Civic Intelligence

Greece Debt Free Inc

EIN 99-0369475 • 501(c)3 • Boston, MA

Profile

Helping individuals and companies take action toward reducing greek national debt.

One Beacon Street 21st FloorBoston, MA 02108

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2015

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2015

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

35th percentile

-15%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$255,682

Down $45,550 (-15%) from 2014

Liabilities

Flat

$0

Flat from 2014

Net Assets

Down

$255,682

Down $45,550 (-15%) from 2014

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $4,096 (-100%) from 2014

Expenses

Down

$45,550

Down $25,183 (-36%) from 2014

Net Income

Up

-$45,550

Up $21,087 (+32%) from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth35th percentile

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

$1.5M$1.0M$500K$0Assets 2012: $1,223,651Liabilities 2012: $0Net Assets 2012: $1,223,6512012Assets 2013: $389,687Liabilities 2013: $0Net Assets 2013: $389,6872013Assets 2014: $301,232Liabilities 2014: $0Net Assets 2014: $301,2322014Assets 2015: $255,682Liabilities 2015: $0Net Assets 2015: $255,6822015

Highlighted filing

2015

Assets$255,682
Liabilities$0
Net Assets$255,682
Open 2015 Filing

Operations Trend

Revenue Growth3rd percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2012: $488,727Expenses 2012: $2,459Net Income 2012: $486,2682012Revenue 2013: $222,854Expenses 2013: $1,273,966Net Income 2013: -$1,051,1122013Revenue 2014: $4,096Expenses 2014: $70,733Net Income 2014: -$66,6372014Revenue 2015: $0Expenses 2015: $45,550Net Income 2015: -$45,5502015

Highlighted filing

2015

Revenue$0
Expenses$45,550
Net Income-$45,550
Open 2015 Filing

Filings

Most recent year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$255,682
Liabilities
$0
Net assets
$255,682
Revenue
$0
Expenses
$45,550
Net income
-$45,550
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.00$0.05$0.05
2014Summary only. Only limited summary data is available for this year.$0.30$0.00$0.30$0.00$0.07$0.07
2013Summary only. Only limited summary data is available for this year.$0.39$0.00$0.39$0.22$1.27$1.05
2012Summary only. Only limited summary data is available for this year.$1.22$0.00$1.22$0.49$0.00$0.49
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 12, 2016
Return Version
2015v2.1
Gross Receipts
$0
Mission and Program Overview

Mission

Helping individuals and companies take action toward reducing greek national debt.

Program Services

DescriptionGrantsExpenses
THE OBJECTIVE AND CHARITABLE PURPOSE OF GREECE DEBT FREE, INC. (GDF), IS TO ALLEVIATE THE ECONOMIC HARDSHIP OF THE GREEK PEOPLE BY REDUCING THE GREEK NATIONAL DEBT THROUGH DIRECT INVESTMENT IN THE BOND MARKET. TO HAVE THE MAXIMUM IMPACT ON THE DEBT ITSELF, GDF INTENDS ON ACQUIRING BONDS ISSUED BY THE GREEK TREASURY AND REPRESENTING THE GREATEST AMOUNT OF GREEK NATIONAL DEBT AVAILABLE ON THE SECONDARY MARKET BEFORE CANCELLING, HOLDING OR RESELLING SUCH BONDS. GDF AIMS TO BECOME A LARGE CHARITABLE OWNER OF GREEK GOVERNMENT BONDS (GGBS) BY BUYING THE GREATEST AMOUNT OF GREEK DEBT OBLIGATIONS FOR THE LOWEST PRICE.$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PETER C NOMIKOSFounder And Director-$0--
Filing and Contact Details

Filer

Filer Name
Greece Debt Free Inc
EIN
99-0369475
Phone
6172263423
Address
ONE BEACON STREET 21ST FLOOR, BOSTON, MA 02108

Signing Officer

Name
Peter C Nomikos
Title
Founder and Director
Phone
6172263423
Signed
2016-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Raffa Pc
Address
1899 L STREET NW SUITE 850, WASHINGTON, DC 20036
Preparer
Frank H Smith
Phone
2028225000
Supplemental Narrative

Additional Explanations

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

“Description: currency loss. Amount: 45,550.”

Raw XML Appendix123 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PETER C NOMIKOS
IRS990EZ/BooksInCareOfDetail/PhoneNum06172263423
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0ONE BEACON STREET 21ST FLOOR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BOSTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002108
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0301232
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0255682
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-45550
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountCntryCd0GR
IRS990EZ/ForeignFinancialAccountCntryCd1BE
IRS990EZ/ForeignFinancialAccountInd01
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0301232
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0255682
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingOtherDesc0MODIFIED ACCRUAL
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0301232
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0255682
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0301232
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0255682
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PETER C NOMIKOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0FOUNDER AND DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt045550
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0HELPING INDIVIDUALS AND COMPANIES TAKE ACTION TOWARD REDUCING GREEK NATIONAL DEBT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE OBJECTIVE AND CHARITABLE PURPOSE OF GREECE DEBT FREE, INC. (GDF), IS TO ALLEVIATE THE ECONOMIC HARDSHIP OF THE GREEK PEOPLE BY REDUCING THE GREEK NATIONAL DEBT THROUGH DIRECT INVESTMENT IN THE BOND MARKET. TO HAVE THE MAXIMUM IMPACT ON THE DEBT ITSELF, GDF INTENDS ON ACQUIRING BONDS ISSUED BY THE GREEK TREASURY AND REPRESENTING THE GREATEST AMOUNT OF GREEK NATIONAL DEBT AVAILABLE ON THE SECONDARY MARKET BEFORE CANCELLING, HOLDING OR RESELLING SUCH BONDS. GDF AIMS TO BECOME A LARGE CHARITABLE OWNER OF GREEK GOVERNMENT BONDS (GGBS) BY BUYING THE GREATEST AMOUNT OF GREEK DEBT OBLIGATIONS FOR THE LOWEST PRICE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt045550
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0AS GDF WAS INCORPORATED ON SEPTEMBER 27, 2011, ITS INITIAL FEDERAL FORM 990 FOR THE PERIOD ENDED DECEMBER 31, 2011 WAS A SHORT YEAR RETURN.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, COLUMN (E)
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01635
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt098703
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0434946
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0535284
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02341
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt072380
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt074721
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0180405
IRS990ScheduleA/SubstantialContributorsTotAmt0354879
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01635
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt098703
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0434946
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0535284
IRS990ScheduleA/TotalSupportAmt0610005
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: CURRENCY LOSS. AMOUNT: 45,550.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER C NOMIKOS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FOUNDER AND DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06172263423
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREECE DEBT FREE INC
ReturnHeader/Filer/BusinessNameControlTxt0GREE
ReturnHeader/Filer/EIN0990369475
ReturnHeader/Filer/PhoneNum06172263423
ReturnHeader/Filer/USAddress/AddressLine1Txt0ONE BEACON STREET 21ST FLOOR
ReturnHeader/Filer/USAddress/CityNm0BOSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002108
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521511275
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RAFFA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01899 L STREET NW SUITE 850
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WASHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020036
ReturnHeader/PreparerPersonGrp/PhoneNum02028225000
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANK H SMITH
ReturnHeader/ReturnTs02016-11-12T15:13:35-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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