AZIZ AND GWEN SANCAR FOUNDATION

EIN: 260871109 501(c)(3) International Affairs

CHAPEL HILL, NC

Total Revenue
$199,948
Total Expenses
$333,380
Total Assets
$9,773,549
Net Assets
$9,757,751
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
NC
Principal Officer
ISMAIL ARSLAN
Phone
9192407075
Tax Period
2023-01-01 to 2023-12-31

AZIZ AND GWEN SANCAR FOUNDATION, founded in 2007, is a small nonprofit in the International Affairs sector that reported $200K in total revenue in fiscal year 2023. Revenue fell 91% from the prior year — a significant decline worth monitoring. Expenses of $333K exceeded revenue, resulting in a 67% operating deficit.

Mission

THE FOUNDATION IS DEVOTED TO EDUCATION IN ITS BROADEST SENSE. IT PROMOTES UNDERSTANDING OF

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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 $58,619
Program Service Revenue $5,703
Investment Income $135,626
Other Revenue $0
TOTAL REVENUE $199,948

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $152
Program Expenses $14,310
Other Expenses $333,380
TOTAL EXPENSES $333,380

Year-over-Year Comparison

2023 2022 Change
Revenue $199,948 $2,236,175 -0.9%
Expenses $333,380 $280,006 +0.2%
Net Income $-133,432 $1,956,169 -1.1%
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
7
Independent Members
7
Employees
N/A
Volunteers
11

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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AZIZ SANCAR EMERITUS BOARD CHAIR 1.50
Director
$0 $0 $0
GWENDOLYN SANCAR BOARD MEMBER 15.00
Officer Director
$0 $0 $0
ISMAIL ARSLAN VICE PRESIDENT 15.00
Officer Director
$0 $0 $0
FEVZI YALIN VICE CHAIRMAN OF THE BOARD OF DIRECTORS 30.00
Officer Director
$0 $0 $0
JORDAN SCEPANSKI TREASURER 15.00
Officer Director
$0 $0 $0
NURAY EKSEN BOARD MEMBER 10.00
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 $199,948 $333,380 $9,773,549 $-133,432
2022 $2,236,175 $280,006 $9,839,138 $1,956,169
2021 $68,167 $242,764 $7,864,681 $-174,597
2020 $147,371 $97,792 $8,039,415 $49,579
2019 $875,876 $71,599 $8,103,502 $804,277
2018 $40,451 $62,808 $7,300,504 $-22,357
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