TURKISH SOCIETY OF ROCHESTER (EIN 237043150) - 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

1969

Legal Domicile

Phone

5852661980

Tax Period

2023-04-01 to 2024-03-31

TURKISH SOCIETY OF ROCHESTER, founded in 1969, is a small nonprofit in the Arts, Culture & Humanities sector that reported $478K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $161K, a strong 34% operating margin.

Mission

TO PROVIDE COMPLETE RELIGIOUS SERVICES FOR THE TURKISH COMMUNITY, CLASSIS IN TURKISH LANGUAGE/HISTORY/CULTURE, SEMINARS AND WORKSHOPS IN CROSS-CULTURAL DEVELOPMENTS, COMPUTER SKILLS, AND DRIVER EDUCATION CLASSES.

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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 $137,410

Program Service Revenue $330,445

Investment Income $16

Other Revenue $10,200

TOTAL REVENUE $478,071

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $176,300

Other Expenses $317,413

TOTAL EXPENSES $317,413

Year-over-Year Comparison

	2023	2022	Change
Revenue	$478,071	$652,371	-0.3%
Expenses	$317,413	$526,673	-0.4%
Net Income	$160,658	$125,698	+0.3%

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

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
NIHAT SELCUK	PRESIDENT	8	Officer	$0	$0	$0
MESUT VARDAR	PRESIDENT-ELECT	8	Officer	$0	$0	$0
EMRAH PEKTAS	VICE PRESIDENT	6	Officer	$0	$0	$0
UTKU KANIK	TREASURER	7	Officer	$0	$0	$0
OMER YILDIZ	ACCOUNTANT	7	Officer	$0	$0	$0
ERDE YILDIZ	RECORDING SECRETARY	6	Officer	$0	$0	$0
FERHAT CANAKCI	COMMUNICATIONS SECRETARY	6	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	$478,071	$317,413	$1,077,355	$160,658
2023	$652,371	$526,673	$967,468	$125,698
2022	$368,864	$258,650	$901,145	$110,214
2021	$175,014	$185,795	$841,273	$-10,781
2020	$400,175	$291,735	$875,147	$108,440
2019	$387,225	$366,381	$837,778	$20,844

TURKISH SOCIETY OF ROCHESTER