THE AMERICAN COLLEGE OF GREECE Charity Report

Public IRS 990 nonprofit record

THE AMERICAN COLLEGE OF GREECE

EIN 04-2306054 · International, Foreign Affairs & National Security (Q300)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $74.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

78.45%of revenue went to mission work74.5% of expenses · Program services

0.44%of revenue went to fundraising0.4% of expenses

$105.24spent for every $100 of revenueSpending was higher than revenue this year.

26.35%of revenue went to management and office costs25.0% of expenses

$1.23in assets for every $1 spent this yearSome assets cannot be spent right away.

1.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $4,694,388 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $383,131 for DR DAVID G HORNER (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$89,608,922

Mission workProgram services$70,299,20578.45% of revenue74.5% of expenses

ManagementOffice and general costs$23,613,90526.35% of revenue25.0% of expenses

FundraisingAsking for donations$390,2000.44% of revenue0.4% of expenses

Total expenses$94,303,310105.24% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 74.5% mission · 25.0% management · 0.4% fundraisingTotal expenses: 105.24% of revenue

2023Expense mix: 75.0% mission · 24.6% management · 0.4% fundraisingTotal expenses: 102.37% of revenue

2022Expense mix: 75.4% mission · 24.3% management · 0.3% fundraisingTotal expenses: 106.22% of revenue

2021Expense mix: 74.9% mission · 24.7% management · 0.4% fundraisingTotal expenses: 108.09% of revenue

2020Expense mix: 68.9% mission · 30.6% management · 0.5% fundraisingTotal expenses: 102.46% of revenue

2019Expense mix: 66.7% mission · 32.7% management · 0.5% fundraisingTotal expenses: 101.97% of revenue

2018Expense mix: 66.2% mission · 33.4% management · 0.4% fundraisingTotal expenses: 100.84% of revenue

2017Expense mix: 64.8% mission · 34.8% management · 0.4% fundraisingTotal expenses: 106.80% of revenue

Money in and money out

Revenue$89,608,922

Expenses$94,303,310

Annual shortfall $4,694,388 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$70,299,205 · 74.5% of expenses

Management and office costs$23,613,905 · 25.0% of expenses

Fundraising$390,200 · 0.4% of expenses

See all reported dollar amounts

Revenue$89,608,922

Expenses$94,303,310

Assets$116,224,555

Income$129,747,866

Contributions$1,559,254

Mission work (program services)$70,299,205

Fundraising$390,200

Management and general$23,613,905

Stocks and bonds$492,428

Accounting fees$43,233

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DR DAVID G HORNERPRESIDENT · 35 hrs/week $383,131Base $266,059 · Other $117,072

ILIANA LAZANASENIOR VP OF ADMIN & PIERCE · 40 hrs/week $204,253Base $134,434 · Other $69,819

PANAGIOTIS VLACHOPOULOSVICE PRESIDENT ACADEMIC AFFAIRS · 40 hrs/week $196,653Base $158,096 · Other $38,557

KONSTANTINOS AXARLOGLOUPROFESSOR OF INTL. BUSN. & STRATEGY · 40 hrs/week $181,908Base $135,833 · Other $46,075

STEFANOS ZARKOSASSC DEAN ACAD PROG & ASSC PROF FIN · 40 hrs/week $177,843Base $136,569 · Other $41,274

NIKOLAOS MYLONOPOULOSPROF DIG BUS, DIR SEV CTR EXCELLENCE · 40 hrs/week $173,068Base $133,789 · Other $39,279

KELLY A MORRACFO, SVP FINANCE & U.S. OPERATIONS · 28 hrs/week $60,566Base · Other $60,566

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

DR DAVID G HORNERPRESIDENT

ILIANA LAZANASENIOR VP OF ADMIN & PIERCE

PANAGIOTIS VLACHOPOULOSVICE PRESIDENT ACADEMIC AFFAIRS

KONSTANTINOS AXARLOGLOUPROFESSOR OF INTL. BUSN. & STRATEGY

STEFANOS ZARKOSASSC DEAN ACAD PROG & ASSC PROF FIN

NIKOLAOS MYLONOPOULOSPROF DIG BUS, DIR SEV CTR EXCELLENCE

KELLY A MORRACFO, SVP FINANCE & U.S. OPERATIONS

HARIKLIA KARISTRUSTEE

PARIS KARASSOTRUSTEE

NIKOS KOUMETTISVICE CHAIR

MILTON SIPPTRUSTEE (AS OF 11/2024)

MICHAEL BAPISTRUSTEE

LENA TRIANTOGIANNISTRUSTEE

JOHN CHACHASVICE CHAIR

ALEX ALDOUSSECRETARY

GREG CHASETRUSTEE

GEORGE CASEYTRUSTEE

DR SUSAN FUHRMANTRUSTEE

DR MARTHA J KANTERTRUSTEE (THRU 11/2024)

DR HELENA MITCHELLTRUSTEE

DR DENA HARITOS TSAMITISTRUSTEE

DR DANIEL SMITHCHAIR

DEBORAH WINCE-SMITHVICE CHAIR

ANTONY CONTOMICHALOSTRUSTEE

ANGELO MANIOUDAKISVICE CHAIR

ALMA DE METROPOLISTRUSTEE

About this charity

Recognized since: January 1964
Location: 101 ARCH STREET, BOSTON, MA 02110-1130
County: Suffolk
In care of: % KELLY MORRA
Primary officer: KELLY A MORRA, CFO, SVP FINANCE & U.S. OPS.

How to reach them

WebsiteVisit the charity’s website Phone(857) 284-7908

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: International, Foreign Affairs & National Security (Q300)