Civic Intelligence

American Fund for Athens College in Greece

EIN 87-1756345 • 501(c)3 • New York, NY

Pub. 78 EligibleNTEE T30

Profile

To support charitable programs and institutions devoted to the education of greek students.

244 Madison Ave 1231New York, NY 10016

n/A

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.18x

Higher debt load relative to assets than 83% of similar nonprofits.

NTEE T30 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

1.86x

Higher debt load relative to revenue than 96% of similar nonprofits.

NTEE T30 • $1M-$5M nonprofits • Source year 2024

Net Margin

6th percentile

-90%

Higher net margin than 6% of similar nonprofits.

NTEE T30 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

66th percentile

$0

Higher top officer pay than 66% of similar nonprofits.

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

NTEE T30 • $1M-$5M nonprofits • Source year 2024

Asset Growth

62nd percentile

15%

Faster asset growth than 62% of similar nonprofits.

NTEE T30 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-76%

Faster revenue growth than 3% of similar nonprofits.

NTEE T30 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$1,201,518

Up $153,665 (+15%) from 2023

Liabilities

Up

$218,959

Up $98,865 (+82%) from 2023

Net Assets

Up

$982,559

Up $54,800 (+5.9%) from 2023

Operations
Liabilities / Revenue96th percentileNet Margin6th percentile

Revenue

Down

$117,424

Down $362,670 (-76%) from 2023

Expenses

Up

$222,547

Up $100,159 (+82%) from 2023

Net Income

Down

-$105,123

Down $462,829 (-129%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth62nd percentile

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

$1.5M$1.0M$500K$0Assets 2022: $462,743Liabilities 2022: $1,310Net Assets 2022: $461,4332022Assets 2023: $1,047,853Liabilities 2023: $120,094Net Assets 2023: $927,7592023Assets 2024: $1,201,518Liabilities 2024: $218,959Net Assets 2024: $982,5592024

Highlighted filing

2024

Assets$1,201,518
Liabilities$218,959
Net Assets$982,559
Open 2024 Filing

Operations Trend

Revenue Growth3rd percentile

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

$600K$400K$200K$0-$200KRevenue 2022: $470,635Expenses 2022: $380Net Income 2022: $470,2552022Revenue 2023: $480,094Expenses 2023: $122,388Net Income 2023: $357,7062023Revenue 2024: $117,424Expenses 2024: $222,547Net Income 2024: -$105,1232024

Highlighted filing

2024

Revenue$117,424
Expenses$222,547
Net Income-$105,123
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,201,518
Liabilities
$218,959
Net assets
$982,559
Revenue
$117,424
Expenses
$222,547
Net income
-$105,123
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.20$0.22$0.98$0.12$0.22$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.05$0.12$0.93$0.48$0.12$0.36
2022Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$0.47$0.00$0.47
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$341,811
Mission and Program Overview

Mission

To support charitable programs and institutions devoted to the education of greek students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$885,535$1,004,977▲ $119,442
Cash and Non-Interest-Bearing Accounts$162,318$196,541▲ $34,223
Total Assets$1,047,853$1,201,518▲ $153,665
Liabilities
Accounts Payable and Accrued Expenses$120,094$218,959▲ $98,865
Total Liabilities$120,094$218,959▲ $98,865
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$927,759$982,559▲ $54,800
Total Net Assets Fund Balance$927,759$982,559▲ $54,800
Total Liabilities and Net Assets / Fund Balance$1,047,853$1,201,518▲ $153,665
Compensation and Service Providers
Top Officer Pay66th percentile

Board Members and Trustees

NameTitle
George AntoniadisChair & President
Maria-lisa FarmakidisTrustee
Alexandros PouliasSecretary
Nikolaos D MonoyiosTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$78,215
Program Service Revenue
$0
Investment Income
$39,209
Other Revenue
$0
All Other Contributions
$78,215
Change in Net Assets
$-105,123
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$218,959
Other Expenses$3,588
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$218,959--$218,959
Fees for Service Investment Mgmnt Fees-$3,588-$3,588
Total Functional Expenses$218,959$3,588$0$222,547
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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 8B

“No committee has authority to act on behalf of the governing body.”

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

“The form 990 is reviewed by the entire board members for review prior to filing.”

Form 990, Part VI, Section C, Line 19

“The fund makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
American Fund for Athens College
EIN
87-1756345
Phone
6174592829
Address
244 MADISON AVE 1231, NEW YORK, NY 10016

Signing Officer

Name
Nikolaos D Monoyios
Title
Treasurer
Phone
6174592829
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nikolaos D Monoyios
Formed
2021
Legal Domicile
De
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
CONDON O'MEARA MCGINTY & DONNELLY LLP
Address
ONE BATTERY PARK PLAZA 7TH FL, NEW YORK, NY 10004
Preparer
Alexander Lazzaruolo
Phone
2126617777
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

“The american fund for athens college in greece supports charitable programs and institutions devoted to the education of greek students, including without limitation the hellenic-american educational foundation, or any other entity that supports the educational institution know as athens college and its affiliated institutions, in furtherance of developing responsible global citizens and future leaders, inspired by hellenic heritage and the liberal traditions of europe and the united states.”

Form 990, Part XII

“Please be advised the audit of the books and records have not been completed. Therefore, changes to the books and records may be required, and if so the enclosed tax return may need to be amended.”

Raw XML Appendix308 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/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE FUND
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR & PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
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IRS990/IRPDocumentCnt00
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0WE PROVIDE THE STAFF OF ATHENS COLLEGE A DETAILED SPREADSHEET THAT SHOWS EACH ENDOWED SCHOLARSHIP FUND, TERMS OF THE GIFT, FY25 AVAILABLE SPENDING (BASED ON CALCULATIONS IN ALIGNMENT WITH OUR SPENDING POLICY), AS WELL AS INFORMATION RELATED TO AVAILABLE FUNDING FROM EXPENDABLE SCHOLARSHIPS. WE ALSO PROVIDE A THOROUGH MEMO THAT FURTHER EMPHASIZES THE INFORMATION THAT THEY ARE RECEIVING IN THE SPREADSHEET RELATING TO CRITERIA FOR THE SCHOLARSHIP FUND (IE EVERY FUND MUST BE AWARDED BASED ON BOTH FINANCIAL NEED AND ACADEMIC PERFORMANCE, ETC..). SEVERAL FUNDS OF THE FUNDS HAVE FURTHER RESTRICTIONS SUCH AS LIMITING THE AWARDS TO BOYS OR CONTAIN A PREFERENCE (WHICH IS NOT BINDING, IF THERE ARE NO STUDENT WHO FIT THAT PREFERENCE.) STAFF MEMBERS FROM ATHENS COLLEGE COORDINATE WITH MEMBERS FROM VARIOUS DEPARTMENTS TO COMMUNICATE BACK TO APPROPRIATE SCHOLARSHIP RECIPIENTS BASED ON THE CRITERIA, AS WELL AS SOME ADDITIONAL INFORMATION, SO WE CAN PROVIDE ENDOWED FUND REPORTS TO THE DONORS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE AMERICAN FUND FOR ATHENS COLLEGE IN GREECE SUPPORTS CHARITABLE PROGRAMS AND INSTITUTIONS DEVOTED TO THE EDUCATION OF GREEK STUDENTS, INCLUDING WITHOUT LIMITATION THE HELLENIC-AMERICAN EDUCATIONAL FOUNDATION, OR ANY OTHER ENTITY THAT SUPPORTS THE EDUCATIONAL INSTITUTION KNOW AS ATHENS COLLEGE AND ITS AFFILIATED INSTITUTIONS, IN FURTHERANCE OF DEVELOPING RESPONSIBLE GLOBAL CITIZENS AND FUTURE LEADERS, INSPIRED BY HELLENIC HERITAGE AND THE LIBERAL TRADITIONS OF EUROPE AND THE UNITED STATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS REVIEWED BY THE ENTIRE BOARD MEMBERS FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FUND MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PLEASE BE ADVISED THE AUDIT OF THE BOOKS AND RECORDS HAVE NOT BEEN COMPLETED. THEREFORE, CHANGES TO THE BOOKS AND RECORDS MAY BE REQUIRED, AND IF SO THE ENCLOSED TAX RETURN MAY NEED TO BE AMENDED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0244 MADISON AVE 1231
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010016
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NIKOLAOS D MONOYIOS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06174592829
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AMERICAN FUND FOR ATHENS COLLEGE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0IN GREECE
ReturnHeader/Filer/BusinessNameControlTxt0AMER
ReturnHeader/Filer/EIN0871756345
ReturnHeader/Filer/PhoneNum06174592829
ReturnHeader/Filer/USAddress/AddressLine1Txt0244 MADISON AVE 1231
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010016
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133628255
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CONDON O'MEARA MCGINTY & DONNELLY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE BATTERY PARK PLAZA 7TH FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010004
ReturnHeader/PreparerPersonGrp/PhoneNum02126617777
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALEXANDER LAZZARUOLO
ReturnHeader/ReturnTs02025-05-16T08:23:23-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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