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Illinois · Nonprofit

Hellenic American Academy Foundation

Hellenic American Academy Foundation (Illinois) receives grants from 7 organizations whose IRS filings report $107,137 to it, the largest being Hellenic Foundation ($61,211). 6 of them have funded it in more than one year.

Revenue FY2026
$1.9M
Funders on record
7
Grants received
$107k
Net assets
$1.9M
6/7 repeat funderspeak grant-dependency 1%
01What it does

What Hellenic American Academy Foundation does

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.

As stated on its FY2026 Form 990.

Programs

  1. School programs: The Academy was formed in order to provide an independent, bilingual, private school. The Academy also offers weekend and evening school programs.

    $1,422,291 spent$1,484,848 earned by the program
    96% of program spending
  2. Summer programs: The Academy offers a summer camp and a Greek conversation program.

    $37,982 spent$65,600 earned by the program
    3% of program spending
  3. Cultural programs: The Academy was formed in order to promote an understanding of the Hellenic culture, ideas, and tradition.

    $22,960 spent$14,685 earned by the program
    2% of program spending

The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $1,483,233.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($1.3M) Expenses 100 ($1.4M) Net assets -33 ($-513670)2021 Revenue 119 ($1.6M) Expenses 113 ($1.6M) Net assets -31 ($-477995)2022 Revenue 288 ($3.9M) Expenses 132 ($1.8M) Net assets 100 ($1.6M)2023 Revenue 202 ($2.7M) Expenses 148 ($2.1M) Net assets 147 ($2.3M)2024 Revenue 134 ($1.8M) Expenses 142 ($2.0M) Net assets 135 ($2.1M)2025 Revenue 147 ($2.0M) Expenses 142 ($2.0M) Net assets 135 ($2.1M)2026 Revenue 142 ($1.9M) Expenses 152 ($2.1M) Net assets 121 ($1.9M)
2020202120222023202420252026
Revenue (142)Expenses (152)Net assets (121)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $231k to $5.4M (+2217%).

$210k
$231k
$5.4M
$5.6M
$5.3M
$5.2M
$5.0M
2020202120222023202420252026
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
2026
ContributionsProgram revenueInvestmentOther

17% of Hellenic American Academy Foundation’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 7 reported years ran a deficit.

−$49k
’20
$27k
’21
$2.0M
’22
$653k
’23
−$188k
’24
−$6k
’25
−$214k
’26
0.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Demetrios Logothetis

Chairman

As listed on its FY2026 Form 990.

2020202120222023202420252026
Listed5555544
Joined·+0+0+0+0+0+0
No longer listed·000010
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $1k → $3k.

3 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 25% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Hellenic American Academy Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Hellenic American Academy Foundation leans on a few funders — its largest provides 57% of grant income and the top three 85%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

82% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Hellenic American Academy Foundation.

57%
largest funder
85%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 71% · 2020 95% · 2021 78% · 2022 56% · 2023 79% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

86% of Hellenic American Academy Foundation's grant income comes from Illinois funders.

IL
NY
NC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. $27k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Hellenic American Academy Foundation's funding base is broadening — from 1 funders to 2 as grant income climbed.

Operating margin−11% · bottom quartile
Months of reserve0.9mo · bottom quartile
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 88 education nonprofits $1M–$10M, FY2026

Organizations like Hellenic American Academy Foundation

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

70% of spending goes to programs.

Program 70%Management 30%Fundraising 0%

Governance

4
board members
0%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

IL

Screen this organization

A dated, signed PDF of the compliance screen for Hellenic American Academy Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Hellenic American Academy Foundation?
Hellenic American Academy Foundation (Illinois) receives grants from 7 organizations whose IRS filings report $107,137 to it, the largest being Hellenic Foundation ($61,211). 6 of them have funded it in more than one year.
How many funders does Hellenic American Academy Foundation have?
IRS filings report 7 organizations giving $107,137 in grants to Hellenic American Academy Foundation, 6 of which have funded it in more than one year.
Who is the largest funder of Hellenic American Academy Foundation?
Hellenic Foundation is the largest funder on record, with $61,211 in grants. The full list of funders is on this page.
How can an organization like Hellenic American Academy Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Hellenic American Academy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2026 (financials across 2020–2026), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing