Mount Athos Foundation Of America Inc
- Assets
- $197.8k
- Revenue
- $197.7k
- Investments
- $0.0
- Employees
- 0
- Location
- De Tour Village, MI
- Founding
- 04/2018
- Data as of
- 12/2023
- EIN
- 81-4830351
Organization Overview
Mount Athos Foundation Of America Inc is located in De Tour Village, MI. The organization was established in 2018. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. Mount Athos Foundation Of America 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 12/2023, Mount Athos Foundation Of America Inc generated $197.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 64.8% each year . All expenses for the organization totaled $97.9k during the year ending 12/2023. While expenses have increased by 52.1% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SPECIFICALLY, THE PURPOSES OF THE FOUNDATION ARE TO:2.1 SUPPORT THE PRESERVATION OF THE HERITAGE OF MOUNT ATHOS, LOCATED IN NORTHEASTERN GREECE, A UNESCO WORLD HERITAGE SITE AND THE MONASTIC HOLY LAND AND PILGRIMAGE SITE FOR ALL THE BRANCHES OF EASTERN ORTHODOX CHRISTIANITY FOR OVER A MILLENNIUM;2.1 SUPPORT THE MAINTENANCE, RESTORATION AND PRESERVATION ON MOUNT ATHOS OF ITS HISTORIC BUILDINGS, PATHWAYS, ARCHIVES, MANUSCRIPTS AND WORKS OF ART, AS WELL AS OTHER ARTIFACTS DATING FROM THE BYZANTINE AND POST-BYZANTINE ERAS AND TO SUPPORT THE OPERATIONS OF THE MONASTERIES;2.1 ADVANCE THE STUDY, UNDERSTANDING, AND APPRECIATION OF THE HISTORY, CULTURE, ARTS, ARCHITECTURE, NATURAL HISTORY, AND LITERATURE OF MOUNT ATHOS AND ITS HISTORIC MONASTERIES AND MONASTIC DEPENDENCIES; AND2.1 RECEIVE AND DISTRIBUTE DONATIONS GIVEN IN SUPPORT OF THE PURPOSES OF THIS FOUNDATION AS STATED HEREIN
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT THE PRESERVATION OF THE HERITAGE OF MOUNT ATHOS, LOCATED IN NORTHEASTERN GREECE, AS A UNESCO WORLD HERITAGE SITE AND AS THE MONASTIC HOLY LAND AND PILGRIMAGE SITE FOR ALL THE BRANCHES OF EASTERN ORTHODOX CHRISTIANITY FOR OVER A MILLENNIUM (KALVA AND KISSAMO APPEALS AND ARCHITECTURAL & ECOLOGICAL CONSERVATION APPEAL)
ADVANCE THE STUDY, UNDERSTANDING, AND APPRECIATION OF THE HISTORY, CULTURE, ARTS, ARCHITECTURE, NATURAL HISTORY, AND LITERATURE OF MOUNT ATHOS AND ITS HISTORIC MONASTERIES AND MONASTIC DEPENDENCIES (EXHIBITION, SCHOLARSHIPS, BOOK, FILM, PILGRIMAGE, AND; PANAGIO TRANSLATION, GREEK LIASON).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Allison Director | Trustee | 2 | $0 |
Peter Allen Director | Trustee | 2 | $0 |
George Babbes Director | Trustee | 2 | $0 |
Christopher Deliso Director | Trustee | 2 | $0 |
Mary Allen Johnson Director | Trustee | 2 | $0 |
Wade Kolb Director | Trustee | 2 | $0 |
Financial Statements
| 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 | $187,190 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $187,190 |
| Total Program Service Revenue | $0 |
| Investment income | $140 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,404 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $197,734 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $82,165 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,035 |
| Office expenses | $0 |
| Information technology | $630 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $137 |
| 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 | $3,436 |
| All other expenses | $0 |
| Total functional expenses | $97,929 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,923 |
| Savings and temporary cash investments | $80,129 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $778 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $197,830 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $197,830 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $197,830 |