FABSIT: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
FABSIT (EIN 22-2789574)
Tax period
2013-06-01 to 2014-05-31
Filed
2014-10-09
IRS object ID
201402829349301420
Schema version
2013v3.1
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)
Return2014-10-09T18:27:09-04:00ReturnTs
Tax Period End2014-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JOHN M MONTICONE CPABusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15 HIGH STREET SUITE 207AddressLine1
CityMEDFORDCity
StateMAState
ZIP Code02155ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222789574EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Friends of the American Board SchoolBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlFRIEBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line114 Beacon StreetAddressLine1
CityBostonCity
StateMAState
ZIP Code02108ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonISMAIL EKMEKCIPersonNm
Person TitlePresidentPersonTitleTxt
Phone6175233433PhoneNum
Signature2014-10-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN M MONTICONEPreparerPersonNm
PTINP01257043PTIN
Phone7813950024PhoneNum
Preparation2014-10-09PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts$483,508GrossReceiptsAmt
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 Body14VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Volunteers14TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$842,112PYContributionsGrantsAmt
CY Contributions Grants$116,618CYContributionsGrantsAmt
PY Program Service Revenue$30,000PYProgramServiceRevenueAmt
CY Program Service Revenue$30,000CYProgramServiceRevenueAmt
PY Investment Income$43,264PYInvestmentIncomeAmt
CY Investment Income$76,990CYInvestmentIncomeAmt
CY Other Revenue$615CYOtherRevenueAmt
PY Total Revenue$915,376PYTotalRevenueAmt
CY Total Revenue$224,223CYTotalRevenueAmt
PY Grants And Similar Paid$766,082PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$77,178CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$80,118PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$40,548CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$15,139CYTotalFundraisingExpenseAmt
PY Other Expenses$41,926PYOtherExpensesAmt
CY Other Expenses$28,009CYOtherExpensesAmt
PY Total Expenses$888,126PYTotalExpensesAmt
CY Total Expenses$145,735CYTotalExpensesAmt
PY Revenues Less Expenses$27,250PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$78,488CYRevenuesLessExpensesAmt
Total Assets BOY$812,662TotalAssetsBOYAmt
Total Assets EOY$890,040TotalAssetsEOYAmt
Total Liabilities BOY$17,016TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,900TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$795,646NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$885,140NetAssetsOrFundBalancesEOYAmt
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$108,055ExpenseAmt
Grant$77,178GrantAmt
Revenue$30,000RevenueAmt
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$108,055TotalProgramServiceExpensesAmt
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 StmtfalseIndependentAuditFinclStmtInd
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 Document3IRPDocumentCnt
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
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members14GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
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
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKADRIYE EKMEKCIPersonNm
Phone6175233433PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line114 Beacon StreetAddressLine1
CityBostonCity
StateMAState
ZIP Code02108ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 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
SECRETARY3.000.00Yes (X)Yes (X)$0$0$0
ZAFER ECEVIT
DIRECTOR3.000.00Yes (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 OZAKBAS
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
YASAR YASER
DIRECTOR3.000.00Yes (X)$0$0$0
MEHMET BAYSAN
DIRECTOR3.000.00Yes (X)$0$0$0
ROXANNE BARRY
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
All Other Contributions$116,618AllOtherContributionsAmt
Total Contributions$116,618TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM SERVICE REVENUEDesc
Business900099BusinessCd
Total Revenue Column$30,000TotalRevenueColumnAmt
Related Or Exempt Func Income$30,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$30,000TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$27,898TotalRevenueColumnAmt
Exclusion$27,898ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$308,377SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$259,285SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$49,092SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$49,092TotalRevenueColumnAmt
Exclusion$49,092ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescREFUNDSDesc
Business900099BusinessCd
Total Revenue Column$615TotalRevenueColumnAmt
Related Or Exempt Func Income$615RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$615OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$224,223TotalRevenueColumnAmt
Related Or Exempt Func Income$30,615RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$76,990ExclusionAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$77,178TotalAmt
Program Services$77,178ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$36,000TotalAmt
Program Services$18,000ProgramServicesAmt
Management And General$9,000ManagementAndGeneralAmt
Fundraising$9,000FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$4,548TotalAmt
Program Services$2,274ProgramServicesAmt
Management And General$1,137ManagementAndGeneralAmt
Fundraising$1,137FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$1,000TotalAmt
Management And General$1,000ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$2,784TotalAmt
Management And General$2,784ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$4,200TotalAmt
Program Services$600ProgramServicesAmt
Management And General$3,600ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,247TotalAmt
Program Services$1,123ProgramServicesAmt
Management And General$562ManagementAndGeneralAmt
Fundraising$562FundraisingAmt

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$237TotalAmt
Program Services$119ProgramServicesAmt
Management And General$59ManagementAndGeneralAmt
Fundraising$59FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$18TotalAmt
Management And General$18ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,320TotalAmt
Program Services$1,660ProgramServicesAmt
Management And General$830ManagementAndGeneralAmt
Fundraising$830FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Telephone$1,291$645$323$323
Postages and shipping$1,079$539$270$270
Printingcopying newsletter$519$259$130$130
Website technical support$173$87$43$43

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,229TotalAmt
Program Services$615ProgramServicesAmt
Management And General$307ManagementAndGeneralAmt
Fundraising$307FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$145,735TotalAmt
Program Services$108,055ProgramServicesAmt
Management And General$22,541ManagementAndGeneralAmt
Fundraising$15,139FundraisingAmt
FieldValueIRS element (for citing)
Joint CostsYes (X)JointCostsInd

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$115,629BOYAmt
EOY$94,990EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$22,511BOYAmt
EOY$11,350EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,716BOYAmt
EOY$2,348EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$455BOYAmt
EOY$1,392EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,263LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,574LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
EOY$689EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$670,351BOYAmt
EOY$779,271EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$812,662BOYAmt
EOY$890,040EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$17,016BOYAmt
EOY$4,900EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$17,016BOYAmt
EOY$4,900EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$676,832BOYAmt
EOY$747,540EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$83,444BOYAmt
EOY$92,230EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$35,370BOYAmt
EOY$45,370EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$795,646BOYAmt
EOY$885,140EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$812,662BOYAmt
EOY$890,040EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$78,488ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$11,006NetUnrlzdGainsLossesInvstAmt
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$279,064CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$246,555CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$126,826CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$842,112CurrentTaxYearMinus1YearAmt
Current Tax Year$116,617CurrentTaxYearAmt
Total$1,611,174TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$279,064CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$246,555CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$126,826CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$842,112CurrentTaxYearMinus1YearAmt
Current Tax Year$116,617CurrentTaxYearAmt
Total$1,611,174TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$1,611,174PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$23,644CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$22,619CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$22,806CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$29,532CurrentTaxYearMinus1YearAmt
Current Tax Year$27,898CurrentTaxYearAmt
Total$126,499TotalAmt
FieldValueIRS element (for citing)
Total Support$1,737,673TotalSupportAmt
Gross Receipts Rltd Activities$122,960GrossReceiptsRltdActivitiesAmt
Public Support CY1700.92720PublicSupportCY170Pct
Public Support PY1700.92730PublicSupportPY170Pct
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$789,017BeginningYearBalanceAmt
Contributions$82,842ContributionsAmt
Investment Earnings Or Losses$87,996InvestmentEarningsOrLossesAmt
Grants Or Scholarships$77,178GrantsOrScholarshipsAmt
End Year Balance$882,677EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$685,803BeginningYearBalanceAmt
Contributions$795,803ContributionsAmt
Investment Earnings Or Losses$115,235InvestmentEarningsOrLossesAmt
Grants Or Scholarships$766,082GrantsOrScholarshipsAmt
Other Expenditures$41,742OtherExpendituresAmt
End Year Balance$789,017EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$711,392BeginningYearBalanceAmt
Contributions$44,315ContributionsAmt
Investment Earnings Or Losses-$60,789InvestmentEarningsOrLossesAmt
Other Expenditures$9,115OtherExpendituresAmt
End Year Balance$685,803EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$837,749BeginningYearBalanceAmt
Contributions$201,211ContributionsAmt
Investment Earnings Or Losses$74,397InvestmentEarningsOrLossesAmt
Other Expenditures$401,965OtherExpendituresAmt
End Year Balance$711,392EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$579,797BeginningYearBalanceAmt
Contributions$226,069ContributionsAmt
Investment Earnings Or Losses$45,704InvestmentEarningsOrLossesAmt
Other Expenditures$13,821OtherExpendituresAmt
End Year Balance$837,749EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.85000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.05000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.10000TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,263OtherCostOrOtherBasisAmt
Depreciation$4,574DepreciationAmt
Book Value$689BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$689TotalBookValueLandBuildingsAmt
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.The Permanent Endowment is held in perpetuity. Earnings resulting from the investment of principal are available to make scholarships awards.The Temporarily Restricted Endowment consists of the following:Restricted for grants to schools and hospitals in Turkey $ 60,489Restricted for scholarships 31,741Total Temporarily Restricted funds as of May 31, 2014 $ 92,230
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, 2014. It is Management's 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, 2011 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$77,178RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Spent$77,178SubtotalSpentAmt
Total Spent$77,178TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtDescription Of Non Cash AsstDescriptionOfNonCashAsstTxt
Europe including Iceland and GreenlandSee Sch O$70,478Check0
Europe including Iceland and GreenlandSee Sch O$6,700Check
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 (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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 Turkey's (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$36,000TransactionAmt
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 30 hours a week with a monthly salary of $3,000. 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 doesn't 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: Financial and educational assistance to schools and Hospitals in Turkey.Line 2: Scholarships for students in Turkey.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.