American Research Institute In Turkey Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 749,253 | 784,804 | −35,551 | 31.4 | 31% |
| 2021 | 1,183,205 | 1,009,388 | 173,817 | 29.2 | 24% |
| 2022 | 1,082,061 | 947,220 | 134,841 | 27.6 | 24% |
| 2023 | 984,222 | 1,100,325 | −116,103 | 23.3 | 22% |
In its most recent public year (2023), this organization spent $116,103 more than it brought in. Its reserves stood at about 23.3 months of spending, down from 31.4 in 2020. Staff pay was 22% of spending. $3,595,633 of its net assets are donor-restricted.
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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