Nonprofit · EIN 47-2605426
ACADEMY OF HELLENIC PAIDEIA INC
Tax-exempt · ASTORIA, NY 11102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $982,587 | $950,786 | $31,801 | $599,157 | $147,145 | $452,012 |
| December 31, 2024 | 990 | $923,747 | $895,351 | $28,396 | $562,246 | $144,062 | $418,184 |
| December 31, 2023 | 990 | $912,734 | $992,550 | -$79,816 | $539,605 | $149,817 | $389,788 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $976,816
- Investment income
- $5,771
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $188,547
- Other salaries and wages
- $363,161
- Salaries, compensation and benefits (total)
- $596,903
- Professional fundraising fees
- $0
- Legal fees
- $1,440
- Accounting fees
- $6,000
- Occupancy
- $145,985
- Travel
- $2,286
- Depreciation
- $2,810
- Program services (functional)
- $890,690
- Management and general (functional)
- $60,096
Balance sheet and other
- Total assets, start of year
- $562,246
- Total assets, end of year
- $599,157
- Total liabilities, end of year
- $147,145
- Net assets, end of year
- $452,012
- Land, buildings and equipment
- $9,894
- Net assets without donor restrictions
- $452,012
- Gross receipts
- $982,587
- Employees
- 0
- Year formed
- 2014
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KELLY DEMETRA VARSAMI | President Officer | 48 | $176,447 |
| ANTONETA VARSAMI | Vice President Officer | 10 | $12,100 |
| KONSTANTINOS DOIKOS | Treasurer Officer | 0 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KELLY DEMETRA VARSAMI | President Officer | 48 | $161,292 |
| ANTONETA VARSAMI | Vice President Officer | 10 | $14,550 |
| KONSTANTINOS DOIKOS | Treasurer Officer | 0 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KELLY DEMETRA VARSAMI | President Officer | 48 | $160,000 |
| ANTONETA VARSAMI | Vice President Officer | 10 | $15,600 |
| KONSTANTINOS DOIKOS | Treasurer Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 25-50 CRESCENT STREET, ASTORIA, NY 11102-3418
- In care of
- % KELLY DEMETRA VARSAMI
- Principal officer (990 for 2025)
- KELLY DEMETRA VARSAMI, 25-50 CRESCENT STREET, ASTORIA, NY 11102
- Signed the 990
- KELLY DEMETRA VARSAMI, President
- Phone
- (917) 603-4437
- Return prepared by
- Tax Time NYC Inc
Mission
It is our mission to encourage learning inspired by the classic Hellenic tradition. By guiding each childs mind by what amuses them, we may better discover and nourish their unique genius in an effort to promote their fullest human potential; mind, body and spirit.
Program accomplishments
- It is our mission to encourage learning inspired by the classic Hellenic tradition. By guiding each childs mind by what amuses them, we may better discover and nourish their unique genius in an effort to promote their fullest human potential; mind, body and spirit.VISION A better world by (for, from, with) better people The pursuit of ARETE (excellence, virtue, goodness) for all. Such an aspiration requires effort, discipline and intelligence. To create a spark that will enlighten the world that all might pursue their fullest human potentialGOALS To maximize your childs fullest human potential To provide the tools for the inspiration of children to better realize their fullest human potentialExpenses $890,690
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-2605426
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A23)
- Assets (IRS master file)
- $599,157
- Income (IRS master file)
- $982,587
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $982,587 | $950,786 | $599,157 | XML |
| 990 | December 2024 | $923,747 | $895,351 | $562,246 | IRS |
| 990 | December 2023 | $912,734 | $992,550 | $539,605 | XML |
| 990 | December 2022 | $808,380 | $815,392 | $629,436 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-2605426).
Questions about ACADEMY OF HELLENIC PAIDEIA INC
- What is the EIN of ACADEMY OF HELLENIC PAIDEIA INC?
- The employer identification number (EIN) of ACADEMY OF HELLENIC PAIDEIA INC is 47-2605426.
- Is ACADEMY OF HELLENIC PAIDEIA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to ACADEMY OF HELLENIC PAIDEIA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ACADEMY OF HELLENIC PAIDEIA INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ACADEMY OF HELLENIC PAIDEIA INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ACADEMY OF HELLENIC PAIDEIA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ACADEMY OF HELLENIC PAIDEIA INC?
- The 990 for the year ended December 31, 2025 names KELLY DEMETRA VARSAMI.
- Who are the officers and directors of ACADEMY OF HELLENIC PAIDEIA INC?
- The 990 for the year ended December 31, 2025 lists 3 people; 2 received compensation from the organization, the highest $176,447 (KELLY DEMETRA VARSAMI, President).
- How much revenue does ACADEMY OF HELLENIC PAIDEIA INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $982,587, expenses of $950,786 and total assets of $599,157 at year end.
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All nonprofits in ASTORIA · New York · Arts, culture and humanities