Civic Intelligence

Hellenic Roots Foundation Inc

EIN 81-2757902 • 501(c)3 • Astoria, NY

Profile

EDUCATIONAL AND CULTURAL

18-54 43rd Street 2nd FloorAstoria, NY 11105

www.hellenicroots.org

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.03x

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

501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

66th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

39th percentile

-3.2%

Higher net margin than 39% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

90th percentile

$30,421

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 16.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

34th percentile

-17%

Faster asset growth than 34% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

84th percentile

50%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Down

$25,425

Down $5,253 (-17%) from 2018

Liabilities

$806

No earlier filing loaded for comparison.

Net Assets

Down

$24,619

Down $6,059 (-20%) from 2018

Operations
Liabilities / Revenue66th percentileNet Margin39th percentile

Revenue

Up

$189,724

Up $63,518 (+50%) from 2018

Expenses

Up

$195,783

Up $88,724 (+83%) from 2018

Net Income

Down

-$6,059

Down $25,206 (-132%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth34th percentile

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

$40K$30K$20K$10K$0Assets 2017: $11,531Net Assets 2017: $11,5312017Assets 2018: $30,678Net Assets 2018: $30,6782018Assets 2019: $25,425Liabilities 2019: $806Net Assets 2019: $24,6192019

Highlighted filing

2019

Assets$25,425
Liabilities$806
Net Assets$24,619
Open 2019 Filing

Operations Trend

Revenue Growth84th percentile

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

$200K$100K$0-$100KRevenue 2017: $74,865Expenses 2017: $63,334Net Income 2017: $11,5312017Revenue 2018: $126,206Expenses 2018: $107,059Net Income 2018: $19,1472018Revenue 2019: $189,724Expenses 2019: $195,783Net Income 2019: -$6,0592019

Highlighted filing

2019

Revenue$189,724
Expenses$195,783
Net Income-$6,059
Open 2019 Filing

Filings

Most recent year

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

Open filing
Assets
$25,425
Liabilities
$806
Net assets
$24,619
Revenue
$189,724
Expenses
$195,783
Net income
-$6,059
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.25$0.01$0.25$1.90$1.96$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.31$0.31$1.26$1.07$0.19
2017Detailed filing. Detailed filing data is available for this year.$0.12$0.12$0.75$0.63$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.0
Gross Receipts
$189,724
Mission and Program Overview

Mission

EDUCATIONAL AND CULTURAL

Our mission at the hellenic roots foundation is to preserve, promote, and perpetuate hellenic culture and heritage in nyc through various artistic productions, re-enactments of traditions and rituals, the fabrication and preservation of traditional hellenic garb, the study of traditional hellenic instruments, dance, music & song, the study of hellenic history,language and culture, educational workshops & seminars, and other various social functions

Program Services

DescriptionGrantsExpenses
OUR MISSION AT THE HELLENIC ROOTS FOUNDATION IS TO PRESERVE, PROMOTE, AND PERPETUATE HELLENIC CULTURE AND HERITAGE IN NYC THROUGH VARIOUS ARTISTIC PRODUCTIONS, RE-ENACTMENTS OF TRADITIONS AND RITUALS, THE FABRICATION AND PRESERVATION OF TRADITIONAL HELLENIC GARB, THE STUDY OF TRADITIONAL HELLENIC INSTRUMENTS, DANCE, MUSIC & SONG, THE STUDY OF HELLENIC HISTORY,LANGUAGE AND CULTURE, EDUCATIONAL WORKSHOPS & SEMINARS, AND OTHER VARIOUS SOCIAL FUNCTIONS$195,783-
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PETROS FOURNIOTISPresidentFT$30,421-$30,421
DIONYSIOS SIACHRASVice President-$0--
ONOFRIO ARGENTODirector-$0--
GEORGIA KOPANIDirector-$0--
DEMETRIOS TASHIDirector-$0--
Filing and Contact Details

Filer

Filer Name
Hellenic Roots Foundation Inc
EIN
81-2757902
Phone
9175459717
Address
18-54 43RD STREET 2ND FLOOR, ASTORIA, NY 11105

Signing Officer

Name
Petros Fourniotis
Title
President
Signed
2020-11-16
Discuss with paid preparer
Yes

Preparer

Firm
Peter Stellatos CPA
Address
65A 67 CUTTERMILL RD, GREAT NECK, NY 11021
Preparer
Peter Stellatos CPA
Phone
7182291004
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $330”

Other Expenses.1002

“Office Expenses $5176”

Other Expenses.1005

“Travel $10776”

Other Expenses.1009

“Depreciation $6374”

Other Expenses.1012

“Insurance $1302”

Other Expenses.1

“Rent Common Charges $60713”

Other Expenses.2

“Performance Expenses $22820”

Other Expenses.3

“Program Meals & Entertainment $5683”

Other Expenses.4

“Equipment Rentals $3202”

Other Expenses.6

“Supplies & Other Program Exps $2295”

Other Expenses.7

“Utilities $1581”

Other Expenses.8

“Bank & Merchant Fees $10”

Other Assets.1002

“Furniture and Fixtures - Beginning $2833 Furniture and Fixtures - Ending $5528”

Other Assets.1003

“Machinery and Equipment - Beginning $9435 Machinery and Equipment - Ending $5661”

Total Liabilities.1

“Account Overdrawn - Beginning $0 Account Overdrawn - Ending $806”

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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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ReturnHeader/BuildTS02021-04-22 16:20:28Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0PETROS FOURNIOTIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-16
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ReturnHeader/Filer/BusinessNameControlTxt0HELL
ReturnHeader/Filer/EIN0812757902
ReturnHeader/Filer/PhoneNum09175459717
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ReturnHeader/ReturnTs02020-11-16T12:18:05-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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