Hellenic American School Endowment Tr is located in Lowell, MA. The organization was established in 2001. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Hellenic American School Endowment Tr 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 12/2020, Hellenic American School Endowment Tr generated $4.8k 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 (25.2%) each year. All expenses for the organization totaled $5.8k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (46.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
TO DEVELOP,SECURE AND PROMOTE THE FUTURE OF THE HELLENICAMERICAN ACADEMY BY PROVIDING FUNDING
TO DEVELOP,SECURE AND PROMOTE THE FUTURE OF THE HELLENICAMERICAN ACADEMY BY PROVIDING FUNDING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donna A Christopoulos Trustee | 0 | $0 | |
Lynda A Rizos Trustee | 0 | $0 | |
Theodora Stathopoulos Board Member | 0 | $0 | |
Voulas Danas Board Member | 0 | $0 | |
Julie Grillakis Board Member | 0 | $0 | |
Kathy Koukoulos Board Member | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $16 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $1,567 |
Gain or Loss | $3,223 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $4,806 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,000 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,752 |
Total expenses | $5,752 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $772 |
Other assets | $0 |
Total assets | $111,530 |
Total liabilities | $0 |
Net assets or fund balances | $111,530 |
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