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Academy Of Hellenic Paideia 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.

Category: Arts, Culture and Humanities / Cultural, Ethnic Awareness (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$913k (2023)

Expenses
$993k (2023)

Total Assets
$540k (2023)

Total Liabilities
$150k (2023)

Source: Form 990 tax filings from 2014 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 Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$912,734
Expenses
$992,550
Net Income
-$79,816
Net Assets
$389,788
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $912,306
100.0%
Investment Income $428
0.0%
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 $175,600
17.7%
Professional Fundraising Fees $0
Other Salaries and Wages $448,459
45.2%
Assets/Debt
Total Assets $539,605
Total Liabilities $149,817
Net Assets $389,788
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Kelly Demetra Varsami (President) $160,000 $0 $0
Antoneta Varsami (Vice President) $15,600 $0 $0
Konstantinos Doikos (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$808,380
Expenses
$815,392
Net Income
-$7,012
Net Assets
$469,604
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $804,356
99.5%
Investment Income $4,024
0.5%
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 $161,849
19.8%
Professional Fundraising Fees $0
Other Salaries and Wages $287,329
35.2%
Assets/Debt
Total Assets $629,436
Total Liabilities $159,832
Net Assets $469,604
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Kelly Demetra Varsami (President) $150,599 $0 $0
Antoneta Varsami (Vice President) $11,250 $0 $0
Konstantinos Doikos (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,088,480
Expenses
$916,219
Net Income
$172,261
Net Assets
$476,616
Notable Sources of Revenue Percent of Total Revenue
Contributions $61,175
5.6%
Program Services $1,025,953
94.3%
Investment Income $1,352
0.1%
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 $159,927
17.5%
Professional Fundraising Fees $0
Other Salaries and Wages $429,519
46.9%
Assets/Debt
Total Assets $631,300
Total Liabilities $154,684
Net Assets $476,616
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Kelly Demetra Varsami (President) $151,527 $0 $0
Antoneta Varsami (Vice President) $8,400 $0 $0
Konstantinos Doikos (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$704,197
Expenses
$523,853
Net Income
$180,344
Net Assets
$304,355
Notable Sources of Revenue Percent of Total Revenue
Contributions $31,365
4.5%
Program Services $672,531
95.5%
Investment Income $301
0.0%
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 $112,528
21.5%
Professional Fundraising Fees $0
Other Salaries and Wages $211,667
40.4%
Assets/Debt
Total Assets $453,855
Total Liabilities $149,500
Net Assets $304,355
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Kelly Demetra Varsami (President) $109,028 $0 $0
Antoneta Varsami (Vice President) $3,500 $0 $0
Konstantinos Doikos (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$369,093
Expenses
$419,295
Net Income
-$50,202
Net Assets
$124,011
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $369,093
100%
Investment Income $0
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 $76,098
18.1%
Professional Fundraising Fees $0
Other Salaries and Wages $156,283
37.3%
Assets/Debt
Total Assets $127,980
Total Liabilities $3,969
Net Assets $124,011
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Kelly Demetra Varsami (President) $73,698 $0 $0
Antoneta Varsami (Vice President) $2,400 $0 $0
Konstantinos Doikos (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$449,024
Expenses
$436,132
Net Income
$12,892
Net Assets
$174,213
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $449,024
100%
Investment Income $0
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 $73,254
16.8%
Professional Fundraising Fees $0
Other Salaries and Wages $167,257
38.4%
Assets/Debt
Total Assets $177,074
Total Liabilities $2,861
Net Assets $174,213
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Kelly D Varsami (President) $59,444 $0 $0
Antoneta Varsami (Vice President) $13,810 $0 $0
Konstantinos Doikos (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$389,961
Expenses
$308,181
Net Income
$81,780
Net Assets
$161,321
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $389,961
100%
Investment Income $0
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 $63,668
20.7%
Professional Fundraising Fees $0
Other Salaries and Wages $100,294
32.5%
Assets/Debt
Total Assets $163,989
Total Liabilities $2,668
Net Assets $161,321
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Kelly D Varsami (President) $43,333 $0 $0
Antoneta Varsami (Vice President) $13,810 $0 $0
Konstantinos Doikos (Treasurer) $6,525 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$325,185
Expenses
$235,211
Net Income
$89,974
Net Assets
$79,541
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,829
1.5%
Program Services $320,356
98.5%
Investment Income $0
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 $23,040
9.8%
Professional Fundraising Fees $0
Other Salaries and Wages $83,650
35.6%
Assets/Debt
Total Assets $124,948
Total Liabilities $45,407
Net Assets $79,541
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Kelly D Varsami (President) $14,800 $0 $0
Antoneta Varsami (Vice President) $8,240 $0 $0
Konstantinos Doikos (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$68,485
Expenses
$78,918
Net Income
-$10,433
Net Assets
-$10,433
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $68,485
100%
Investment Income $0
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 $13,100
16.6%
Professional Fundraising Fees $0
Other Salaries and Wages $24,790
31.4%
Assets/Debt
Total Assets $55,698
Total Liabilities $66,131
Net Assets -$10,433
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Kelly Demetra Varsami (President) $10,500 $0 $0
Antoneta Varsami (Vice President) $2,200 $0 $0
Theodora Fiotodimitrakis (Treasurer) $400 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$0
Expenses
$0
Net Income
$0
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
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 $0
Total Liabilities $0
Net Assets $0
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Kelly Demetra Varsami (President) $0 $0 $0
Antoneta Varsami (Vice President) $0 $0 $0
Theodora Fiotodimitrakis (Treasurer) $0 $0 $0

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.

Which Organizations Are Here?

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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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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