The information for Trustees Of Robert College Of Istanbul is as of the organization's most recent filing in June '21. This organization is located in New York, NY. It has been in existence for 74 years, following its founding in 1947.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Trustees Of Robert College Of Istanbul's NTEE code is Q30. The "Q" tells us that the organization is classified along with International, Foreign Affairs & National Security. The "30" tells us that the organization is focused on International Development. The NTEE describes International Development organizations as those that provide technical assistance training and material resources to support the capacity-building efforts of nations outside the U.S., with a focus on various sectors such as agriculture, health, education, social welfare, small business development, and industrial growth. The organization's mission is to provide teachers, administrators, and facilities for a secondary school in Istanbul, Turkey.
Program Area 1: The organization operates a secondary school in Istanbul, Turkey with an enrollment of approximately 1,040 students. This includes 855 day students and 185 boarding students. The school provides classroom and other facilities, equipment, dorms, faculty, and administrative services for these students. Within the general fund, all revenues, support, and functional expenses that are not specifically reported by another fund or program are reported for this program area.
Program Area 2: The organization operates a secondary school in Istanbul, Turkey, with an enrollment of approximately 1,040 students. This includes 855 day students and 185 boarding students. The school provides classroom and other facilities, equipment, dorms, as well as faculty and administrative services for these students.
Trustees Of Robert College Of Istanbul has 50 employees, with 6 of them being paid over $100k according to the organization's most recent 990 tax filing. Supporting the paid staff are 26 volunteers.
The Trustees of Robert College of Istanbul appears to be a well-governed non-profit organization based on the provided information. The organization has a total of 24 voting members, all of whom are independent, indicating a diverse and unbiased decision-making process. This ensures that the organization's interests are prioritized over personal agendas. Furthermore, the absence of potential conflicts of interest within the organization is a positive sign of good governance. This suggests that the board members are solely focused on advancing the mission and objectives of the organization, rather than benefiting themselves or other affiliated entities. The fact that the organization has not delegated management to an outside firm indicates that the board is actively involved in overseeing the operations and strategic direction of the organization. This hands-on approach allows for greater transparency and accountability, as the board members are directly responsible for decision-making and ensuring the organization's resources are utilized effectively. The documentation of board meetings and committee meetings is another testament to the organization's commitment to transparency. This practice ensures that all discussions, decisions, and actions taken by the board are properly recorded, providing a clear record of the organization's governance and decision-making processes. The presence of conflict of interest policy, disclosure requirements, whistleblower policy, and document retention policy further demonstrates the organization's commitment to ethical conduct and accountability. These policies help prevent and address any potential conflicts or misconduct within the organization, ensuring that the best interests of the non-profit are protected. Additionally, the organization's practice of substantiating and reviewing leadership and officer's salaries, as well as providing copies of the 990 form to the board prior to filing, showcases a commitment to financial transparency and responsible use of funds. This ensures that the organization's leadership is compensated fairly and that financial information is readily available to the board for review and oversight. Overall, the Trustees of Robert College of Istanbul appears to have a robust governance structure in place, with policies and practices that promote transparency, accountability, and ethical conduct. These qualities are essential for a non-profit organization to effectively fulfill its mission, serve its beneficiaries, and maintain the trust of its stakeholders.
The nonprofit organization, Trustees Of Robert College Of Istanbul, has experienced a decrease in various aspects of its operations over the given time period. Contributions and grants received decreased from $5.0 million in 2014 to $4.5 million in 2020. Program service revenue also decreased from $22.3 million in 2014 to $15.4 million in 2020. Investment income decreased from $163.5 thousand in 2014 to $154.7 thousand in 2020. Total revenue decreased from $27.5 million in 2014 to $20.1 million in 2020. Grants paid decreased from $5.1 million in 2014 to $3.5 million in 2020. Employee salaries decreased from $16.0 million in 2014 to $14.4 million in 2020. Total expenses decreased from $27.1 million in 2014 to $19.6 million in 2020. Additionally, the organization had fewer employees and volunteers, with total employees decreasing from 54 in 2014 to 50 in 2020, and total volunteers decreasing from 32 in 2014 to 26 in 2020. Overall, the nonprofit organization has experienced a decline in its growth and various aspects of its operations over the given time period.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Adam Oliver Head Of School | Officer | 37.5 | $284,018 |
Umran Ungun Associate Head Of School/c | Officer | 37.5 | $172,538 |
Maria Orhon Academic Director (part Year) | 37.5 | $121,900 | |
Joseph Welch Dean Of Student Activities | 37.5 | $108,720 | |
Maura Kelly Dean Of Faculty/administrative Director | 37.5 | $106,570 | |
Eren Kaya Director Of The New York Office | 37.5 | $102,917 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Iss Tesis Yonetim Hiz As Janitorial Services | 6/29/21 | $284,406 |
Akay Elektrik-ayhan Akbasoglu Renecal Of Electricity Infrastructure | 6/29/21 | $204,948 |
Iss Proser Koruma Ve Guvenlik Hiz As Security Services | 6/29/21 | $206,744 |
Askur Yemek Uretim Ve Hizmet As Food Services | 6/29/21 | $189,860 |
Pozitif Teknoloji Ticaret Ltd Sti It Repair Maintenance Service | 6/29/21 | $205,764 |
Iss Tesis Yonetim Hiz As Janitorial Services | 6/29/21 | $284,406 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $4,004,624 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $540,794 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,545,418 |
Total Program Service Revenue | $15,401,378 |
Investment income | $154,650 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $20,101,446 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $3,502,276 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $528,843 |
Compensation of current officers, directors, key employees. | $528,843 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $7,006,817 |
Pension plan accruals and contributions | $920,699 |
Other employee benefits | $1,519,140 |
Payroll taxes | $2,759,790 |
Fees for services: Management | $0 |
Fees for services: Legal | $39,222 |
Fees for services: Accounting | $21,618 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $139,703 |
Advertising and promotion | $0 |
Office expenses | $382,658 |
Information technology | $304,161 |
Royalties | $0 |
Occupancy | $1,267,973 |
Travel | $46,889 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $66,437 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $704,580 |
Insurance | $69,416 |
All other expenses | $36,816 |
Total functional expenses | $19,567,492 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $191,467 |
Savings and temporary cash investments | $4,052,356 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $105,652 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $4,593 |
Prepaid expenses and deferred charges | $623,867 |
Net Land, buildings, and equipment | $5,707,957 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $10,685,892 |
Accounts payable and accrued expenses | $1,144,762 |
Grants payable | $0 |
Deferred revenue | $5,218,928 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $618,903 |
Total liabilities | $6,982,593 |
Net assets without donor restrictions | $3,703,299 |
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 | $10,685,892 |
Over the last fiscal year, we have identified 7 grants that Trustees Of Robert College Of Istanbul has recieved totaling $57,300.
Awarding Organization | Amount |
---|---|
Alexander Shashaty Family Foundation Inc New York, NY PURPOSE: CHARITABLE | $24,500 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $18,916 |
Ora Foundation Wilmington, DE PURPOSE: GENERAL PURPOSE | $10,000 |
Mutual Of America Foundation New York, NY PURPOSE: GENERAL OPERATING PURPOSE | $2,500 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 11/03/21 | $800 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 01/12/21 | $500 |
Beg. Balance | $107,802,768 |
Earnings | $30,900,058 |
Admin Expense | $53,497 |
Net Contributions | $988,781 |
Grants | $3,750,000 |
Ending Balance | $135,888,110 |
Organization Name | Assets | Revenue |
---|---|---|
Citihope International Inc Margaretsville, NY | $17,709,063 | $34,849,219 |
American Jewish World Service Inc New York, NY | $71,781,906 | $45,997,172 |
Pro Mujer Inc New York, NY | $221,412,399 | $46,513,948 |
End Fund Inc New York, NY | $37,486,570 | $35,034,243 |
Mass Design Group Boston, MA | $18,857,873 | $26,613,676 |
International Planned Parenthood Federation New York, NY | $125,289,147 | $35,794,628 |
Hope International Lancaster, PA | $24,473,719 | $28,112,600 |
International School Of Kenya Foundation Inc Princeton, NJ | $4,652,722 | $24,555,345 |
Trustees Of Robert College Of Istanbul New York, NY | $10,685,892 | $20,101,446 |
American School In London Foundation Princeton, NJ | $2,370,011 | $19,085,987 |
American Community School At Beirut -Lebanon New York, NY | $38,176,805 | $18,283,695 |
Global Hunger Project New York, NY | $18,451,641 | $18,515,873 |