GLOBAL CULTURAL CONNECTIONS DBA PA… - Form 990 Financial Data

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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

2003

Legal Domicile

Principal Officer

MESUT INCI

Phone

3102916751

Tax Period

2024-01-01 to 2024-12-31

GLOBAL CULTURAL CONNECTIONS DBA PACIFICA INSTITUTE, founded in 2003, is a small nonprofit in the Arts, Culture & Humanities sector that reported $219K in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum.

Mission

Pacifica Institute seeks to accomplish its vision by engaging in a variety of civic activities and inviting others to generate and share insights, thereby removing barriers to confidence-building and trust. This sharing of insights and understanding can then create real opportunities for mutual respect and appreciation, offering an environment in which a shared narrative can be rooted.

Program Service Accomplishments

Program 1

Expenses: $169,220 Revenue: $1,490

Pacifica Institute organizes various activities that promote cross cultural and interfaith dialogue, understanding, tolerance and peace. Key accomplishments and programs organized during the year...

Pacifica Institute organizes various activities that promote cross cultural and interfaith dialogue, understanding, tolerance and peace. Key accomplishments and programs organized during the year include the Friendship Dinner, Luncheon Forum Series, and conferences.

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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 $217,014

Program Service Revenue $1,490

Investment Income $0

Other Revenue $0

TOTAL REVENUE $218,504

Expense Breakdown

Grants Paid $0

Salaries & Benefits $190,488

Fundraising Expenses $0

Program Expenses $169,220

Other Expenses $22,019

TOTAL EXPENSES $212,507

Year-over-Year Comparison

	2024	2023	Change
Revenue	$218,504	$131,795	+0.7%
Expenses	$212,507	$204,805	+0.0%
Net Income	$5,997	$-73,010	-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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AIDANA ASSAMIDANOVA	MEMBER	1.00	Director	$0	$0	$0
DANIEL SKUBIK	MEMBER	1.00	Director	$0	$0	$0
MESUT INCI	PRESIDENT	1.00	Officer Director	$0	$0	$0
MURAT CETKIN	TREASURER	1.00	Officer Director	$0	$0	$0
REYHAN EREN	SECRETARY	1.00	Officer 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	$218,504	$212,507	$131,682	$5,997
2021	$289,281	$69,198	$236,223	$220,083
2020	$115,316	$103,648	$52,785	$11,668
2019	$123,126	$71,880	$19,472	$51,246
2018	$123,589	$108,866	$32,855	$14,723

GLOBAL CULTURAL CONNECTIONS DBA PACIFICA INSTITUTE