Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.73x
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
56th percentile
Higher net margin than 56% of similar nonprofits.
Top Officer Pay
35th percentile
Higher top officer pay than 35% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
34th percentile
Faster asset growth than 34% of similar nonprofits.
Revenue Growth
22nd percentile
Faster revenue growth than 22% of similar nonprofits.
Balance Sheet
Assets
Down$1,011,946
Down $12,297 (-1.2%) from 2016
Net Assets
Up$273,331
Up $11,851 (+4.5%) from 2016
Liabilities
Down$738,615
Down $24,148 (-3.2%) from 2016
Revenue And Expenses
Revenue
Down$222,479
Down $20,560 (-8.5%) from 2016
Expenses
Down$210,628
Down $8,212 (-3.8%) from 2016
Net Income
Down$11,851
Down $12,348 (-51%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- May 11, 2018
- Return Version
- 2017v2.3
- Gross Receipts
- $222,479
Mission and Program Overview
Mission
Cultural, educational, religious
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $1,016,761 | $995,466 | ▼ $21,295 |
| Cash and Non-Interest-Bearing Accounts | $7,482 | $16,480 | ▲ $8,998 |
| Total Assets | $1,024,243 | $1,011,946 | ▼ $12,297 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $644,972 | $619,820 | ▼ $25,152 |
| Unsecured Notes Loans Payable | $117,000 | $117,000 | → $0 |
| Other Liabilities | $791 | $1,795 | ▲ $1,004 |
| Total Liabilities | $762,763 | $738,615 | ▼ $24,148 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $261,480 | $273,331 | ▲ $11,851 |
| Total Net Assets Fund Balance | $261,480 | $273,331 | ▲ $11,851 |
| Total Liabilities and Net Assets / Fund Balance | $1,024,243 | $1,011,946 | ▼ $12,297 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $553,323 | $75,991 | $629,314 |
| Land | $398,138 | - | $398,138 |
| Leasehold Improvements | $42,635 | $25,778 | $68,413 |
| Equipment | $97 | $6,656 | $6,753 |
| Other Land Buildings | $1,273 | $5,375 | $6,648 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Ismail Akbulut | President |
| Bonita Bock | Director |
| Mustafa Aydin | Director |
| Ismail Demirkan | Secretary |
| Gulsum Katmer | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $145,202
- Program Service Revenue
- $77,277
- Investment Income
- $0
- Other Revenue
- $0
- All Other Contributions
- $145,202
- Change in Net Assets
- $11,851
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $145,742 |
| Salaries, Compensation, and Employee Benefits | $64,052 |
| Grants and Similar Amounts Paid | $834 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Comp Disqual Persons | $47,600 | $11,900 | - | $59,500 |
| Occupancy | $52,206 | - | - | $52,206 |
| Interest | - | $35,442 | - | $35,442 |
| Conferences and Meetings | $25,175 | - | - | $25,175 |
| Depreciation Depletion | - | $21,295 | - | $21,295 |
| Payroll Taxes | - | $4,552 | - | $4,552 |
| Insurance | - | $3,549 | - | $3,549 |
| Fees for Services Accounting | - | $2,940 | - | $2,940 |
| Other Expenses | $722 | $2,659 | - | $2,659 |
| Office Expenses | - | $1,113 | - | $1,113 |
| Grants to Domestic Orgs | $834 | - | - | $834 |
| Fees for Services Legal | - | $513 | - | $513 |
| Total Functional Expenses | $126,537 | $84,091 | $0 | $210,628 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Payroll tax payable | $1,075 |
| Federal income taxes | $720 |
| Security deposits | - |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- No
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Filing and Contact Details
Filer
- Filer Name
- Multicultural Mosaic Foundation
- EIN
- 03-0515223
- Phone
- 3037437281
- Address
- 10855 E BETHANY DR Room 300, AURORA, CO 80014
Signing Officer
- Name
- Ismail Akbulut
- Title
- President
- Signed
- 2018-05-11
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Ismail Akbulut
- Formed
- 2003
- Legal Domicile
- Co
- Voting Board Members
- 5
- Independent Board Members
- 0
- Employees
- 1
Preparer
- Firm
- K & L Associates Pc
- Address
- 10200 E GIRARD AVE STE A410, DENVER, CO 80231
- Preparer
- Kyung-joon Lee
- Phone
- 3033370442
Supplemental Narrative
Additional Explanations
Form 990, Part III, Line 4A
“1/15/2017 Cooking Class - Cultural Class”
Form 990, Part III, Line 4A
“1/9/2017 Turkish Classes Beginner, Intermediate, Advanced - Language Class”
Form 990, Part III, Line 4A
“1/21/2017 Syrias Humanitarian Crisis - Speaker Series”
Form 990, Part III, Line 4A
“2/8/2017 Temple Grandin - Speaker Series”
Form 990, Part III, Line 4A
“2/12/2017 Rumi A Paragon of Love - Speaker Series”
Form 990, Part III, Line 4A
“2/19/2017 Cooking Class - Featuring Flat Bread with Ground Meat and Vegetables - Cultural Class”
Form 990, Part III, Line 4A
“2/25/2017 Around the Fountain Civil Rights and the Liberative Power of Education - Cultural Class”
Form 990, Part III, Line 4A
“3/12/2017 Cooking Class Featuring Fish and Kunefe - Cultural Class”
Form 990, Part III, Line 4A
“3/18/2017 How Evangelicals Look at the Future - Speaker Series”
Form 990, Part III, Line 4A
“4/9/2017 Cooking Class Featuring Guvec and Pilav - Cultural Class”
Form 990, Part III, Line 4A
“4/29/2017 Art and Food Fair Live Sufi Music - Speaker Series”
Form 990, Part III, Line 4A
“4/8/2017 Around the Fountain Modest Dress in Abrahamic Traditions - Cultural Class”
Form 990, Part III, Line 4A
“4/22/2017 Community Resilience to Violent Extremism in Colorado - Speaker Series”
Form 990, Part III, Line 4A
“4/30/2017 The Sultan and the Saint - Film Screening - Speaker Series”
Form 990, Part III, Line 4A
“4/17/2017 Lets Learn Turkish Language Classes - Language Class”
Form 990, Part III, Line 4A
“5/21/2017 Cooking Class - Cultural Class”
Form 990, Part III, Line 4A
“5/6/2017 Around the Fountain Fasting on Ramadan and Yom Kippur - Cultural Class”
Form 990, Part III, Line 4A
“5/13/2017 Discovering Islam - Islam 101 - Cultural Class”
Form 990, Part III, Line 4A
“6/10/2017 Ramadan Iftar with Panel on Women in Islam Oppression vs. Liberation - Speaker Series”
Form 990, Part III, Line 4A
“6/3/2017 Ebru - Water Marbling Classes in June and July - Cultural Class”
Form 990, Part III, Line 4A
“7/24/2017 Lets Learn Turkish Language Classes - Language Class”
Form 990, Part III, Line 4A
“8/19/2017 Around the Fountain The Freedom of Religion, The Concept of War, and Gulen - Cultural Class”
Form 990, Part III, Line 4A
“8/20/2017 Cooking Class - Cultural Class”
Form 990, Part III, Line 4A
“9/16/2017 Seminar Help me understand - Collaboration and understanding around difficult conversations - Speaker Series”
Form 990, Part III, Line 4A
“9/24/2017 Cooking Class - Cultural Class”
Form 990, Part III, Line 4A
“09/23/2017 Art and Food Fair Live Music - Speaker Series”
Form 990, Part III, Line 4A
“10/7/2017 Around the Fountain Countering Violent Extremism - What happens in Molenbeek Matters in Milwaukee - Cultural Class”
Form 990, Part III, Line 4A
“10/21/2017 Being Muslim in America Premier Film Showing and Panel Discussion - Speaker Series”
Form 990, Part III, Line 4A
“11/5/2017 Cooking Class - Cultural Class”
Form 990, Part III, Line 4A
“11/18/2017 Around the Fountain Abraham - A story of True Submission - Cultural Class”
Form 990, Part III, Line 4A
“12/31/2017 Art Classes Every Saturday - Cultural Class”
Raw XML AppendixShowing 400 of 422 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
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| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | MULTICULTURAL MOSAIC FOUNDATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3037437281 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 10855 E BETHANY DR STE 300 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | AURORA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CO |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 80014 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 7482 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 16480 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 0 |
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| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 25175 |
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| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 834 |
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| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 64052 |
| IRS990/CYTotalExpensesAmt | 0 | 210628 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 222479 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | false |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 21295 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 21295 |
| IRS990/Desc | 0 | See Schedule O |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DistributionToDonorInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 1 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 126537 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 2940 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 2940 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 513 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 513 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 006.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ISMAIL AKBULUT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ISMAIL DEMIRKAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | GULSUM KATMER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | BONITA BOCK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MUSTAFA AYDIN |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 2003 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 834 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 834 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 222479 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 3549 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 3549 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 35442 |
| IRS990/InterestGrp/TotalAmt | 0 | 35442 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 113800 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1016761 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 995466 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1109266 |
| IRS990/LegalDomicileStateCd | 0 | CO |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | false |
| IRS990/MinutesOfGoverningBodyInd | 0 | false |
| IRS990/MissionDesc | 0 | CULTURAL, EDUCATIONAL, RELIGIOUS |
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| IRS990/MoreThan5000KToOrgInd | 0 | false |
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| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 619820 |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 273331 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
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| IRS990/OccupancyGrp/TotalAmt | 0 | 52206 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 1113 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1113 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
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| IRS990/OtherExpensesGrp/Desc | 1 | Dues and subscriptions |
| IRS990/OtherExpensesGrp/Desc | 2 | Telephone and internet |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 1021 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 246 |
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| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 71288 |
| IRS990/PYTotalExpensesAmt | 0 | 218840 |
| IRS990/PYTotalRevenueAmt | 0 | 243039 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 11851 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
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Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $1,011,946
- Liabilities
- $738,615
- Net assets
- $273,331
- Revenue
- $222,479
- Expenses
- $210,628
- Net income
- $11,851