Orthodox Vocation And Ministry Foundation
- Assets
- $981.0k
- Revenue
- $751.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Brookline, MA
- Founding
- 11/2018
- Data as of
- 08/2021
- EIN
- 82-5327707
Organization Overview
Orthodox Vocation And Ministry Foundation is located in Brookline, MA. The organization was established in 2018. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Orthodox Vocation And Ministry Foundation 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 08/2021, Orthodox Vocation And Ministry Foundation generated $751.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 36.7% each year . All expenses for the organization totaled $258.8k during the year ending 08/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OVMF FUNDS COSTS FOR YOUNG ADULTS TO PARTICPATE IN THE TELOS GAMMA PROJECT. THIS PROJECT IS AN INITIATIVE FOR YOUNG ADULTS THAT PROVIDES EDUCATION, RESOURCES, MENTORING, RETREATS, AND ONLINE WEBINARS TO EXPLORE AND ENERGIZE YOUNG ADULT ENGAGEMENT IN GREEK ORTHODOX CHURCHES IN THE METROPOLIS OF CHICAGO. FIVE PARISHES PARTICIPATE, WITH ABOUT 30 YOUNG ADULTS IN THE LEADERSHIP TRAINING.
THE OVMF INCURRED AND PAID EXPENSES FOR STUDENTS TO ATTEND CROSSROAD INSTITUTE IN CHICAGO, IL, BOSTON, MA AND SAN FRANSCICO, CA. CROSSROAD IS A TEN-DAY ACADEMIC SUMMER INSTITUTE THAT PREPARES HIGH SCHOOL JUNIORS AND SENIORS TO MAKE BIG LIFE DECISIONS AND INVITES THEM TO CONNECT WITH THE ORTHODOX CHRISTIAN THEOLOGICAL AND SPIRITUAL TRADITION. PARTICIPANTS FROM ALL OVER THE COUNTRY COME TOGETHER TO EXPERIENCE DAILY WORSHIP, TAKE THEOLOGY CLASSES FROM SOME OF THE BEST PROFESSORS IN THE COUNTRY. THIS CURRENT SESSION WAS HELD VIRTUALLY. THERE WERE 30 PARTICIPANTS IN THE CROSSROAD PROGRAM.
FOUNDATION OF CHRISTIAN LEADERS GRANT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Demakes President | 5 | $0 | |
Helen Carlos Vice Preside | 5 | $0 | |
Asimina Pantazelos Secretary | 5 | $0 | |
Virginia Alex Director | 5 | $0 | |
Stephanie Behrakis Liakos Treasurer | 5 | $0 | |
Irene Aviles Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $744,354 |
| Interest on Savings | $5,188 |
| Dividends & Interest | $0 |
| 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 | $1,962 |
| Total Revenue | $751,504 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $82,868 |
| Pension plans, employee benefits | $23,239 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $559 |
| Travel, conferences, and meetings | $1,322 |
| Printing and publications | $16,163 |
| Other expenses | $41,228 |
| Total operating and administrative expenses | $234,308 |
| Contributions, gifts, grants paid | $24,500 |
| Total expenses and disbursements | $258,808 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $383,089 |
| Savings and temporary cash investments | $470,252 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $127,641 |
| Total assets | $980,982 |
| 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, Orthodox Vocation And Ministry Foundation has awarded $24,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Cambridge, MA PURPOSE: CROSSROAD CALIFORNIA PROGRAM | $10,000 |
ASSUMPTION GREEK ORTHODOX CHURCH PURPOSE: TELOS GAMMA | $3,000 |
ST HARALAMBOS GREEK ORTHODOX CHURC PURPOSE: TELOS GAMMA | $3,000 |
SS PETER AND PAUL GREEK ORTHODOX PURPOSE: TELOS GAMMA | $3,000 |
ST SOPHIA GREEK ORTHODOX CHURCH PURPOSE: TELOS GAMMA | $3,000 |
ANNUNCIATION CHURCH PURPOSE: TELOS GAMMA | $2,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Orthodox Vocation And Ministry Foundation has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Profesta Foundation Boston, MA PURPOSE: GENERAL SUPPORT | $25,000 |
Thibault Foundation Chelmsford, MA PURPOSE: SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catholic Guardian Services New York, NY | $37,509,798 | $86,868,371 |
Cardinal Mccloskey School & Home For Children Inc Valhalla, NY | $29,936,400 | $67,045,023 |
Catholic Charities Of Diocese Of Albany Albany, NY | $36,309,218 | $44,877,595 |
St Anns Home Inc Methuen, MA | $37,347,365 | $32,094,159 |
Christian Herald Assn Inc New York, NY | $39,203,041 | $30,264,134 |
Alternatives For Children East Setauket, NY | $11,797,898 | $22,064,885 |
Lutheran Center At Poughkeepsie Inc Scarsdale, NY | $12,784,565 | $22,238,039 |
Redeemer City To City New York, NY | $39,118,134 | $27,107,452 |
Catholic Cemeteries Of The Roman Westbury, NY | $88,272,871 | $14,740,911 |
Liberation Programs Inc Norwalk, CT | $5,758,645 | $12,035,919 |
Public Relations Society Of America Inc New York, NY | $7,935,177 | $9,278,462 |
Tompkins Cortland Community College Foundation Dryden, NY | $60,556,305 | $8,680,534 |