HERKUL FOUNDATION INC (EIN 811234316) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

TURK KOCAMAN

Phone

7329109724

Tax Period

2025-01-01 to 2025-12-31

HERKUL FOUNDATION INC, founded in 2016, is a small nonprofit in the Education sector that reported $202K in total revenue in fiscal year 2025. Revenue surged 740% from the prior year, signaling strong growth momentum. Expenses of $223K exceeded revenue, resulting in a 11% operating deficit.

Mission

PROVIDE RELIGIOUSCULTURAL AND EDUCATION SUPPORT VIA INTERNET AND SOCIAL MEDIA TO OTHER PEOPLES

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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 (2025)

Revenue Breakdown

Contributions & Grants $201,620

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $201,620

Expense Breakdown

Grants Paid $0

Salaries & Benefits $130,086

Fundraising Expenses $0

Program Expenses $176,847

Other Expenses $93,077

TOTAL EXPENSES $223,163

Year-over-Year Comparison

	2025	2024	Change
Revenue	$201,620	$24,000	+7.4%
Expenses	$223,163	$75,354	+2.0%
Net Income	$-21,543	$-51,354	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAMAZAN AYGUN	PRESIDENT	2.00	Officer Director	$0	$0	$0
MUHAMMET AKTAS	SECRETARY	2.00	Officer Director	$0	$0	$0
TURK KOCAMAN	TREASURER	2.00	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
2025	$201,620	$223,163	$27,830	$-21,543
2019	$145,118	$129,030	$7,009	$16,088
2018	$162,075	$160,468	$2,123	$1,607

HERKUL FOUNDATION INC