Hellenic American Cultural Center & Museum of Oregon and Sw Washington
Nonprofit profile at a glance
- EIN
- 205466770
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024, Form 990-N 2018
- Location
- Portland, OR, USA
- Phone
- 5038588567
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $201,641
- Expenses
- $168,071
- Assets
- $1,654,475
- Liabilities
- $3,198
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- KATHERINE KARAFOTIAS (1st VICE PRESIDENT OF OPERATIONS)
- NICK FKIARAS (PRESIDENT)
- ALEXANDRA KANTAS-ANDRONIKOS (2nd VICE PRESIDENT OF DEVELOPMENT)
- MARIA CARTER (EXECUTIVE DIRECTOR)
Highest reported compensation
- MARIA CARTER (EXECUTIVE DIRECTOR): $51,668 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Haccm was created to: gather preserve and share the hellenic greek american experience in Oregon and sw Washington. To celebrate the rich cultural tradition brought to this region by hellenes. Honor the activities and accomplishments of hellenic americans.
What it reported doing in 2024
Program Service 1: An Evening of Greek Wines - Auction Fundraiser - An Evening of Greek Wines is a signature fundraising event that promotes Hellenic American culture through a curated wine-tasting experience auction and community gathering. The event advances the organizations exempt purpose under Section 501c3 or 501c4 by celebrating Greek heritage raising funds for cultural and educational programs and engaging the 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
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 17
- Transparency & Controls: 84
- Accountability: 90
- Sustainability: 67
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 15.7%; rating input score 16
- Program expense ratio: 25%; rating input score 25
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- 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: 16.6%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 9.84; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 30.7%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: 75.2% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: 36.5% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 35.3% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 15.7% of revenue deployed · 25% of spending went to programs
- Governance: 12 of 12 board members independent · 6 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $42K in reported program spending
- Leadership: top reported pay $52K · 7 people listed · 3 of 6 pay-setting controls reported
- Consistency: 39 of 40 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 16/100.
- High — Financial Efficiency: Program expense ratio scored 25/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Officer compensation ratio scored 10/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Sustainability: Liabilities to assets ratio scored 54/100.