AMERICAN TURKISH FRIENDSHIP ASSOCIATION INC (EIN 030493690) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

HAKAN ATASEVER

Phone

5719696254

Tax Period

2022-01-01 to 2022-12-31

AMERICAN TURKISH FRIENDSHIP ASSOCIATION INC, founded in 2003, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $547K in total revenue in fiscal year 2018. Revenue fell 149% from the prior year — a significant decline worth monitoring.

Mission

TO ADDRESS THE SOCIAL AND CULTURAL NEEDS OF TURKISH AND AMERICAN FRIENDS LIVING IN THE UNITED STATES

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $841,071

Program Service Revenue $1,205

Investment Income $23,008

Other Revenue $181,632

TOTAL REVENUE $1,046,916

Expense Breakdown

Grants Paid $10,038

Salaries & Benefits $545,866

Fundraising Expenses $0

Program Expenses $1,028,611

Other Expenses $472,707

TOTAL EXPENSES $1,028,611

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,046,916	$731,745	+0.4%
Expenses	$1,028,611	$757,785	+0.4%
Net Income	$18,305	$-26,040	-1.7%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

400

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

$131,395

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FATIH DEMIR	CHAIRMAN	2.00	Director	$0	$0	$0
ASUMAN MUTLU	SECRETARY	2.00	Director	$0	$0	$0
MUSTAFA BOZOKLU	TREASURER	2.00	Director	$0	$0	$0
NEVZAT CELIK	CEO	40.00	Key Emp	$58,108	$0	$58,108
HAKAN ATASEVER	EXECUTIVE DIRECTOR	40.00	Key Emp	$73,287	$0	$73,287
AHMET CAKMAK	BOARD MEMBER	2.00	Director	$0	$0	$0
AYHAN BETUL ERENDOR ZABUN	BOARD MEMBER	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	No data	No data	No data	No data
2022	$1,046,916	$1,028,611	$668,263	$18,305
2021	$731,745	$757,785	$746,317	$-26,040
2020	$552,099	$614,892	$1,313,620	$-62,793
2019	$298,610	$910,333	$1,248,440	$-611,723
2018	$-547,451	$591,498	$1,948,877	$-1,138,949

AMERICAN TURKISH FRIENDSHIP ASSOCIATION INC