Turkish-American Cultural Foundation is located in San Jose, CA. According to its NTEE Classification (X40) the organization is classified as: Islam, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Turkish-American Cultural Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO CONVEY THE TRUE SPIRITUAL AND MORAL VALUES OF ISLAM AND PROVIDE SOCIAL, CULTURAL, AND EDUCATIONAL PROGRAMS TO PRESERVE, PROMOTE AND TEACH TURKISH LANGUAGE, HISTORY, CULTURE AND TRADITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DUE TO RENOVATION WORK, WE HAVE NOT BEEN ABLE TO START ANY OF THE PLANNED TEACHING SERVICES YET. HOWEVER, WITH A PARTIAL PERMIT TO OFFER RELIGIOUS SERVICES, WE STARTED OFFERING DAILY PRAYERS. FOR SOME OF THE PROGRAMS, WE HAVE USED RENTAL SPACES OR PARTNERED WITH OTHER NON-PROFIT ORGANIZATIONS TO USE THEIR SPACES. IN SUCH CASES, WE HAD LARGE GATHERINGS FOR RAMADAN PROGRAMS, INCLUDING IFTAR (DINNER), SPECIAL RELIGIOUS NIGHT PROGRAMS (RAJAB, SHABAAN, LAYLAT-UL QADR) AND EID PRAYERS. ON THE SOCIAL AND COMMUNITY AT LARGE FRONT, WE HAVE BEEN HAVING MONTHLY LUNCH FOR THE HOMELESS PROGRAMS, CULTURAL DAY IN THE BAY, BEAUTIFY PARKS WITH CITY OF SAN JOSE, PARTICIPATE VOLUNTEER PROGRAMS TO CLEAN THE PARKS AND BUILT HOMES ORGANIZED BY THE HABITAT FOR HUMANITY-GREATER SAN FRANCISCO.ONE OF THE LARGEST ACTIVITY THAT OUR ORGANIZATION UNDERTOOK WAS IN RESPONSE TO THE DEVASTATING EARTHQUAKES THAT HAPPENED IN TURKIYE WHERE OVER 50 THOUSAND PEOPLE GOT PERISHED IN FEBRUARY OF 2023. DURING THE COURSE OF 3 MONTHS (FEB-MAR-APRIL), OUR MEMBERS RALLIED UP TO DONATE + COLLECT MUCH NEEDED WINTER CLOTHING-BLANKETS, MEDICINE AND MEDICAL DEVICES FILLING UP 30 CONTAINERS AND SHIPPED THEM VIA TURKISH AIRLINES TO THE REGION WHERE THEY WERE NEEDED. IN ADDITION, OUR ORGANIZATION COLLECTED OVER $600K FOR THE VICTIMS OF THE QUAKES AND TRANSFERRED THE FUNDS TO THE DIYANET CENTER OF AMERICA WHICH IN TURN TRANSFERRED THEM TO THE TURKISH AFAD AND KIZILAY IN CHARGE OF HELPING THE VICTIMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Adam Arz Board Member | Trustee | 0.5 | $0 |
Baki Yasar Board Member | Trustee | 0.5 | $0 |
Ali Atesoglu Secretary | OfficerTrustee | 0.5 | $0 |
Oguz Olcay Chief Executive Officer | OfficerTrustee | 0.5 | $0 |
Suleyman Yesilyurt Chief Financial Officer | OfficerTrustee | 3.5 | $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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $0 |
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 | $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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
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 | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $13,612 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $49,605 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $78,431 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
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 | $1,840,647 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,919,078 |
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 | $0 |
Unsecured mortgages and notes payable | $609,000 |
Other liabilities | $0 |
Total liabilities | $609,000 |
Net assets without donor restrictions | $1,310,078 |
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 | $1,919,078 |