Is Maryland Turkish American Inhabitants Inc Legit?

Quick charity verification for Maryland Turkish American Inhabitants Inc (EIN: 200539388)

Verdict: Maryland Turkish American Inhabitants Inc appears trustworthy

70/100Mission Score
$742KRevenue
$3.4MAssets
2Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Maryland Turkish American Inhabitants Inc allocates its funds across programs, administration, and fundraising.

75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Maryland Turkish American Inhabitants Inc

Is Maryland Turkish American Inhabitants Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Maryland Turkish American Inhabitants Inc (EIN: 200539388) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.

Is Maryland Turkish American Inhabitants Inc a good charity to donate to?

Maryland Turkish American Inhabitants Inc has a Mission Score of 70/100. Revenue: $742K. Assets: $3.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Maryland Turkish American Inhabitants Inc?

The Employer Identification Number (EIN) for Maryland Turkish American Inhabitants Inc is 200539388. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Maryland Turkish American Inhabitants Inc spend its money?

Maryland Turkish American Inhabitants Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Maryland Turkish American Inhabitants Inc's tax-exempt status?

You can verify Maryland Turkish American Inhabitants Inc's tax-exempt status using EIN 200539388 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Maryland Turkish American Inhabitants Inc. demonstrates fluctuating financial performance over the past decade, with recent years showing significant revenue growth. In 2023, the organization reported revenue of $733,359 against expenses of $768,108, indicating a slight deficit for the year. However, this follows a strong surplus in 2022 where revenue was $479,289 and expenses were $430,366. The organization consistently reports zero officer compensation, which is a positive indicator for donor confidence regarding executive pay. Their asset base has grown to $3,539,987 in 2023, but it's important to note the substantial liabilities, reaching $2,102,179 in the same year, which warrants closer examination. The organization's spending efficiency cannot be fully assessed without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent reporting of zero officer compensation suggests a commitment to minimizing overhead in that specific area. The significant increase in liabilities over the years, from $193,697 in 2021 to over $2 million in 2023, is a key area for further scrutiny to understand the nature of these obligations and their impact on long-term financial stability. Overall, while revenue has shown positive trends, the growing liabilities and lack of detailed expense breakdown present some transparency challenges.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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