Is Turkish American Culturalassociation Of Washington Legit?
Quick charity verification for Turkish American Culturalassociation Of Washington (EIN: 205426812)
Verdict: Turkish American Culturalassociation Of Washington appears trustworthy
90/100Mission Score
$251KRevenue
$110KAssets
1Red Flags
5Strengths
Red Flags
Expenses slightly exceeded revenue in 2023 ($342,810 vs $340,370), though this is a minor deficit.
Strengths
Consistent reporting of 0% officer compensation, indicating volunteer leadership.
Strong revenue growth in recent years, reaching $340,370 in 2023.
Zero reported liabilities across all filing periods, indicating strong financial health.
Consistent filing of IRS 990 forms over 13 periods, demonstrating transparency.
Accumulation of assets over time, reaching $97,040 in 2023.
Spending Breakdown
How Turkish American Culturalassociation Of Washington allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Turkish American Culturalassociation Of Washington
Is Turkish American Culturalassociation Of Washington a legitimate charity?
Based on AI analysis of IRS 990 filings, Turkish American Culturalassociation Of Washington (EIN: 205426812) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Turkish American Culturalassociation Of Washington a good charity to donate to?
Turkish American Culturalassociation Of Washington has a Mission Score of 90/100. Revenue: $251K. Assets: $110K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Turkish American Culturalassociation Of Washington?
The Employer Identification Number (EIN) for Turkish American Culturalassociation Of Washington is 205426812. 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 Turkish American Culturalassociation Of Washington spend its money?
Turkish American Culturalassociation Of Washington allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Turkish American Culturalassociation Of Washington's tax-exempt status?
You can verify Turkish American Culturalassociation Of Washington's tax-exempt status using EIN 205426812 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
The Turkish American Cultural Association of Washington demonstrates a fluctuating but generally positive financial trajectory, with recent revenue in 2023 reaching $340,370, a significant increase from previous years. The organization consistently reports zero liabilities and zero officer compensation, indicating a strong balance sheet and a volunteer-driven leadership model. While expenses in 2023 ($342,810) slightly exceeded revenue, this appears to be an anomaly in their recent history, as they generally operate with a surplus or near break-even. Their assets have shown growth over time, reaching $97,040 in 2023, suggesting prudent financial management and accumulation of resources. The consistent filing of IRS 990 forms over 13 periods indicates a commitment to transparency.