Civic Intelligence

Ethnikos Kyrix National Herald Foundation

990 • Fiscal year 2017 • EIN 47-3103276

Jan 01, 2017 to Dec 31, 2017 • Filed on May 09, 2018

37-10 30th StreetLong Island City, NY 11101

(718) 784-5255

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.04x

Higher debt load relative to assets than 72% of similar nonprofits.

2017 filings • NTEE A23 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

85th percentile

0.21x

Higher debt load relative to revenue than 85% of similar nonprofits.

2017 filings • NTEE A23 • <$500k nonprofits • Source year 2017

Net Margin

18th percentile

-20%

Higher net margin than 18% of similar nonprofits.

2017 filings • NTEE A23 • <$500k nonprofits • Source year 2017

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2017 filings • NTEE A23 • <$500k nonprofits • Source year 2017

Asset Growth

21st percentile

-21%

Faster asset growth than 21% of similar nonprofits.

2017 filings • NTEE A23 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

4th percentile

-85%

Faster revenue growth than 4% of similar nonprofits.

2017 filings • NTEE A23 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$44,589

Down $11,802 (-21%) from 2016

Net Assets

Down

$42,942

Down $1,535 (-3.5%) from 2016

Liabilities

Down

$1,647

Down $10,267 (-86%) from 2016

Revenue

Down

$7,672

Down $42,758 (-85%) from 2016

Expenses

Down

$9,207

Down $7,354 (-44%) from 2016

Net Income

Down

-$1,535

Down $35,404 (-105%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2015: $15,987Liabilities 2015: $5,379Net Assets 2015: $10,6082015Assets 2016: $56,391Liabilities 2016: $11,914Net Assets 2016: $44,4772016Assets 2017: $44,589Liabilities 2017: $1,647Net Assets 2017: $42,9422017Assets 2018: $38,031Liabilities 2018: $2,695Net Assets 2018: $35,3362018Assets 2019: $401,479Liabilities 2019: $2,695Net Assets 2019: $398,7842019Assets 2020: $375,971Liabilities 2020: $0Net Assets 2020: $375,9712020Assets 2021: $181,534Liabilities 2021: $0Net Assets 2021: $181,5342021Assets 2022: $163,100Liabilities 2022: $152Net Assets 2022: $162,9482022Assets 2023: $146,910Liabilities 2023: $0Net Assets 2023: $146,9102023Assets 2024: $131,492Liabilities 2024: $0Net Assets 2024: $131,4922024

Highlighted filing

2017

Assets$44,589
Liabilities$1,647
Net Assets$42,942

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $24,282Expenses 2015: $13,674Net Income 2015: $10,6082015Revenue 2016: $50,430Expenses 2016: $16,561Net Income 2016: $33,8692016Revenue 2017: $7,672Expenses 2017: $9,207Net Income 2017: -$1,5352017Revenue 2018: $8,450Expenses 2018: $16,055Net Income 2018: -$7,6052018Revenue 2019: $485,370Expenses 2019: $121,923Net Income 2019: $363,4472019Revenue 2020: $5,969Expenses 2020: $31,477Net Income 2020: -$25,5082020Revenue 2021: $824Expenses 2021: $195,260Net Income 2021: -$194,4362021Revenue 2022: $1,248Expenses 2022: $19,834Net Income 2022: -$18,5862022Revenue 2023: $1,766Expenses 2023: $17,794Net Income 2023: -$16,0282023Revenue 2024: $8,489Expenses 2024: $23,907Net Income 2024: -$15,4182024

Highlighted filing

2017

Revenue$7,672
Expenses$9,207
Net Income-$1,535
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 9, 2018
Return Version
2017v2.2
Gross Receipts
$7,672
Mission and Program Overview

Mission

Ethnikos kyrix/ national herald foundation was formed for the charitable and educational purposes of promoting and supporting greek culture and heritage, and preserving greek ethnic, cultural, racial, regional, linguistic, and religious traditions.the organization will conduct a broad range of cultural, educational and human services activities that benefit youth, elders, immigrants, neighborhoods, and towns that have significant greek and greek-american populations. The organiztion will be supported primarily by contributions from the public, and its programs will be open to the public, often free of charge. The organization also plans to promote philanthrophy within the greek community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$47,564$35,762▼ $11,802
Receivables From Officers Etc$8,827$8,827→ $0
Total Assets$56,391$44,589▼ $11,802
Liabilities
Accounts Payable and Accrued Expenses$11,914$1,647▼ $10,267
Total Liabilities$11,914$1,647▼ $10,267
Net Assets / Fund Balance
Unrestricted Net Assets$44,477$42,942▼ $1,535
Total Net Assets Fund Balance$44,477$42,942▼ $1,535
Total Liabilities and Net Assets / Fund Balance$56,391$44,589▼ $11,802
Compensation and Service Providers

Board Members and Trustees

NameTitle
Antonis H DiamatarisPresident
Eric HatzememosVice President
Demetrios GerolimatosSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,672
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$7,672
Change in Net Assets
$-1,535
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$8,850
Other Expenses$357
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$7,525--$7,525
Foreign Grants$1,325--$1,325
Fees for Services Legal-$196-$196
Fees for Services Other-$161-$161
Total Functional Expenses$8,850$357$0$9,207
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Related Party AffiliateReimbursement of ExpensesNo$8,827

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$8,827$8,827→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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

Antonis diamataris(president) and gerolimatos demetrios(treasurer) are both employed by the national herald inc.

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

Members if the board review the 990 before it is submitted to the irs.

Form 990, Part VI, Section C, Line 18

UPON REQUEST

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Ethnikos Kyrix National Herald
EIN
47-3103276
Phone
7187845255
Address
37-10 30TH STREET, LONG ISLAND CITY, NY 11101

Signing Officer

Name
Antonis H Diamataris
Title
President
Phone
7187845255
Signed
2018-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Antonis H Diamataris
Formed
2015
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Schulman Lobel Et Al Llp
Address
1001 AVENUE OF THE AMERICAS, NEW YORK, NY 10018
Preparer
Norman Schulman CPA
Phone
2128685781
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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/MissionDesc0ETHNIKOS KYRIX/ NATIONAL HERALD FOUNDATION WAS FORMED FOR THE CHARITABLE AND EDUCATIONAL PURPOSES OF PROMOTING AND SUPPORTING GREEK CULTURE AND HERITAGE, AND PRESERVING GREEK ETHNIC, CULTURAL, RACIAL, REGIONAL, LINGUISTIC, AND RELIGIOUS TRADITIONS.THE ORGANIZATION WILL CONDUCT A BROAD RANGE OF CULTURAL, EDUCATIONAL AND HUMAN SERVICES ACTIVITIES THAT BENEFIT YOUTH, ELDERS, IMMIGRANTS, NEIGHBORHOODS, AND TOWNS THAT HAVE SIGNIFICANT GREEK AND GREEK-AMERICAN POPULATIONS. THE ORGANIZTION WILL BE SUPPORTED PRIMARILY BY CONTRIBUTIONS FROM THE PUBLIC, AND ITS PROGRAMS WILL BE OPEN TO THE PUBLIC, OFTEN FREE OF CHARGE. THE ORGANIZATION ALSO PLANS TO PROMOTE PHILANTHROPHY WITHIN THE GREEK COMMUNITY.
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ETHNIKOS KYRIX NATIONAL HERALD FOUNDATION DISTRIBUTES MONEY DIRECTLY TO THOSE WHO ARE IN NEED OF ASSISTANCE. TO ENSURE THE DIRECT DISBURSEMENT OF FUNDS ARE USED FOR THE INTENDED PURPOSE, THE FOUNDATION MAINTAINS RECORDS OF THE INDIVIDUAL(S) INCLUDING VALID PROOF AND IDENTIFICATION FOR THE INDIVIDUAL(S) SEEKING ASSISTANCE FROM THE FOUNDATION.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS IF THE BOARD REVIEW THE 990 BEFORE IT IS SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
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IRS990/TotalLiabilitiesEOYAmt01647
IRS990/TotalLiabilitiesGrp/BOYAmt011914
IRS990/TotalLiabilitiesGrp/EOYAmt01647
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt044477
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt042942
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt08850
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07672
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt056391
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt044589
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd01
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt044477
IRS990/UnrestrictedNetAssetsGrp/EOYAmt042942
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt037-10 30TH STREET
IRS990/USAddress/CityNm0LONG ISLAND CITY
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011101
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANTONIS H DIAMATARIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07187845255
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ETHNIKOS KYRIX NATIONAL HERALD
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ETHN
ReturnHeader/Filer/EIN0473103276
ReturnHeader/Filer/PhoneNum07187845255
ReturnHeader/Filer/USAddress/AddressLine1Txt037-10 30TH STREET
ReturnHeader/Filer/USAddress/CityNm0LONG ISLAND CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011101
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0826E7B1D74A892DE447EE0EDB5A2F712EA00D6A8
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0158.106.220.82
ReturnHeader/FilingSecurityInformation/IPDt02018-05-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm010:35:37
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223840651
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHULMAN LOBEL ET AL LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01001 AVENUE OF THE AMERICAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010018
ReturnHeader/PreparerPersonGrp/PhoneNum02128685781
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NORMAN SCHULMAN CPA
ReturnHeader/ReturnTs02018-05-15T08:55:58-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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