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Triad Educational Services Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Nonmonetary Support N.E.C. (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$7.58M (2023)

Expenses
$5.2M (2023)

Total Assets
$103M (2023)

Total Liabilities
$106M (2023)

Source: Form 990 tax filings from 2013 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,577,228
Expenses
$5,200,006
Net Income
$2,377,222
Net Assets
-$2,602,938
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,259,000
16.6%
Program Services $4,857,085
64.1%
Investment Income $1,095,237
14.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $365,906
4.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $111,155
2.1%
Assets/Debt
Total Assets $103,340,096
Total Liabilities $105,943,034
Net Assets -$2,602,938
Compensation
Key Employees and Officers Compensation Related Other
Dr Ahmet Bozdag (President) $0 $0 $0
Tuncay Gedik (Member) $0 $0 $0
Mumin Karamisir (Treasurer) $0 $0 $0
Shkerah Mcdowell (Member) $0 $0 $0
Fahrudin Mekic (Member) $0 $0 $0
Mustafa Tosun (Member) $0 $0 $0
Murat Bakir Phd (Business Man) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,915,716
Expenses
$4,754,516
Net Income
$1,161,200
Net Assets
-$2,813,902
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,088,662
35.3%
Investment Income $6,072
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,820,982
64.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $71,109
1.5%
Assets/Debt
Total Assets $65,312,732
Total Liabilities $68,126,634
Net Assets -$2,813,902
Compensation
Key Employees and Officers Compensation Related Other
Dr Ahmet Bozdag (President) $0 $0 $0
Mumin Daramisir (Treasurer) $0 $0 $0
Tuncay Gedik (Member) $0 $0 $0
Murat Bakir Phd (Business Man) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,928,977
Expenses
$1,801,649
Net Income
$127,328
Net Assets
-$1,036,925
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,927,929
99.9%
Investment Income $196
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $852
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $61,475
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $19,188,075
Total Liabilities $20,225,000
Net Assets -$1,036,925
Compensation
Key Employees and Officers Compensation Related Other
Orhan Akbulut (Business Man) $66,105 $0 $0
Nihat Fidan (President) $0 $0 $0
Dr Hakan Golbasi (Vice Preside) $0 $0 $0
Dr Ahmet Bozdag (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,798,378
Expenses
$1,817,291
Net Income
-$18,913
Net Assets
-$1,164,253
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,773,437
98.6%
Investment Income $22,789
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,152
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $61,251
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $19,440,747
Total Liabilities $20,605,000
Net Assets -$1,164,253
Compensation
Key Employees and Officers Compensation Related Other
Orhan Akbulut (Business Man) $59,491 $0 $0
Dr Fatih Oguz (Past Preside) $0 $0 $0
Dr Hakan Golbasi (Vice Preside) $0 $0 $0
Dr Ahmet Bozdag (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,799,896
Expenses
$1,835,722
Net Income
-$35,826
Net Assets
-$1,145,340
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,764,832
98.1%
Investment Income $34,173
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $891
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $54,514
3.0%
Professional Fundraising Fees $0
Other Salaries and Wages $3,135
0.2%
Assets/Debt
Total Assets $19,819,660
Total Liabilities $20,965,000
Net Assets -$1,145,340
Compensation
Key Employees and Officers Compensation Related Other
Orhan Akbulut (Business Man) $54,514 $0 $0
Fatih Oguz (President) $0 $0 $0
Ahmet Bozdag (Treasurer) $0 $0 $0
Hakan Golbasi (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,801,748
Expenses
$1,903,413
Net Income
-$101,665
Net Assets
-$1,109,514
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,766,599
98.0%
Investment Income $32,184
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,965
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $52,184
2.7%
Professional Fundraising Fees $0
Other Salaries and Wages $43,877
2.3%
Assets/Debt
Total Assets $20,238,371
Total Liabilities $21,347,885
Net Assets -$1,109,514
Compensation
Key Employees and Officers Compensation Related Other
Orhan Akbulut (Business Man) $52,184 $0 $0
Fatih Oguz (President) $0 $0 $0
Ahmet Bozdag (Treasurer) $0 $0 $0
Hakan Golbasi (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,790,567
Expenses
$1,940,593
Net Income
-$150,026
Net Assets
-$1,007,849
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,769,649
98.8%
Investment Income $2,144
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $18,774
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $56,444
2.9%
Professional Fundraising Fees $0
Other Salaries and Wages $46,987
2.4%
Assets/Debt
Total Assets $20,617,151
Total Liabilities $21,625,000
Net Assets -$1,007,849
Compensation
Key Employees and Officers Compensation Related Other
Orhan Akbulut (Business Man) $18,944 $0 $0
Fatih Oguz (President) $0 $0 $0
Ahmet Bozdag (Treasurer) $0 $0 $0
Hakan Golbasi (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,789,229
Expenses
$1,994,817
Net Income
-$205,588
Net Assets
-$857,823
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,782,175
99.6%
Investment Income $184
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,870
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $60,000
3.0%
Professional Fundraising Fees $0
Other Salaries and Wages $57,023
2.9%
Assets/Debt
Total Assets $19,146,335
Total Liabilities $20,004,158
Net Assets -$857,823

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,258,469
Expenses
$1,965,594
Net Income
-$707,125
Net Assets
-$733,057
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,174,265
93.3%
Investment Income $41
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $84,163
6.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $60,000
3.1%
Professional Fundraising Fees $0
Other Salaries and Wages $26,910
1.4%
Assets/Debt
Total Assets $21,521,924
Total Liabilities $22,254,981
Net Assets -$733,057

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,066,860
Expenses
$1,241,262
Net Income
-$174,402
Net Assets
-$25,932
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,066,822
100.0%
Investment Income $38
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $78,714
6.3%
Assets/Debt
Total Assets $12,907,999
Total Liabilities $12,933,931
Net Assets -$25,932

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$588,878
Expenses
$569,412
Net Income
$19,466
Net Assets
$148,470
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $588,138
99.9%
Investment Income $740
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $59,535
10.5%
Assets/Debt
Total Assets $7,432,505
Total Liabilities $7,284,035
Net Assets $148,470

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending June
2012

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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