Civic Intelligence

Ethnikos Kyrix National Herald Foundation

990 • Fiscal year 2020 • EIN 47-3103276

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 28, 2021

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

59th percentile

0.00x

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

2020 filings • NTEE A23 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

58th percentile

0.00x

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

2020 filings • NTEE A23 • <$500k nonprofits • Source year 2020

Net Margin

4th percentile

-427%

Higher net margin than 4% of similar nonprofits.

2020 filings • NTEE A23 • <$500k nonprofits • Source year 2020

Top Officer Pay

88th percentile

$0

Higher top officer pay than 88% of similar nonprofits.

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

2020 filings • NTEE A23 • <$500k nonprofits • Source year 2020

Asset Growth

37th percentile

-6.4%

Faster asset growth than 37% of similar nonprofits.

2020 filings • NTEE A23 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

6th percentile

-99%

Faster revenue growth than 6% of similar nonprofits.

2020 filings • NTEE A23 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$375,971

Down $25,508 (-6.4%) from 2019

Net Assets

Down

$375,971

Down $22,813 (-5.7%) from 2019

Liabilities

Down

$0

Down $2,695 (-100%) from 2019

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin4th percentile

Revenue

Down

$5,969

Down $479,401 (-99%) from 2019

Expenses

Down

$31,477

Down $90,446 (-74%) from 2019

Net Income

Down

-$25,508

Down $388,955 (-107%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth37th 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

2020

Assets$375,971
Liabilities$0
Net Assets$375,971
Open 2020 Filing

Operations Trend

Revenue Growth6th 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

2020

Revenue$5,969
Expenses$31,477
Net Income-$25,508
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 28, 2021
Return Version
2020v4.1
Gross Receipts
$5,969
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$336,681▲ $2,061
Cash and Non-Interest-Bearing Accounts$58,032$30,463▼ $27,569
Receivables From Officers Etc$8,827$8,827→ $0
Total Assets$401,479$375,971▼ $25,508
Liabilities
Accounts Payable and Accrued Expenses$2,695$0▼ $2,695
Total Liabilities$2,695$0▼ $2,695
Net Assets / Fund Balance
Net Assets With Donor Restrictions$363,270$363,270→ $0
Net Assets Without Donor Restrictions$35,514$12,701▼ $22,813
Total Net Assets Fund Balance$398,784$375,971▼ $22,813
Total Liabilities and Net Assets / Fund Balance$401,479$375,971▼ $25,508
Compensation and Service Providers
Top Officer Pay88th percentile

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$3,909
Program Service Revenue
$0
Investment Income
$2,060
Other Revenue
$0
All Other Contributions
$3,909
Change in Net Assets
$-25,508
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$24,250
Other Expenses$7,227
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$20,000--$20,000
Information Technology$6,000--$6,000
Grants to Domestic Individuals$3,050--$3,050
Foreign Grants$1,200--$1,200
Fees for Services Accounting-$991-$991
Fees for Services Other-$130-$130
Fees for Services Legal-$106-$106
Total Functional Expenses$30,250$1,227$0$31,477
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Greek Orthodox Archdiocese of AmericaNew York, NY-General Support$10,000
St Demetrios High SchoolAstoria, NY-General Support$5,000
St Nicholas Greek Orthodox ChurchFlushing, NY-General Support$5,000
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

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
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
2021-07-28
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
Raw XML Appendix366 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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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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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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IRS990ScheduleR/SharingOfFacilitiesInd00
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IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0NATIONAL HERALD INC
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ReturnHeader/TaxYr02020

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$375,971
Liabilities
$0
Net assets
$375,971
Revenue
$5,969
Expenses
$31,477
Net income
-$25,508
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