HOUSE OF TURKEY

EIN: 141991144 501(c)(3) Arts, Culture & Humanities

San Diego, CA

Total Revenue
$91,485
Total Expenses
$333,202
Total Assets
$37,739
Net Assets
$37,739
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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
2007
Legal Domicile
CA
Tax Period
2023-07-01 to 2024-06-30

HOUSE OF TURKEY, founded in 2007, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $91K in total revenue in fiscal year 2023. Expenses of $333K exceeded revenue, resulting in a 264% operating deficit.

Mission

House of Turkey located in Balboa Park, San Diego, is a non-profit organization to promote universal awareness of the diversity and richness of the Turkish culture, country and people. House of Turkey through international relations, cultural activities and social events.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $91,485
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $91,485

Expense Breakdown

Grants Paid $305,080
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $333,202
Other Expenses $28,122
TOTAL EXPENSES $333,202

Year-over-Year Comparison

2023 2022 Change
Revenue $91,485 N/A N/A
Expenses $333,202 N/A N/A
Net Income $-241,717 N/A N/A
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

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Governance

Voting Members
6
Independent Members
6
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YUSUF OZTURK PRESIDENT 0.00
Officer
$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
2025 No data No data No data No data
2024 $91,485 $333,202 $37,739 $-241,717
2023 $314,212 $92,405 $279,456 $221,807
2022 $85,563 $78,157 $57,649 $7,406
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