Hellenic Classical Charter Schools
- Assets
- $13.3m
- Revenue
- $20.1m
- Investments
- $0.0
- Employees
- 117
- Location
- Brooklyn, NY
- Founding
- Data as of
- 06/2021
- EIN
- 85-1596185
Organization Overview
Hellenic Classical Charter Schools is located in Brooklyn, NY. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Hellenic Classical Charter Schools employed 117 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hellenic Classical Charter Schools 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 06/2021, Hellenic Classical Charter Schools generated $20.1m in total revenue. All expenses for the organization totaled $13.0m during the year ending 06/2021. While expenses have increased by 135.0% per year over the past 2 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
2021
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 2020-2021 ACADEMIC YEAR.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Tettonis Principal | Officer | 40 | $305,987 |
Joy Pretrakos Director Of Operations | Officer | 40 | $156,531 |
Natasha Caban Principal | 40 | $148,756 | |
Christina Portelos Director Of Finance & Ops. | 40 | $131,530 | |
Cathy Kakleas Principal | 40 | $118,736 | |
Harvey Newman Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $6,975,945 |
| Government grants | $998,251 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,127 |
| Noncash contributions included in lines 1a–1f | $34,566 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,984,323 |
| Total Program Service Revenue | $11,978,630 |
| Investment income | $0 |
| 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 | $5,208 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,095,050 |
| 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. | $493,621 |
| Compensation of current officers, directors, key employees. | $80,994 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,573,731 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $906,638 |
| Payroll taxes | $625,653 |
| Fees for services: Management | $106,386 |
| Fees for services: Legal | $79,539 |
| Fees for services: Accounting | $83,654 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $193,755 |
| Advertising and promotion | $30,080 |
| Office expenses | $114,647 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,943,662 |
| Travel | $2,972 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $201 |
| Interest | $248,391 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $527,589 |
| Insurance | $101,856 |
| All other expenses | $20,028 |
| Total functional expenses | $13,037,258 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,494,343 |
| Savings and temporary cash investments | $121,040 |
| Pledges and grants receivable | $1,271,474 |
| Accounts receivable, net | $25,118 |
| 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 | $89,591 |
| Net Land, buildings, and equipment | $10,168,016 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $131,074 |
| Total assets | $13,300,656 |
| Accounts payable and accrued expenses | $1,592,858 |
| Grants payable | $0 |
| Deferred revenue | $14,380 |
| 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 | $150,000 |
| Other liabilities | $1,618,151 |
| Total liabilities | $3,375,389 |
| Net assets without donor restrictions | $9,774,843 |
| Net assets with donor restrictions | $150,424 |
| 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 | $13,300,656 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hellenic Classical Charter Schools has recieved totaling $48,452.
| Awarding Organization | Amount |
|---|---|
The New York City Center For Charter School Excellence New York, NY PURPOSE: COVID-19 CRISIS GRANT | $24,226 |
The New York City Center For Charter School Excellence New York, NY PURPOSE: COVID-19 CRISIS GRANT | $24,226 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mastery Charter High School Philadelphia, PA | $43,740,057 | $52,618,647 |
Public Prep Charter School Academies Bronx, NY | $28,993,375 | $52,903,915 |
Achievement First Inc New Haven, CT | $52,811,061 | $64,422,955 |
Explore Excel Charter School Brooklyn, NY | $21,686,253 | $46,865,700 |
Brooklyn Prospect Charter School Brooklyn, NY | $14,747,543 | $42,286,541 |
Little Red School House Inc New York, NY | $50,588,811 | $36,915,940 |
Philadelphia Performing Arts A String Theory Charter School Philadelphia, PA | $27,708,411 | $43,176,770 |
True North Rochester Preparatorycharter School Rochester, NY | $31,478,453 | $41,687,630 |
Classical Charter Schools Bronx, NY | $15,984,342 | $34,614,781 |
Bronx Charter School For Excellence Bronx, NY | $63,378,035 | $40,736,120 |
Avon Grove Charter School West Grove, PA | $50,579,082 | $34,467,872 |
Science Academies Of New York Charter Schools Syracuse, NY | $37,462,091 | $36,615,185 |