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The American College of Greece

Boston, MA · EIN 04-2306054 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

The American College of Greece reported $89.6 million in revenue and $94.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $74.55 went to program services, $25.04 to management and general costs and $0.41 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.8% of the total. The highest compensation it reported for one person was $635,296 (PRESIDENT). 10 people received more than $100,000 in reportable compensation. Revenue rose 65% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $94M

For context, the median across 469 covered international, foreign affairs & national security charities: $89.04 programs, $8.28 management, $2.68 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $90M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 469 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
74.5%86.1%
Management & general
Part IX 25(C) ÷ 25(A)
25.0%8.0%
Fundraising
Part IX 25(D) ÷ 25(A)
0.4%2.6%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.25$0.03
Contributions & grants share of revenue
Part VIII 1h ÷ 12
1.7%96.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.2%0.0%
Program service revenue share
Part VIII 2g ÷ 12
96.8%0.0%
Highest reported compensation
Part VII-A, columns D–F
$635,296$341,362
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.67%1.06%
People paid over $100,000
Part VII, line 2
1010
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
7.47.5
Independent voting board members
Part VI 1a–1b
18 of 18100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$70M expenses · 100.0% of program spending · grants $13M · revenue $87M

In the fiscal year ending 6/30/25, 5,792 students attended the undergraduate program and 380 graduated with diplomas. The graduate school at deree had 503 students enrolled of whom 171 graduated with advanced degrees and the alba graduate business school had 614 students enrolled of whom 262 graduated with advanced degrees. The high school (grades 7 to 12) had 1,625 students of whom 286 graduated. The elementary school (grades pre-k to 6), had 830 students. The American College of Greece (acg) also offered well-attended continuing education and cultural events for the community in which it…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Officer, 35.00 hrs/week
$266,059$252,165$117,072$635,296
CFO, SVP FINANCE & U.S. OPERATIONS
Officer, 28.00 hrs/week
$0$251,825$60,566$312,391
SENIOR VP OF ADMIN & PIERCE
Highest compensated employee, 40.00 hrs/week
$134,434$0$69,819$204,253
VICE PRESIDENT ACADEMIC AFFAIRS
Highest compensated employee, 40.00 hrs/week
$158,096$0$38,557$196,653
PROFESSOR OF INTL. BUSN. & STRATEGY
Highest compensated employee, 40.00 hrs/week
$135,833$0$46,075$181,908
ASSC DEAN ACAD PROG & ASSC PROF FIN
Highest compensated employee, 40.00 hrs/week
$136,569$0$41,274$177,843
PROF DIG BUS, DIR SEV CTR EXCELLENCE
Highest compensated employee, 40.00 hrs/week
$133,789$0$39,279$173,068

10 people received more than $100,000 in reportable compensation from The American College of Greece (Part VII, line 2). Compensation of current officers, directors and key employees totaled $278K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$25M$50M$75M$100MFY2020FY2021FY2022FY2023FY2024FY2025$90M$94M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$90M$94M74.5%$58M$635,296
FY2024 ⓘ$82M$84M75.0%$58M$637,560
FY2023 ⓘ$69M$74M75.4%$52M$674,198
FY2022 ⓘ$60M$65M74.9%$46M$661,298
FY2021 ⓘ$59M$60M68.9%$50M$658,021
FY2020 ⓘ$54M$56M66.7%$43M$780,056

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b18 · 18 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26Yes
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 50
  • Volunteers Part I, line 619

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
MAROULIS TRAVEL
Travel agency
$1,923,391
SIMOU E MON EPE
Travel agency
$1,410,420
UNISON FACILITY SERVICES SA
Cleaning services
$970,928
THE OPEN UNIV
College validation svcs
$766,002
D KAPSALIS AE
Catering services
$681,888

Individuals listed as contractors are left out. 36 contractors were paid more than $100,000 in all.

Private foundation grants it received

7 private foundations reported grants to The American College of Greece totaling $170K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The American College of Greece's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The American College of Greece, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All international, foreign affairs & national security charities · Largest charities in Massachusetts

Questions people ask

How much of The American College of Greece's spending goes to programs?

In the fiscal year ending June 30, 2025, The American College of Greece reported that 74.5% of its $94.3 million in expenses went to program services, 25.0% to management and general and 0.4% to fundraising (Form 990, Part IX).

How much does The American College of Greece pay its top executive?

The largest total compensation The American College of Greece reported for one person in the fiscal year ending June 30, 2025 was $635,296, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The American College of Greece get its money?

Of $89.6 million in revenue in the fiscal year ending June 30, 2025, 1.7% came from contributions and grants (including 0.2% from government grants) and 96.8% from program service revenue (Form 990, Part VIII).

Is The American College of Greece a registered charity?

The IRS lists EIN 04-2306054 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621289349302532 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511299349300206 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411279349302911 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321309349302062 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201319349300805 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101259349300130 · read the filing

All filings for EIN 04-2306054: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.