TURKISH-AMERICAN RELIGIOUS FOUNDATION (EIN 134194912) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

AHMET SALIH BAYRAKTAR

Phone

2404358557

Tax Period

2023-01-01 to 2023-12-31

TURKISH-AMERICAN RELIGIOUS FOUNDATION, founded in 2001, is a community nonprofit in the Human Services sector that reported $5.8M in total revenue in fiscal year 2023. Revenue surged 213% from the prior year, signaling strong growth momentum. Expenses of $5.3M left a modest 8% surplus.

Mission

THE ORGANIZATION SERVES TURKISH AND MUSLIM COMMUNITIES BY FUNDING ESTABLISHMENTS FOR PUBLIC WORSHIP AND PROVIDING RELIGIOUS, CHARITABLE AND EDUCATIONAL SERVICES THROUGH ITS BRANCHES ACROSS THE UNITED STATES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,767,146

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5,767,146

Expense Breakdown

Grants Paid $616,600

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $4,702,141

TOTAL EXPENSES $5,325,806

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,767,146	$1,840,857	+2.1%
Expenses	$5,325,806	$1,692,645	+2.1%
Net Income	$441,340	$148,212	+2.0%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NURULLAH CELEBI	PRESIDENT	002.00	Officer Director	$0	$0	$0
MEHMET GOKTEPE	VICE PRESIDENT	002.00	Officer Director	$0	$0	$0
AHMET SALIH BAYRAKTAR	SECRETARY AND TREASURER	010.00	Officer Director	$0	$0	$0
YAKUP KANSIZOGLU	MEMBER	002.00	Director	$0	$0	$0
YENER HENDENOGLU	MEMBER	002.00	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	$5,767,146	$5,325,806	$7,685,605	$441,340
2023	$5,767,146	$5,325,806	$7,685,605	$441,340
2022	$708,468	$560,256	$7,244,265	$148,212
2021	$973,880	$582,981	$8,600,059	$390,899
2020	$1,176,074	$512,543	$9,624,804	$663,531
2019	$956,980	$654,627	$9,071,113	$302,353
2018	$803,987	$577,495	$8,832,919	$226,492
2017	$599,140	$649,979	$8,606,580	$-50,839

TURKISH-AMERICAN RELIGIOUS FOUNDATION