TURKISH EDUCATIONAL FOUNDATION
Income Statement
Fiscal Year Start:
Jun 1
Revenues in 2025
$615,090
Contributions
81%
Other
15%
Investments
2%
Fundraising Events
2%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2025
$629,618
Grants
>99%
Offices, Occupancy & IT
<1%
Fees to Service Providers
<1%
Other
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2024
2025
Change
Contributions
$343,751
$500,135
+45%
Government Grants
$0
$0
-
Fundraising Events
$140,442
$9,561
-93%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$173,313
$14,686
-92%
Other
-$6,970
$90,708
-1401%
Total Revenues
$650,536
$615,090
-5%
Expenses
2024
2025
Change
Grants
$419,201
$627,486
+50%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$0
$201
-
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$879
$1,831
+108%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$300
$100
-67%
Total Expenses
$420,380
$629,618
+50%
Net income
2024
2025
Change
Net income
+$230,156
-$14,528
-106%
Functional Expenses
Summary
2024
2025
Change
Program
$419,201
$627,486
+50%
Admin
$1,179
$0
-100%
Fundraising
$0
$0
-
Total Expenses
$420,380
$629,618
+50%
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