American Turkish Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 445,852 | 326,732 | 119,120 | 17.7 | 15% |
| 2021 | 1,102,621 | 519,669 | 582,952 | 24.6 | 33% |
| 2022 | 775,770 | 557,991 | 217,779 | 27.6 | 26% |
| 2023 | 820,801 | 560,803 | 259,998 | 33.0 | 27% |
In its most recent public year (2023), this organization brought in $259,998 more than it spent. Its reserves stood at about 33 months of spending, up from 17.7 in 2020. Staff pay was 27% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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