Civic Intelligence

Scioto Educational Foundation

990 • Fiscal year 2014 • EIN 93-1335805

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 10, 2015

2885 W Dublin Granville RdColumbus, OH 43235

(614) 718-1055

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.63x

Higher debt load relative to assets than 83% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

87th percentile

1.39x

Higher debt load relative to revenue than 87% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

78th percentile

20%

Higher net margin than 78% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

77th percentile

15%

Faster asset growth than 77% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

32nd percentile

-2.6%

Faster revenue growth than 32% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,188,935

Up $151,286 (+15%) from 2013

Net Assets

Up

$440,649

Up $95,874 (+28%) from 2013

Liabilities

Up

$748,286

Up $55,413 (+8.0%) from 2013

Revenue

Down

$539,354

Down $14,202 (-2.6%) from 2013

Expenses

Down

$433,653

Down $1,251 (-0.3%) from 2013

Net Income

Down

$105,701

Down $12,951 (-11%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $852,206Liabilities 2011: $678,477Net Assets 2011: $173,7292011Assets 2012: $979,136Liabilities 2012: $717,921Net Assets 2012: $261,2142012Assets 2013: $1,037,649Liabilities 2013: $692,873Net Assets 2013: $344,7752013Assets 2014: $1,188,935Liabilities 2014: $748,286Net Assets 2014: $440,6492014Assets 2015: $1,047,921Liabilities 2015: $706,647Net Assets 2015: $341,2742015Assets 2016: $1,017,752Liabilities 2016: $656,985Net Assets 2016: $360,7672016Assets 2017: $1,002,892Liabilities 2017: $607,627Net Assets 2017: $395,2652017Assets 2018: $836,955Liabilities 2018: $480,697Net Assets 2018: $356,2582018Assets 2019: $779,731Liabilities 2019: $450,513Net Assets 2019: $329,2182019Assets 2020: $770,944Liabilities 2020: $420,554Net Assets 2020: $350,3902020Assets 2021: $801,579Liabilities 2021: $364,510Net Assets 2021: $437,0692021Assets 2022: $754,236Liabilities 2022: $332,908Net Assets 2022: $421,3282022Assets 2023: $617,759Liabilities 2023: $296,843Net Assets 2023: $320,9162023Assets 2024: $500,606Liabilities 2024: $152,302Net Assets 2024: $348,3042024

Highlighted filing

2014

Assets$1,188,935
Liabilities$748,286
Net Assets$440,649

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $468,019Expenses 2011: $345,151Net Income 2011: $122,8682011Revenue 2012: $434,227Expenses 2012: $388,799Net Income 2012: $45,4282012Revenue 2013: $553,556Expenses 2013: $434,904Net Income 2013: $118,6522013Revenue 2014: $539,354Expenses 2014: $433,653Net Income 2014: $105,7012014Revenue 2015: $438,976Expenses 2015: $542,469Net Income 2015: -$103,4932015Revenue 2016: $302,771Expenses 2016: $283,667Net Income 2016: $19,1042016Revenue 2017: $385,382Expenses 2017: $350,881Net Income 2017: $34,5012017Revenue 2018: $392,447Expenses 2018: $431,454Net Income 2018: -$39,0072018Revenue 2019: $313,434Expenses 2019: $334,830Net Income 2019: -$21,3962019Revenue 2020: $217,537Expenses 2020: $196,365Net Income 2020: $21,1722020Revenue 2021: $314,884Expenses 2021: $228,205Net Income 2021: $86,6792021Revenue 2022: $298,696Expenses 2022: $314,437Net Income 2022: -$15,7412022Revenue 2023: $446,452Expenses 2023: $546,864Net Income 2023: -$100,4122023Revenue 2024: $464,955Expenses 2024: $437,567Net Income 2024: $27,3882024

Highlighted filing

2014

Revenue$539,354
Expenses$433,653
Net Income$105,701
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 10, 2015
Return Version
2014v5.0
Gross Receipts
$539,354
Mission and Program Overview

Mission

Turkish American Society of Ohio is a

Turkish american society of ohio is a non-profit organization whose aim is to promote understanding and respect between the diverse groups of central ohio by creating peaceful settings for interaction. It was with the help of community oriented diverse groups of central ohio by creating peaceful settings for interaction. It was with the help of communtiy oriented programs through education, dialogue and community service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$908,273$1,045,587▲ $137,314
Cash and Non-Interest-Bearing Accounts$91,274$66,726▼ $24,548
Accounts Receivable$8,167--
Intangible Assets$601$222▼ $379
Total Assets$1,014,020$1,188,935▲ $174,915
Other Assets Total$5,705$76,400▲ $70,695
Liabilities
Unsecured Notes Loans Payable$675,706$744,962▲ $69,256
Accounts Payable and Accrued Expenses$3,366$3,324▼ $42
Total Liabilities$679,072$748,286▲ $69,214
Net Assets / Fund Balance
Unrestricted Net Assets$334,948$440,649▲ $105,701
Total Net Assets Fund Balance$334,948$440,649▲ $105,701
Total Liabilities and Net Assets / Fund Balance$1,014,020$1,188,935▲ $174,915

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$961,738$156,975$1,118,713
Other Land Buildings$80,958$36,477$117,435
Equipment$2,891$840$3,731
Other Assets Org$1,400--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Atilla KubarBoard Member
Comert KuralBoard Member
Ismet B OzkazancBoard Member
Onder SecenBoard Member
Serkan AykanBoard Presid
Revenue and Support

Revenue Composition

Contributions and Grants
$441,038
Program Service Revenue
$94,704
Investment Income
$0
Other Revenue
$3,612
All Other Contributions
$441,038
Change in Net Assets
$105,701

Audited Revenue Reconciliation

Revenue per Audited Statements
$539,354
Total Revenue per Audited Statements
$539,354
Total Revenue per Form 990
$539,354
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$285,099
Salaries, Compensation, and Employee Benefits$148,554
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$137,997--$137,997
Conferences and Meetings$85,112--$85,112
Depreciation Depletion-$48,426-$48,426
Interest-$35,625-$35,625
Occupancy$20,541--$20,541
Insurance$15,924--$15,924
Payroll Taxes$10,557--$10,557
All Other Expenses$3,003$1,458-$4,461
Other Expenses$2,910$19,022-$2,910
Advertising$1,300--$1,300
Fees for Services Legal$500--$500
Office Expenses$456--$456
Fees for Services Other-$350-$350
Total Functional Expenses$328,772$104,881$0$433,653

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$433,653
Total Expenses per Audited Statements$433,653
Total Expenses per Form 990$433,653
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
No
Audit committee
Yes
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
Yes
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 990 is presented to the board for review before being filed with irs.

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

The organization reviews and interviews applicable parites through questionaire and meetings periodically.

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

The compensation of the key employee of the organization is determined, and approved by the governing board of the organization. It is based on the hours of work per week, the workload, and if the position is for a full or part time. The director of the organization is a key employee, and he is responsible for running the organization, and the facilty, ensuring the organzation is in compliance with all state and federal codes. The director is responsible for organizing events on annual and monthly basis. The director reports to the governing board about the activities, extraordinary expenditures. The director is hired full-time with the minimum weekly workload of 40 hours.

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

See explanation to line 15a above.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Scioto Educational Foundation
EIN
93-1335805
Phone
6147181055
Address
2885 W DUBLIN GRANVILLE RD, COLUMBUS, OH 43235
Doing Business As
Turkish American Society of Ohio

Signing Officer

Name
Serkan Aykan
Title
President
Phone
6147181055
Signed
2015-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Serkan Aykan
Formed
2003
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
6
Volunteers
250

Preparer

Firm
Hhh CPA Group LLC
Address
1250 OLD HENDERSON RD, COLUMBUS, OH 43220-3606
Preparer
Brian Schneider
Phone
6144514644
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Turkish american society of ohio is a non-profit organization whose aim is to promote understanding and respect between the diverse groups of central ohio by creating peaceful settings for interaction. It was with the help of community oriented diverse groups of central ohio by creating peaceful settings for interaction. It was with the help of communtiy oriented programs through education, dialogue and community service.

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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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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0840
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03731
IRS990ScheduleD/ExpensesSubtotalAmt0433653
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt075000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11400
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PREPAID EXP
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSIT
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt036477
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0117435
IRS990ScheduleD/RevenueSubtotalAmt0539354
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01045587
IRS990ScheduleD/TotalBookValueOtherAssetsAmt076400
IRS990ScheduleD/TotalExpensesPerForm990Amt0433653
IRS990ScheduleD/TotalRevenuePerForm990Amt0539354
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0539354
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TURKISH AMERICAN SOCIETY OF OHIO IS A NON-PROFIT ORGANIZATION WHOSE AIM IS TO PROMOTE UNDERSTANDING AND RESPECT BETWEEN THE DIVERSE GROUPS OF CENTRAL OHIO BY CREATING PEACEFUL SETTINGS FOR INTERACTION. IT WAS WITH THE HELP OF COMMUNITY ORIENTED DIVERSE GROUPS OF CENTRAL OHIO BY CREATING PEACEFUL SETTINGS FOR INTERACTION. IT WAS WITH THE HELP OF COMMUNTIY ORIENTED PROGRAMS THROUGH EDUCATION, DIALOGUE AND COMMUNITY SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS PRESENTED TO THE BOARD FOR REVIEW BEFORE BEING FILED WITH IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REVIEWS AND INTERVIEWS APPLICABLE PARITES THROUGH QUESTIONAIRE AND MEETINGS PERIODICALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPENSATION OF THE KEY EMPLOYEE OF THE ORGANIZATION IS DETERMINED, AND APPROVED BY THE GOVERNING BOARD OF THE ORGANIZATION. IT IS BASED ON THE HOURS OF WORK PER WEEK, THE WORKLOAD, AND IF THE POSITION IS FOR A FULL OR PART TIME. THE DIRECTOR OF THE ORGANIZATION IS A KEY EMPLOYEE, AND HE IS RESPONSIBLE FOR RUNNING THE ORGANIZATION, AND THE FACILTY, ENSURING THE ORGANZATION IS IN COMPLIANCE WITH ALL STATE AND FEDERAL CODES. THE DIRECTOR IS RESPONSIBLE FOR ORGANIZING EVENTS ON ANNUAL AND MONTHLY BASIS. THE DIRECTOR REPORTS TO THE GOVERNING BOARD ABOUT THE ACTIVITIES, EXTRAORDINARY EXPENDITURES. THE DIRECTOR IS HIRED FULL-TIME WITH THE MINIMUM WEEKLY WORKLOAD OF 40 HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SEE EXPLANATION TO LINE 15A ABOVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalContributionsAmt0441038
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0104881
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0328772
IRS990/TotalFunctionalExpensesGrp/TotalAmt0433653
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0679072
IRS990/TotalLiabilitiesEOYAmt0748286
IRS990/TotalLiabilitiesGrp/BOYAmt0679072
IRS990/TotalLiabilitiesGrp/EOYAmt0748286
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0334948
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0440649
IRS990/TotalProgramServiceExpensesAmt0328772
IRS990/TotalProgramServiceRevenueAmt094704
IRS990/TotalRevenueGrp/ExclusionAmt098316
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0539354
IRS990/TotalVolunteersCnt0250
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01014020
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IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0744962
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02885 W DUBLIN GRANVILLE RD
IRS990/USAddress/CityNm0COLUMBUS
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd043235
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0TASOCOLUMBUS.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SERKAN AYKAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06147181055
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SCIOTO EDUCATIONAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SCIO
ReturnHeader/Filer/EIN0931335805
ReturnHeader/Filer/PhoneNum06147181055
ReturnHeader/Filer/USAddress/AddressLine1Txt02885 W DUBLIN GRANVILLE RD
ReturnHeader/Filer/USAddress/CityNm0COLUMBUS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd043235
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203767687
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HHH CPA GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01250 OLD HENDERSON RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBUS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0432203606
ReturnHeader/PreparerPersonGrp/PhoneNum06144514644
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN SCHNEIDER
ReturnHeader/ReturnTs02015-11-16T07:49:46-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.50$0.15$0.35$0.46$0.44$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.62$0.30$0.32$0.45$0.55$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.75$0.33$0.42$0.30$0.31$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.80$0.36$0.44$0.31$0.23$0.09
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.42$0.35$0.22$0.20$0.02
2019Summary only. Only limited summary data is available for this year.$0.78$0.45$0.33$0.31$0.33$0.02
2018Summary only. Only limited summary data is available for this year.$0.84$0.48$0.36$0.39$0.43$0.04
2017Summary only. Only limited summary data is available for this year.$1.00$0.61$0.40$0.39$0.35$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.02$0.66$0.36$0.30$0.28$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.05$0.71$0.34$0.44$0.54$0.10
2014Detailed filing. Detailed filing data is available for this year.$1.19$0.75$0.44$0.54$0.43$0.11
2013Summary only. Only limited summary data is available for this year.$1.04$0.69$0.34$0.55$0.43$0.12
2012Summary only. Only limited summary data is available for this year.$0.98$0.72$0.26$0.43$0.39$0.05
2011Summary only. Only limited summary data is available for this year.$0.85$0.68$0.17$0.47$0.35$0.12