Hellenic Classical Charter School
- Assets
- $12.3m
- Revenue
- $9.0m
- Investments
- $0.0
- Employees
- 79
- Location
- Brooklyn, NY
- Founding
- 11/2005
- Data as of
- 06/2020
- EIN
- 38-3719653
Organization Overview
Hellenic Classical Charter School is located in Brooklyn, NY. The organization was established in 2005. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2020, Hellenic Classical Charter School employed 79 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hellenic Classical Charter School 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 06/2020, Hellenic Classical Charter School generated $9.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $8.8m during the year ending 06/2020. While expenses have increased by 2.1% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PUBLIC CHARTER SCHOOL THAT PREPARES STUDENTS INTELLECTUALLY, SOCIALLY AND EMOTIONALLY, SO THEY MAY GAIN ENTRY TO AND SUCCEED IN THE BEST HIGH SCHOOLS IN NEW YORK CITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO INCREASE LEARNING OPPORTUNITIES FOR STUDENTS THROUGH INNOVATIVE EDUCATIONAL PROGRAMS AND TO ENABLE PARENTS TO BE MORE INVOLVED IN THEIR CHILDREN'S EDUCATION. THE SCHOOL PROVIDED EDUCATION TO APPROXIMATELY 497 STUDENTS IN GRADES KINDERGARTEN THROUGH EIGHTH DURING THE 2019-2020 ACADEMIC YEAR.
TO INCREASE LEARNING OPPORTUNITIES FOR STUDENTS THROUGH INNOVATIVE EDUCATIONAL PROGRAMS AND TO ENABLE PARENTS TO BE MORE INVOLVED IN THEIR CHILDREN'S EDUCATION. THE SCHOOL PROVIDED EDUCATION TO APPROXIMATELY 497 STUDENTS IN GRADES KINDERGARTEN THROUGH EIGHTH DURING THE 2019-2020 ACADEMIC YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Tettonis Principal | Officer | 35 | $305,987 |
Joy Pretrakos Director Of Operations | Officer | 35 | $162,563 |
Natasha Caban Assistant Principal | 40 | $136,448 | |
Petros Fourniotis Dean Of Dance & Theatre | 40 | $117,735 | |
Christina Portelos Director Of Finance & Ops. | 35 | $106,256 | |
Charles Capetanakis Chairman | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $454,747 |
| Investment income | $2 |
| 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 | $8,991,009 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $5,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $431,722 |
| Compensation to disqualified persons | $132,375 |
| Other salaries and wages | $4,679,554 |
| Pension plan accruals and contributions | $4,422 |
| Other employee benefits | $724,257 |
| Payroll taxes | $461,718 |
| Fees for services: Management | $73,283 |
| Fees for services: Legal | $41,999 |
| Fees for services: Accounting | $31,134 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $204,098 |
| Advertising and promotion | $18,139 |
| Office expenses | $57,399 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $658,533 |
| Travel | $37,936 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $550 |
| Interest | $340,952 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $545,392 |
| Insurance | $71,335 |
| All other expenses | $0 |
| Total functional expenses | $8,843,768 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,343,522 |
| Savings and temporary cash investments | $71,040 |
| Pledges and grants receivable | $172,582 |
| Accounts receivable, net | $21,214 |
| 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 | $23,356 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $184,766 |
| Total assets | $12,310,135 |
| Accounts payable and accrued expenses | $1,077,448 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $7,112,270 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,517,077 |
| Total liabilities | $10,706,795 |
| 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 |
| Total liabilities and net assets/fund balances | $1,603,340 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hellenic Classical Charter School has recieved totaling $200,821.
| Awarding Organization | Amount |
|---|---|
Charter Fund Inc Broomfield, CO PURPOSE: CHARTER SCHOOL GROWTH | $200,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $821 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Our World Neighborhood Charter School Astoria, NY | $8,035,800 | $19,394,981 |
Zeta Charter Schools - New York City Bronx, NY | $8,294,050 | $24,042,847 |
Tapestry Charter School Buffalo, NY | $42,673,326 | $19,036,142 |
Belmont Charter School Philadelphia, PA | $6,922,339 | $21,008,354 |
Riverton Street Charter School Jamaica, NY | $876,028 | $18,020,045 |
Community Partnership Charter School Brooklyn, NY | $6,697,823 | $17,421,510 |
University Heights Charter School Of Excellence Inc Newark, NJ | $19,966,425 | $19,377,888 |
Propel Charter School Sunrise Pittsburgh, PA | $9,914,076 | $19,454,226 |
West Oak Lane Charter School Philadelphia, PA | $9,484,536 | $17,633,515 |
New World Preparatory Charter School Staten Island, NY | $11,039,877 | $15,891,688 |
Central Jersey College Preparatory Charter School Somerset, NJ | $11,475,546 | $18,846,415 |
Mast Community Charter School Iii Philadelphia, PA | $53,124,349 | $21,172,350 |