fundraising Gross Income$108,256
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Scholarship Ball$267,951$108,256$52,428$55,828
Total Events$267,951$108,256$145,350$-37,094
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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

Form 990, Part VI, Section A, Line 2

“Hariklia Karris, Director, is married to Constantine Kanellos, director.”

Form 990, Part VI, Section B, Line 11B

“The return is circulated to all the officers of the foundation prior to filing.”

Form 990, Part VI, Section C, Line 19

“All documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Hellenic Bar Association Foundation
EIN
36-4444401
Address
4200 Cantera Drive 112, Warrenville, IL 60555

Signing Officer

Name
Georgia Loukas Demeros
Title
Treasurer
Signed
2025-07-25
Discuss with paid preparer
Yes

Organization Details

Formed
2001
Legal Domicile
Il
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
50

Preparer

Firm
Adducci Vega Financial Group LLC
Address
7808 WEST COLLEGE DRIVE STE 3W, PALOS HEIGHTS, IL 60463
Preparer
Michael Kazmarski
Phone
7085943838
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IRS990/Form990PartVIISectionAGrp/PersonNm3Katerina Alexopoulos
IRS990/Form990PartVIISectionAGrp/PersonNm4Georgia Loukas Demeros
IRS990/Form990PartVIISectionAGrp/PersonNm5Themistocles Frangos
IRS990/Form990PartVIISectionAGrp/PersonNm6Efie M Vainikos
IRS990/Form990PartVIISectionAGrp/PersonNm7Angelo Tzivas
IRS990/Form990PartVIISectionAGrp/PersonNm8Spyridon J Demakis
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IRS990/Form990PartVIISectionAGrp/PersonNm13Hariklia Karis
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IRS990/Form990PartVIISectionAGrp/PersonNm15Thomas Massouras
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IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Corr. Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt7Law Sch Liaison
IRS990/Form990PartVIISectionAGrp/TitleTxt8Chair of Board
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IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
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IRS990/MissionDesc0To apply its income and all or any part of its principal to: (1) Support programs and organizations which may be expected to contribute to the administration of justice and of the legal services available to the public with particular reference to the State of Illinois; (2) Support any program or organization whose purposes and operations are exclusively charitable, scientific, literary or educational; (3) Foster and maintain the honor and integrity of the profession of the law; (4) Promote the study of the law and research therein, the diffusion of knowledge thereof, and the continuing education of lawyers; (5) Provide support organizations established to provide legal services through staff attorneys or unpaid volunteers to persons who find it difficult to obtain such services through normal channels.
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