American Turkish Friendship Association is located in Chantilly, VA. The organization was established in 2006. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, American Turkish Friendship Association employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Turkish Friendship Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, American Turkish Friendship Association generated $731.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $757.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADDRESS THE SOCIAL AND CULTURAL NEEDS OF TURKISH AND AMERICAN FRIENDS LIVING IN THE UNITED STATES
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMERICAN TURKISH FRIENDSHIP ASSOCIATION HOSTS MULTICULTURAL EVENTS DEDICATED TO ADDRESSING THE SOCIAL AND CULTURAL NEEDS OF TURKISH AND AMERICAN FRIENDS LIVING IN THE WASHINGTON DC AREA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Hakan Atasever Executive Director | Officer | 40 | $76,792 |
Nevzat Celik CEO | Officer | 40 | $58,333 |
Fatih Demir Chairman | Trustee | 2 | $0 |
Asuman Mutlu Secretary | Trustee | 2 | $0 |
Mustafa Bozoklu Treasurer | Trustee | 2 | $0 |
Ahmet Cakmak Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $603,171 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $603,171 |
Total Program Service Revenue | $169,656 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $24,844 |
Net Gain/Loss on Asset Sales | -$65,926 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $731,745 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,514 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $342,038 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $91,169 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $277 |
Office expenses | $11,955 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $130,991 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $35,366 |
Interest | $23,299 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $17,880 |
Insurance | $2,782 |
All other expenses | $100,514 |
Total functional expenses | $757,785 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $131,438 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $148,000 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $466,879 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $746,317 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $442,053 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $15,239 |
Total liabilities | $457,292 |
Net assets without donor restrictions | $289,025 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $746,317 |
Over the last fiscal year, we have identified 2 grants that American Turkish Friendship Association has recieved totaling $126,903.
Awarding Organization | Amount |
---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $88,148 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $38,755 |
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