American Hellenic Institute
Legal name: American Hellenic Institute Inc
Nonprofit profile at a glance
- EIN
- 521006027
- IRS 990 coverage
- 2011–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Washington, DC, USA
- Phone
- (202)785-8430
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $517,868
- Expenses
- $516,886
- Assets
- $17,375
- Liabilities
- $19,182
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- NICK LARIGAKIS (PRESIDENT & CEO)
Highest reported compensation
- NICK LARIGAKIS (PRESIDENT & CEO): $102,165 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To strengthen relations between the United States and Greece and Cyprus, and within the Greek American community.
What it reported doing in 2024
Providing educational and public awareness programs to the greek-american community
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 92
- Accountability: 90
- Sustainability: 20
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.6%; rating input score 62
- Program expense ratio: 61.7%; rating input score 62
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 0.2%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 0.03; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: 1.1; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 19.8%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 3.4% per year; rating input score 100; 34th percentile among comparable filings
- Revenue growth: 3.2% per year; rating input score 100; 32nd percentile among comparable filings
- Asset growth: 4.6% per year; rating input score 100; 37th percentile among comparable filings
Details
- What they do: 9 programs and campaigns described on the official site · 4 operating locations identified
- Where the money goes: 61.6% of revenue deployed · 61.7% of spending went to programs
- Governance: 12 of 12 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $319K in reported program spending
- Leadership: top reported pay $102K · 16 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 37/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- High — Sustainability: Officer compensation ratio scored 15/100.