College Year In Athens Inc is located in Cambridge, MA. The organization was established in 1998. According to its NTEE Classification (Q22) the organization is classified as: International Academic Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2021, College Year In Athens Inc employed 10 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. College Year In 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 06/2021, College Year In Athens Inc generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $1.7m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (16.3%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
RUNNING EDUCATIONAL PROGRAMS IN GREECE
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACADEMIC PROGRAM OF COURSES IN GREEK AND EAST MEDITERRANEAN STUDIES FOR NORTH AMERICAN COLLEGE LEVEL STUDENTS. SERVICED 167 STUDENTS IN FISCAL YEAR 2021.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alexis Phylactopoulos Vice Chairman | OfficerTrustee | 40 | $254,620 |
Cornelia Mayer Herzfeld Recording Secretary | Officer | 3 | $28,526 |
Daphne Hatsopoulos Secretary | OfficerTrustee | 4 | $0 |
Costas Petropoulos Assistant Treasurer | OfficerTrustee | 0.5 | $0 |
K Chris Todd Chairman | OfficerTrustee | 4 | $0 |
Peter S Allen Treasurer | OfficerTrustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $341,019 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $341,019 |
Total Program Service Revenue | $1,722,924 |
Investment income | $2,809 |
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 | $2,268,792 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $65,000 |
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. | $278,543 |
Compensation of current officers, directors, key employees. | $278,543 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $238,751 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $11,305 |
Payroll taxes | $32,651 |
Fees for services: Management | $0 |
Fees for services: Legal | $34,354 |
Fees for services: Accounting | $32,505 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $45,670 |
Advertising and promotion | $27,260 |
Office expenses | $164,770 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $57,103 |
Travel | $25,024 |
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 | $0 |
Insurance | $164,666 |
All other expenses | $0 |
Total functional expenses | $1,718,245 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $237,894 |
Savings and temporary cash investments | $5,015,848 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $18,168 |
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 | $180,746 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $89,148 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $570,755 |
Total assets | $6,112,559 |
Accounts payable and accrued expenses | $79,422 |
Grants payable | $0 |
Deferred revenue | $212,940 |
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 | $96,000 |
Other liabilities | $0 |
Total liabilities | $388,362 |
Net assets without donor restrictions | $5,499,589 |
Net assets with donor restrictions | $224,608 |
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 | $6,112,559 |
Over the last fiscal year, College Year In Athens Inc has awarded $678,374 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
Cambridge, MA PURPOSE: RUNNING EDUCATIONAL PROGRAMS IN GREECE | $227,952 |
Cambridge, MA PURPOSE: RUNNING EDUCATIONAL PROGRAMS IN GREECE | $227,952 |
THE GEORGE PHYLACTOPOULOUS FOUNDATION PURPOSE: RUNNING EDUCATIONAL PROGRAMS IN GREECE | $111,235 |
THE GEORGE PHYLACTOPOULOUS FOUNDATION PURPOSE: RUNNING EDUCATIONAL PROGRAMS IN GREECE | $111,235 |
Over the last fiscal year, we have identified 3 grants that College Year In Athens Inc has recieved totaling $103,000.
Awarding Organization | Amount |
---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $68,000 |
Rob And Melani Walton Foundation Bentonviille, AR PURPOSE: MEMORIAL SCHOLARSHIP | $25,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
Beg. Balance | $45,042 |
Earnings | $846 |
Grants | $846 |
Ending Balance | $45,042 |
Organization Name | Assets | Revenue |
---|---|---|
Afs-Usa Inc New York, NY | $16,942,442 | $16,772,784 |
American Academy In Rome New York, NY | $156,286,917 | $13,968,918 |
Alexander Muss Institute For Israel Education Inc Rockville Centre, NY | $21,964,723 | $9,700,291 |
Onward Israel Usa Inc New York, NY | $2,215,370 | $5,939,234 |
Showa Boston Institute For Language And Culture Jamaica Plain, MA | $39,110,971 | $10,562,824 |
Afs Intercultural Programs Inc New York, NY | $14,241,646 | $12,687,356 |
Egyptian-American Enterprise Fund New York, NY | $169,845,703 | $41,150,119 |
International Student Exchange Inc Bay Shore, NY | $14,840,965 | $6,979,556 |
Insead North America Inc Valhalla, NY | $10,753,709 | $6,277,643 |
Program Of Academic Exchange Port Chester, NY | $4,242,998 | $6,723,504 |
School Year Abroad Inc North Andover, MA | $31,777,579 | $4,148,421 |
Urban Assembly Inc New York, NY | $3,965,114 | $5,718,202 |