Melissani Foundation

Nonprofit profile at a glance

EIN
334724138
IRS 990-EZ coverage
2025–2025
Forms available
Form 990-EZ 2025
Location
Scottsdale, AZ, USA
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Reported finances

Revenue
$100,700
Expenses
$88,662
Assets
$12,038

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • Vasileios Kokkinos (Director)
  • Darren Gagnon (Director)
  • Michalis Michailidis (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Melissani Foundation Inc. is a nonprofit educational organization formed to expand access to international education for residents of the United States with a particular focus on students from low-income backgrounds and those who lack access to educational enrichment opportunities. The Organization intends to provide structured curriculum based international educational programs that combine academic instruction experiential learning and intercultural immersion in partnership with accredited educational institutions and qualified faculty.

What it reported doing in 2025

Last summer the Organization successfully operated its first international education program in Greece entitled NAU in Greece: Soulcraft & Statecraft. The program was attended by 25 students from Northern Arizona University along with two university professors and two program staff members. The program was conducted in Athens and Nafplio Greece. Upon completion of the program in accordance with an approved syllabus participating students received three academic credits from Northern Arizona University. The Organization provided academic facilitation in Ancient Greek philosophy arranged accommodations secured teaching spaces coordinated experiential museum workshops led by experts accredited by the Greek Ministry of Culture and provided continuous bilingual program support. This program exemplifies the Organizations charitable educational mission and operational model.

Operating model

Revenue model
Earned-program. 97% of the money available for current operations came from fees and other program revenue.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 82
  • Sustainability: 39
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81%; rating input score 81
  • Program expense ratio: 92%; rating input score 92

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 12%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 0.14; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 81% of revenue deployed · 92% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $82K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • 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.

  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • Review — Sustainability: Operating margin scored 59/100.