Stamford Hellenic Association Inc
Stamford Hellenic Association Inc maintains stable finances with zero officer compensation and growing assets.
EIN: 205648504 · Stamford, CT · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $25K |
| Total Expenses | $13K |
| Program Spending | 85% |
| Net Assets | $28K |
| Transparency Score | 85/100 |
Is Stamford Hellenic Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stamford Hellenic Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stamford Hellenic Association Inc
Stamford Hellenic Association Inc (EIN: 205648504) is a nonprofit organization based in Stamford, CT, classified under NTEE code N50. The organization reported total revenue of $25K and total assets of $29K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stamford Hellenic Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stamford Hellenic Association Inc is a micro nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $13K |
| Surplus / Deficit | +$12K |
| Total Assets | $28K |
| Net Assets | $28K |
| Operating Margin | 49.0% |
| Months of Reserves | 26.6 months |
Financial Health Grade: A
In 2023, Stamford Hellenic Association Inc reported a surplus of $12K with revenue exceeding expenses, holds 26.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Stamford Hellenic Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.4% | -38.9% | +76.9% |
| 2022 | +22.5% | +11.1% | +58.3% |
| 2021 | -12.5% | -0.3% | +43.6% |
| 2020 | +15.3% | -26.2% | +622.6% |
| 2019 | -39.1% | -25.1% | -79.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Stamford Hellenic Association Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Stamford Hellenic Association Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led organization. This significantly reduces administrative overhead and maximizes funds available for the organization's mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Stamford Hellenic Association Inc's IRS 990 filings:
- Small asset base relative to some larger nonprofits, though growing
Strengths
The following positive indicators were identified for Stamford Hellenic Association Inc:
- Consistent revenue generation over a decade
- Zero officer compensation, indicating volunteer leadership and low overhead
- Consistently low or zero liabilities, demonstrating strong financial management
- Positive net assets and growing asset base, from $980 in 2019 to $28,477 in 2023
- Expenses consistently below revenue in recent years, leading to surpluses (e.g., $25,246 revenue vs. $12,864 expenses in 2023)
Frequently Asked Questions about Stamford Hellenic Association Inc
Is Stamford Hellenic Association Inc a legitimate charity?
Stamford Hellenic Association Inc (EIN: 205648504) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $25K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Stamford Hellenic Association Inc spend its money?
Stamford Hellenic Association Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Stamford Hellenic Association Inc tax-deductible?
Stamford Hellenic Association Inc is registered as a tax-exempt nonprofit (EIN: 205648504). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Stamford Hellenic Association Inc's spending goes to programs?
Stamford Hellenic Association Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Stamford Hellenic Association Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Stamford Hellenic Association Inc is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Stamford Hellenic Association Inc located?
Stamford Hellenic Association Inc is headquartered in Stamford, Connecticut and files with the IRS under EIN 205648504. It is classified under NTEE code N50.
How many years of IRS 990 filings does Stamford Hellenic Association Inc have?
Stamford Hellenic Association Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $25K in total revenue.
Is Stamford Hellenic Association Inc financially stable?
Yes, the organization appears financially stable. It consistently generates revenue (e.g., $25,246 in 2023) that exceeds expenses (e.g., $12,864 in 2023), leading to positive net assets. Liabilities have been consistently reported as $0 in most recent years, indicating a healthy balance sheet.
How has the organization's asset base changed over time?
The organization's assets have shown significant growth, particularly in recent years. Assets increased from $980 in 2019 to $28,477 in 2023, demonstrating a strong ability to accumulate resources.
Does the organization pay its officers?
No, the organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-driven leadership structure.
Filing History
IRS 990 filing history for Stamford Hellenic Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Stamford Hellenic Association Inc's revenue has declined by 60.5%, moving from $64K to $25K. Total assets increased by 888.8% over the same period, from $3K to $28K. Total functional expenses fell by 80.2%, from $65K to $13K. In its most recent filing year (2023), Stamford Hellenic Association Inc reported a surplus of $12K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25K | $13K | $28K | $0 | — | — |
| 2022 | $27K | $21K | $16K | $0 | — | View 990 |
| 2021 | $22K | $19K | $10K | $0 | — | — |
| 2020 | $25K | $19K | $7K | $0 | — | — |
| 2019 | $22K | $26K | $980 | $69 | — | View 990 |
| 2018 | $36K | $34K | $5K | $0 | — | View 990 |
| 2017 | $37K | $39K | $3K | $0 | — | View 990 |
| 2016 | $46K | $45K | $5K | $0 | — | View 990 |
| 2015 | $36K | $46K | $4K | $0 | — | View 990 |
| 2014 | $41K | $49K | $13K | $0 | — | View 990 |
| 2013 | $68K | $59K | $21K | $0 | — | View 990 |
| 2012 | $73K | $63K | $13K | $0 | — | View 990 |
| 2011 | $64K | $65K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25K, expenses of $13K, and assets of $28K (revenue -6.4% year-over-year).
- 2022: Revenue of $27K, expenses of $21K, and assets of $16K (revenue +22.5% year-over-year).
- 2021: Revenue of $22K, expenses of $19K, and assets of $10K (revenue -12.5% year-over-year).
- 2020: Revenue of $25K, expenses of $19K, and assets of $7K (revenue +15.3% year-over-year).
- 2019: Revenue of $22K, expenses of $26K, and assets of $980 (revenue -39.1% year-over-year).
- 2018: Revenue of $36K, expenses of $34K, and assets of $5K (revenue -3.6% year-over-year).
- 2017: Revenue of $37K, expenses of $39K, and assets of $3K (revenue -19.7% year-over-year).
- 2016: Revenue of $46K, expenses of $45K, and assets of $5K (revenue +28.0% year-over-year).
- 2015: Revenue of $36K, expenses of $46K, and assets of $4K (revenue -10.7% year-over-year).
- 2014: Revenue of $41K, expenses of $49K, and assets of $13K (revenue -40.6% year-over-year).
- 2013: Revenue of $68K, expenses of $59K, and assets of $21K (revenue -6.9% year-over-year).
- 2012: Revenue of $73K, expenses of $63K, and assets of $13K (revenue +14.3% year-over-year).
- 2011: Revenue of $64K, expenses of $65K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stamford Hellenic Association Inc:
Data Sources and Methodology
This transparency report for Stamford Hellenic Association Inc 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.