Kurdish Cultural Center of Illinois

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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

2017

Legal Domicile

Principal Officer

Osman Cen

Phone

7733125873

Tax Period

2018-01-01 to 2018-12-31

Kurdish Cultural Center of Illinois, founded in 2017, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $7K in total revenue in fiscal year 2018. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $6K left a modest 6% surplus.

Mission

The mission of The Kurdish Cultural Center of Illinois is to provide a platform for Kurds, and those interested in the Kurdish language, culture, and history to explore, learn, preserve, and share the Kurdish Heritage

Program Service Accomplishments

Program 1

Expenses: $5,643 Revenue: $6,870

Kurdish Newroz New Years Eve Celebration in Kurdish Tradition

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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 (2018)

Revenue Breakdown

Contributions & Grants $6,205

Program Service Revenue $665

Investment Income $0

Other Revenue $0

TOTAL REVENUE $6,870

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,643

Other Expenses $6,461

TOTAL EXPENSES $6,461

Year-over-Year Comparison

	2018	2017	Change
Revenue	$6,870	$20,012	-0.7%
Expenses	$6,461	$16,581	-0.6%
Net Income	$409	$3,431	-0.9%

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
Osman Cen	President	005.00	Officer Director	$0	$0	$0
Esma Alp Armagan	Vice President	005.00	Officer Director	$0	$0	$0
Mehnush Hameie	Vice President	005.00	Officer Director	$0	$0	$0
Bawer Broosk	Secretary	005.00	Officer Director	$0	$0	$0
Ramazan Balikci	Treasurer	005.00	Officer Director	$0	$0	$0
Gonul Duzer	Member	005.00	Director	$0	$0	$0
Bahadin Hawar Kerborani	Member	005.00	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
2018	$6,870	$6,461	$3,840	$409