INTERNATIONAL FESTIVAL OF LANGUAGE… - 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

2015

Legal Domicile

Principal Officer

SERIF SOYDAN

Phone

2404352032

Tax Period

2020-01-01 to 2020-12-31

INTERNATIONAL FESTIVAL OF LANGUAGEAND CULTURE, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $112K in total revenue in fiscal year 2020. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $130K exceeded revenue, resulting in a 16% operating deficit.

Mission

TO PROMOTE PEACE AND DIALOGUE THROUGH ITS SHOWCASE OF MULTICULTURAL DIVERSITY.

Program Service Accomplishments

Program 1

Expenses: $122,710 Revenue: $0

HELD THE INTERNATIONAL FESTIVAL OF LANGUAGE AND CULTURE IN WASHINGTON DC. STUDENTS FROM 160 COUNTRIES AROUND THE WORLD ARE INVITED TO PERFORM THEIR UNIQUE FOLK TALENTS, INCLUDING SINGING, DANCING...

HELD THE INTERNATIONAL FESTIVAL OF LANGUAGE AND CULTURE IN WASHINGTON DC. STUDENTS FROM 160 COUNTRIES AROUND THE WORLD ARE INVITED TO PERFORM THEIR UNIQUE FOLK TALENTS, INCLUDING SINGING, DANCING, POETRY RECITATION AND PERFORMANCE.

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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 (2020)

Revenue Breakdown

Contributions & Grants $112,217

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $112,217

Expense Breakdown

Grants Paid $0

Salaries & Benefits $85,576

Fundraising Expenses $0

Program Expenses $122,710

Other Expenses $44,541

TOTAL EXPENSES $130,117

Year-over-Year Comparison

	2020	2019	Change
Revenue	$112,217	$540,107	-0.8%
Expenses	$130,117	$491,689	-0.7%
Net Income	$-17,900	$48,418	-1.4%

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

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

$79,001

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SERIF SOYDAN	PRESIDENT	40.00	Officer	$79,001	$0	$79,001
EMRE CELIK	Chairman	1.00	Officer Director	$0	$0	$0
ENDER ZIREKOGLU	TREASURER	1.00	Officer Director	$0	$0	$0
Mehmet Emin Bilgin	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
2020	$112,217	$130,117	$48,278	$-17,900
2019	$540,107	$491,689	$50,658	$48,418
2018	$217,694	$284,731	$2,241	$-67,037

INTERNATIONAL FESTIVAL OF LANGUAGEAND CULTURE