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Nonprofit · EIN 32-0167308

HELLENIC AMERICAN ACADEMY FOUNDATION NFP

Tax-exempt · DEERFIELD, IL 60015

Financials

$1.8M$2M2023$2M$2M2024$1.9M$2.1M2025
Revenue Expenses · by fiscal year end
Financials of HELLENIC AMERICAN ACADEMY FOUNDATION NFP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2026990$1,902,389$2,115,978-$213,589$4,955,915$3,065,375$1,890,540
June 30, 2025990$1,976,798$1,983,194-$6,396$5,201,418$3,099,992$2,101,426
June 30, 2024990$1,794,533$1,982,088-$187,555$5,317,932$3,210,110$2,107,822
Financial details: 990 for the year ended June 30, 2026

Revenue

Contributions, gifts and grants
$319,453
Program service revenue
$1,565,133
Investment income
$9,109
Net gain from sales of assets
$408
Net income from fundraising events
$8,694
Other revenue
$8,694

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$1,483,199
Salaries, compensation and benefits (total)
$1,483,199
Professional fundraising fees
$0
Accounting fees
$7,800
Occupancy
$93,705
Depreciation
$133,298
Program services (functional)
$1,483,233
Management and general (functional)
$632,745

Balance sheet and other

Total assets, start of year
$5,201,418
Total assets, end of year
$4,955,915
Total liabilities, end of year
$3,065,375
Net assets, end of year
$1,890,540
Land, buildings and equipment
$4,583,293
Publicly traded securities
$209,739
Net assets without donor restrictions
$1,890,540
Gross receipts
$2,080,939
Employees
59
Volunteers
45
Year formed
2005
State of legal domicile
IL

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, 2026, highest compensation first.

NameTitleHours / weekCompensation
Manolis KaramouzisTreasurer
Officer
0$0
Dr Spiro KarrasVice President
Officer
0$0
Demetrios LogothetisChairman
Officer
0$0
Angelo SpyratosSecretary
Officer
0$0
990 for the year ended June 30, 2025: 4 people
NameTitleHours / weekCompensation
Manolis KaramouzisTreasurer
Officer
0$0
Dr Spiro KarrasVice President
Officer
0$0
Demetrios LogothetisChairman
Officer
0$0
Angelo SpyratosSecretary
Officer
0$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
Manolis KaramouzisTreasurer
Officer
0$0
Dr Spiro KarrasVice President
Officer
0$0
Demetrios LogothetisChairman
Officer
0$0
Peter MaroutsosCOO
Officer
0$0
Angelo SpyratosSecretary
Officer
0$0

Address and contacts

Address (IRS master file)
445 PINE ST, DEERFIELD, IL 60015-4024
In care of
% DEMETRIOS LOGOTHETIS
Principal officer (990 for 2025)
Demetrios Logothetis, 445 Pine Street, Deerfield, IL 60015
Signed the 990
Demetrios Logothetis, Chairman
Phone
(847) 317-1063
Return prepared by
ADDUCCI VEGA FINANCIAL GROUP LLC

Mission

To be the preeminent educational and cultural center for Hellenism in the United States recognized for Academic Excellence, a strong sense of community, and the promotion of Greek Heritage and faith.

990 for the year ended June 30, 2026

Program accomplishments

  • School programs: The Academy was formed in order to provide an independent, bilingual, private school. The Academy also offers weekend and evening school programs.
    Expenses $1,422,291 · revenue $1,484,848
  • Summer programs: The Academy offers a summer camp and a Greek conversation program.
    Expenses $37,982 · revenue $65,600
  • Cultural programs: The Academy was formed in order to promote an understanding of the Hellenic culture, ideas, and tradition.
    Expenses $22,960 · revenue $14,685

What it must file and when

IRS records say it files Not required (religious organization). 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, 2026990 on file
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
32-0167308
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
2007
Accounting year ends
June
Files
Not required (religious organization)
Category (NTEE)
Education (B20)
Assets (IRS master file)
$4,955,915
Income (IRS master file)
$2,080,939

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2026$1,902,389$2,115,978$4,955,915XML
990June 2025$1,976,798$1,983,194$5,201,418XML
990June 2024$1,794,533$1,982,088$5,317,932XML
990June 2023$2,718,169$2,065,305$5,569,088IRS
990June 2022$3,876,315$1,845,134$5,354,772IRS
990June 2021–––IRS
990June 2020–––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 32-0167308).

Questions about HELLENIC AMERICAN ACADEMY FOUNDATION NFP

What is the EIN of HELLENIC AMERICAN ACADEMY FOUNDATION NFP?
The employer identification number (EIN) of HELLENIC AMERICAN ACADEMY FOUNDATION NFP is 32-0167308.
Is HELLENIC AMERICAN ACADEMY FOUNDATION NFP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to HELLENIC AMERICAN ACADEMY FOUNDATION NFP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HELLENIC AMERICAN ACADEMY FOUNDATION NFP file?
Form Not required (religious organization).
When is the next return of HELLENIC AMERICAN ACADEMY FOUNDATION NFP due?
The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HELLENIC AMERICAN ACADEMY FOUNDATION NFP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2026.
Who is the principal officer of HELLENIC AMERICAN ACADEMY FOUNDATION NFP?
The 990 for the year ended June 30, 2026 names Demetrios Logothetis.
Who are the officers and directors of HELLENIC AMERICAN ACADEMY FOUNDATION NFP?
The 990 for the year ended June 30, 2026 lists 4 people; 0 received compensation from the organization.
How much revenue does HELLENIC AMERICAN ACADEMY FOUNDATION NFP have?
On its 990 for the year ended June 30, 2026 it reported revenue of $1,902,389, expenses of $2,115,978 and total assets of $4,955,915 at year end.

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