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Nonprofit · EIN 04-2306054

THE AMERICAN COLLEGE OF GREECE

Tax-exempt · BOSTON, MA 02110

Financials

$69.2M$73.5M2022$81.7M$83.6M2023$89.6M$94.3M2024
Revenue Expenses · by fiscal year end
Financials of THE AMERICAN COLLEGE OF GREECE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$89,608,922$94,303,310-$4,694,388$116,224,555$58,083,845$58,140,710
June 30, 2024990$81,659,784$83,594,848-$1,935,064$109,354,268$50,883,938$58,470,330
June 30, 2023990$69,227,780$73,532,656-$4,304,876$96,565,994$45,035,622$51,530,372
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,559,254
of which government grants
$172,534
Program service revenue
$86,767,913
Investment income
$559,181
Net rental income
$203,298
Net gain from sales of assets
$6,089
Other revenue
$722,574

Expenses

Grants and similar amounts paid
$12,612,109
Compensation of officers, directors and key employees
$278,452
Other salaries and wages
$36,310,625
Salaries, compensation and benefits (total)
$47,250,897
Professional fundraising fees
$0
Legal fees
$538,161
Accounting fees
$43,233
Occupancy
$5,526,815
Travel
$1,643,911
Depreciation
$6,354,026
Program services (functional)
$70,299,205
Management and general (functional)
$23,613,905
Fundraising (functional)
$390,200

Balance sheet and other

Total assets, start of year
$109,354,268
Total assets, end of year
$116,224,555
Total liabilities, end of year
$58,083,845
Net assets, end of year
$58,140,710
Land, buildings and equipment
$74,522,095
Publicly traded securities
$492,428
Net assets without donor restrictions
$39,990,910
Net assets with donor restrictions
$18,149,800
Gross receipts
$129,747,866
Employees
0
Volunteers
19
Year formed
1961
State of legal domicile
CO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR DAVID G HORNERPRESIDENT
Officer
35$266,059$252,165$117,072
KELLY A MORRACFO, SVP FINANCE & U.S. OPERATIONS
Officer
28$0$251,825$60,566
ILIANA LAZANASENIOR VP OF ADMIN & PIERCE
Highest-paid employee
40$134,434$0$69,819
PANAGIOTIS VLACHOPOULOSVICE PRESIDENT ACADEMIC AFFAIRS
Highest-paid employee
40$158,096$0$38,557
KONSTANTINOS AXARLOGLOUPROFESSOR OF INTL. BUSN. & STRATEGY
Highest-paid employee
40$135,833$0$46,075
STEFANOS ZARKOSASSC DEAN ACAD PROG & ASSC PROF FIN
Highest-paid employee
40$136,569$0$41,274
NIKOLAOS MYLONOPOULOSPROF DIG BUS, DIR SEV CTR EXCELLENCE
Highest-paid employee
40$133,789$0$39,279
DR DANIEL SMITHCHAIR
Trustee or director, Officer
2$0$0$0
JOHN CHACHASVICE CHAIR
Trustee or director, Officer
2$0$0$0
NIKOS KOUMETTISVICE CHAIR
Trustee or director, Officer
2$0$0$0
ANGELO MANIOUDAKISVICE CHAIR
Trustee or director, Officer
2$0$0$0
DEBORAH WINCE-SMITHVICE CHAIR
Trustee or director, Officer
2$0$0$0
ALEX ALDOUSSECRETARY
Trustee or director, Officer
2$0$0$0
MICHAEL BAPISTRUSTEE
Trustee or director
2$0$0$0
GEORGE CASEYTRUSTEE
Trustee or director
2$0$0$0
11 more people on this return
NameTitleHours / weekCompensation
GREG CHASETRUSTEE
Trustee or director
2$0
ANTONY CONTOMICHALOSTRUSTEE
Trustee or director
2$0
ALMA DE METROPOLISTRUSTEE
Trustee or director
2$0
DR SUSAN FUHRMANTRUSTEE
Trustee or director
2$0
DR DENA HARITOS TSAMITISTRUSTEE
Trustee or director
2$0
DR MARTHA J KANTERTRUSTEE (THRU 11/2024)
Trustee or director
2$0
HARIKLIA KARISTRUSTEE
Trustee or director
2$0
PARIS KARASSOTRUSTEE
Trustee or director
2$0
DR HELENA MITCHELLTRUSTEE
Trustee or director
2$0
MILTON SIPPTRUSTEE (AS OF 11/2024)
Trustee or director
2$0
LENA TRIANTOGIANNISTRUSTEE
Trustee or director
2$0
990 for the year ended June 30, 2024: 29 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR DAVID G HORNERPRESIDENT
Officer
35$259,999$285,096$92,465
KELLY A MORRACFO, SVP FINANCE & U.S. OPERATIONS
Officer
28$0$244,024$59,715
ILIANA LAZANASENIOR VP OF ADMIN & PIERCE
Highest-paid employee
40$128,393$0$86,177
NIKOLAOS MYLONOPOULOSPROFESSOR INFORMATION SYSTEMS
Highest-paid employee
40$146,693$0$39,360
KYRIAKOS KYRIAKOPOULOSPROFESSOR STRATEGY & MARKETING
Highest-paid employee
40$134,604$0$37,694
PANAGIOTIS VLACHOPOULOSVICE PRESIDENT ACADEMIC AFFAIRS
Highest-paid employee
40$133,242$0$39,018
STEFANOS ZARKOSASSC DEAN ACAD PROG & ASSC PROF FIN
Highest-paid employee
40$138,174$0$33,667
DR DANIEL SMITHCHAIR
Trustee or director, Officer
2$0$0$0
JOHN CHACHASVICE CHAIR
Trustee or director, Officer
2$0$0$0
NIKOS KOUMETTISVICE CHAIR
Trustee or director, Officer
2$0$0$0
ANGELO MANIOUDAKISVICE CHAIR
Trustee or director, Officer
2$0$0$0
DEBORAH WINCE-SMITHVICE CHAIR
Trustee or director, Officer
2$0$0$0
ALEX ALDOUSSECRETARY
Trustee or director, Officer
2$0$0$0
DR BILL ANTHOLISTRUSTEE (THRU 03/2024)
Trustee or director
2$0$0$0
MICHAEL BAPISTRUSTEE
Trustee or director
2$0$0$0
SPIROS BOUASTRUSTEE (THRU 01/2024)
Trustee or director
2$0$0$0
GEORGE CASEYTRUSTEE
Trustee or director
2$0$0$0
ANTONY CONTOMICHALOSTRUSTEE
Trustee or director
2$0$0$0
ALMA DE METROPOLISTRUSTEE
Trustee or director
2$0$0$0
DR SUSAN FUHRMANTRUSTEE
Trustee or director
2$0$0$0
DR MATT GLENDINNINGTRUSTEE
Trustee or director
2$0$0$0
DR DENA HARITOS TSAMITISTRUSTEE
Trustee or director
2$0$0$0
DR MARTHA J KANTERTRUSTEE
Trustee or director
2$0$0$0
HARIKLIA KARISTRUSTEE
Trustee or director
2$0$0$0
PARIS KARASSOTRUSTEE
Trustee or director
2$0$0$0
DR HELENA MITCHELLTRUSTEE
Trustee or director
2$0$0$0
LISA O'DONNELLTRUSTEE (THRU 03/2024)
Trustee or director
2$0$0$0
MILTON SIPPTRUSTEE (THRU 11/2023)
Trustee or director
2$0$0$0
LENA TRIANTOGIANNISTRUSTEE
Trustee or director
2$0$0$0
990 for the year ended June 30, 2023: 30 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR DAVID G HORNERPRESIDENT
Officer
35$260,000$294,110$120,088
KELLY A MORRACFO, SVP FINANCE & U.S. OPERATIONS
Officer
28$0$243,421$58,845
KONSTANTINOS AXARLOGLOUDEAN OF ALBA GRAD. BUS. SCHOOL
Highest-paid employee
40$145,735$0$39,682
ILIANA LAZANASENIOR VP OF ADMIN & PIERCE
Highest-paid employee
40$125,651$0$52,413
ZARKOS STEFANOSASSC DEAN ACAD PROG & ASSC PROF FIN
Highest-paid employee
40$135,521$0$32,781
KYRIAKOS KYRIAKOPOULOSPROFESSOR STRATEGY & MARKETING
Highest-paid employee
40$125,599$0$37,751
CHARALAMBOS MAINEMELISPROFESSOR ORGANIZATIONAL BEHAVIOR
Highest-paid employee
40$123,089$0$37,812
DEMETRIOS LOGOTHETISCHAIR (THRU 12/05/2022)
Trustee or director, Officer
2$0$0$0
DR DANIEL SMITHTRUSTEE (THRU 12/05/2022)/CHAIR
Trustee or director, Officer
2$0$0$0
DEBORAH WINCE-SMITHVICE CHAIR
Trustee or director, Officer
2$0$0$0
LEE ANN LEAHYSECRETARY
Trustee or director, Officer
2$0$0$0
ALEX ALDOUSTRUSTEE
Trustee or director
2$0$0$0
DR BILL ANTHOLISTRUSTEE
Trustee or director
2$0$0$0
DRAKE BEHRAKISTRUSTEE
Trustee or director
2$0$0$0
SPIROS BOUASTRUSTEE
Trustee or director
2$0$0$0
GEORGE CASEYTRUSTEE
Trustee or director
2$0$0$0
JOHN CHACHASTRUSTEE
Trustee or director
2$0$0$0
ALMA DE METROPOLISTRUSTEE
Trustee or director
2$0$0$0
DR SUSAN FUHRMANTRUSTEE
Trustee or director
2$0$0$0
DR MATT GLENDINNINGTRUSTEE
Trustee or director
2$0$0$0
DR DENA HARITOS TSAMITISTRUSTEE
Trustee or director
2$0$0$0
DR MARTHA J KANTERTRUSTEE
Trustee or director
2$0$0$0
HARIKLIA KARISTRUSTEE
Trustee or director
2$0$0$0
NIKOS KOUMETTISTRUSTEE
Trustee or director
2$0$0$0
ANGELO MANIOUDAKISTRUSTEE
Trustee or director
2$0$0$0
DR DAN MILLERTRUSTEE
Trustee or director
2$0$0$0
DR HELENA MITCHELLTRUSTEE
Trustee or director
2$0$0$0
LISA O'DONNELLTRUSTEE
Trustee or director
2$0$0$0
MILTON SIPPTRUSTEE
Trustee or director
2$0$0$0
LENA TRIANTOGIANNISTRUSTEE
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
101 ARCH STREET, BOSTON, MA 02110-1130
In care of
% KELLY MORRA
Principal officer (990 for 2024)
DR EDWARD C WINGENBACH, 101 ARCH ST 8TH FLOOR, BOSTON, MA 02110
Signed the 990
KELLY A MORRA, CFO, SVP FINANCE & U.S. OPS.
Phone
(857) 284-7908
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

TO ADD DISTINCTIVE AND SUSTAINABLE VALUE TO OUR STUDENTS AS WELL AS GREECE, AMERICAN EDUCATION, HELLENIC HERITAGE, AND THE GLOBAL COMMUNITY THROUGH TRANSFORMATIVE TEACHING, SCHOLARSHIP, AND SERVICE.

990 for the year ended June 30, 2025

Program accomplishments

  • IN THE FISCAL YEAR ENDING 6/30/25, 5,792 STUDENTS ATTENDED THE UNDERGRADUATE PROGRAM AND 380 GRADUATED WITH DIPLOMAS. THE GRADUATE SCHOOL AT DEREE HAD 503 STUDENTS ENROLLED OF WHOM 171 GRADUATED WITH ADVANCED DEGREES AND THE ALBA GRADUATE BUSINESS SCHOOL HAD 614 STUDENTS ENROLLED OF WHOM 262 GRADUATED WITH ADVANCED DEGREES. THE HIGH SCHOOL (GRADES 7 TO 12) HAD 1,625 STUDENTS OF WHOM 286 GRADUATED. THE ELEMENTARY SCHOOL (GRADES PRE-K TO 6), HAD 830 STUDENTS. THE AMERICAN COLLEGE OF GREECE (ACG) ALSO OFFERED WELL-ATTENDED CONTINUING EDUCATION AND CULTURAL EVENTS FOR THE COMMUNITY IN WHICH IT OPERATES.
    Expenses $70,299,205 · grants $12,612,109 · revenue $86,767,913

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
04-2306054
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1964
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$116,224,555
Income (IRS master file)
$129,747,866

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$89,608,922$94,303,310$116,224,555IRS
990June 2024$81,659,784$83,594,848$109,354,268IRS
990June 2023$69,227,780$73,532,656$96,565,994XML
990June 2022$59,872,948$64,714,418$82,590,614IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2306054).

Questions about THE AMERICAN COLLEGE OF GREECE

What is the EIN of THE AMERICAN COLLEGE OF GREECE?
The employer identification number (EIN) of THE AMERICAN COLLEGE OF GREECE is 04-2306054.
Is THE AMERICAN COLLEGE OF GREECE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
Are donations to THE AMERICAN COLLEGE OF GREECE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE AMERICAN COLLEGE OF GREECE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE AMERICAN COLLEGE OF GREECE due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE AMERICAN COLLEGE OF GREECE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of THE AMERICAN COLLEGE OF GREECE?
The 990 for the year ended June 30, 2025 names DR EDWARD C WINGENBACH.
Who are the officers and directors of THE AMERICAN COLLEGE OF GREECE?
The 990 for the year ended June 30, 2025 lists 26 people; 6 received compensation from the organization, the highest $266,059 (DR DAVID G HORNER, PRESIDENT).
How much revenue does THE AMERICAN COLLEGE OF GREECE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $89,608,922, expenses of $94,303,310 and total assets of $116,224,555 at year end.

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