Nafpactiake Fraternity Of Cleveland
- Assets
- $1.3m
- Revenue
- $55.3k
- Investments
- $936.3k
- Employees
- 0
- Location
- Olmsted Falls, OH
- Founding
- 04/2005
- Data as of
- 12/2022
- EIN
- 30-0259998
Organization Overview
Nafpactiake Fraternity Of Cleveland is located in Olmsted Falls, OH. The organization was established in 2005. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nafpactiake Fraternity Of Cleveland 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, Nafpactiake Fraternity Of Cleveland generated $55.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $80.1k during the year ending 12/2022. While expenses have increased by 16.1% per year over the past 4 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARTICIPATION IN GREEK ETHNIC PARADES, DANCES, FEASTS & OTHER ACTIVITIES TO FOSTER RETENTION OF GREEK HERITAGE, CULTURE AND CUISINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Mastrokostas President | 4 | $0 | |
John Tsigas Vice Pres | 4 | $0 | |
Katerina Kanis Secretary | 4 | $0 | |
Nick Dionisos Treasurer | 4 | $0 | |
Nick Pallas Assistant Se | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $44 |
| Dividends & Interest | $10,950 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $44,316 |
| Total Revenue | $55,310 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,279 |
| Depreciation | $12,233 |
| Occupancy | $19,645 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35,686 |
| Total operating and administrative expenses | $74,618 |
| Contributions, gifts, grants paid | $5,500 |
| Total expenses and disbursements | $80,118 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,427 |
| Savings and temporary cash investments | $24,918 |
| 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 | $936,281 |
| Net Land, buildings, and equipment | $271,929 |
| Other assets | $1,700 |
| Total assets | $1,252,255 |
| 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, Nafpactiake Fraternity Of Cleveland has awarded $5,500 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
DIAMANDA ZIZIS PURPOSE: SCHOLARSHIP | $500 |
POLYXENI POULOS PURPOSE: SCHOLARSHIP | $1,000 |
ALEXANDRA KADRAS PURPOSE: SCHOLARSHIP | $500 |
ATHAN TSIGAS PURPOSE: SCHOLARSHIP | $500 |
EFTHIMIA MASTROKOSTAS PURPOSE: SCHOLARSHIP | $500 |
STAVROULA KADRAS PURPOSE: SCHOLARSHIP | $500 |