ANATOLIA CULTURAL CENTERS INC

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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

2013

Legal Domicile

Principal Officer

MUSTAFA AYDIN

Phone

6573455760

Tax Period

2023-01-01 to 2023-12-31

ANATOLIA CULTURAL CENTERS INC, founded in 2013, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $1.6M left a modest 6% surplus.

Mission

TO PROMOTE HARMONY AND MULTICULTURAL RICHNESS IN THE DIVERSE CULTURAL SETTINGS OF UNITED STATES OF AMERICA BY INTRODUCING, INFORMING, AND PROMOTING CULTURE RICHNESS IN THE UNITED STATES

Program Service Accomplishments

Program 1

Expenses: $1,317,965 Revenue: $84,661

Anatolia Cultural Centers (the Organization) organizes community picnics, community breakfasts, lectures, seminars, cultural art courses, cultural music courses, language courses, cultural cooking...

Anatolia Cultural Centers (the Organization) organizes community picnics, community breakfasts, lectures, seminars, cultural art courses, cultural music courses, language courses, cultural cooking classes, cultural fairs and weeks, cultural nights, movie nights, cross-cultural events and cultural art-photography-handcrafts exhibitions; and participates in all type of cultural events. Most of these events and activities are carried on throughout the year.During 2023, the Organization organized a major cultural and language festival International Festival of Language and Culture (IFLC). The IFLC is an annual celebration of language diversity that showcases talent from across the globe. The IFLC first started in 2003 with only 17 countries participating. As of today, over 2,000 performers and production members from more than 160 nations have taken part in our events.Additionally, the Organization contributes to wider education and society through its programs such as scholarships, mentoring programs and weekend schools.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,588,837

Program Service Revenue $84,661

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,673,498

Expense Breakdown

Grants Paid $0

Salaries & Benefits $818,091

Fundraising Expenses $0

Program Expenses $1,317,965

Other Expenses $760,185

TOTAL EXPENSES $1,578,276

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,673,498	$1,105,966	+0.5%
Expenses	$1,578,276	$1,044,218	+0.5%
Net Income	$95,222	$61,748	+0.5%

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

$161,733

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MUSTAFA AYDIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
ERDOGAN TUNC	MEMBER	1.00	Director	$0	$0	$0
FEVZI OTEN	TREASURER	1.00	Officer Director	$0	$0	$0
MEKAN MUHAMMEDOV	MEMBER	1.00	Director	$0	$0	$0
MUYESSER C YILMAZ	MEMBER	1.00	Director	$0	$0	$0
SEVDE ILHAN	SECRETARY	1.00	Officer Director	$0	$0	$0
ENES YAPICI	CEO	40.00	Officer	$61,857	$0	$61,857
MUSTAFA ULUKAYA	PROGRAM COORDINATOR	40.00	Officer	$99,876	$0	$99,876

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	$1,673,498	$1,578,276	$1,011,173	$95,222
2022	$1,105,966	$1,044,218	$901,436	$61,748
2021	$905,927	$658,516	$833,693	$247,411
2020	$374,467	$359,103	$251,191	$15,364
2019	$453,878	$385,128	$72,767	$68,750
2018	$271,324	$312,612	$13,174	$-41,288
2017	$650,091	$680,980	$86,519	$-30,889