Civic Intelligence

Arc Athens Inc.

990EZ • Fiscal year 2019 • EIN 82-1403841

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 03, 2020

217 E 70th St No 801New York, NY 10021

(917) 673-2308

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.00x

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

2019 filings • NTEE A20 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

51st percentile

0.00x

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

2019 filings • NTEE A20 • <$500k nonprofits • Source year 2019

Net Margin

76th percentile

17%

Higher net margin than 76% of similar nonprofits.

2019 filings • NTEE A20 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$8,000

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2019 filings • NTEE A20 • <$500k nonprofits • Source year 2019

Asset Growth

87th percentile

115%

Faster asset growth than 87% of similar nonprofits.

2019 filings • NTEE A20 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

88th percentile

113%

Faster revenue growth than 88% of similar nonprofits.

2019 filings • NTEE A20 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$32,037

Up $17,141 (+115%) from 2018

Net Assets

Up

$32,037

Up $17,141 (+115%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$100,792

Up $53,515 (+113%) from 2018

Expenses

Up

$83,651

Up $38,663 (+86%) from 2018

Net Income

Up

$17,141

Up $14,852 (+649%) from 2018

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2017: $12,607Liabilities 2017: $0Net Assets 2017: $12,6072017Assets 2018: $14,896Liabilities 2018: $0Net Assets 2018: $14,8962018Assets 2019: $32,037Liabilities 2019: $0Net Assets 2019: $32,0372019Assets 2020: $43,552Liabilities 2020: $45,600Net Assets 2020: -$2,0482020Assets 2021: $32,119Liabilities 2021: $46,616Net Assets 2021: -$14,4972021Assets 2022: $47,572Liabilities 2022: $45,600Net Assets 2022: $1,9722022Assets 2023: $30,855Liabilities 2023: $43,631Net Assets 2023: -$12,7762023Assets 2024: $71,564Liabilities 2024: $41,483Net Assets 2024: $30,0812024

Highlighted filing

2019

Assets$32,037
Liabilities$0
Net Assets$32,037

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2017: $16,031Expenses 2017: $3,424Net Income 2017: $12,6072017Revenue 2018: $47,277Expenses 2018: $44,988Net Income 2018: $2,2892018Revenue 2019: $100,792Expenses 2019: $83,651Net Income 2019: $17,1412019Revenue 2020: $46,233Expenses 2020: $80,318Net Income 2020: -$34,0852020Revenue 2021: $107,954Expenses 2021: $120,403Net Income 2021: -$12,4492021Revenue 2022: $175,824Expenses 2022: $159,355Net Income 2022: $16,4692022Revenue 2023: $188,090Expenses 2023: $202,838Net Income 2023: -$14,7482023Revenue 2024: $201,717Expenses 2024: $158,860Net Income 2024: $42,8572024

Highlighted filing

2019

Revenue$100,792
Expenses$83,651
Net Income$17,141
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 3, 2020
Return Version
2019v5.1
Gross Receipts
$100,792
Mission and Program Overview

Mission

The organization aims to offer a supported experience to contemporary artists and curators in the center of athens.with fostering greek-american friendship and cross-pollination as mission, the organization will work actively to facilitate introductions, communications, and relationships with the art community in athens. The organization will generate activity whose resulting discourse and creative energy, will benefit the arts as well as the athenian communities.

Program Services

DescriptionGrantsExpenses
FACILITATING FELLOWSHIPS/RESIDENCIES FOR ARTISTS IN ATHENS.$27,103$63,033
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ARISTIDES LOGOTHETISExcecutive DirectorPT$8,000-$8,000
GEORGE NEGROPONTEPresident-$0--
DAN CAMERONSecretary-$0--
ZESTY MEYERSTeasurer-$0--
BILL FAGALYBoard Member-$0--
ALICIA GLEKASBoard Member-$0--
ALLISON GLENNBoard Member-$0--
RODA PLAKOGIANNISBoard Member-$0--
ALEXIA SHEINMANBoard Member-$0--
YERASSIMOS YANNOPOULOSBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Arc Athens Inc
EIN
82-1403841
Phone
9176732308
Address
217 E 70TH ST NO 801, NEW YORK, NY 10021

Signing Officer

Name
Aristides Logothetis
Title
Executive Director
Phone
9176732308
Signed
2020-10-03
Discuss with paid preparer
Yes

Preparer

Firm
Skody Scot & Co Cpas Pc
Address
520 EIGHTH AVE SUITE 2200, NEW YORK, NY 10018
Preparer
William Skody
Phone
2129671100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: fellowship stipend. Grantee name: multiple fellows. Amount given: 7,103.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: grants. Grantee name: multiple small grant recipients. Amount given: 20,000. Total included on form 990-ez, line 10: 27,103.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: advertising and promotion. Amount: 1,293. Description: bank fees. Amount: 2,727. Description: travel and meetings. Amount: 16,833. Description: office expenses. Amount: 3,742. Description: filing fees. Amount: 50. Description: event cost. Amount: 1,802. Total to form 990-ez, line 16: 26,447.

Form 990-ez, Part II, Line 24 - Other Assets

Description: grants receivable. Beg. Of year amount: 0. End of year amount: 22,000.

Raw XML Appendix196 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ARISTIDES LOGOTHETIS
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IRS990EZ/OperateHospitalInd00
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IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION AIMS TO OFFER A SUPPORTED EXPERIENCE TO CONTEMPORARY ARTISTS AND CURATORS IN THE CENTER OF ATHENS.WITH FOSTERING GREEK-AMERICAN FRIENDSHIP AND CROSS-POLLINATION AS MISSION, THE ORGANIZATION WILL WORK ACTIVELY TO FACILITATE INTRODUCTIONS, COMMUNICATIONS, AND RELATIONSHIPS WITH THE ART COMMUNITY IN ATHENS. THE ORGANIZATION WILL GENERATE ACTIVITY WHOSE RESULTING DISCOURSE AND CREATIVE ENERGY, WILL BENEFIT THE ARTS AS WELL AS THE ATHENIAN COMMUNITIES.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt027103
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: FELLOWSHIP STIPEND. GRANTEE NAME: MULTIPLE FELLOWS. AMOUNT GIVEN: 7,103.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: GRANTS. GRANTEE NAME: MULTIPLE SMALL GRANT RECIPIENTS. AMOUNT GIVEN: 20,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 27,103.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ADVERTISING AND PROMOTION. AMOUNT: 1,293. DESCRIPTION: BANK FEES. AMOUNT: 2,727. DESCRIPTION: TRAVEL AND MEETINGS. AMOUNT: 16,833. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 3,742. DESCRIPTION: FILING FEES. AMOUNT: 50. DESCRIPTION: EVENT COST. AMOUNT: 1,802. TOTAL TO FORM 990-EZ, LINE 16: 26,447.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: GRANTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 22,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ARISTIDES LOGOTHETIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09176732308
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARC ATHENS INC
ReturnHeader/Filer/BusinessNameControlTxt0ARCA
ReturnHeader/Filer/EIN0821403841
ReturnHeader/Filer/PhoneNum09176732308
ReturnHeader/Filer/USAddress/AddressLine1Txt0217 E 70TH ST NO 801
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.122.225.90
ReturnHeader/FilingSecurityInformation/IPDt02020-10-03
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm016:11:43
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133597814
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SKODY SCOT & CO CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0520 EIGHTH AVE SUITE 2200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010018
ReturnHeader/PreparerPersonGrp/PhoneNum02129671100
ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM SKODY
ReturnHeader/ReturnTs02020-10-03T15:11:53-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings