Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
Hif Corp
EIN 45-4156355 • 501(c)3 • Los Angeles, CA
Profile
To promote awareness of Turkish Cinema in the West Coast, to provide future networking relations among young filmmakers and to give the creative crew members (Director, Writer, Producer and Director of Photography)the opportunity to showcase their work in the heart of Los Angeles.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.08x
Liabilities / Revenue
70th percentile
Higher debt load relative to revenue than 70% of similar nonprofits.
Net Margin
67th percentile
Higher net margin than 67% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
83rd percentile
Faster revenue growth than 83% of similar nonprofits.
Balance Sheet
Assets
Up$24,890
Up $23,038 (+1244%) from 2013
Liabilities
$2,000
No earlier filing loaded for comparison.
Net Assets
Up$22,890
Up $21,038 (+1136%) from 2013
Revenue
Up$160,650
Up $51,076 (+47%) from 2013
Expenses
Up$139,612
Up $29,878 (+27%) from 2013
Net Income
Up$21,038
Up $21,198 (+13249%) from 2013
Trend Graphs
Filings
Most recent year
2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $24,890
- Liabilities
- $2,000
- Net assets
- $22,890
- Revenue
- $160,650
- Expenses
- $139,612
- Net income
- $21,038
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2014 to Dec 31, 2014
- Signed
- May 14, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $160,650
Mission and Program Overview
Mission
To promote awareness of Turkish Cinema in the West Coast, to provide future networking relations among young filmmakers and to give the creative crew members (Director, Writer, Producer and Director of Photography)the opportunity to showcase their work in the heart of Los Angeles.
To promote awareness of turkish cinema in the west coast, to provide future networking relations among young filmmakers and to give the creative crew members (director, writer, producer, and director of photography) the opportunity to showcase their work in the heart of los angeles.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SEE SCHEDULE O | - | $87,865 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MEHMET GUNGOREN | CEO | - | $0 | - | - |
| NECMETTIN SANCAK | CFO | - | $0 | - | - |
| CENK ERTURK | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Hif Corp
- EIN
- 45-4156355
- Phone
- 3108668406
- Address
- 2332 S BEVERLY GLEN BLVD APT 5, LOS ANGELES, CA 90064
Signing Officer
- Name
- Mehmet Gungoren
- Title
- CEO
- Phone
- 3108668406
- Signed
- 2015-05-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Farkas Accounting and Tax Advisors Inc
- Address
- 2173 Salk Ave Ste 250, Carlsbad, CA 92008
- Preparer
- Andy Farkas
- Phone
- 7602374000
Supplemental Narrative
Additional Explanations
Other
“Form 990-ez, part iii, line 28 - statement of program service accomplishmentslatff (los angeles turkish film festival) march 6 through march 9 2014. Los angeles turkish film festival is an event organized by hif corp. The purpose of latff is to promote awarness of turkish cinema in the west coast, to provide future networking relations among young filmmakers, and to give the creative crew members (director, writer, producer, and director of photography) the opportunity to showcase their work in the heart of los angeles.”
Form 990EZ, Part I, Line 16
“Advertising 3116. Bank fees 362. Business registration fees 38. Festival expenses 52666. Meals 3366. Supplies 13818. Telephone expenses 16. Insurance 1654. Travel and meetings 25005.”
Form 990EZ, Part II, Line 24
“Security deposits 1750. 1750. Loan receivables 0. 22600.”
Form 990EZ, Part II, Line 26
“LOAN PAYABLES 0. 2000.”
Raw XML Appendix134 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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| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8183576948 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 15145 SPRINGDALE ST |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | HUNTINGTON BEACH |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 92649 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 102 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 540 |
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| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 81898 |
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| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 1852 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 24890 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 160650 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 1852 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MEHMET GUNGOREN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | NECMETTIN SANCAK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CENK ERTURK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CEO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | CFO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 1750 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 24350 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 100041 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROMOTE AWARENESS OF TURKISH CINEMA IN THE WEST COAST, TO PROVIDE FUTURE NETWORKING RELATIONS AMONG YOUNG FILMMAKERS AND TO GIVE THE CREATIVE CREW MEMBERS (DIRECTOR, WRITER, PRODUCER, AND DIRECTOR OF PHOTOGRAPHY) THE OPPORTUNITY TO SHOWCASE THEIR WORK IN THE HEART OF LOS ANGELES. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 5454 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 78752 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SEE SCHEDULE O |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 87865 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 2000 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 139612 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 87865 |
| IRS990EZ/TotalRevenueAmt | 0 | 160650 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 160651 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 109574 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 270225 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 236034 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 34191 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 160651 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 109574 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 270225 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 270225 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FORM 990-EZ, PART III, LINE 28 - STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTSLATFF (LOS ANGELES TURKISH FILM FESTIVAL) MARCH 6 THROUGH MARCH 9 2014. LOS ANGELES TURKISH FILM FESTIVAL IS AN EVENT ORGANIZED BY HIF CORP. THE PURPOSE OF LATFF IS TO PROMOTE AWARNESS OF TURKISH CINEMA IN THE WEST COAST, TO PROVIDE FUTURE NETWORKING RELATIONS AMONG YOUNG FILMMAKERS, AND TO GIVE THE CREATIVE CREW MEMBERS (DIRECTOR, WRITER, PRODUCER, AND DIRECTOR OF PHOTOGRAPHY) THE OPPORTUNITY TO SHOWCASE THEIR WORK IN THE HEART OF LOS ANGELES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ADVERTISING 3116. BANK FEES 362. BUSINESS REGISTRATION FEES 38. FESTIVAL EXPENSES 52666. MEALS 3366. SUPPLIES 13818. TELEPHONE EXPENSES 16. INSURANCE 1654. TRAVEL AND MEETINGS 25005. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | SECURITY DEPOSITS 1750. 1750. LOAN RECEIVABLES 0. 22600. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | LOAN PAYABLES 0. 2000. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990EZ, Part II, Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990EZ, Part II, Line 26 |
| ReturnHeader/BuildTS | 0 | 2016-02-25 16:41:14Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MEHMET GUNGOREN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3108668406 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-05-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | HIF CORP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HIFC |
| ReturnHeader/Filer/EIN | 0 | 454156355 |
| ReturnHeader/Filer/PhoneNum | 0 | 3108668406 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2332 S BEVERLY GLEN BLVD APT 5 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LOS ANGELES |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 90064 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Farkas Accounting and Tax Advisors Inc |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2173 Salk Ave Ste 250 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Carlsbad |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 92008 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7602374000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2015-05-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ANDY FARKAS |
| ReturnHeader/ReturnTs | 0 | 2015-05-14T15:39:46-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
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