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Thessalonica Agricultural & Industrial Institute (the American Farm School)

New York, NY · EIN 13-1624206 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Thessalonica Agricultural & Industrial Institute (the American Farm School) reported $22.0 million in revenue and $18.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $79.18 went to program services, $18.35 to management and general costs and $2.47 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 54.0% of the total. The highest compensation it reported for one person was $256,197 (PRESIDENT). 10 people received more than $100,000 in reportable compensation. Revenue rose 44% 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 $18M

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 $22M

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)
79.2%86.1%
Management & general
Part IX 25(C) ÷ 25(A)
18.3%8.0%
Fundraising
Part IX 25(D) ÷ 25(A)
2.5%2.6%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.11$0.03
Contributions & grants share of revenue
Part VIII 1h ÷ 12
19.0%96.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.4%0.0%
Program service revenue share
Part VIII 2g ÷ 12
54.0%0.0%
Highest reported compensation
Part VII-A, columns D–F
$256,197$341,362
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.40%1.06%
People paid over $100,000
Part VII, line 2
1010
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
47.47.5
Independent voting board members
Part VI 1a–1b
27 of 27100.0%

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
$9.0M expenses · 62.2% of program spending · grants $1.0M · revenue $7.4M

The secondary school

$4.8M expenses · 33.5% of program spending · revenue $4.5M

Auxiliary enterprises program

$617K expenses · 4.3% of program spending

Other program services

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, 60.00 hrs/week
$202,077$0$54,120$256,197
FINANCE OFFICER
Highest compensated employee, 40.00 hrs/week
$116,400$0$65,126$181,526

10 people received more than $100,000 in reportable compensation from Thessalonica Agricultural & Industrial Institute (the American Farm School) (Part VII, line 2). Compensation of current officers, directors and key employees totaled $305K (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$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$22M$18M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$22M$18M79.2%$72M$256,197
FY2024 ⓘ$15M$14M78.1%$65M$310,972
FY2023 ⓘ$12M$15M73.4%$62M$234,014
FY2022 ⓘ$18M$15M74.4%$60M$429,973
FY2021 ⓘ$12M$14M76.6%$70M$356,461
FY2020 ⓘ$15M$13M81.0%$64M$314,856

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–1b27 · 27 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 11aNo
  • 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 26No
  • 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 513
  • Volunteers Part I, line 627

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
DIMITRIAKI SA
Agricultural products/animal feeds
$421,639
DEH SA
Electric power company
$401,173
COSMOS LTD
Construction company
$381,645
METLEN ENERGY & METALS SA
Energry company
$347,065
KNOWLEDGE AND EXPERIENCE
Educational programs
$338,799

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Thessalonica Agricultural & Industrial Institute (the American Farm School) totaling $10,000 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 Thessalonica Agricultural & Industrial Institute (the American Farm School)'s own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Thessalonica Agricultural & Industrial Institute (the American Farm School), you can publish a response that is linked from this page.

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Questions people ask

How much of Thessalonica Agricultural & Industrial Institute (the American Farm School)'s spending goes to programs?

In the fiscal year ending June 30, 2025, Thessalonica Agricultural & Industrial Institute (the American Farm School) reported that 79.2% of its $18.3 million in expenses went to program services, 18.3% to management and general and 2.5% to fundraising (Form 990, Part IX).

How much does Thessalonica Agricultural & Industrial Institute (the American Farm School) pay its top executive?

The largest total compensation Thessalonica Agricultural & Industrial Institute (the American Farm School) reported for one person in the fiscal year ending June 30, 2025 was $256,197, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Thessalonica Agricultural & Industrial Institute (the American Farm School) get its money?

Of $22.0 million in revenue in the fiscal year ending June 30, 2025, 19.0% came from contributions and grants (including 0.4% from government grants) and 54.0% from program service revenue (Form 990, Part VIII).

Is Thessalonica Agricultural & Industrial Institute (the American Farm School) a registered charity?

The IRS lists EIN 13-1624206 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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 202611359349302936 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349309381 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431369349308333 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349318402 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231369349315738 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111349349301711 · read the filing

All filings for EIN 13-1624206: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.