Turken Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 0 | 0 | 0 | — | — |
| 2015 | 24,460,759 | 1,287,446 | 23,173,313 | 216.0 | 5% |
| 2016 | 1,378,620 | 2,364,548 | −985,928 | 112.6 | 7% |
| 2017 | 7,958,227 | 1,898,967 | 6,059,260 | 178.5 | 8% |
| 2018 | 2,287,064 | 1,332,436 | 954,628 | 263.0 | 12% |
| 2019 | 22,853,649 | 936,683 | 21,916,966 | 654.9 | 8% |
| 2020 | 9,348,841 | 768,856 | 8,579,985 | 931.8 | 0% |
| 2022 | 18,984 | 807,223 | −788,239 | 918.1 | 0% |
| 2023 | 2,497,019 | 2,800,822 | −303,803 | 259.0 | 0% |
In its most recent public year (2023), this organization spent $303,803 more than it brought in. Its reserves stood at about 259 months of spending. Staff pay was 0% of spending. $44,501,310 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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