John Xikis Foundation Inc
- Assets
- $11.0m
- Revenue
- $98.3k
- Investments
- $9.3m
- Employees
- 0
- Location
- Astoria, NY
- Founding
- 05/2010
- Data as of
- 12/2022
- EIN
- 27-2228270
Organization Overview
John Xikis Foundation Inc is located in Astoria, NY. The organization was established in 2010. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John Xikis Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, John Xikis Foundation Inc generated $98.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $743.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, John Xikis Foundation Inc has awarded 104 individual grants totaling $1,399,350. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gus Xikis Director | 5 | $1,500 | |
Andrew Latos Director | 5 | $1,500 | |
Theodore Mastakouris Director | 5 | $1,500 | |
John Xikis Foundation Manager (deceased) | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $148,606 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$73,940 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $23,631 |
| Total Revenue | $98,297 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,964 |
| Depreciation | $0 |
| Occupancy | $33,677 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,127 |
| Total operating and administrative expenses | $103,443 |
| Contributions, gifts, grants paid | $640,000 |
| Total expenses and disbursements | $743,443 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,623,949 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,390,569 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $31,465 |
| Total assets | $10,994,008 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, John Xikis Foundation Inc has awarded $640,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS - NY PURPOSE: TO FURTHER DONEES EXEMPT PURPOSE | $25,000 |
AMERICAN RED CROSS USA PURPOSE: TO FURTHER DONEES EXEMPT PURPOSE | $25,000 |
AUTISM RESEARCH INSTITUTE PURPOSE: TO FURTHER DONEES EXEMPT PURPOSE | $25,000 |
AUTISM SPEAKS PURPOSE: TO FURTHER DONEES EXEMPT PURPOSE | $25,000 |
CITY HARVEST PURPOSE: TO FURTHER DONEES EXEMPT PURPOSE | $25,000 |
CURE ALZHEIMER'S FUND PURPOSE: TO FURTHER DONEES EXEMPT PURPOSE | $100,000 |