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Makarios Scholarship Fund Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$41k (2023)

Expenses
$15.6k (2023)

Total Assets
$626k (2023)

Total Liabilities
$116k (2023)

Years with missing data
Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$40,992
Expenses
$15,555
Net Income
$25,437
Net Assets
$510,136
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $25,190
61.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $15,802
38.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $625,722
Total Liabilities $115,586
Net Assets $510,136
Compensation
Key Employees and Officers Compensation Related Other
Andry Ioannou Dallago (Executive Dir.) $0 $0 $0
Savas C Tsivicos (Board Member) $0 $0 $0
Pantelis Athanasiou (Board Member) $0 $0 $0
Nicos Zittis (President) $0 $0 $0
Michael Hadjiloucas (Board Member) $0 $0 $0
Dr Jason J Psillakis (Board Member) $0 $0 $0
Sharon Landgraf (Board Member) $0 $0 $0
Zenon Christodoulou (Board Member) $0 $0 $0
Elena Anastasiou Rossi (Board Member) $0 $0 $0
Charles Anastasiou (Board Member) $0 $0 $0
Maro Nicolaou Schuster (Board Member) $0 $0 $0
Andreas D Comodromos (Board Member) $0 $0 $0
Pannie Trifillis (Board Member) $0 $0 $0
Andrew C Zachariades (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,883
Expenses
$86,291
Net Income
-$67,408
Net Assets
$484,699
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $18,883
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $600,285
Total Liabilities $115,586
Net Assets $484,699
Compensation
Key Employees and Officers Compensation Related Other
Andry Ioannou Dallago (Executive Dir.) $0 $0 $0
Savas C Tsivicos (Board Member) $0 $0 $0
Pantelis Athanasiou (Board Member) $0 $0 $0
Nicos Zittis (President) $0 $0 $0
Michael Hadjiloucas (Board Member) $0 $0 $0
Dr Jason J Psillakis (Board Member) $0 $0 $0
Sharon Landgraf (Board Member) $0 $0 $0
Zenon Christodoulou (Board Member) $0 $0 $0
Elena Anastasiou Rossi (Board Member) $0 $0 $0
Charles Anastasiou (Board Member) $0 $0 $0
Maro Nicolaou Schuster (Board Member) $0 $0 $0
Andreas D Comodromos (Board Member) $0 $0 $0
Pannie Trifillis (Board Member) $0 $0 $0
Andrew C Zachariades (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$96,729
Expenses
$16,154
Net Income
$80,575
Net Assets
$552,107
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $21,320
22.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $75,409
78.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $683,593
Total Liabilities $131,486
Net Assets $552,107
Compensation
Key Employees and Officers Compensation Related Other
Andry Ioannou Dallago (Executive Dir.) $0 $0 $0
Savas C Tsivicos (Board Member) $0 $0 $0
Pantelis Athanasiou (Board Member) $0 $0 $0
Nicos Zittis (President) $0 $0 $0
Michael Hadjiloucas (Board Member) $0 $0 $0
Dr Jason J Psillakis (Board Member) $0 $0 $0
Sharon Landgraf (Board Member) $0 $0 $0
Zenon Christodoulou (Board Member) $0 $0 $0
Elena Anastasiou Rossi (Board Member) $0 $0 $0
Charles Anastasiou (Board Member) $0 $0 $0
Maro Nicolaou Schuster (Board Member) $0 $0 $0
Andreas D Comodromos (Board Member) $0 $0 $0
Pannie Trifillis (Board Member) $0 $0 $0
Andrew C Zachariades (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$44,347
Expenses
$23,322
Net Income
$21,025
Net Assets
$569,834
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $27,719
62.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $16,628
37.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $686,120
Total Liabilities $116,286
Net Assets $569,834
Compensation
Key Employees and Officers Compensation Related Other
Andry Dallago (Executive Dir.) $0 $0 $0
Savas C Tsivicos (President) $0 $0 $0
Pantelis Athanasiou (Board Member) $0 $0 $0
Nicos Zittis (Vice President) $0 $0 $0
Constantia Pavlou (Board Member) $0 $0 $0
Dr Jason J Psillakis (Board Member) $0 $0 $0
Elena Anastasiou Rossi (Board Member) $0 $0 $0
Charles Anastasiou (Board Member) $0 $0 $0
Maro Nicolaou Schuster (Board Member) $0 $0 $0
Andreas D Comodromos (Board Member) $0 $0 $0
Andrew C Zachariades (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,891
Expenses
$29,148
Net Income
-$12,257
Net Assets
$548,809
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $31,427
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$14,536
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $671,995
Total Liabilities $123,186
Net Assets $548,809
Compensation
Key Employees and Officers Compensation Related Other
Andry Dallago (Executive Dir.) $0 $0 $0
Savas C Tsivicos (President) $0 $0 $0
Pantelis Athanasiou (Board Member) $0 $0 $0
Nicos Zittis (Vice President) $0 $0 $0
Constantia Pavlou (Board Member) $0 $0 $0
Dr Jason J Psillakis (Board Member) $0 $0 $0
Elena Anastasiou Rossi (Board Member) $0 $0 $0
Charles Anastasiou (Board Member) $0 $0 $0
Maro Nicolaou Schuster (Board Member) $0 $0 $0
Andreas D Comodromos (Board Member) $0 $0 $0
Andrew C Zachariades (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$54,517
Expenses
$18,116
Net Income
$36,401
Net Assets
$561,066
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $31,016
56.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $23,501
43.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $676,252
Total Liabilities $115,186
Net Assets $561,066
Compensation
Key Employees and Officers Compensation Related Other
Andry Dallago (Executive Dir.) $0 $0 $0
Savas C Tsivicos (President) $0 $0 $0
Pantelis Athanasiou (Board Member) $0 $0 $0
Nicos Zittis (Vice President) $0 $0 $0
Constantia Pavlou (Board Member) $0 $0 $0
Dr Jason J Psillakis (Board Member) $0 $0 $0
Dennis C Droushiotis (Board Member) $0 $0 $0
Michael Hadjiloucas (Treasurer) $0 $0 $0
Elena Anastasiou Rossi (Board Member) $0 $0 $0
Charles Anastasiou (Board Member) $0 $0 $0
Maro Nicolaou Schuster (Board Member) $0 $0 $0
Andreas D Comodromos (Board Member) $0 $0 $0
Andrew C Zachariades (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$77,367
Expenses
$27,204
Net Income
$50,163
Net Assets
$524,665
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $30,631
39.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $46,736
60.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $639,751
Total Liabilities $115,086
Net Assets $524,665
Compensation
Key Employees and Officers Compensation Related Other
Andry Dallago (Executive Dir.) $0 $0 $0
Savas C Tsivicos (President) $0 $0 $0
Pantelis Athanasiou (Board Member) $0 $0 $0
Nicos Zittis (Vice President) $0 $0 $0
Constantia Pavlou (Board Member) $0 $0 $0
Dr Jason J Psillakis (Board Member) $0 $0 $0
Dennis C Droushiotis (Board Member) $0 $0 $0
Michael Hadjiloucas (Treasurer) $0 $0 $0
Elena Anastasiou Rossi (Board Member) $0 $0 $0
Charles Anastasiou (Board Member) $0 $0 $0
Maro Nicolaou Schuster (Board Member) $0 $0 $0
Andreas D Comodromos (Board Member) $0 $0 $0
Andrew C Zachariades (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,870
Expenses
$72,700
Net Income
-$45,830
Net Assets
$474,502
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $26,870
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $589,488
Total Liabilities $114,986
Net Assets $474,502
Compensation
Key Employees and Officers Compensation Related Other
Andry Dallago (Executive Dir.) $0 $0 $0
Savas C Tsivicos (President) $0 $0 $0
Pantelis Athanasiou (Board Member) $0 $0 $0
Nicos Zittos (Vice President) $0 $0 $0
Constantia Pavlou (Board Member) $0 $0 $0
Dr Jason J Psillakis (Board Member) $0 $0 $0
Dennis C Droushiotis (Board Member) $0 $0 $0
Michael Hadjiloucas (Treasurer) $0 $0 $0
Elena Anastasiou Rossi (Board Member) $0 $0 $0
Charles Anastasiou (Board Member) $0 $0 $0
Maro Nicolaou Schuster (Board Member) $0 $0 $0
Andreas D Comodromos (Board Member) $0 $0 $0
Andrew C Zachariades (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$45,523
Expenses
$20,175
Net Income
$25,348
Net Assets
$520,332
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $27,834
61.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $17,689
38.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $635,218
Total Liabilities $114,886
Net Assets $520,332
Compensation
Key Employees and Officers Compensation Related Other
Andry Dallago (Executive Dir.) $0 $0 $0
Savas C Tsivicos (President) $0 $0 $0
Peter Papanicolaou (Vice President) $0 $0 $0
Nicos Zittos (Vice President) $0 $0 $0
Constantia Pavlou (Treasurer) $0 $0 $0
Dr Jason J Psillakis (Treasurer) $0 $0 $0
Elena Chambous (Secretary) $0 $0 $0
Peter Kakoyuannis (Legal Counsel) $0 $0 $0
Peter J Pappas (Board Member) $0 $0 $0
Thomas C Kyrus (Board Member) $0 $0 $0
Charles Anastasiou (Board Member) $0 $0 $0
Michael Anastasiou (Board Member) $0 $0 $0
Andreas D Comodromos (Board Member) $0 $0 $0
Kyriaki S Christodoulou (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,736
Expenses
$20,110
Net Income
-$5,374
Net Assets
$494,984
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $27,636
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$12,900
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $613,870
Total Liabilities $118,886
Net Assets $494,984

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$90,532
Expenses
$15,110
Net Income
$75,422
Net Assets
$500,358
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $28,987
32.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $61,545
68.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $615,244
Total Liabilities $114,886
Net Assets $500,358

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,930
Expenses
$34,085
Net Income
-$11,155
Net Assets
$424,938
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $22,930
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $539,824
Total Liabilities $114,886
Net Assets $424,938

Document Links

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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