American Hellenic Institute Foundation Inc
- Assets
- $2.6m
- Revenue
- $566.1k
- Investments
- $404.3k
- Employees
- 0
- Location
- Washington, DC
- Founding
- 10/1975
- Data as of
- 12/2022
- EIN
- 52-1061633
Organization Overview
American Hellenic Institute Foundation Inc is located in Washington, DC. The organization was established in 1975. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Hellenic Institute 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, American Hellenic Institute Foundation Inc generated $566.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $633.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AHIF IS A 501(C)(3) NON-PROFIT TAX EXEMPT EDUCATIONAL AND RESEARCH ORGANIZATION AND IS THE FIRST "THINK TANK" DEVOTED EXCLUSIVELY TO THE STUDY OF THE ISSUES CONFRONTING THE GREEK AMERICAN COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AN ANNUAL DINNER WAS HELD TO HONOR COMMUNITY LEADERS WHO ARE PROMINENT GREEK AMERICANS. SPONSORED A TRIP TO GREECE AND CYPRUS FOR COLLEGE STUDENTS DESIGNED TO EDUCATE PARTICIPANTS ON GEOSTRATEGIC ISSUES RELEVANT TO THE EASTERN MEDITERREAN.A RECEPTION WAS SPONSORED TO CELEBRATE HELLENIC ARMED FORCES DAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Constantine Galanis Director | Trustee | 5 | $0 |
Nick Larigakis President & CEO | Trustee | 5 | $18,500 |
James H Lagos Treasurer | OfficerTrustee | 5 | $0 |
John Alahouzos Director | Trustee | 5 | $0 |
Eleni Rossides Director | Trustee | 5 | $0 |
Dr Spiro Spireas Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $170,640 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $188,890 |
| Total Program Service Revenue | $392,391 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $566,061 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $26,300 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $221,904 |
| Advertising and promotion | $6,985 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $33,213 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,155 |
| Insurance | $27,763 |
| All other expenses | $110,184 |
| Total functional expenses | $633,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $211,515 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,009,923 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $404,294 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,625,732 |
| Accounts payable and accrued expenses | $7,806 |
| Grants payable | $0 |
| Deferred revenue | $1,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,806 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $2,616,926 |
| Total liabilities and net assets/fund balances | $2,625,732 |