2024-05-09T10:20:52-04:00 2023-06-30 990 2022-07-01 135600382 THE TRUSTEES OF ANATOLIA COLLEGE % Albert H Elfner III TRUS 6177427992 18 TREMONT ST STE 704 BOSTON MA 021082301 Robert L DeNormandie Treasurer 2024-05-09 2022 2023-04-26 12:10:37Z Albert H Elfner III 18 TREMONT ST STE 704 BOSTON MA 021082301 53090216 false X www.anatolia.edu.gr X 1946 MA Anatolia College provices rigorous high-quality curricular and extra-curricular programs in a culturally diverse educational environment to prepare students for success in their next levels of educational personal professonal and social attainment. 40 39 7 40 2153 0 1402762 1471741 29236196 28094254 5563021 3114459 307582 1201206 36509561 33881660 2830887 2653472 0 0 15989723 15945749 0 0 471300 11570334 11536946 30390944 30136167 6118617 3745493 94620426 107664288 14179316 20680107 80441110 86984181 Anatolia College provices rigorous high-quality curricular and extra-curricular programs in a culturally diverse educational environment to prepare students for success in their next levels of educational personal professonal and social attainment. false false 15148494 2653472 20573921 Education - See Schedule O 7188181 0 7225437 Student Programs Services and Activities - See Schedule O 558028 0 43990 Libraries - See Schedule O 564511 0 250906 23459214 true true false false false false false false false true true false false true true true false true true true true true true false false false false false false true false false false false true false true false true false false false false true true true false false true 7 0 true 7 true true true true GR UK false false false false false 0 false false false false false false false X 40 39 true false false false false false false true true false false false true true true true true true true false FL MA NY X X X Valerie Phillos 18 Tremont St Suite 704 Boston MA 02108-2301 6177427992 18 TREMONT ST STE 704 BOSTON MA 021082301 X Panos Vlachos President 50.00 0.00 X 254894 0 75858 Yannis Tsormpatzoglou VP Cross Divisional Prgs COO Planning 50.00 0.00 X 100433 0 24512 Pavlos Floros VP Finance HR CFO 50.00 0.00 X 103353 2844 19109 Peter Chresanthakes VP Institutional Advancement 50.00 0.00 X 105721 0 9689 Theodoros Filaretos VP Primary Secondary Education 50.00 0.00 X 105943 0 4995 Stamos Karamouzis Provost VP Academic Affairs 50.00 0.00 X 79916 0 19181 Valerie Phillos Controller US 50.00 0.00 X 94157 0 21261 Peter Allen Trustee 2.00 0.00 X 0 0 0 Lambros Anagnostopoulos Trustee 2.00 0.00 X 0 0 0 Dimos Arhodidis Trustee 2.00 0.00 X 0 0 0 Yannis Assael Trustee 2.00 0.00 X 0 0 0 Maria Behrakis Trustee 2.00 0.00 X 0 0 0 Panagiotis Bernitsas Trustee 2.00 0.00 X 0 0 0 George Bissell Trustee 3.00 0.00 X 0 0 0 Kenyon Bissell Grogan Trustee 3.00 0.00 X 0 0 0 Caroline Bissell Trustee 2.00 0.00 X 0 0 0 John Clymer Trustee 3.00 0.00 X 0 0 0 Constantine Constantinidis Trustee 3.00 0.00 X 0 0 0 Madeline Demoulas Trustee 2.00 0.00 X 0 0 0 Robert DeNormandie Trustee Treasurer 6.00 0.00 X X 0 0 0 Anastasia Economos Trustee 2.00 0.00 X 0 0 0 Albert Elfner III Trustee Chairman 7.00 0.00 X X 0 0 0 Nicholas Elfner Trustee 3.00 0.00 X 0 0 0 Leonidas Evangelidis Trustee 2.00 0.00 X 0 0 0 Jack Florentin Trustee 3.00 0.00 X 0 0 0 Gregory Gallopoulos Trustee 2.00 0.00 X 0 0 0 Stathis Georgiadis Trustee 3.00 0.00 X 0 0 0 Anna Greka Trustee 2.00 0.00 X 0 0 0 Serge Hadji Mihaloglou Trustee 2.00 0.00 X 0 0 0 Gikas Hardouvelis Trustee 2.00 0.00 X 0 0 0 John Hemenway Trustee Assistant Treasurer 4.00 0.00 X X 0 0 0 Vaslilis Kafatos Trustee 3.00 0.00 X 0 0 0 Steven Levy Trustee 2.00 0.00 X 0 0 0 Helen Lindsay Trustee 2.00 0.00 X 0 0 0 Evelyn Moreno Trustee 2.00 0.00 X 0 0 0 Nestor Nicholas Trustee Vice Chair Clerk 4.00 0.00 X X 0 0 0 Austin Olney Trustee 2.00 0.00 X 0 0 0 Markos Papageorgiou Trustee 3.00 0.00 X 0 0 0 Angelos Papaioannou Trustee 2.00 0.00 X 0 0 0 Charis Plakantonaki Trustee 3.00 0.00 X 0 0 0 Loukia Saranti Trustee 2.00 0.00 X 0 0 0 Irina Taka Trustee 3.00 0.00 X 0 0 0 Marguerite Trethewey Trustee 2.00 0.00 X 0 0 0 Glykeria Tsernou Trustee 2.00 0.00 X 0 0 0 Argyris Vassiliou Trustee 2.00 0.00 X 0 0 0 David Weil Jr Trustee 4.00 0.00 X 0 0 0 844417 2844 174605 7 true true false AVAX AE AMAROUSIOU HALANDRIOU 16 ATHENS ATTICA GR 15125 CONSTRUCTION 4137744 ETETH MONOPROSOPI AE 60 KLM THESSALONIKIS THERMIS THESSALONIKI MACEDONIA GR 57001 CONSTRUCTION 3912690 JORDAN S TOURISTIKES DIMOKRATIAS SQUARE 12 THESSALONIKI MACEDONIS GR 55534 STUDENT TRANSPORTATION 1618153 TOXEAE - METROPOLITAN HOTEL TSIMISKI 11 THESSALONIKI MACEDONIA GR 54624 STUDENT HOUSING 1008465 ANKOR KONIORDOS MONOPROSOPI IKE IONOS DRAGOUMI 20 THESSALONIKI MACEDONIA GR 54624 CONSTRUCTION 821164 29 0 0 0 0 63232 1408509 73744 1471741 Student Tuition & Fees 611110 20573921 20573921 0 0 Auxiliary Services 611110 7225437 7225437 0 0 Libraries 611110 43990 43990 0 0 Student Services 611110 250906 250906 0 0 0 0 0 0 0 0 0 0 28094254 1059546 0 2153 1057393 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21263469 0 19208556 0 2054913 0 2054913 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Other Sources 611110 1201206 1201206 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1201206 33881660 29295460 2153 1057393 0 0 0 0 2653472 2653472 0 0 804309 0 694867 109442 0 0 0 0 11255224 9468187 1607550 179487 2625294 2130864 463644 30787 1237969 890726 319634 27609 22953 0 7531 15422 0 0 0 0 86955 0 86955 0 198534 0 198534 0 0 0 0 0 0 0 202308 0 202308 0 96251 44442 51809 0 7402 5902 0 1500 804401 565969 218280 20152 62834 26645 35834 355 0 0 0 0 1932134 1849315 81411 1407 700312 582378 65938 51995 0 0 0 0 826242 372862 450663 2717 422328 0 422328 0 0 0 0 0 995550 918885 76664 0 229542 69408 160134 0 Maintenance & Property Tax 1207372 1114694 92678 0 Transportation 1485806 1482966 2840 0 Food - Boarders 215377 215377 0 0 General Administrative - Provision for Doubtful Debt 38615 13890 4967 19758 2024983 1053232 961084 10669 30136167 23459214 6205653 471300 0 0 0 0 7364606 7729916 1350588 1708060 6180024 4000220 914948 855704 0 0 0 0 0 0 90220 64750 2069013 1547937 60327704 19492757 30026848 40834947 41355730 44766709 0 0 0 0 0 0 5268449 6156045 94620426 107664288 8031162 8368800 0 0 3839439 6331922 0 0 0 0 0 0 0 0 0 0 2308715 5979385 14179316 20680107 X 26204208 32072250 54236902 54911931 80441110 86984181 94620426 107664288 X 3745493 1265247 0 0 0 1532331 X false true true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 39963754 548351 4437674 1685459 0 0 43264320 49909920 210419 -3927414 1429172 0 -4800000 39963754 39507364 551293 11416187 1564925 0 0 49909919 37663254 2071334 1308767 1535991 0 0 39507364 37125358 36841 1905497 1404442 0 0 37663254 0.0179 0.9821 0 true false 2335680 2335680 37400030 8995907 28404123 13220982 10496850 2724132 7371012 7371012 40834947 Funds Held in Trust by Others 5566919 Right of Use Assets 589126 6156045 Bank Loan Payable to Greek banks 5345217 Lease Liability 634168 5979385 X Part V, line 4 The College's Endowment Funds were established for a variety of purposes including scholarships and grants facilities educational programs and operations. Part X, line 2 The College is a tax-exempt organization as described in Section 501c3 of the Internal Revenue Code the code of the United States of America and is generally exempt from income taxes pursuant to Section 501a of the Code. The College assessed its uncertain tax positions and determined that there were no such positions that have a material effect on the financial statements. true true true false true true true false false false false false false false false true true Part I | PartandLinenumber:,Explanation:| Part1Line4,The School is location near the city of Thessaloniki in northern Greece. All candidates for admission are judged solely on the basis of admission scores. The School does not ask about the race of any candidate for admission or employment.| Part1Line6,Line 6a The College did not receive any financial assistance from a governmental agency within the reported year. However in previous year the College had received grants from the U.S. Agency for International Development and American Schools and Hospitals Abroad program for construction of campus facilities and conservation programs.| Part II | PartandLinenumber:,Explanation:| Part I Line 3,A statement of racial non-discrimination is clearly posted on the official website of the school.| Part I Line 4,Line 4d The School is located near the city of Thessaloniki in northern Greece. All candidates for admission are judged solely on the basis of admission scores. The School does not ask about the race of any candidate for admission or employment.| Part I Line 6,Line 6a The College did not receive any financial assistance from a governmental agency within the reported year. However in previous year the College had received grants from the U.S. Agency for International Development and American Schools and Hospitals Abroad program for construction of campus facilities and conservation programs.| true Europe Including Iceland and Greenland 1 508 Program services Instructional Services 12495022 Europe Including Iceland and Greenland 0 0 Grants to recipients Scholarships 2653472 Europe Including Iceland and Greenland 0 0 Program services Ancillary Activities 7188181 Europe Including Iceland and Greenland 0 0 Program services Libraries 558028 Europe Including Iceland and Greenland 0 0 Program services Student Services 564512 Europe Including Iceland and Greenland 0 0 Fundraising activities Fundraising 286354 Europe Including Iceland and Greenland 0 0 Office expenses Management & General Expense 5281428 1 508 1 508 29026997 29026997 Scholarships Europe Including Iceland and Greenland 561 2653472 Other Charges false false false false false false Part I Line 2 Scholarships are awarded based on assessment of both the student's academic credentials as well as the family's financial situation. The Scholarship Committee evaluates the applications and the Scholarship Director maintains the records. Part I Line 3 Column f and Part III Line 1: Accrual accounting method X X true true X X X false false false false false false false false false Panos Vlachos President 236922 0 0 0 17973 0 67828 0 20857 0 343580 0 25769 0 Part I Line 1a | Name :, Title:, Item Selected:, Description:| Vlachos Panagiotis, Anatolia provides the following to its President: 1. Residence on campus for personal use 2. Tuition reimbursement 3. Use of school-owned automobile 4. Insurance 5. Tax Services 6. Credit card allowance| Part I Line 3 The compensation package of the President was determined by the Board and recorded in his initial employment agreement. Subsequent adjustments are determined by the Chair, the Treasurer, and several other Executive Committee members. In determining annual compensation, the Chairman of the Board takes into consideration the cost of living in Greece, comparative salaries, as well as benefits offered in similar positions at other U.S. colleges in the Hellenic region, and the exchange rate of the U.S. dollar to euro. Officers-Trustees of Anatolia Collg Employees 35305 Tuition Assistance In accordance with Anatolia's policy, Anna Billis Daughter-Trustee Angelos Billis 50066 Salary false Maria Chatzikefala Spouse-Office Panagiotis Vlachos 24662 Salary false Efthimia Fragopoulou Spouse-Officer Pavlos Floros 30436 Salary false X 281 Fair Market Value X 729 Fair Market Value X 5 73744 Fair Market Value X 10 9695 Fair Market Value X Goods 8 16177 Fair Market Value 0 false true true FormAndLineReferenceDesc: Part I, line 32b Fidelity Investments Boston MA Anatolia's custodian trust company is used to sell securities received as donations such as those reported in Part I Line 9. Part VI, Line 2 George Bissell and Kenyon Bissell Grogan have a father daughter relationship. George Bissell and Caroline Bissell have a father in law daughter in law relationship. Kenyon Bissell Grogan and Caroline Bissell are sister in laws. Albert Elfner and Nicholas Elfner have a father son relationship. Part VI, Line 11a The required data is prepared submitted and assembled. The Treasurer of Anatolia College and the Audit Committee perform an internal review of the complete draft Form 990. After the Audit Committee recommendation a draft of the Form 990 excluding Schedule B Schedule of Contributors is posted to Anatolia's secure trustee web portal for review and comment by Executive Committee members and all trustees. Final comments edits are made prior to filing. Part VI, Line 11b The draft copy of Form 990 is posted to Anatolia's secure trustee web portal for review and comment by Executive Committee members and all trustees. Part VI, Line 12c On an annual basis the conflict of interest policy is circulated to trustees officers directors and key employees. All those receiving the conflict of interest policy are requested to review sign and return the policy indicating whether a conflict of interest exists as defined by Anatolia's policy. If a conflict exists it must be described on the return response document. Responses are logged upon receipt. A second request is sent to those who do not respond in a timely manner. Those not responding to the second request are contacted by the Audit Committee Chair. Any reported conflicts are reviewed by the Executive Committee and actions if necessary are determined. Results of the circularization are reported to the Audit Committee annually by the Audit Committee Chair. Part VI, Line 15 Line 15 a - The compensation package of the President was determined by the Board and recorded in his initial employment agreement. Subsequent adjustments are determined by the Chair the Treasurer and several other Executive Committee members. In determining annual compensation the Chairman of the Board takes into consideration the cost of living in Greece comparative salaries as well as benefits offered in similar positions at other U.S. colleges in the Hellenic region and the exchange rate of the U.S. dollar to euro. Line 15 b - The President decides with other officers and trustees annual salary adjustments for other officers key employees and others which are subsequently incorporated into the annual budget and submitted to the Board for approval at its spring meeting. In determining these salaries factors such as comparative salaries of corresponding positions in private educational institutions of the region the corporate position and image cost of living and competitive salaries in the market play a significant role. Part VI, Line 18 Anatolia's Form 990 is available on Guidestar.org. In addition if a request comes into the Thessaloniki campus or Boston office a copy not including confidential donor information is made available. Part VI, Line 19 Part VI Line 19 Anatolia did not make its governing documents conflict of interest policy and financial statements available to the public during the tax year. Part III, Line 4d | Description:, Expense Amount:, Grants Amount:, Revenue Amount:| Part III Line 4d PROGRAM SERVICE ACCOMPLISHMENT #4 OTHER PROGRAMS SERVICES This line refers to school student activities clubs and student advising expenses., $564511, $0, $250906| Part XI, Line 9 | Description:, Explanation:, Amount:| Unrealized Gain, Funds Held in Trust by Others, $298470| Foreign Currency, Translation Adjustment, $1233861| Part I Line 1 | Explanation:| Part I Line 1 Anatolia provides high-quality curricular and extra-curricular programs in a culturally diverse educational environment to prepare students for success in the next levels of educational personal professional and social attainment by: 1. Challenging students to bring their highest level of preparation focus and effort to the educational process at all levels: 2. Fostering personal enlightenment and a lifetime of professional achievement for its graduates; 3. Combining innovative teaching and learning techniques; 4. Cultivating American educational values and English language instruction within the context of the Greek educational system; 5. Promoting social and environmental responsibility; and 6. Encouraging cooperation and understanding between the people of Greece and the United States. Part III Line 1 | Explanation:| Anatolia provides high-quality curricular and extra-curricular programs in a culturally diverse educational environment to prepare students for success in the next levels of educational persona professional and social attainment by: 1. Challenging students to bring their highest level of preparation focus and effort to the educational process at all levels: 2. Fostering personal enlightenment and a lifetime of professional achievement for its graduates; 3. Combining innovative teaching and learning techniques; 4. Cultivating American educational values and English language instruction within the context of the Greek educational system; 5. Promoting social and environmental responsibility; and 6. Encouraging cooperation and understanding between the people of Greece and the United States. Part III Line 4 | Explanation:| Line 4a PROGRAM SERVICE ACCOMPLISHMENT #1 EDUCATION Teaching English holds a high priority in all of Anatolia's programs. Its high school is the only school in northern Greece where Greek students study English intensively as a second language. They achieve proficiency quickly and in the later years study American and English literature. In the American College of Thessaloniki and the International Baccalaureate program English is the language of instruction and graduates attain full mastery of the language. Anatolia also organized English classes for bilingual children a unique service in Thessaloniki. The secondary school has been recognized as one of the top secondary schools in Greece. Its record of successful placement of graduates in Greek and U.S. universities is virtually unmatched. Several Anatolia graduates pursue higher studies at some of the top colleges universities in the U.S. Approximately 100 tenth and eleventh graders visit the U.S. to attend summer programs and experience the U.S. culture first-hand. Anatolia's approximately 11,000 alumni constitute a major element in the business and professional leadership of northern Greece. Anatolia has provided hundreds of scholarships to worthy youth of modest means from all areas of Greece. Additionally a number of scholarships have been assigned to the two-year international baccalaureate program to attract among others qualified students from neighboring countries. The American College of Thessaloniki ACT founded in 1981 was awarded full accreditation as a four-year baccalaureate-level institution by the New England Association of Schools and Colleges Commission on Institutions of Higher Education in 1993. ACT offers six degree programs each designed to prepare graduates for immediate entry into the local workforce upon graduation or to continue study towards post-graduate degrees. Each year approximately 30-50% of graduates continue on for a post-graduate degree at universities abroad many of these in the United States. International students make up approximately 40% of ACTs undergraduate enrollment. ACT provides a unique opportunity for the students to obtain an affordable American-style education. The College also has agreements with several U.S. institutions and hosts more than 200 study abroad students annually. Since 2002 a one-year intensive MBA program has been introduced with concentrations in entrepreneurship management marketing banking and finance. With total average enrollment of 20 online instruction using the Blackboard platform is also offered using the state-of-the-art resources of the College. In addition a fully integrated solution in hospitality and tourism studies is offered through a one-year MSc program in Tourism and Management. A 15-month program to obtain an MSc in Organizational and Industrial Psychology is also offered. Anatolia also offers kindergarten through 6th grade education at the primary school level. Purchased in 2004 with an enrollment of 240 students the Elementary School presently has an enrollment of 565. As in the secondary school elementary school students are Greek. The main language of instruction is Greek but all students study English intensively as a second language. The major goal for Anatolia Elementary School was to become one of the top schools in Northern Greece both in academic quality as well as student experience. It is widely accepted that the School is considered by most as the top elementary school in northern Greece. In March 2019 Pinewood International School was integrated under the Anatolia institutional umbrella. Pinewood is an independent not-for-profit day and boarding pre-kindergarten 12th grade school offering an internationally enriched American college prepatory curriculum and International Baccalaureate Diploma Program to students from the international and local communities. Through the integration of Pinewood into its community Anatolia will expand its role as an internationally oriented institution. The partnership will help fulfill its vision to serve as a destination for a student body of increased socio-economic diversity and its mission to create a collaborative educational environment in which students are able to reach their full potential. Part III Line 4 | Explanation:| Line 4b PROGRAM SERVICE ACCOMPLISHMENT #2 STUDENT PROGRAMS SERVICES and ACTIVITIES Anatolia has employed many tried and tested American techniques for the first time in Greece. It introduced science laboratories into Greek secondary education and today goes far beyond other schools in requiring practical training in its well-equipped labs. Anatolia was the first school to introduce guidance counseling and Anatolia's counselors have worked with the Greek Ministry of Education to reproduce this service in the public schools. The extra-curricular program wholly novel in Greek education offers an array of activities including student newspapers and literary magazines theater aerobics art chorale orchestra photography electronics and softball. Anatolia started a countrywide English language forensics league several years ago and hosts annual tournaments for schools from Greece and abroad. Anatolia debaters frequently prevail in national tournament competitions against native speakers of English. Anatolia delegations travel annually to Boston to participate in the student Model United Nations Conference organized by Harvard University. Anatolia created and hosted its first mock scientific symposium ACSTAC Anatolia College Science & Technology Annual Conference for high school students. In 2013 Anatolia College Johns Hopkins University in the U.S. and the Stavros Niarchos Foundation came together to establish a center that is unique to Greece and southeastern Europe in general the Center for Talented Youth CTY. CTY's roots extend back to its founding in the 1970s and the pioneering work of Johns Hopkins psychologist Julian Stanley with gifted middle school prodigies. His work put the spotlight on exceptionally bright young people and their capacity and enthusiasm for academic challenges matched to their advanced abilities. CTY Greece at Anatolia College is the culmination of the strategic partnership of three organizations with a long tradition in education and social contribution. CTY Greece at Anatolia College has much to offer students with high academic skills; talent identification through above grade level testing as well as summer online and weekend courses to match and excel their exceptional academic abilities. Part III Line 4 | Explanation:| Line 4c PROGRAM SERVICE ACCOMPLISHMENT #3 LIBRARIES Anatolias U.S. style open-shelf libraries are among the few in Greece where students are free to browse and borrow books and periodicals in contrast to most other Greek libraries which function more like book museums. Students receive instruction in library use by American librarians. The library employs a U.S. classification system and closely supports the English language and literature curriculum. The library houses Anatolias internet connection and accesses in library use. Anatolia was the first school in northern Greece to introduce computer science and today goes far beyond other institutions in this area. Students are trained on contemporary equipment in seven computer laboratories. All administrative offices are connected to a computer network have access to the internet and use sophisticated and contemporary software applications. Part III Line 4 | Explanation:| Line 4d PROGRAM SERVICE ACCOMPLISHMENT #4 OTHER PROGRAMS SERVICES This line refers to school student activities clubs and student advising expenses. Part I Line 5 | Explanation:| Anatolia has 508 total employees on campus and in Boston. However only 7 are required to be reported on Form W-3. The other 501 receive compensation in Greece. Anatolia Educational Group PO Box 21021 Pylea Thessaloniki Macedonia GR 55510 000000000 Elementary School Education GR N/A Trustees of Anatolia Collge true KEME Anatolia PO Box 21021 Pylea Thessaloniki Macedonia GR 55510 000000000 Tertiary Level Education GR N/A Trustees of Anatolia College true Pinewood The American International School Moudanion Road Thessaloniki Macedonia GR 55510 980012955 Pre-K to 12 Education GR 501(C)(3) Charity Status 2 Trustees of Anatolia College true true false false false false false false false false false false false false false false false false false false Pinewood Th American International School A 260445 Fair market value - Rent