AMERICAN TURKISH ASSOCIATION INC (EIN 237302182) - 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

2403140714

Tax Period

2024-01-01 to 2024-12-31

AMERICAN TURKISH ASSOCIATION INC, founded in 1969, is a small nonprofit in the Arts, Culture & Humanities sector that reported $308K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $109K, a strong 35% operating margin.

Mission

Educational and cultural activities.

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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 (2024)

Revenue Breakdown

Contributions & Grants $95,940

Program Service Revenue $189,838

Investment Income $20,911

Other Revenue $1,145

TOTAL REVENUE $307,834

Expense Breakdown

Grants Paid $5,700

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $189,797

Other Expenses $193,281

TOTAL EXPENSES $198,981

Year-over-Year Comparison

	2024	2023	Change
Revenue	$307,834	$401,421	-0.2%
Expenses	$198,981	$382,231	-0.5%
Net Income	$108,853	$19,190	+4.7%

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

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
SEVTAP SCHREFFLER	PRESIDENT	5.00	Officer	$0	$0	$0
KORAY KUKRER	V PRESIDENT	1.00	Officer	$0	$0	$0
OZGE OVUN SERT	SECRETARY	3.00	Officer	$0	$0	$0
PATSY JONES	TREASURER	2.00	Officer	$0	$0	$0
TURGAY DABAK	AT LARGE	1.00	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
2024	$307,834	$198,981	$1,061,262	$108,853
2023	$401,421	$382,231	$705,166	$19,190
2022	$251,581	$219,308	$684,986	$32,273
2021	$135,559	$126,396	$653,271	$9,163
2020	$96,660	$82,809	$677,787	$13,851
2019	$187,573	$163,415	$579,321	$24,158
2018	$150,166	$160,675	$551,845	$-10,509

AMERICAN TURKISH ASSOCIATION INC