2014-10-09T18:27:09-04:00 2014-05-31 JOHN M MONTICONE CPA 5 HIGH STREET SUITE 207 MEDFORD MA 02155 990 2013-06-01 222789574 Friends of the American Board School FRIE 14 Beacon Street Boston MA 02108 ISMAIL EKMEKCI President 6175233433 2014-10-15 true JOHN M MONTICONE P01257043 7813950024 2014-10-09 X 2013 2015-11-30 17:44:51Z 483508 false X www.fabsit.org X 1986 DE FOSTER 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. 14 14 1 14 0 0 842112 116618 30000 30000 43264 76990 615 915376 224223 766082 77178 0 80118 40548 0 15139 41926 28009 888126 145735 27250 78488 812662 890040 17016 4900 795646 885140 FOSTER 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. false false 108055 77178 30000 ESTABLISHED 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. 108055 true true false false false false false false false true true false false false false true false false false false true true false false false false false false false false false false false false false false true false false false false false false false false false false false true 3 0 true 1 true false false false false false false false false false false false false X 14 14 true false false false false false false true false false false true true true true true true false false false MA X KADRIYE EKMEKCI 6175233433 14 Beacon Street Boston MA 02108 X ISMAIL EKMEKCI PRESIDENT 5.00 0.00 X X 0 0 0 KEREM TURUNC VICE PRESIDENT 3.00 0.00 X X 0 0 0 TARIK MUGHISUDDIN TREASURER 3.00 0.00 X X 0 0 0 BALCA KORKUT SECRETARY 3.00 0.00 X X 0 0 0 ZAFER ECEVIT DIRECTOR 3.00 0.00 X 0 0 0 DILHAN KALYON DIRECTOR 3.00 0.00 X 0 0 0 DOROTHY KELLER DIRECTOR 3.00 0.00 X 0 0 0 ROBERT KELLER DIRECTOR 3.00 0.00 X 0 0 0 HAKAN OZAKBAS DIRECTOR 3.00 0.00 X 0 0 0 BARCLAY SHEPARD DIRECTOR 3.00 0.00 X 0 0 0 SELIM SULOS DIRECTOR 3.00 0.00 X 0 0 0 YASAR YASER DIRECTOR 3.00 0.00 X 0 0 0 MEHMET BAYSAN DIRECTOR 3.00 0.00 X 0 0 0 ROXANNE BARRY DIRECTOR 3.00 0.00 X 0 0 0 0 0 0 0 false false false 116618 116618 PROGRAM SERVICE REVENUE 900099 30000 30000 30000 27898 27898 308377 259285 49092 49092 49092 REFUNDS 900099 615 615 615 224223 30615 0 76990 77178 77178 36000 18000 9000 9000 4548 2274 1137 1137 1000 1000 2784 2784 4200 600 3600 2247 1123 562 562 9912 4956 2478 2478 237 119 59 59 18 18 3320 1660 830 830 Telephone 1291 645 323 323 Postages and shipping 1079 539 270 270 Printingcopying newsletter 519 259 130 130 Website technical support 173 87 43 43 1229 615 307 307 145735 108055 22541 15139 X 115629 94990 22511 11350 3716 2348 455 1392 5263 4574 689 670351 779271 812662 890040 17016 4900 17016 4900 X 676832 747540 83444 92230 35370 45370 795646 885140 812662 890040 78488 11006 0 X true X false true false X 279064 246555 126826 842112 116617 1611174 279064 246555 126826 842112 116617 1611174 1611174 23644 22619 22806 29532 27898 126499 1737673 122960 0.92720 0.92730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 789017 82842 87996 77178 882677 685803 795803 115235 766082 41742 789017 711392 44315 -60789 9115 685803 837749 201211 74397 401965 711392 579797 226069 45704 13821 837749 0.85000 0.05000 0.10000 false false 5263 4574 689 689 X 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. true Europe including Iceland and Greenland Grant making NA 77178 77178 77178 Europe including Iceland and Greenland See Sch O 70478 Check 0 Europe including Iceland and Greenland See Sch O 6700 Check 1 false false false false false false 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. Kadriye Ekmekci Wife of Ismail Ekmekci President 36000 Salary earned as Office Administrator false Supplemental Information for Schedule L Mrs. 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. Officer directors etc family relationship Part VI line 2 Dorothy Keller and Robert Keller: Family relationship. Committee meeting documentation Part VI line 8b No committee has the authority to act on behalf of the governing body. Form 990 governing body review Part VI line 11 The Officers and the Board of Directors review the form 990 before it is filed. Conflict of interest policy compliance Part VI line 12c The 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 15b The Organization doesn't have any compensated officer or key employee. Governing documents etc available to public Part VI line 19 Governing documents, conflict of interest policy and financial statements are available for public inspection, upon request, at 14 Beacon Street, Boston MA 02108 General explanation attachment Form 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.