AMERICAN TURKISH ASSOC OF SOUTHERN CALIFORNIA

EIN: 330190399 501(c)(3) Arts, Culture & Humanities

GRANADA HILLS, CA

Total Revenue
$181,117
Total Expenses
$157,854
Total Assets
$207,092
Net Assets
$207,092
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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
2016
Legal Domicile
CA
Tax Period
2023-01-01 to 2023-12-31

AMERICAN TURKISH ASSOC OF SOUTHERN CALIFORNIA, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $181K in total revenue in fiscal year 2023. Revenue surged 120% from the prior year, signaling strong growth momentum. Expenses of $158K left a modest 13% surplus.

Mission

ATASC IS DEDICATED TO FOSTER A STRONG TURKISH AMERICAN COMMUNITY WITH A LARGE VOICE IN EDUCATING THE GENERAL PUBLIC ABOUT TURKISH CULTURE.

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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 $132,984
Program Service Revenue $0
Investment Income $3,146
Other Revenue $44,987
TOTAL REVENUE $181,117

Expense Breakdown

Grants Paid $132,984
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $157,854
Other Expenses $24,870
TOTAL EXPENSES $157,854

Year-over-Year Comparison

2023 2022 Change
Revenue $181,117 $82,362 +1.2%
Expenses $157,854 $17,915 +7.8%
Net Income $23,263 $64,447 -0.6%
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
N/A
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HAFIZE CHUDLEIGH CFO 5.00
Officer
$0 $0 $0
ASUMAN YILMAZ PRESIDENT 13.00
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 No data No data No data No data
2023 $181,117 $157,854 $207,092 $23,263
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