Greek American Health Services Foundation
EIN: 831048507 · Wheeling, IL · NTEE: E02
| Metric | Value |
|---|---|
| Total Revenue | $794K |
| Total Expenses | $999K |
| Net Assets | $1.1M |
Is Greek American Health Services Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Greek American Health Services Foundation
Greek American Health Services Foundation (EIN: 831048507) is a nonprofit organization based in Wheeling, IL, classified under NTEE code E02. The organization reported total revenue of $794K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greek American Health Services Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greek American Health Services Foundation is a small nonprofit that has been operating for 6 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 199.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $775K |
| Total Expenses | $999K |
| Surplus / Deficit | $-223,695 |
| Total Assets | $1.2M |
| Total Liabilities | $89K |
| Net Assets | $1.1M |
| Operating Margin | -28.9% |
| Debt-to-Asset Ratio | 7.7% |
| Months of Reserves | 14.0 months |
Financial Health Grade: B
In 2023, Greek American Health Services Foundation reported a deficit of $224K with expenses exceeding revenue, holds 14.0 months of operating reserves (strong position), has a debt-to-asset ratio of 7.7% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Greek American Health Services Foundation's revenue has grown at a compound annual growth rate (CAGR) of 199.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +199.6% | +285.9% | -11.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Greek American Health Services Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Greek American Health Services Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $224K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.7%.
Frequently Asked Questions about Greek American Health Services Foundation
Is Greek American Health Services Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Greek American Health Services Foundation (EIN: 831048507) insufficient data. 0 red flags identified, 0 strengths noted.
How does Greek American Health Services Foundation spend its money?
Detailed spending breakdown data is not yet available for Greek American Health Services Foundation. Check back for updated IRS 990 analysis.
Are donations to Greek American Health Services Foundation tax-deductible?
Greek American Health Services Foundation is registered as a tax-exempt nonprofit (EIN: 831048507). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Greek American Health Services Foundation located?
Greek American Health Services Foundation is headquartered in Wheeling, Illinois and files with the IRS under EIN 831048507. It is classified under NTEE code E02.
How many years of IRS 990 filings does Greek American Health Services Foundation have?
Greek American Health Services Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $794K in total revenue.
Filing History
IRS 990 filing history for Greek American Health Services Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Greek American Health Services Foundation's revenue has grown by 199.6%, moving from $259K to $775K. Total assets decreased by 11.7% over the same period, from $1.3M to $1.2M. Total functional expenses rose by 285.9%, from $259K to $999K. In its most recent filing year (2023), Greek American Health Services Foundation reported a deficit of $224K, with expenses exceeding revenue. The organization holds $89K in liabilities against $1.2M in assets (debt-to-asset ratio: 7.7%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $775K | $999K | $1.2M | $89K | — | View 990 |
| 2022 | $259K | $259K | $1.3M | $21K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greek American Health Services Foundation:
Data Sources and Methodology
This transparency report for Greek American Health Services Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.