Civic Intelligence

American-Hellenic Educational Center Inc.

990 • Fiscal year 2023 • EIN 93-0698692

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 12, 2024

PO Box 230716Portland, OR 97281

(503) 603-0202

Siviq Scores

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

Liabilities / Assets

64th percentile

0.16x

Higher debt load relative to assets than 64% of similar nonprofits.

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

Liabilities / Revenue

82nd percentile

0.60x

Higher debt load relative to revenue than 82% of similar nonprofits.

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

Net Margin

29th percentile

-5.6%

Higher net margin than 29% 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

27th percentile

-2.6%

Faster asset growth than 27% of similar nonprofits.

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

Revenue Growth

67th percentile

20%

Faster revenue growth than 67% of similar nonprofits.

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

Assets

Down

$1,449,084

Down $39,036 (-2.6%) from 2022

Net Assets

Down

$1,218,212

Down $21,784 (-1.8%) from 2022

Liabilities

Down

$230,872

Down $17,252 (-7.0%) from 2022

Revenue

Up

$386,431

Up $64,605 (+20%) from 2022

Expenses

Down

$408,215

Down $6,854 (-1.7%) from 2022

Net Income

Up

-$21,784

Up $71,459 (+77%) from 2022

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,756,031Liabilities 2010: $28,131Net Assets 2010: $1,727,9002010Assets 2011: $1,736,023Liabilities 2011: $20,320Net Assets 2011: $1,715,7032011Assets 2012: $1,687,530Liabilities 2012: $26,895Net Assets 2012: $1,660,6352012Assets 2013: $1,998,715Liabilities 2013: $247,767Net Assets 2013: $1,750,9482013Assets 2014: $1,955,128Liabilities 2014: $228,647Net Assets 2014: $1,726,4812014Assets 2015: $1,885,360Liabilities 2015: $241,687Net Assets 2015: $1,643,6732015Assets 2016: $1,878,367Liabilities 2016: $278,400Net Assets 2016: $1,599,9672016Assets 2017: $1,868,105Liabilities 2017: $257,056Net Assets 2017: $1,611,0492017Assets 2018: $1,784,870Liabilities 2018: $203,160Net Assets 2018: $1,581,7102018Assets 2019: $1,824,424Liabilities 2019: $208,441Net Assets 2019: $1,615,9832019Assets 2020: $1,736,166Liabilities 2020: $349,845Net Assets 2020: $1,386,3212020Assets 2021: $1,626,066Liabilities 2021: $292,827Net Assets 2021: $1,333,2392021Assets 2022: $1,488,120Liabilities 2022: $248,124Net Assets 2022: $1,239,9962022Assets 2023: $1,449,084Liabilities 2023: $230,872Net Assets 2023: $1,218,2122023Assets 2024: $1,388,403Liabilities 2024: $258,478Net Assets 2024: $1,129,9252024

Highlighted filing

2023

Assets$1,449,084
Liabilities$230,872
Net Assets$1,218,212

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2010: $275,695Expenses 2010: $310,868Net Income 2010: -$35,1732010Expenses 2011: $311,8012011Expenses 2012: $324,2802012Revenue 2013: $424,821Expenses 2013: $334,508Net Income 2013: $90,3132013Revenue 2014: $320,103Expenses 2014: $344,570Net Income 2014: -$24,4672014Revenue 2015: $292,103Expenses 2015: $374,911Net Income 2015: -$82,8082015Revenue 2016: $286,613Expenses 2016: $332,319Net Income 2016: -$45,7062016Revenue 2017: $364,652Expenses 2017: $353,570Net Income 2017: $11,0822017Revenue 2018: $354,147Expenses 2018: $383,486Net Income 2018: -$29,3392018Revenue 2019: $437,760Expenses 2019: $403,487Net Income 2019: $34,2732019Revenue 2020: $171,095Expenses 2020: $400,757Net Income 2020: -$229,6622020Revenue 2021: $332,598Expenses 2021: $385,680Net Income 2021: -$53,0822021Revenue 2022: $321,826Expenses 2022: $415,069Net Income 2022: -$93,2432022Revenue 2023: $386,431Expenses 2023: $408,215Net Income 2023: -$21,7842023Revenue 2024: $347,338Expenses 2024: $435,625Net Income 2024: -$88,2872024

Highlighted filing

2023

Revenue$386,431
Expenses$408,215
Net Income-$21,784
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 12, 2024
Return Version
2023v5.1
Gross Receipts
$399,772
Mission and Program Overview

Mission

Hellenic american based community service, including providing camp facilities and meeting facilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,413,964$1,400,394▼ $13,570
Investments in Publicly Traded Securities$46,560$0▼ $46,560
Cash and Non-Interest-Bearing Accounts$21,059$43,915▲ $22,856
Accounts Receivable$5,000$4,775▼ $225
Savings and Temporary Cash Investments$1,537$0▼ $1,537
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,488,120$1,449,084▼ $39,036
Other Assets Total-$0-
Liabilities
Other Liabilities$125,758$119,980▼ $5,778
Mortgage Notes Payable Secured by Investment Property$95,122$76,990▼ $18,132
Deferred Revenue$22,810$29,175▲ $6,365
Accounts Payable and Accrued Expenses$4,434$4,727▲ $293
Total Liabilities$248,124$230,872▼ $17,252
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,239,996$1,218,212▼ $21,784
Total Net Assets Fund Balance$1,239,996$1,218,212▼ $21,784
Total Liabilities and Net Assets / Fund Balance$1,488,120$1,449,084▼ $39,036

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$432,531$1,007,616$1,440,147
Buildings$358,488$882,609$1,241,097
Land$607,747-$607,747
Equipment$1,580$230,951$232,531
Other Land Buildings$48$50,596$50,644
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stephen HuntPresident
Demetri KravasVice President
Bill KravasDirector
George HatzikosDirector
John SomarakisDirector
Nick BurchDirector
Nick MallosDirector
Telly GinosDirector
Tom AvgerakisDirector
Tom MeletisDirector
Jim LekasSecretary
Peter GadinasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$79,741
Program Service Revenue
$271,518
Investment Income
$0
Other Revenue
$35,172
All Other Contributions
$79,741
Change in Net Assets
$-21,784
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$256,766
Salaries, Compensation, and Employee Benefits$151,449
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$138,119--$138,119
Depreciation Depletion$68,851--$68,851
Occupancy$59,393--$59,393
Insurance$23,315--$23,315
Payroll Taxes$13,330--$13,330
Office Expenses-$8,086-$8,086
Other Expenses$5,855--$5,855
Fees for Services Other$4,633--$4,633
Interest-$4,263-$4,263
Travel$2,596--$2,596
All Other Expenses$2,025--$2,025
Total Functional Expenses$395,866$12,349$0$408,215
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$48,513
Fundraising Direct Expenses$13,341
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf$48,513$48,513-$48,513
Total Events$48,513$48,513$13,341$35,172
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 Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sba Loan$119,980
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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 2

Demetri kravas and bill kravas are related.

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

Reviewed by treasurer and presented to the board before filing.

Form 990, Part VI, Section C, Line 19

All are available upon request to the board.

Filing and Contact Details

Filer

Filer Name
American-Hellenic Educational
EIN
93-0698692
Phone
5036030202
Address
PO Box 230716, Portland, OR 97281

Signing Officer

Name
Peter Gadinas
Title
Treasurer
Signed
2024-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen Hunt
Formed
1977
Legal Domicile
Or
Voting Board Members
12
Independent Board Members
12
Employees
6
Volunteers
50

Preparer

Firm
Kern & Thompson LLC
Address
1800 SW First Avenue Suite 410, Portland, OR 97201
Preparer
Jonna Vercellini CPA
Phone
5032223338
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OccupancyGrp/ProgramServicesAmt059393
IRS990/OccupancyGrp/TotalAmt059393
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08086
IRS990/OfficeExpensesGrp/TotalAmt08086
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IRS990/Organization501c3Ind0X
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1OPERATING SUPPLIES
IRS990/OtherExpensesGrp/Desc2SPECIAL PROJECTS
IRS990/OtherExpensesGrp/Desc3TELECOMMUNICATIONS
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IRS990/OtherExpensesGrp/ProgramServicesAmt27634
IRS990/OtherExpensesGrp/ProgramServicesAmt35855
IRS990/OtherExpensesGrp/TotalAmt049936
IRS990/OtherExpensesGrp/TotalAmt120179
IRS990/OtherExpensesGrp/TotalAmt27634
IRS990/OtherExpensesGrp/TotalAmt35855
IRS990/OtherLiabilitiesGrp/BOYAmt0125758
IRS990/OtherLiabilitiesGrp/EOYAmt0119980
IRS990/OtherRevenueTotalAmt00
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0138119
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt013330
IRS990/PayrollTaxesGrp/TotalAmt013330
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IRS990/PrincipalOfficerNm0STEPHEN HUNT
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IRS990/ProgramServiceRevenueGrp/Desc0CAMP RENTAL
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0271518
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt089983
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0139
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IRS990/PYOtherExpensesAmt0268695
IRS990/PYOtherRevenueAmt016761
IRS990/PYProgramServiceRevenueAmt0214943
IRS990/PYRevenuesLessExpensesAmt0-93243
IRS990/PYSalariesCompEmpBnftPaidAmt0146374
IRS990/PYTotalExpensesAmt0415069
IRS990/PYTotalRevenueAmt0321826
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-21784
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0271518
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01537
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt07900
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt07900
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt079741
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt089983
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0180224
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt089488
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0172051
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0611487
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0139
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0271518
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0215816
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt039455
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0896566
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt048513
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt035025
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt040265
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt042975
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt049045
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0215823
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0139
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0754
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt035
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03
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IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00050
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt07900
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0349694
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0171918
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0461668
IRS990ScheduleA/Total509Grp/TotalAmt01723876
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0399772
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0340963
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0350448
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0171953
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0461671
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01724807
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0358488
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0882609
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01241097
IRS990ScheduleD/EquipmentGrp/BookValueAmt01580
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0230951

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.26$1.13$0.35$0.44$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.45$0.23$1.22$0.39$0.41$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.49$0.25$1.24$0.32$0.42$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.63$0.29$1.33$0.33$0.39$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.74$0.35$1.39$0.17$0.40$0.23
2019Detailed filing. Detailed filing data is available for this year.$1.82$0.21$1.62$0.44$0.40$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.78$0.20$1.58$0.35$0.38$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.87$0.26$1.61$0.36$0.35$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.88$0.28$1.60$0.29$0.33$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.89$0.24$1.64$0.29$0.37$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.96$0.23$1.73$0.32$0.34$0.02
2013Detailed filing. Detailed filing data is available for this year.$2.00$0.25$1.75$0.42$0.33$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.03$1.66$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.02$1.72$0.31
2010Summary only. Only limited summary data is available for this year.$1.76$0.03$1.73$0.28$0.31$0.04