CHAPEL HILL, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
THE FOUNDATION IS DEVOTED TO EDUCATION IN ITS BROADEST SENSE. IT PROMOTES UNDERSTANDING OF TO FACILITATE EDUCATIONAL EXCHANGE BETWEEN TURKIYE AND THE USA THROUGH LECTURES, FILMS, SOCIAL GATHERINGS AND EXHIBITS CONDUCTED AT THE TURKISH CULTURAL CENTER IN CHAPEL HILL, NORTH CAROLINA; TO PROVIDE TEMPORARY HOUSING FOR TURKISH STUDENTS IN THE LOCAL AREA AS THEY
THE FOUNDATION RENTED THEIR GREAT HALL TO VARIOUS TURKISH GROUPS/ ORGANIZATIONS FOR MEETINGS; THE CENTER PROVIDED VARIOUS EDUCATIONAL AND SOCIAL SERVICES; THESE EVENTS INCREASED AN UNDERSTANDING OF...
THE FOUNDATION RENTED THEIR GREAT HALL TO VARIOUS TURKISH GROUPS/ ORGANIZATIONS FOR MEETINGS; THE CENTER PROVIDED VARIOUS EDUCATIONAL AND SOCIAL SERVICES; THESE EVENTS INCREASED AN UNDERSTANDING OF TURKIYE; COOKING CLASSESS WERE HELD TO TEACH HOW TO PREPARE DELICIOUS AND POPULER TURKISH AND MEDITERRANEAN DISHES; CULTURAL EVENTS WERE OFFERED DURING THE YEAR TO LEARN ABOUT THE MANY FACETS OF TURKISH HISTORY AND CULTURE WHICH INCLUDE LIVE ENTERTAINMENT, ART SHOWS, MOVIES AND VARIOUS OTHER CLASSES VARIOUS OTHER CLASSES.
THE FOUNDATION SUPPORTED THE INTERNATIONAL CHILDRENS DAY FESTIVAL THAT IS HELD ANNUALLY IN CARY, NC. THE FESTIVAL IS ORGANIZED AND RUN BY THE ASSOCIATION OF TURKISH-AMERICANS - NORTH CAROLINA. THIS...
THE FOUNDATION SUPPORTED THE INTERNATIONAL CHILDRENS DAY FESTIVAL THAT IS HELD ANNUALLY IN CARY, NC. THE FESTIVAL IS ORGANIZED AND RUN BY THE ASSOCIATION OF TURKISH-AMERICANS - NORTH CAROLINA. THIS IS PART OF THE FOUNDATIONS PROGRAM TO FOSTER UNDERSTANDING AND APPRECIATION OF TURKISH CULTURE BY OTHER NATIONALITIES IN THE AREA.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
Compare AZIZ AND GWEN SANCAR FOUNDATION with other nonprofits in North Carolina and across the country.