Form 990 for tax year 2023
Filed by ISTANBUL INTERNATIONAL COMMUNITY SCHOOL INC.
Totals
- Total revenue
- $16,055,079
- Total expenses
- $15,686,588
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $15,445,117
- Investment income
- $609,962
- Other revenue
- $0
- Total assets, end of year
- $26,315,275
- Total liabilities, end of year
- $12,994,610
- Net assets or fund balances, end of year
- $13,320,665
- Program services expenses (Part IX)
- $15,669,258
- Management and general expenses
- $17,330
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $15,669,258
Program services were 99.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: Educ Support Services
total $14,039,448 · related or exempt $14,039,448
-
2b · Program service revenue: Other Income
total $1,321,098 · related or exempt $1,321,098
-
2c · Program service revenue: Other Comprehensive Income
total $84,571 · related or exempt $84,571
-
3 · Investment income
total $609,962 · excluded $609,962
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $11,795,227 · program services $11,795,227
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $15,790 · management and general $15,790
-
11b · Fees: legal
total $190 · management and general $190
-
11c · Fees: accounting
total $1,350 · management and general $1,350
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $25,932 · program services $25,932
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $659,864 · program services $659,864
-
23 · Insurance
total $0
-
24a · Other expenses: Currency translation loss
total $1,326,131 · program services $1,326,131
-
24b · Other expenses: Operation and Maintenance of Plant
total $1,786,278 · program services $1,786,278
-
24c · Other expenses: Other Expesnses
total $75,826 · program services $75,826
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $12,956,959 · end of year $14,397,942
-
4 · Accounts receivable
beginning of year $264,934 · end of year $152,494
-
8 · Inventories for sale or use
beginning of year $14,205 · end of year $19,614
-
9 · Prepaid expenses and deferred charges
beginning of year $804,702 · end of year $750,883
-
10a · Land, buildings and equipment: cost or other basis
$20,650,860
-
10b · Land, buildings and equipment: accumulated depreciation
$9,838,003
-
10c · Land, buildings and equipment, net
beginning of year $10,691,453 · end of year $10,812,857
-
15 · Other assets
beginning of year $216,140 · end of year $181,485
-
17 · Accounts payable and accrued expenses
beginning of year $315,539 · end of year $406,892
-
19 · Deferred revenue
beginning of year $9,330,244 · end of year $11,414,878
-
23 · Secured mortgages and notes payable
beginning of year $113,489 · end of year $116,819
-
25 · Other liabilities
beginning of year $2,236,947 · end of year $1,056,021
-
27 · Net assets without donor restrictions
beginning of year $12,952,174 · end of year $13,320,665
Mission and programs · 2023
Mission
The primary purpose is to provide teachers and administrators as well as facilities and equipment, including dormitories, faculty and administrative services for a primary and secondary school in Istanbul, Turkey.
-
Operation of a primary and secondary school for International Community of Istanbul, Turkey. The school provides teachers and administration as well as facilities. Approximately 511 students served.
Expenses $15,669,258 · Revenue $15,445,117
As filed on the 2023 return.
Listed in Part VII
-
Elizabeth Duffy
President
- Total calculated
- $0
- Hours/week
- 5
-
Molly Grunberg
Chairperson
- Total calculated
- $0
- Hours/week
- 5
-
Beau Higgins
Vice Chairman
- Total calculated
- $0
- Hours/week
- 5
-
Aleksandra Wacirz
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Deirdre A Simon
Secretary/ Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Figen Underdown
Board Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Oussama Najjar
Director
- Total calculated
- $0
- Hours/week
- 5
-
Kirsten Thompson
Director
- Total calculated
- $0
- Hours/week
- 5
-
Sahver Cekirdekci
Director
- Total calculated
- $0
- Hours/week
- 5
-
Omer Kipmen
Director
- Total calculated
- $0
- Hours/week
- 5
-
Nicolaas Mostert
Head of School
- Total calculated
- $0
- Hours/week
- 5
-
Jaden Lim
Director
- Total calculated
- $0
- Hours/week
- 5
-
Andy Nelson
Director
- Total calculated
- $0
- Hours/week
- 5
-
Carlo Pigino
Director
- Total calculated
- $0
- Hours/week
- 5
-
Fernando Romero
Director
- Total calculated
- $0
- Hours/week
- 5
-
Monique Sweep
Director
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 10 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202500179349301315
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