MARYLAND TURKISH AMERICAN INHABITANTS INC (EIN 200539388) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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

2004

Legal Domicile

Principal Officer

DAVID MERAL

Phone

4106600501

Tax Period

2023-01-01 to 2023-12-31

MARYLAND TURKISH AMERICAN INHABITANTS INC, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $733K in total revenue in fiscal year 2023. Revenue surged 53% from the prior year, signaling strong growth momentum.

Mission

TO PROMOTE INTERCULTURAL AND INTERFAITH DIALOGUE AND FRIENDSHIP THROUGH EDUCATIONAL AND CULTURAL ACTIVITIES, AND BUILDING STRONGER BRIDGES WITHIN OUR COMMUNITY TO GET TO KNOW ONE ANOTHER.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $531,797

Program Service Revenue $89,421

Investment Income $0

Other Revenue $112,141

TOTAL REVENUE $733,359

Expense Breakdown

Grants Paid $0

Salaries & Benefits $188,094

Fundraising Expenses $35,939

Program Expenses $503,972

Other Expenses $580,014

TOTAL EXPENSES $768,108

Year-over-Year Comparison

	2023	2022	Change
Revenue	$733,359	$479,289	+0.5%
Expenses	$768,108	$430,366	+0.8%
Net Income	$-34,749	$48,923	-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

140

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

$100,307

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID MERAL	EXECUTIVE DIRECTOR	40.00	Officer	$94,307	$6,000	$100,307
ERSA KESKIN	PRESIDENT AS OF AUGUST	5.00	Officer Director	$0	$0	$0
USAME TAK	PRESIDENT UNTIL AUGUST	5.00	Officer Director	$0	$0	$0
EMRE CIVAN	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
CIHAN BICER	TREASURER	5.00	Officer Director	$0	$0	$0
OZGUR KARAKUZU	SECRETARY AS OF JULY	5.00	Officer Director	$0	$0	$0
ARIF AKPINAR	SECRETARY UNTIL JULY	5.00	Officer Director	$0	$0	$0
SULEYMAN YILDIZ	BOARD MEMBER	1.00	Director	$0	$0	$0
GAMZE OZSOY	BOARD MEMBER AS OF MAY	1.00	Director	$0	$0	$0
FATIH KOK	BOARD MEMBER AS OF MAY	1.00	Director	$0	$0	$0
ZELIHA AKPINAR	BOARD MEMBER AS OF AUGUST	1.00	Director	$0	$0	$0
HASAN IMANLI	BOARD MEMBER AS OF AUGUST	1.00	Director	$0	$0	$0
TUBA AKSOY	BOARD MEMBER UNTIL APRIL	1.00	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	$733,359	$768,108	$3,539,987	$-34,749
2022	$479,289	$430,366	$3,466,618	$48,923
2021	$153,547	$325,199	$1,539,200	$-171,652
2020	$678,034	$346,675	$3,456,492	$331,359
2020	$395,306	$346,675	$3,260,549	$48,631
2019	$199,229	$278,941	$3,180,927	$-79,712
2019	$115,965	$279,073	$2,995,923	$-163,108

MARYLAND TURKISH AMERICAN INHABITANTS INC