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Friends Of The American Board School

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222789574 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of The American Board School?

Friends of the American Board School is a nonprofit organization located in Boston, Massachusetts. Established with the mission to support secondary education and healthcare in Turkey, they provide financial and educational assistance to schools and hospitals in the country. Their primary activities include granting funds and allocating expenses based on estimated time. The organization's goal is to instill values and impart knowledge to young men and women in Turkey, fostering them to become contemporary leaders contributing to the nation's development. With a small team of one dedicated individual, Friends of the American Board School is committed to improving the educational and healthcare landscape in Turkey.


Official website here: www.fabsit.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Stars

Friends Of The American Board School has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The charity's overall score is based solely on its Accountability & Finance score, which is also rated at 97%. This high rating underscores the organization's effective management of resources and transparency in operations.

The organization demonstrates a strong governance structure with 100% of its board members being independent, a clear indicator of its commitment to avoiding conflicts of interest. It also scores perfectly on several key accountability metrics, including having a whistleblower policy and a documented retention policy, which further illustrates its dedication to ethical practices.

However, while the charity excels in financial management and accountability, the summary does not provide insights on its programmatic impact or community feedback. Potential donors may want to consider looking for additional information regarding the effectiveness of its programs and the overall outcomes it achieves for the communities it serves.


This AI summary has been generated from information found on Charity Navigator.

Is Friends Of The American Board School legitimate?

Friends Of The American Board School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The American Board School submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,000

For more financial information, click here


Official website here: www.fabsit.org

What is the mission statement of Friends Of The American Board School?

The mission of Friends Of The American Board School is focused on fostering excellence in secondary education and healthcare in Turkey. They achieve this by providing support to American Board Schools and hospitals. Through this assistance, they aim to instill values and provide knowledge to young men and women, helping them become contemporary leaders who contribute to Turkey's development. The organization's purpose is to enhance the quality of education and healthcare, thereby preparing future leaders for Turkey's progress.


Official website here: www.fabsit.org

What is the revenue of Friends Of The American Board School?

Friends Of The American Board School's revenue in 2024 was $289,181.


Official website here: www.fabsit.org

Who are the executives of Friends Of The American Board School and what are their salaries?

The average compensation at Friends Of The American Board School during 2024 was $60,000. There is 1 employee and 10 volunteers at Friends Of The American Board School.

Here are 10 key members and their salaries:


Hakan Ozkabas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Keller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barclay Shepard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ahmet Hoke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Selim Sulos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dilhan Kalyon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerem Turunc (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ismail Ekmekci (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Balca Korkut Gok (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tarik Mughisuddin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fabsit.org

Where can I find the form 990 for Friends Of The American Board School?

Friends Of The American Board School's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.fabsit.org

Learn more at the official website: www.fabsit.org

Mission Statement of Friends Of The American Board School

Friends of the American Board School is an organization dedicated to fostering excellence in secondary education and healthcare in Turkey. By supporting American Board Schools and hospitals, this nonprofit aims to instill values and provide knowledge, thereby helping young men and women develop into contemporary leaders who contribute to Turkey's progress. Established with the purpose of providing financial and educational assistance to schools and hospitals in Turkey, Friends of the American Board School allocates its resources to grant programs and other expenses based on estimated time. The organization's mission is to elevate the standards of education and healthcare in Turkey, thereby empowering its future leaders to shape the country's development.

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Impact




October, 2024

Friends Of The American Board School fosters excellence in secondary education and healthcare in Turkey by supporting American Board schools and hospitals. Through these institutions, it instills values and provides knowledge, empowering young men and women to become contemporary leaders. This initiative contributes significantly to the overall development of Turkey by generating informed and capable individuals who can positively impact society.

The organization focuses on providing both financial and educational assistance, ensuring that schools and hospitals have the necessary resources to thrive. By allocating funds towards meaningful program services and grants, it not only enhances the quality of education but also reinforces the healthcare infrastructure in Turkey. The resulting synergy between education and healthcare fortifies the community, helping to prepare future leaders who are equipped to address the challenges facing their country.




This information is meant to be a general summary of Friends Of The American Board School. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$289,181 (2024)
Expenses
$206,644 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $14,204
  • Program Service Revenue: $46,000
  • Gross Receipts: $645,252

Assets and Liabilities:

  • Total Assets: $972,771
  • Total Liabilities: $5,200
  • Net Assets: $967,571

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$46,000

Organization Details

Founding Year

1986

Principal Officer

Kerem Turunc

NTEE Category

Code: Q123 - International

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