Civic Intelligence

The American Turkish Society Inc

EIN 13-1978281 • 501(c)3 • New York, NY

View Organization Page

Profile

The american turkish society's mission is to enhance business, economic, and cultural ties between turkey and the united states.

2 Park AvenueNew York, NY 10016

americanturkishsociety.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

34th percentile

0.01x

Higher debt load relative to assets than 34% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

36th percentile

0.03x

Higher debt load relative to revenue than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

77th percentile

25%

Higher net margin than 77% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

71st percentile

13%

Faster asset growth than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

49th percentile

6.7%

Faster revenue growth than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets34th percentile

Assets

Up

$1,787,084

Up $208,706 (+13%) from 2023

Liabilities

Down

$23,020

Down $11,368 (-33%) from 2023

Net Assets

Up

$1,764,064

Up $220,074 (+14%) from 2023

Operations
Liabilities / Revenue36th percentileNet Margin77th percentile

Revenue

Up

$875,521

Up $54,720 (+6.7%) from 2023

Expenses

Up

$655,447

Up $94,644 (+17%) from 2023

Net Income

Down

$220,074

Down $39,924 (-15%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth71st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $5,109,469Liabilities 2010: $40,726Net Assets 2010: $5,068,7432010Assets 2011: $5,156,019Liabilities 2011: $18,334Net Assets 2011: $5,137,6852011Assets 2012: $5,416,441Liabilities 2012: $48,789Net Assets 2012: $5,367,6522012Assets 2013: $5,237,931Liabilities 2013: $28,094Net Assets 2013: $5,209,8372013Assets 2014: $4,818,555Liabilities 2014: $33,538Net Assets 2014: $4,785,0172014Assets 2015: $4,697,078Liabilities 2015: $41,915Net Assets 2015: $4,655,1632015Assets 2016: $4,355,301Liabilities 2016: $17,372Net Assets 2016: $4,337,9292016Assets 2017: $4,357,730Liabilities 2017: $14,340Net Assets 2017: $4,343,3902017Assets 2018: $4,302,673Liabilities 2018: $11,354Net Assets 2018: $4,291,3192018Assets 2019: $383,935Liabilities 2019: $19,794Net Assets 2019: $364,1412019Assets 2020: $503,268Liabilities 2020: $20,007Net Assets 2020: $483,2612020Assets 2021: $1,087,463Liabilities 2021: $21,250Net Assets 2021: $1,066,2132021Assets 2022: $1,306,639Liabilities 2022: $22,647Net Assets 2022: $1,283,9922022Assets 2023: $1,578,378Liabilities 2023: $34,388Net Assets 2023: $1,543,9902023Assets 2024: $1,787,084Liabilities 2024: $23,020Net Assets 2024: $1,764,0642024

Highlighted filing

2024

Assets$1,787,084
Liabilities$23,020
Net Assets$1,764,064
Open 2024 Filing

Operations Trend

Revenue Growth49th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2010: $223,564Expenses 2010: $448,555Net Income 2010: -$224,9912010Revenue 2011: $460,325Expenses 2011: $391,383Net Income 2011: $68,9422011Revenue 2012: $625,964Expenses 2012: $395,997Net Income 2012: $229,9672012Revenue 2013: $306,507Expenses 2013: $464,322Net Income 2013: -$157,8152013Revenue 2014: $147,616Expenses 2014: $569,936Net Income 2014: -$422,3202014Revenue 2015: $435,261Expenses 2015: $565,115Net Income 2015: -$129,8542015Revenue 2016: $114,864Expenses 2016: $432,098Net Income 2016: -$317,2342016Revenue 2017: $377,177Expenses 2017: $371,716Net Income 2017: $5,4612017Revenue 2018: $374,377Expenses 2018: $426,448Net Income 2018: -$52,0712018Revenue 2019: $722,807Expenses 2019: $459,985Net Income 2019: $262,8222019Revenue 2020: $445,852Expenses 2020: $326,732Net Income 2020: $119,1202020Revenue 2021: $1,102,621Expenses 2021: $519,669Net Income 2021: $582,9522021Revenue 2022: $775,770Expenses 2022: $557,991Net Income 2022: $217,7792022Revenue 2023: $820,801Expenses 2023: $560,803Net Income 2023: $259,9982023Revenue 2024: $875,521Expenses 2024: $655,447Net Income 2024: $220,0742024

Highlighted filing

2024

Revenue$875,521
Expenses$655,447
Net Income$220,074
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,787,084
Liabilities
$23,020
Net assets
$1,764,064
Revenue
$875,521
Expenses
$655,447
Net income
$220,074
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.79$0.02$1.76$0.88$0.66$0.22
2023Detailed filing. Detailed filing data is available for this year.$1.58$0.03$1.54$0.82$0.56$0.26
2022Detailed filing. Detailed filing data is available for this year.$1.31$0.02$1.28$0.78$0.56$0.22
2021Detailed filing. Detailed filing data is available for this year.$1.09$0.02$1.07$1.10$0.52$0.58
2020Detailed filing. Detailed filing data is available for this year.$0.50$0.02$0.48$0.45$0.33$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.38$0.02$0.36$0.72$0.46$0.26
2018Detailed filing. Detailed filing data is available for this year.$4.30$0.01$4.29$0.37$0.43$0.05
2017Detailed filing. Detailed filing data is available for this year.$4.36$0.01$4.34$0.38$0.37$0.01
2016Detailed filing. Detailed filing data is available for this year.$4.36$0.02$4.34$0.11$0.43$0.32
2015Detailed filing. Detailed filing data is available for this year.$4.70$0.04$4.66$0.44$0.57$0.13
2014Detailed filing. Detailed filing data is available for this year.$4.82$0.03$4.79$0.15$0.57$0.42
2013Summary only. Only limited summary data is available for this year.$5.24$0.03$5.21$0.31$0.46$0.16
2012Summary only. Only limited summary data is available for this year.$5.42$0.05$5.37$0.63$0.40$0.23
2011Summary only. Only limited summary data is available for this year.$5.16$0.02$5.14$0.46$0.39$0.07
2010Summary only. Only limited summary data is available for this year.$5.11$0.04$5.07$0.22$0.45$0.22
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.0
Gross Receipts
$3,210,737
Mission and Program Overview

Mission

The american turkish society's mission is to enhance business, economic, and cultural ties between turkey and the united states.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$1,396,015-
Pledges and Grants Receivable$43,546$224,401▲ $180,855
Cash and Non-Interest-Bearing Accounts$1,534,186$109,911▼ $1,424,275
Prepaid Expenses and Deferred Charges$646$56,757▲ $56,111
Total Assets$1,578,378$1,787,084▲ $208,706
Liabilities
Accounts Payable and Accrued Expenses$34,388$23,020▼ $11,368
Total Liabilities$34,388$23,020▼ $11,368
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,543,990$1,624,064▲ $80,074
Net Assets With Donor Restrictions-$140,000-
Total Net Assets Fund Balance$1,543,990$1,764,064▲ $220,074
Total Liabilities and Net Assets / Fund Balance$1,578,378$1,787,084▲ $208,706
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Orcun DogancaliExecutive DiFT$108,500$21,264$129,764

Board Members and Trustees

NameTitle
Linda WachnerCo Chair
Suzan Sabanci DincerCo Chair
Banu BasarVice Chair
Kerem KamisliVice Chair
Ahmet OkumusBoard Member
Andrew CohenBoard Member
Arzuhan Dogan-yalcindagBoard Member
Barbaros KaraahmetBoard Member
Can KendiBoard Member
Cem TopcuogluBoard Member
Cenk UluBoard Member
Dr Tamer SeckinBoard Member
Eren BaliBoard Member
Ertem OsmanogluBoard Member
Hamdi UlukayaBoard Member
Murat OzyeginBoard Member
Nevzat AydinBoard Member
Pelin Akin OzalpBoard Member
Saad TomaBoard Member
Selin GulcelikBoard Member
Yesim PhilipBoard Member
Zeynep YenelBoard Member
Metin NegrinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,204,153
Program Service Revenue
$0
Investment Income
$44,268
Other Revenue
$-372,900
All Other Contributions
$380,658
Change in Net Assets
$220,074

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$50,000
Total Noncash Contributions1$50,000

Audited Revenue Reconciliation

Revenue per Audited Statements
$875,521
Total Revenue per Audited Statements
$875,521
Total Revenue per Form 990
$875,521
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$284,617
Grants and Similar Amounts Paid$231,650
Total Fundraising Expense$201,496
Salaries, Compensation, and Employee Benefits$139,180
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$130,000--$130,000
Current Officers, Directors, Trustees, and Key Employees$97,349$25,960$6,490$129,799
Grants to Domestic Orgs$84,650--$84,650
Fees for Services Accounting-$52,174-$52,174
Office Expenses$10,391$2,771$21,574$34,736
Grants to Domestic Individuals$17,000--$17,000
Payroll Taxes$7,036$1,876$469$9,381
Travel$5,523$1,473$368$7,364
Other Expenses$3,990$1,063$266$5,319
Insurance$2,859$762$191$3,812
Occupancy$2,444$652$163$3,259
Advertising$283$75$19$377
Fees for Services Legal-$275-$275
Fees for Services Other$120--$120
Total Functional Expenses$365,770$88,181$201,496$655,447

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$655,447
Total Expenses per Audited Statements$655,447
Total Expenses per Form 990$655,447
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Berklee College of MusicBoston, MA501c3Scholarship$48,150
The Juilliard SchoolNew York, NY501c3Fellowship$30,000
Sva Alumni Society IncNew York, NY501c3Scholarship$6,500

International Summary

Spending
$130,000

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeProgram ServicesGrants to Recipient--$130,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$538,050
Fundraising Gross Income$165,150
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$930,000$165,150$262,205$-97,055
Total Events$930,000$165,150$538,050$-372,900
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The organization submits the draft returns to the board of directors for review and comments and approval before filing.”

Form 990, Page 6, Part VI, Line 12C

“The conflict of interest policy is reviewed by the board annually. All board members and employees are asked to disclose and report any potential conflicts.”

Form 990, Page 6, Part VI, Line 15A

“The organization used salary surveys and comparable data to establish compensation rates for key personnel. The compensation committee sets the compensation for the executive director in consultation with the rest of the board of directors by comparing compensation data in salary surveys for similar organizations, positions,, and responsibilities, and also based on an annual performance evaluation.”

Form 990, Page 6, Part VI, Line 18

“Form 990 is available on guidestar.org.”

Form 990, Page 6, Part VI, Line 19

“The audited financial statements, form 990 and policy statements are available upon receipt of a written request.”

Filing and Contact Details

Filer

Filer Name
The American Turkish Society Inc
EIN
13-1978281
Phone
9177453516
Address
2 PARK AVENUE, NEW YORK, NY 10016

Signing Officer

Name
Metin Negrin
Title
Treasurer
Phone
9177453516
Signed
2025-11-11

Organization Details

Principal Officer
Orcun Dogancali
Formed
1949
Legal Domicile
Ny
Voting Board Members
23
Independent Board Members
23
Employees
1
Volunteers
23

Preparer

Firm
Galleros Robinson
Address
488 MADISON AVE RM 2005, NEW YORK, NY 10022
Preparer
Derek Flanagan
Phone
6469210400
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII, Line 2C

“The process has not changed from prior year.”

Financial Statement Notes

Schedule D, Page 3, Part X

“The society applies the provisions pertaining to uncertain tax provisions, financial accounting standards board (fasb) accounting standards codification (asc) topic 740, and has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements. The society is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The society believes it is no longer subject to income tax examinations for years prior to 2021.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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