American Community School Of Athens Inc
- Assets
- $15.2m
- Revenue
- $15.0m
- Investments
- $0.0
- Employees
- 12
- Location
- Founding
- 05/1965
- Data as of
- 06/2022
- EIN
- 98-0013358
Organization Overview
American Community School Of Athens Inc is located in null. The organization was established in 1965. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, American Community School Of Athens Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Community School Of Athens 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 06/2022, American Community School Of Athens Inc generated $15.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $13.6m during the year ending 06/2022. While expenses have increased by 2.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
ACS ATHENS IS A STUDENT CENTERED INTERNATIONAL SCHOOL EMBRACING AMERICAN EDUCATIONAL PHILOSOPHY PRINCIPLES AND VALUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMERICAN EDUCATION TO GRADES K-12
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Peggy Pelonis School President | Officer | 50 | $136,485 |
Mr Suheil Sabbagh Chairperson | Trustee | 1 | $0 |
Mr Timothy Ananiadis Vice Chairperson | Trustee | 1 | $0 |
Mr Iraklis Prokopakis Treasurer | Trustee | 1 | $0 |
Mr Pascal Apostolides Secretary | Trustee | 1 | $0 |
Ms Michelle Siders Member - Us Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Belitsos Charilaos Construction Engineering | 6/29/22 | $117,724 |
Rigas Georgios Building Construction | 6/29/22 | $314,854 |
Able Facility And Asset Management Cleaning Services | 6/29/22 | $298,601 |
Sarris D And A Touristic Operations Transportation Services | 6/29/22 | $197,015 |
Starguard Security Services | 6/29/22 | $118,203 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $90,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $345,416 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $435,416 |
| Total Program Service Revenue | $14,604,334 |
| Investment income | $5,372 |
| 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 | $15,045,122 |
| 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. | $136,485 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,893,201 |
| Pension plan accruals and contributions | $1,211,035 |
| Other employee benefits | $338,256 |
| Payroll taxes | $1,301,364 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $152,472 |
| Fees for services: Accounting | $19,424 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $480,061 |
| Advertising and promotion | $97,108 |
| Office expenses | $34,772 |
| Information technology | $208,196 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,655 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $76,366 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $559,571 |
| Insurance | $38,701 |
| All other expenses | $443,485 |
| Total functional expenses | $13,589,048 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,134 |
| Savings and temporary cash investments | $6,847,690 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $119,086 |
| 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 | $399,751 |
| Net Land, buildings, and equipment | $7,871,637 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,243,298 |
| Accounts payable and accrued expenses | $1,903,477 |
| Grants payable | $0 |
| Deferred revenue | $4,390,613 |
| 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 | $1,018,462 |
| Total liabilities | $7,312,552 |
| Net assets without donor restrictions | $5,446,389 |
| Net assets with donor restrictions | $2,484,357 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $15,243,298 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shawnigan Lake School | $16,634,960 | $36,873,265 |
Walworth Barbour American International School In Israel Inc | $55,353,283 | $25,889,974 |
American Community School Of Abu Dhabi | $60,890,003 | $25,457,701 |
American Community School Of Athens Inc | $15,243,298 | $15,045,122 |
Murray Edwards College | $162,670,746 | $11,953,473 |