SEMA FOUNDATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Phone

4804270050

Tax Period

2024-07-01 to 2025-06-30

SEMA FOUNDATION, founded in 2006, is a small nonprofit in the Religion sector that reported $372K in total revenue in fiscal year 2024.

Mission

THE ORGANIZATION OPERATES AS A RELIGIOUS ORGANIZATION & PROVIDES VARIOUS EDUCATIONAL & WORSHIP SERVICES, WHICH ARE MADE AVAILABLE TO ALL.

Program Service Accomplishments

Program 1

Expenses: $384,547

05. GENERAL EXPLANATION ATTACHMENT

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $316,429

Program Service Revenue $55,991

Investment Income $0

Other Revenue $0

TOTAL REVENUE $372,420

Expense Breakdown

Grants Paid $0

Salaries & Benefits $203,362

Fundraising Expenses $0

Program Expenses $384,547

Other Expenses $185,785

TOTAL EXPENSES $389,147

Year-over-Year Comparison

	2024	2023	Change
Revenue	$372,420	$389,498	0.0%
Expenses	$389,147	$423,368	-0.1%
Net Income	$-16,727	$-33,870	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CUNEYT AKCAY	PRESIDENT	1.00	Officer Director	$0	$0	$0
FEYZA YILMAZ	MEMBER	1.00	Director	$0	$0	$0
HUBEYB YALCIN	SECRETARY	1.00	Officer Director	$0	$0	$0
SARAH NASSER	MEMBER	1.00	Director	$0	$0	$0
MAHMUT ISIKTAS	MEMBER	1.00	Director	$0	$0	$0
GOKHAN MULTACI	MEMBER	1.00	Director	$0	$0	$0
HATICE PURKAYA	MEMBER	1.00	Director	$0	$0	$0
MELIH YALIN	MEMBER	1.00	Director	$0	$0	$0
VOLKAN TEKIN	TREASURER	1.00	Officer Director	$0	$0	$0
DERVIS ULUDAG	MEMBER	0.00	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
2025	$372,420	$389,147	$476,298	$-16,727
2024	$389,498	$423,368	$518,054	$-33,870
2023	$335,064	$392,821	$565,936	$-57,757
2022	$532,079	$368,212	$637,983	$163,867
2021	$285,891	$264,014	$99,525	$21,877
2020	$296,607	$240,033	$56,688	$56,574
2019	$287,650	$286,693	$18,914	$957
2018	$258,991	$267,003	$8,193	$-8,012