FABSIT: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
FABSIT (EIN 22-2789574)
Tax period
2018-06-01 to 2019-05-31
Filed
2019-09-27
IRS object ID
201932709349300308
Schema version
2018v3.1
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)
Return2019-09-27T09:22:51-04:00ReturnTs
Tax Period End2019-05-31TaxPeriodEndDt

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 Begin2018-06-01TaxPeriodBeginDt

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 Line114 Beacon StreetAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02108ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonIsmail EkmekciPersonNm
Person TitlePresidentPersonTitleTxt
Phone6175233433PhoneNum
Signature2019-10-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJohn M Monticone CPAPreparerPersonNm
PTINP01257043PTIN
Phone7813950024PhoneNum
Preparation2019-09-27PreparationDt
Self EmployedYes (X)SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address98.217.9.124IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-09-27IPDt
IP Tm09:25:28IPTm
Federal Original Submission Id0404342019270yqyokq3FederalOriginalSubmissionId
Federal Original Submission Id2019-09-27FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id3F32101032E160E6A2CA19266E00DF59511B13FCAtSubmissionCreationDeviceId
At Submission Filing Device Id3F32101032E160E6A2CA19266E00DF59511B13FCAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-01-14 16:20:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts$666,152GrossReceiptsAmt
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 Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Volunteers12TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$802,132PYContributionsGrantsAmt
CY Contributions Grants$320,791CYContributionsGrantsAmt
PY Program Service Revenue$33,600PYProgramServiceRevenueAmt
CY Program Service Revenue$33,600CYProgramServiceRevenueAmt
PY Investment Income$35,585PYInvestmentIncomeAmt
CY Investment Income$15,879CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$871,317PYTotalRevenueAmt
CY Total Revenue$370,270CYTotalRevenueAmt
PY Grants And Similar Paid$773,784PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$272,000CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$75,607PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$75,201CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$24,313CYTotalFundraisingExpenseAmt
PY Other Expenses$45,029PYOtherExpensesAmt
CY Other Expenses$34,478CYOtherExpensesAmt
PY Total Expenses$894,420PYTotalExpensesAmt
CY Total Expenses$381,679CYTotalExpensesAmt
PY Revenues Less Expenses-$23,103PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$11,409CYRevenuesLessExpensesAmt
Total Assets BOY$896,238TotalAssetsBOYAmt
Total Assets EOY$874,267TotalAssetsEOYAmt
Total Liabilities BOY$5,500TotalLiabilitiesBOYAmt
Total Liabilities EOY$6,400TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$890,738NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$867,867NetAssetsOrFundBalancesEOYAmt
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$325,227ExpenseAmt
Grant$272,000GrantAmt
Revenue$33,600RevenueAmt
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$325,227TotalProgramServiceExpensesAmt
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
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
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 StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
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 With Officer EntfalseBusinessRlnWithOfficerEntInd
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 Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
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 Line114 Beacon StreetAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02108ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ISMAIL EKMEKCI
PRESIDENT5.000.00Yes (X)Yes (X)$0$0$0
KEREM TURUNC
VICE PRESIDENT3.000.00Yes (X)Yes (X)$0$0$0
TARIK MUGHISUDDIN
TREASURER3.000.00Yes (X)Yes (X)$0$0$0
BALCA KORKUT GOK
SECRETARY3.000.00Yes (X)Yes (X)$0$0$0
DILHAN KALYON
DIRECTOR3.000.00Yes (X)$0$0$0
DOROTHY KELLER
DIRECTOR3.000.00Yes (X)$0$0$0
ROBERT KELLER
DIRECTOR3.000.00Yes (X)$0$0$0
HAKAN OZKABAS
DIRECTOR3.000.00Yes (X)$0$0$0
BARCLAY SHEPARD
DIRECTOR3.000.00Yes (X)$0$0$0
SELIM SULOS
DIRECTOR3.000.00Yes (X)$0$0$0
MEHMET NANE
DIRECTOR3.000.00Yes (X)$0$0$0
AHMET HOKE
DIRECTOR3.000.00Yes (X)$0$0$0
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$272,000GovernmentGrantsAmt
All Other Contributions$48,791AllOtherContributionsAmt
Total Contributions$320,791TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM SERVICE REVENUEDesc
Business900099BusinessCd
Total Revenue Column$33,600TotalRevenueColumnAmt
Related Or Exempt Func Income$33,600RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$33,600TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,286TotalRevenueColumnAmt
Exclusion$11,286ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$300,475SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$295,882SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$4,593SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,593TotalRevenueColumnAmt
Exclusion$4,593ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$370,270TotalRevenueColumnAmt
Related Or Exempt Func Income$33,600RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$15,879ExclusionAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$272,000TotalAmt
Program Services$272,000ProgramServicesAmt

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

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$5,201TotalAmt
Program Services$2,599ProgramServicesAmt
Management And General$1,301ManagementAndGeneralAmt
Fundraising$1,301FundraisingAmt

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$8,200TotalAmt
Program Services$4,600ProgramServicesAmt
Management And General$3,600ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,985TotalAmt
Program Services$1,493ProgramServicesAmt
Management And General$746ManagementAndGeneralAmt
Fundraising$746FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$9,912TotalAmt
Program Services$4,956ProgramServicesAmt
Management And General$2,478ManagementAndGeneralAmt
Fundraising$2,478FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,557TotalAmt
Program Services$779ProgramServicesAmt
Management And General$389ManagementAndGeneralAmt
Fundraising$389FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$226TotalAmt
Management And General$226ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,309TotalAmt
Program Services$1,655ProgramServicesAmt
Management And General$827ManagementAndGeneralAmt
Fundraising$827FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Telephone$1,625$813$406$406
Postages and shipping$44$22$11$11
Printingcopying newsletter$1,892$946$473$473
Miscellaneous expenses$728$364$182$182

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$381,679TotalAmt
Program Services$325,227ProgramServicesAmt
Management And General$32,139ManagementAndGeneralAmt
Fundraising$24,313FundraisingAmt
FieldValueIRS element (for citing)
Joint CostsYes (X)JointCostsInd

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$19,004BOYAmt
EOY$29,888EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$23,096BOYAmt
EOY$18,003EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,977BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,126BOYAmt
EOY$3,590EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,770LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$5,721LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$275BOYAmt
EOY$49EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$847,760BOYAmt
EOY$822,737EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$896,238BOYAmt
EOY$874,267EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$5,500BOYAmt
EOY$6,400EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,500BOYAmt
EOY$6,400EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$784,623BOYAmt
EOY$750,051EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$35,745BOYAmt
EOY$47,446EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$70,370BOYAmt
EOY$70,370EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$890,738BOYAmt
EOY$867,867EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$896,238BOYAmt
EOY$874,267EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$11,409ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$11,462NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
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$250,588CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$162,756CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$771,798CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$802,132CurrentTaxYearMinus1YearAmt
Current Tax Year$320,794CurrentTaxYearAmt
Total$2,308,068TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$250,588CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$162,756CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$771,798CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$802,132CurrentTaxYearMinus1YearAmt
Current Tax Year$320,794CurrentTaxYearAmt
Total$2,308,068TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$62,913SubstantialContributorsTotAmt
Public Support Total170$2,245,155PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$75,322CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$32,466CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$104,168CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$35,585CurrentTaxYearMinus1YearAmt
Current Tax Year$15,879CurrentTaxYearAmt
Total$263,420TotalAmt
FieldValueIRS element (for citing)
Total Support$2,571,488TotalSupportAmt
Gross Receipts Rltd Activities$214,941GrossReceiptsRltdActivitiesAmt
Public Support CY1700.87310PublicSupportCY170Pct
Public Support PY1700.85620PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

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 Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$926,649BeginningYearBalanceAmt
Contributions$103,771ContributionsAmt
Investment Earnings Or Losses-$31,842InvestmentEarningsOrLossesAmt
Grants Or Scholarships$103,510GrantsOrScholarshipsAmt
End Year Balance$895,068EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$882,677BeginningYearBalanceAmt
Contributions$222,531ContributionsAmt
Investment Earnings Or Losses$41,223InvestmentEarningsOrLossesAmt
Grants Or Scholarships$191,782GrantsOrScholarshipsAmt
Other Expenditures$28,000OtherExpendituresAmt
End Year Balance$926,649EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.86000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.08000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.06000TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,770OtherCostOrOtherBasisAmt
Depreciation$5,721DepreciationAmt
Book Value$49BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$49TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$358,808TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$11,462NetUnrealizedGainsInvstAmt
Revenue Not Reported-$11,462RevenueNotReportedAmt
Revenue Subtotal$370,270RevenueSubtotalAmt
Total Revenue Per Form990$370,270TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$381,679TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$381,679ExpensesSubtotalAmt
Total Expenses Per Form990$381,679TotalExpensesPerForm990Amt

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 $ 716,844.The Permanent Endowment is held in perpetuity. Earnings resulting from the investment of principal are available to make scholarships awards. Total $ 70,370.The Temporarily Restricted Endowment consists of the following:Restricted for grants to schools and hospitals in Turkey $ 47,446.
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, 2019. 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, 2016 are open to examination.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionEurope including Iceland and GreenlandRegionTxt
Type Of Activities ConductedGrant makingTypeOfActivitiesConductedTxt
Specific Services ProvidedNASpecificServicesProvidedTxt
Region Total Expenditures$272,000RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Spent$272,000SubtotalSpentAmt
Total Spent$272,000TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionEurope including Iceland and GreenlandRegionTxt
Purpose Of GrantSchedule OPurposeOfGrantTxt
Cash Grant$272,000CashGrantAmt
Manner Of Cash DisbursementWired TransferMannerOfCashDisbursementTxt
Valuation Method UsedBookValuationMethodUsedDesc
FieldValueIRS element (for citing)
Transfer To Foreign CorpfalseTransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipfalseForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Use of grant monitoring procedures (Part I, line 2)Strategic 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.
Method of accounting for expenditures (Part I, line 3, col f)Accrual Method of Accounting
Supplemental Information (Part V, Other)Strategic 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.

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 14 Beacon Street, Boston MA 02108
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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