PEACE&HARMONY FOUNDATION INC

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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

2021

Legal Domicile

Principal Officer

KANYBEK IBRAEV

Phone

9043792915

Tax Period

2023-01-01 to 2023-12-31

PEACE&HARMONY FOUNDATION INC, founded in 2021, is a small nonprofit in the Education sector that reported $258K in total revenue in fiscal year 2023. Revenue surged 56% from the prior year, signaling strong growth momentum. Expenses of $247K left a modest 4% surplus.

Mission

Peace & Harmony Foundation Inc a non-profit organization that through a wide range of activities brings together local community members from various ethnic and religious backgrounds to facilitate dialogue..

Program Service Accomplishments

Program 1

Expenses: $215,259

Cultural events and gatherings are vehicles by which our community express itself. Without these activities it would be impossible to explain deep concepts such as hospitality, beauty and love. They also provides us the necessary... Istanbul Cultural Center promotes the preservation of Turkish language of the first generation Turkish-Americans. To achive this goal, we facilitate weekend school to our elementary aged students and youth development activities to teenagers. TURKISH COURSE FOR ADULTS AND CHILDREN, SUNDAY BRUNCHES, FRIDAY NIGHTS ACTIVITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $249,492

Program Service Revenue $8,906

Investment Income $0

Other Revenue $0

TOTAL REVENUE $258,398

Expense Breakdown

Grants Paid $0

Salaries & Benefits $41,746

Fundraising Expenses $0

Program Expenses $215,259

Other Expenses $205,200

TOTAL EXPENSES $246,946

Year-over-Year Comparison

	2023	2022	Change
Revenue	$258,398	$165,268	+0.6%
Expenses	$246,946	$113,000	+1.2%
Net Income	$11,452	$52,268	-0.8%

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

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
KANYBEK IBRAEV	PRESIDENT	2.000	Director	$0	$0	$0
ISAAC AKIN	VICE PRESIDENT	2.000	Director	$0	$0	$0
MELTEM ALTINTAS	TREASURER	2.000	Director	$0	$0	$0
ZEYNEP KAYA	SECRETARY	2.000	Director	$0	$0	$0
IBRAHIM ONBASI	MEMBER	2.000	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
2023	$258,398	$246,946	$93,100	$11,452