Civic Intelligence

Ethnikos Kyrix National Herald Foundation

990 • Fiscal year 2019 • EIN 47-3103276

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 13, 2020

Organization ProfileN/A
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

66th percentile

0.01x

Higher debt load relative to assets than 66% of similar nonprofits.

2019 filings • NTEE A23 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

2019 filings • NTEE A23 • <$500k nonprofits • Source year 2019

Net Margin

95th percentile

75%

Higher net margin than 95% of similar nonprofits.

2019 filings • NTEE A23 • <$500k nonprofits • Source year 2019

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2019 filings • NTEE A23 • <$500k nonprofits • Source year 2019

Asset Growth

98th percentile

956%

Faster asset growth than 98% of similar nonprofits.

2019 filings • NTEE A23 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

100th percentile

5644%

Faster revenue growth than 100% of similar nonprofits.

2019 filings • NTEE A23 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$401,479

Up $363,448 (+956%) from 2018

Net Assets

Up

$398,784

Up $363,448 (+1029%) from 2018

Liabilities

Flat

$2,695

Flat from 2018

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin95th percentile

Revenue

Up

$485,370

Up $476,920 (+5644%) from 2018

Expenses

Up

$121,923

Up $105,868 (+659%) from 2018

Net Income

Up

$363,447

Up $371,052 (+4879%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

2019

Assets$401,479
Liabilities$2,695
Net Assets$398,784
Open 2019 Filing

Operations Trend

Revenue Growth100th percentile

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

2019

Revenue$485,370
Expenses$121,923
Net Income$363,447
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 13, 2020
Return Version
2019v5.1
Gross Receipts
$485,370
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
Savings and Temporary Cash Investments-$334,620-
Cash and Non-Interest-Bearing Accounts$29,204$58,032▲ $28,828
Receivables From Officers Etc$8,827$8,827→ $0
Total Assets$38,031$401,479▲ $363,448
Liabilities
Accounts Payable and Accrued Expenses$2,695$2,695→ $0
Total Liabilities$2,695$2,695→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$363,270-
Net Assets Without Donor Restrictions$35,336$35,514▲ $178
Total Net Assets Fund Balance$35,336$398,784▲ $363,448
Total Liabilities and Net Assets / Fund Balance$38,031$401,479▲ $363,448
Compensation and Service Providers
Top Officer Pay85th percentile

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$482,750
Program Service Revenue
$0
Investment Income
$2,620
Other Revenue
$0
All Other Contributions
$482,750
Change in Net Assets
$363,447
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$119,923
Grants and Similar Amounts Paid$2,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Information Technology$118,800--$118,800
Grants to Domestic Individuals$2,000--$2,000
Fees for Services Accounting-$964-$964
Fees for Services Legal-$103-$103
Fees for Services Other-$56-$56
Total Functional Expenses$120,800$1,123$0$121,923
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 35% controlled entity
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

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
2020-07-13
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
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“ROUNDING 1.”

Raw XML Appendix350 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/ExplanationTxt0ANTONIS DIAMATARIS(PRESIDENT) AND GEROLIMATOS DEMETRIOS(TREASURER) ARE BOTH EMPLOYED BY THE NATIONAL HERALD INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS IF THE BOARD REVIEW THE 990 BEFORE IT IS SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ROUNDING 1.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
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IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt08827
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0NATIONAL HERALD INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt038031
IRS990/TotalAssetsEOYAmt0401479
IRS990/TotalAssetsGrp/BOYAmt038031
IRS990/TotalAssetsGrp/EOYAmt0401479
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0482750
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01123
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0120800
IRS990/TotalFunctionalExpensesGrp/TotalAmt0121923
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02695
IRS990/TotalLiabilitiesEOYAmt02695
IRS990/TotalLiabilitiesGrp/BOYAmt02695
IRS990/TotalLiabilitiesGrp/EOYAmt02695
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt035336
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0398784
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0120800
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02620
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0485370
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt038031
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0401479
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd01
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0LONG ISLAND CITY
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011101
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANTONIS H DIAMATARIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07187845255
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ETHNIKOS KYRIX NATIONAL HERALD
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ETHN
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ReturnHeader/Filer/PhoneNum07187845255
ReturnHeader/Filer/USAddress/AddressLine1Txt037-10 30TH STREET
ReturnHeader/Filer/USAddress/CityNm0LONG ISLAND CITY
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.228.80.153
ReturnHeader/FilingSecurityInformation/IPDt02020-07-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm020:38:29
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/ReturnTs02020-07-14T05:14:34-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$401,479
Liabilities
$2,695
Net assets
$398,784
Revenue
$485,370
Expenses
$121,923
Net income
$363,447
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.31$0.00$1.31$0.08$0.24$0.15
2023Detailed filing. Detailed filing data is available for this year.$1.47$0.00$1.47$0.02$0.18$0.16
2022Detailed filing. Detailed filing data is available for this year.$1.63$0.00$1.63$0.01$0.20$0.19
2021Detailed filing. Detailed filing data is available for this year.$1.82$0.00$1.82$0.01$1.95$1.94
2020Detailed filing. Detailed filing data is available for this year.$3.76$0.00$3.76$0.06$0.31$0.26
2019Detailed filing. Detailed filing data is available for this year.$4.01$0.03$3.99$4.85$1.22$3.63
2018Detailed filing. Detailed filing data is available for this year.$0.38$0.03$0.35$0.08$0.16$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.45$0.02$0.43$0.08$0.09$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.56$0.12$0.44$0.50$0.17$0.34
2015Detailed filing. Detailed filing data is available for this year.$0.16$0.05$0.11$0.24$0.14$0.11