Civic Intelligence

Three Hierarchs Academy Inc.

990 • Fiscal year 2023 • EIN 82-4938141

Aug 01, 2022 to Jul 31, 2023 • Filed on Jun 17, 2024

PO Box 2987Florence, AZ 85132

(520) 222-6358

Siviq Scores

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

Liabilities / Assets

86th percentile

0.58x

Higher debt load relative to assets than 86% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

89th percentile

1.23x

Higher debt load relative to revenue than 89% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

34th percentile

-2.4%

Higher net margin than 34% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

71st percentile

15%

Faster asset growth than 71% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

41st percentile

1.8%

Faster revenue growth than 41% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$1,160,060

Flat from 2023

Net Assets

Flat

$490,171

Flat from 2023

Liabilities

Flat

$669,889

Flat from 2023

Revenue

Flat

$543,214

Flat from 2023

Expenses

Flat

$556,241

Flat from 2023

Net Income

Flat

-$13,027

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2019: $75,324Liabilities 2019: $0Net Assets 2019: $75,3242019Assets 2020: $305,382Liabilities 2020: $43,490Net Assets 2020: $261,8922020Assets 2021: $539,850Liabilities 2021: $195,816Net Assets 2021: $344,0342021Assets 2022: $1,008,880Liabilities 2022: $505,682Net Assets 2022: $503,1982022Assets 2023: $1,160,060Liabilities 2023: $669,889Net Assets 2023: $490,1712023Assets 2023: $1,160,060Liabilities 2023: $669,889Net Assets 2023: $490,1712023Assets 2024: $966,117Liabilities 2024: $590,566Net Assets 2024: $375,5512024Assets 2025: $867,578Liabilities 2025: $590,388Net Assets 2025: $277,1902025

Highlighted filing

2023

Assets$1,160,060
Liabilities$669,889
Net Assets$490,171

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2019: $401,146Expenses 2019: $325,822Net Income 2019: $75,3242019Revenue 2020: $429,457Expenses 2020: $242,888Net Income 2020: $186,5692020Revenue 2021: $360,046Expenses 2021: $277,905Net Income 2021: $82,1412021Revenue 2022: $533,814Expenses 2022: $374,650Net Income 2022: $159,1642022Revenue 2023: $543,214Expenses 2023: $556,241Net Income 2023: -$13,0272023Revenue 2023: $543,214Expenses 2023: $556,241Net Income 2023: -$13,0272023Revenue 2024: $447,628Expenses 2024: $562,248Net Income 2024: -$114,6202024Revenue 2025: $378,976Expenses 2025: $477,337Net Income 2025: -$98,3612025

Highlighted filing

2023

Revenue$543,214
Expenses$556,241
Net Income-$13,027
Jump To
Filing Snapshot
Filing Period
Aug 1, 2022 to Jul 31, 2023
Signed
Jun 17, 2024
Return Version
2022v5.0
Gross Receipts
$543,214
Mission and Program Overview

Mission

3HA encourages our students' growth as Orthodox Christians and valued members of society through comprehensive bilingual education with Orthodox Christian content and a traditional approach, focusing on Greek (the language of the New Testament and the Church Fathers), mental math, phonics-based reading, early-age cursive handwriting, natural and applied sciences, critical thinking, and athletics.

Three Hierarchs Academy (3HA) encourages our students' growth as Orthodox Christians and valued members of society through comprehensive bilingual education with Orthodox Christian content and a traditional approach.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$353,083$596,565▲ $243,482
Savings and Temporary Cash Investments$0$541,935▲ $541,935
Cash and Non-Interest-Bearing Accounts$653,797$14,704▼ $639,093
Prepaid Expenses and Deferred Charges$2,000$3,881▲ $1,881
Accounts Receivable$0$2,975▲ $2,975
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$1,008,880$1,160,060▲ $151,180
Other Assets Total$0$0→ $0
Liabilities
Unsecured Notes Loans Payable$500,000$500,000→ $0
Deferred Revenue$5,682$167,120▲ $161,438
Accounts Payable and Accrued Expenses$0$2,769▲ $2,769
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$505,682$669,889▲ $164,207
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$503,198$490,171▼ $13,027
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$503,198$490,171▼ $13,027
Total Liabilities and Net Assets / Fund Balance$1,008,880$1,160,060▲ $151,180

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$362,818$23,833$386,651
Other Land Buildings$113,420$4,384$117,804
Equipment$67,995$13,877$81,872
Land$31,197-$31,197
Leasehold Improvements$21,135$7,585$28,720
Compensation and Service Providers

Board Members and Trustees

NameTitle
Fr Nicholas MetrakosPresident & Chairman
Alex TrigonisDirector
Alexandra AramDirector
Alexandra TrigonisDirector
Dimitrios MirkopoulosDirector
Kyriaki HeersDirector
Jackie GoodsonSecretary & Director
Michael ZatushevskyExquecker
Angelo KaldisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$160,011
Program Service Revenue
$381,268
Investment Income
$1,935
Other Revenue
$0
All Other Contributions
$160,011
Change in Net Assets
$-13,027

Audited Revenue Reconciliation

Revenue per Audited Statements
$543,214
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$543,214
Total Revenue per Form 990
$543,214
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$377,612
Other Expenses$178,629
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$331,445$0$0$331,445
Other Employee Benefits$27,510$0$0$27,510
All Other Expenses$4,353$19,837$0$24,190
Depreciation Depletion$20,262$2,251$0$22,513
Interest$0$22,170$0$22,170
Payroll Taxes$18,657$0$0$18,657
Fees for Services Accounting$0$12,521$0$12,521
Fees for Services Other$0$11,018$0$11,018
Insurance$858$6,672$0$7,530
Other Expenses$0$7,196$0$7,196
Information Technology$3,259$1,086$0$4,345
Office Expenses$0$1,617$0$1,617
Advertising$0$1,327$0$1,327
Fees for Services Legal$0$917$0$917
Total Functional Expenses$461,181$95,060$0$556,241

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$556,241
Total Expenses per Audited Statements$556,241
Total Expenses per Form 990$556,241
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Alex Trigonis and Alexandra Trigonis are husband and wife.

Form 990, Part VI, Section A, Line 6

The organization has Members and no stockholders. Financial decisions or transactions in excess of $100,000 require approval from the Members, including any amendments to the governing documents of the Organization.

Form 990, Part VI, Section A, Line 7A

The Organization's Members have the power to elect or appoint Directors.

Form 990, Part VI, Section A, Line 7B

Financial decisions or transactions in excess of $100,000 require approval from the Members.

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

Form 990 is prepared by an accountant along with the financial statements for the Organization and reviewed by the Finance Committee. Form 990 is then distributed to each of the Directors Officers of the Organization for their review and approval. The Finance Committee then compiles any comments from the Directors and Officers and updates Form 990 accordingly. The updated Form 990 is then sent to the Organization's Treasurer for his final review, approval and signature. A copy of the completed Form 990 is kept by the Treasurer for the Organization's records.

Form 990, Part VI, Section B, Line 15

Annual salaries are reviewed and approved by the Board of Directors at the Annual Meeting as part of the Annual Budget Review. Any bonuses or other compensation recommended by the Organization's Principal or any Officer or Director are also reviewed and approved by the Board of Directors. The Finance Committee also conducts annual research of the compensation for Principals and teachers to present to the Board of Directors at the annual meeting.

Form 990, Part VI, Section C, Line 19

The Articles of Incorporation for the Organization, including the known place of business, Statutory Agent's address and contact information are publicly available through the Arizona Corporation Commission's website at azcc.gov. The Organization's other governing documents, including the Bylaws and the conflict of interest policy are available upon request.

Filing and Contact Details

Filer

Filer Name
Three Hierarchs Academy Inc
EIN
82-4938141
Phone
5202226358
Address
PO Box 2987, Florence, AZ 85132

Signing Officer

Name
Angelo Kaldis
Title
Treasurer
Phone
8587224034
Signed
2024-06-17

Organization Details

Principal Officer
Fr Nicholas Metrakos
Formed
2018
Legal Domicile
Az
Voting Board Members
7
Independent Board Members
7
Employees
15
Volunteers
5
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt0543214
IRS990/GrossRentsGrp/PersonalAmt00
IRS990/GrossRentsGrp/RealAmt00
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01086
IRS990/InformationTechnologyGrp/ProgramServicesAmt03259
IRS990/InformationTechnologyGrp/TotalAmt04345
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt06672
IRS990/InsuranceGrp/ProgramServicesAmt0858
IRS990/InsuranceGrp/TotalAmt07530
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt022170
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt022170
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01935
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01935
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt049679
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0353083
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0596565
IRS990/LandBldgEquipCostOrOtherBssAmt0646244
IRS990/LegalDomicileStateCd0AZ
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc03HA encourages our students' growth as Orthodox Christians and valued members of society through comprehensive bilingual education with Orthodox Christian content and a traditional approach, focusing on Greek-the language of the New Testament and the Church Fathers-mental math, phonics-based reading, early-age cursive handwriting, natural and applied sciences, critical thinking, and athletics.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0503198
IRS990/NetAssetsOrFundBalancesEOYAmt0490171
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0503198
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0490171
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt06000
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01617
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt01617
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt027510
IRS990/OtherEmployeeBenefitsGrp/TotalAmt027510
IRS990/OtherExpensesGrp/Desc0Books, Supplies and Classroom Items
IRS990/OtherExpensesGrp/Desc1Online Educational Material
IRS990/OtherExpensesGrp/Desc2Maintenance and Repair
IRS990/OtherExpensesGrp/Desc3Utilities
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt28448
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt37196
IRS990/OtherExpensesGrp/ProgramServicesAmt029021
IRS990/OtherExpensesGrp/ProgramServicesAmt125816
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt029021
IRS990/OtherExpensesGrp/TotalAmt125816
IRS990/OtherExpensesGrp/TotalAmt28448
IRS990/OtherExpensesGrp/TotalAmt37196
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0331445
IRS990/OtherSalariesAndWagesGrp/TotalAmt0331445
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt018657
IRS990/PayrollTaxesGrp/TotalAmt018657
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03881
IRS990/PrincipalOfficerNm0Fr Nicholas Metrakos
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00

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