AMERICAN TURKISH COUNCIL

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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

1991

Legal Domicile

Principal Officer

HOWARD G BEASEY

Phone

2027830483

Tax Period

2019-01-01 to 2019-12-31

AMERICAN TURKISH COUNCIL, founded in 1991, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2019. Revenue surged 226% from the prior year, signaling strong growth momentum. The organization ran a surplus of $572K, a strong 36% operating margin.

Mission

TO ENGAGE IN ACTIVITIES TO PROMOTE THE US-TURKISH COMMERCIAL, DEFENSE, AND CULTURAL RELATIONS THROUGH EDUCATION, INSTRUCTION, AND TRAINING PROGRAMS IN THE FOLLOWING AREAS: TO HELP RESOLVE PROBLEMS AND DISPUTES THAT AFFECT US-TURKISH COMMERCIAL, DEFENSE, AND CULTURAL RELATIONS. TO ENCOURAGE TRADE AND INVESTMENT BETWEEN THE UNITED STATES AND TURKEY. TO EDUCATE THE PUBLIC AND PRIVATE SECTORS ON THE IMPORTANCE OF THE STRATEGIC ALLIANCE BETWEEN THE UNITED STATES AND TURKEY. TO INCREASE THE UNDERSTANDING AND APPRECIATION OF THE HISTORY, CULTURE, AND TRADITIONS OF THE UNITED STATES AND TURKEY. TO PROMOTE AWARENESS OF US-TURKISH RELATIONS. TO FACILITATE DIALOGUE BETWEEN THE GOVERNMENT AGENCIES OF BOTH TURKEY AND THE UNITED STATES.

Program Service Accomplishments

Program 1

HELD AN ANNUAL CONFERENCE BETWEEN US AND TURKISH GOVERNMENTALOFFICIALS AND BUSINESS MEN; MAINTAINED A WEBSITE WITH ARTICLES ONTURKEY AND THE US, AND WITH LINKS TO RELATED SITES; HELD...

HELD AN ANNUAL CONFERENCE BETWEEN US AND TURKISH GOVERNMENTALOFFICIALS AND BUSINESS MEN; MAINTAINED A WEBSITE WITH ARTICLES ONTURKEY AND THE US, AND WITH LINKS TO RELATED SITES; HELD SEMINARS,WORKSHOPS, BRIEFINGS, AND OTHER MEETINGS TO EDUCATE AND UPDATE THEMEMBERSHIP AND THE PUBLIC ON US/TURKISH CULTURAL, COMMERCIAL, ANDSECURITY ISSUES AND TO HONOR THOSE WHO HAVE MADE OUTSTANDINGCONTRIBUTIONS TO ECONOMIC AND SOCIAL TIES BETWEEN THE REPUBLIC OFTURKEY AND THE UNITED STATES.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,578,477

Investment Income $0

Other Revenue $9,575

TOTAL REVENUE $1,588,052

Expense Breakdown

Grants Paid $0

Salaries & Benefits $211,303

Fundraising Expenses $0

Other Expenses $804,374

TOTAL EXPENSES $1,015,677

Year-over-Year Comparison

	2019	2018	Change
Revenue	$1,588,052	$487,756	+2.3%
Expenses	$1,015,677	$739,910	+0.4%
Net Income	$572,375	$-252,154	-3.3%

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

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

$12,000

Total Directors

$95,564

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GENERALUSMCRETJAMES LJONES	CHAIRMAN OF THE BOARD	1.00	Officer Director	$0	$0	$0
TAMER SAKA	VICE CHAIRMAN OF BOARD	1.00	Officer Director	$0	$0	$0
HOWARD G BEASEY	PRESIDENT AND CEO	40.00	Officer Director	$12,000	$0	$12,000
JOSHUA WALKER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SIBEL SELCUK	TREASURER	1.00	Officer Director	$0	$0	$0
KARL V HOPKINS	GENERAL COUNSEL	1.00	Officer Director	$0	$0	$0
AMBRET RICHARD L ARMITAGE	CHAIRMAN EMERITUS	1.00	Director	$0	$0	$0
FATIH ORHAN	EXECUTIVE DIRECTOR	40.00	Director	$62,026	$21,538	$83,564
ERSAN ARCAN	BOARD MEMBER	1.00	Director	$0	$0	$0
ARMIN ZERUNYAN	BOARD MEMBER	1.00	Director	$0	$0	$0
HAMDI ULUKAYA	BOARD MEMBER	1.00	Director	$0	$0	$0
HIKMET ARIF TOPCUOGLU	BOARD MEMBER	1.00	Director	$0	$0	$0
EMIN SAZAK	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK SUPKO	BOARD MEMBER	1.00	Director	$0	$0	$0
CAROLYN B LAMM	BOARD MEMBER	1.00	Director	$0	$0	$0
BURAK KUNTAY	BOARD MEMBER	1.00	Director	$0	$0	$0
FILZ YAVUZ DIREN	BOARD MEMBER	1.00	Director	$0	$0	$0
LAWRENCE M KAYE	BOARD MEMBER	1.00	Director	$0	$0	$0
ELI WHITNEY DEBEVOISE II	BOARD MEMBER	1.00	Director	$0	$0	$0
CUNEYT CILINGIROGLU	BOARD MEMBER	1.00	Director	$0	$0	$0
TOM ANDERSEN	BOARD MEMBER	1.00	Director	$0	$0	$0
CEYHUN JAY DOGAN	BOARD MEMBER	1.00	Director	$0	$0	$0
YOLA HABIF JOHNSTON	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRIS KEULEMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
OYA UNLU KIZIL	BOARD MEMBER	1.00	Director	$0	$0	$0
DOUGLAS PARKS	BOARD MEMBER	1.00	Director	$0	$0	$0
HANDE TIBUK	BOARD MEMBER	1.00	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
2019	$1,588,052	$1,015,677	No data	$572,375
2018	$487,756	$739,910	$265,483	$-252,154