Three Hierarchs Academy Inc
- Assets
- $1.2m
- Revenue
- $543.2k
- Investments
- $0.0
- Employees
- 15
- Location
- Florence, AZ
- Founding
- 06/2018
- Data as of
- 07/2023
- EIN
- 82-4938141
Organization Overview
Three Hierarchs Academy Inc is located in Florence, AZ. The organization was established in 2018. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 07/2023, Three Hierarchs Academy Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Three Hierarchs Academy 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 07/2023, Three Hierarchs Academy Inc generated $543.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $556.2k during the year ending 07/2023. While expenses have increased by 14.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THREE HIERARCHS ACADEMY (3HA) ENCOURAGES OUR STUDENTS' GROWTH AS ORTHODOX CHRISTIANS AND VALUED MEMBERS OF SOCIETY THROUGH COMPREHENSIVE BILINGUAL EDUCATION WITH ORTHODOX CHRISTIAN CONTENT AND A TRADITIONAL APPROACH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ACADEMY OFFERS A TRADITIONAL, TIME-HONORED, VIRTUE-PROMOTING, SOUL-PROFITING, COMPREHENSIVE EDUCATIONAL ENVIRONMENT. OUR PROGRAM IS GROUNDED IN THE EDUCATIONAL IDEAS AND TEACHING OF THE THREE HIERARCHS AND THEREFORE AIMS AT THE FORMATION OF THE WHOLE CHILD-SOUL, MIND, AND BODY. THE ACADEMY OFFERS A PARTIAL GREEK IMMERSION PROGRAM IN WHICH STUDENTS BECOME FLUENT IN MODERN GREEK WHILE ACQUIRING A READING KNOWLEDGE OF ANCIENT GREEK. OUR CURRICULUM ALSO INCLUDES LANGUAGE ARTS, MATH, SCIENCE, HISTORY AND SOCIAL STUDIES, MUSIC, ART, ORTHODOX FAITH AND LIFE, AND PE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
FR Nicholas Metrakos President & Chairman | OfficerTrustee | 8 | $0 |
Alex Trigonis Director | Trustee | 4 | $0 |
Alexandra Aram Director | Trustee | 1 | $0 |
Alexandra Trigonis Director | Trustee | 1 | $0 |
Dimitrios Mirkopoulos Director | Trustee | 2 | $0 |
Jackie Goodson Secretary & Director | OfficerTrustee | 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 | $160,011 |
| Noncash contributions included in lines 1a–1f | $6,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $160,011 |
| Total Program Service Revenue | $381,268 |
| Investment income | $1,935 |
| 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 | $543,214 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $331,445 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,510 |
| Payroll taxes | $18,657 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $917 |
| Fees for services: Accounting | $12,521 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,018 |
| Advertising and promotion | $1,327 |
| Office expenses | $1,617 |
| Information technology | $4,345 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $22,170 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,513 |
| Insurance | $7,530 |
| All other expenses | $24,190 |
| Total functional expenses | $556,241 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,704 |
| Savings and temporary cash investments | $541,935 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,975 |
| 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 | $3,881 |
| Net Land, buildings, and equipment | $596,565 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,160,060 |
| Accounts payable and accrued expenses | $2,769 |
| Grants payable | $0 |
| Deferred revenue | $167,120 |
| 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 | $500,000 |
| Other liabilities | $0 |
| Total liabilities | $669,889 |
| Net assets without donor restrictions | $490,171 |
| 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 | $1,160,060 |