FABSIT: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
FABSIT (EIN 22-2789574)
Tax period
2020-06-01 to 2021-05-31
Filed
2022-02-12
IRS object ID
202200439349300730
Schema version
2020v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-02-12T17:49:39-05:00ReturnTs
Tax Period End2021-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN042666565PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1John M Monticone CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15 High Street Suite 207AddressLine1Txt
CityMedfordCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02155ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222789574EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Friends of the American Board SchoolBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFRIEBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1292 Newbury Street STE 344AddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02115ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonIsmail EkmekciPersonNm
Person TitlePresidentPersonTitleTxt
Phone6175233433PhoneNum
Signature2021-09-23SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstIsmailPersonFirstNm
Person LastEkmekciPersonLastNm

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJohn M Monticone CPAPreparerPersonNm
PTINP01257043PTIN
Phone7813950024PhoneNum
Preparation2022-02-12PreparationDt
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
OOB Security Verification00OOBSecurityVerificationCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts$730,737GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.fabsit.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1986FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionFOSTER EXCELLENCE IN SECONDARY EDUCATION AND HEALTH CARE IN TURKEY THROUGH SUPPORT THE AMERICAN BOARD SCHOOLS AND HOSPITAL AND THROUGH THEM, TO INSTILL VALUES AND PROVIDE KNOWLEDGE TO HELP YOUNG MEN AND WOMEN BECOME CONTEMPORARY LEADERS CONTRIBUTING TO THE DEVELOPMENT OF TURKEY.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Volunteers11TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$172,295PYContributionsGrantsAmt
CY Contributions Grants$281,900CYContributionsGrantsAmt
PY Program Service Revenue$46,000PYProgramServiceRevenueAmt
CY Program Service Revenue$46,000CYProgramServiceRevenueAmt
PY Investment Income-$19,280PYInvestmentIncomeAmt
CY Investment Income$43,205CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$199,015PYTotalRevenueAmt
CY Total Revenue$371,105CYTotalRevenueAmt
PY Grants And Similar Paid$140,800PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$242,172CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$75,062PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$76,976CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$22,127CYTotalFundraisingExpenseAmt
PY Other Expenses$36,930PYOtherExpensesAmt
CY Other Expenses$26,401CYOtherExpensesAmt
PY Total Expenses$252,792PYTotalExpensesAmt
CY Total Expenses$345,549CYTotalExpensesAmt
PY Revenues Less Expenses-$53,777PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$25,556CYRevenuesLessExpensesAmt
Total Assets BOY$904,083TotalAssetsBOYAmt
Total Assets EOY$1,127,218TotalAssetsEOYAmt
Total Liabilities BOY$19,700TotalLiabilitiesBOYAmt
Total Liabilities EOY$20,300TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$884,383NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,106,918NetAssetsOrFundBalancesEOYAmt
MissionFOSTER EXCELLENCE IN SECONDARY EDUCATION AND HEALTH CARE IN TURKEY THROUGH SUPPORT THE AMERICAN BOARD SCHOOLS AND HOSPITAL AND THROUGH THEM, TO INSTILL VALUES AND PROVIDE KNOWLEDGE TO HELP YOUNG MEN AND WOMEN BECOME CONTEMPORARY LEADERS CONTRIBUTING TO THE DEVELOPMENT OF TURKEY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$291,225ExpenseAmt
Grant$242,172GrantAmt
Revenue$46,000RevenueAmt
DescESTABLISHED TO PROVIDE FINANCIAL AND EDUCATIONAL ASSISTANCE TO SCHOOLS AND HOSPITALS IN TURKEY. THE EXPENDITURES ALLOCATED TO PROGRAM SERVICES WERE ACTUAL GRANTS AND AN ALLOCATION OF ALL OTHER EXPENSES BASED ON ESTIMATED TIME.Desc
Total Program Service Expenses$291,225TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgYes (true)MoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee1EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonISMAIL EKMEKCIPersonNm
Phone6175233433PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1292 Newbury StreetAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02115ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
HAKAN OZKABAS
DIRECTOR3.000.00Yes (X)$0$0$0
ROBERT KELLER
DIRECTOR3.000.00Yes (X)$0$0$0
BARCLAY SHEPARD
DIRECTOR3.000.00Yes (X)$0$0$0
AHMET HOKE
DIRECTOR3.000.00Yes (X)$0$0$0
SELIM SULOS
DIRECTOR3.000.00Yes (X)$0$0$0
DOROTHY KELLER
DIRECTOR3.000.00Yes (X)$0$0$0
DILHAN KALYON
DIRECTOR3.000.00Yes (X)$0$0$0
KEREM TURUNC
VICE PRESIDENT3.000.00Yes (X)$0$0$0Yes (X)
ISMAIL EKMEKCI
PRESIDENT5.000.00Yes (X)$0$0$0Yes (X)
BALCA KORKUT GOK
SECRETARY3.000.00Yes (X)$0$0$0Yes (X)
TARIK MUGHISUDDIN
TREASURER3.000.00Yes (X)$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$15,700GovernmentGrantsAmt
All Other Contributions$266,200AllOtherContributionsAmt
Total Contributions$281,900TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM SERVICE REVENUEDesc
Business900099BusinessCd
Total Revenue Column$46,000TotalRevenueColumnAmt
Related Or Exempt Func Income$46,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$46,000TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,472TotalRevenueColumnAmt
Exclusion$3,472ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$399,365SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$359,632SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$39,733SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$39,733TotalRevenueColumnAmt
Exclusion$39,733ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$371,105TotalRevenueColumnAmt
Related Or Exempt Func Income$46,000RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$43,205ExclusionAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$242,172TotalAmt
Program Services$242,172ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$60,000TotalAmt
Program Services$30,000ProgramServicesAmt
Management And General$15,000ManagementAndGeneralAmt
Fundraising$15,000FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$10,000TotalAmt
Program Services$5,000ProgramServicesAmt
Management And General$2,500ManagementAndGeneralAmt
Fundraising$2,500FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,671TotalAmt
Program Services$835ProgramServicesAmt
Management And General$418ManagementAndGeneralAmt
Fundraising$418FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$5,305TotalAmt
Program Services$2,653ProgramServicesAmt
Management And General$1,326ManagementAndGeneralAmt
Fundraising$1,326FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$388TotalAmt
Management And General$388ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$4,000TotalAmt
Management And General$4,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$8,700TotalAmt
Program Services$4,800ProgramServicesAmt
Management And General$3,900ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,990TotalAmt
Program Services$846ProgramServicesAmt
Management And General$721ManagementAndGeneralAmt
Fundraising$423FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,169TotalAmt
Management And General$1,169ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,677TotalAmt
Program Services$1,339ProgramServicesAmt
Management And General$669ManagementAndGeneralAmt
Fundraising$669FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,077TotalAmt
Program Services$539ProgramServicesAmt
Management And General$269ManagementAndGeneralAmt
Fundraising$269FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,597TotalAmt
Program Services$1,297ProgramServicesAmt
Management And General$650ManagementAndGeneralAmt
Fundraising$650FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Telephone$1,241$621$310$310
Postages and shipping$88$44$22$22
Printingcopying newsletter$2,159$1,079$540$540
State Filing Fees$315$315

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$345,549TotalAmt
Program Services$291,225ProgramServicesAmt
Management And General$32,197ManagementAndGeneralAmt
Fundraising$22,127FundraisingAmt
FieldValueIRS element (for citing)
Joint CostsYes (X)JointCostsInd

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$18,070BOYAmt
EOY$62,203EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$20,166BOYAmt
EOY$16,629EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$9,455BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,803BOYAmt
EOY$1,073EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,770LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$5,770LandBldgEquipAccumDeprecAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$853,589BOYAmt
EOY$1,047,313EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$904,083BOYAmt
EOY$1,127,218EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$4,000BOYAmt
EOY$4,600EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$15,700BOYAmt
EOY$15,700EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19,700BOYAmt
EOY$20,300EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$781,907BOYAmt
EOY$988,150EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$102,476BOYAmt
EOY$118,768EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$884,383BOYAmt
EOY$1,106,918EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$904,083BOYAmt
EOY$1,127,218EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$25,556ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$196,979NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (true)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS AuditedfalseFSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$771,798CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$802,132CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$320,794CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$172,295CurrentTaxYearMinus1YearAmt
Current Tax Year$281,900CurrentTaxYearAmt
Total$2,348,919TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$771,798CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$802,132CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$320,794CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$172,295CurrentTaxYearMinus1YearAmt
Current Tax Year$281,900CurrentTaxYearAmt
Total$2,348,919TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$68,861SubstantialContributorsTotAmt
Public Support Total170$2,280,058PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$104,168CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$35,585CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$15,879CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,179CurrentTaxYearMinus1YearAmt
Current Tax Year$43,205CurrentTaxYearAmt
Total$208,016TotalAmt
FieldValueIRS element (for citing)
Total Support$2,556,935TotalSupportAmt
Gross Receipts Rltd Activities$192,800GrossReceiptsRltdActivitiesAmt
Public Support CY1700.89170PublicSupportCY170Pct
Public Support PY1700.91870PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$849,164BeginningYearBalanceAmt
Contributions$229,080ContributionsAmt
Investment Earnings Or Losses$240,180InvestmentEarningsOrLossesAmt
Grants Or Scholarships$241,772GrantsOrScholarshipsAmt
Other Expenditures$50,000OtherExpendituresAmt
End Year Balance$1,026,652EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$834,660BeginningYearBalanceAmt
Contributions$122,294ContributionsAmt
Investment Earnings Or Losses$51,010InvestmentEarningsOrLossesAmt
Grants Or Scholarships$140,800GrantsOrScholarshipsAmt
Other Expenditures$18,000OtherExpendituresAmt
End Year Balance$849,164EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$856,254BeginningYearBalanceAmt
Contributions$283,500ContributionsAmt
Investment Earnings Or Losses$4,413InvestmentEarningsOrLossesAmt
Grants Or Scholarships$272,000GrantsOrScholarshipsAmt
Other Expenditures$37,507OtherExpendituresAmt
End Year Balance$834,660EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$838,029BeginningYearBalanceAmt
Contributions$778,159ContributionsAmt
Investment Earnings Or Losses$53,328InvestmentEarningsOrLossesAmt
Grants Or Scholarships$773,784GrantsOrScholarshipsAmt
Other Expenditures$39,480OtherExpendituresAmt
End Year Balance$856,252EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$895,067BeginningYearBalanceAmt
Contributions$727,319ContributionsAmt
Investment Earnings Or Losses$79,838InvestmentEarningsOrLossesAmt
Grants Or Scholarships$799,195GrantsOrScholarshipsAmt
Other Expenditures$65,000OtherExpendituresAmt
End Year Balance$838,029EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.88000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.08000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.04000TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,770OtherCostOrOtherBasisAmt
Depreciation$5,770DepreciationAmt
FieldValueIRS element (for citing)
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Endowment funds intended uses (Part V, line 4)Board Designated Endowment is to support the organization in providing financial and educational assistance to schools and hospitals in Turkey. Total $ 907,884.The Permanent Endowment is held in perpetuity. Earnings resulting from the investment of principal are available to make scholarships awards. Total $ 80,370.The Temporarily Restricted Endowment consists of the following:Restricted for grants to schools and hospitals in Turkey $ 38,398.
Footnote for uncertain tax position under FIN 48 (Part X)The Organization has evaluated the tax positions taken on returns for open years and those expected to be taken on returns for the year ended May 31, 2021. It is Managements belief that such tax positions are more likely than not to be sustained upon examination by tax authorities. Accordingly, no liability for uncertain tax positions has been reflected in these financial statements. Returns for tax years beginning with those filed for the year ended May 31, 2018 are open to examination.

Schedule F IRS990ScheduleF

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionEurope including Iceland and GreenlandRegionTxt
Purpose Of GrantSchedule OPurposeOfGrantTxt
Cash Grant$242,172CashGrantAmt
Manner Of Cash DisbursementWire TransfersMannerOfCashDisbursementTxt
Description Of Non Cash AsstnaDescriptionOfNonCashAsstTxt
Valuation Method UsedBookValuationMethodUsedDesc
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Transfer To Foreign CorpfalseTransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipfalseForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSupplemental Information (Part V, Other)FormAndLineReferenceDesc
ExplanationStrategic Plans and Budgets are submitted by grant recipients outside of the United States for review by Friends Of The American Board Schools in Turkeys (FABSIT) Board of Directors. FABSIT requires written annual reports from Grant recipients upon the use of the funds.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonKadriye EkmekciPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionWife of Ismail Ekmekci PresidentRelationshipDescriptionTxt
Transaction$60,000TransactionAmt
TransactionSalary earned as Office AdministratorTransactionDesc
Sharing Of RevenuesfalseSharingOfRevenuesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSupplemental Information for Schedule LFormAndLineReferenceDesc
ExplanationMrs. Kadriye Ekmekci is married to Mr. Ismail Ekmekci, President of the Organization and works as Office Administrator 40 hours a week with a monthly salary of $5,000. The board of directors approved her salary with Mr. Ekmekci recusing himself.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Officer directors etc family relationship Part VI line 2Dorothy Keller and Robert Keller: Family relationship.
Committee meeting documentation Part VI line 8bNo committee has the authority to act on behalf of the governing body.
Form 990 governing body review Part VI line 11The Officers and the Board of Directors review the form 990 before it is filed.
Conflict of interest policy compliance Part VI line 12cThe Organization requires each new key employee, officer or director to review a copy of the Policy on Conflicts of Interest and Disclosure of certain Interest and to acknowledge in writing that he or she has done so. Additionally, each key employee, officer or director, annually completes a disclosure form identifying any relationships, positions, or circumstances in which the employee is involved that he or she believes could contribute to a conflict of interest arising.
Other officer or key employee compensation Part VI line 15bThe Organization doesnt have any compensated officer or key employee.
Governing documents etc available to public Part VI line 19Governing documents, conflict of interest policy and financial statements are available for public inspection, upon request, at 292 Newbury Street,Suite 344, Boston, MA 02115.
General explanation attachmentForm 990, Schedule F, page 2, Part II, Column D:Line 1: Campus upgrade for the Uskudar American Academy

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