Is Turkish American Interculturaleducational Foundation Legit?
Quick charity verification for Turkish American Interculturaleducational Foundation (EIN: 208338602)
Verdict: Turkish American Interculturaleducational Foundation appears trustworthy
85/100Mission Score
$690KRevenue
$695KAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown in provided data makes full spending efficiency assessment difficult.
Strengths
Strong revenue growth, increasing from $174,925 in 2019 to $690,466 in 2023.
Consistent reporting of 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Healthy asset base of $694,728 in 2023, demonstrating financial stability.
Positive net income in the latest period (2023), with revenue exceeding expenses ($690,466 vs. $545,841).
Spending Breakdown
How Turkish American Interculturaleducational Foundation 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 Interculturaleducational Foundation
Is Turkish American Interculturaleducational Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Turkish American Interculturaleducational Foundation (EIN: 208338602) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Turkish American Interculturaleducational Foundation a good charity to donate to?
Turkish American Interculturaleducational Foundation has a Mission Score of 85/100. Revenue: $690K. Assets: $695K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Turkish American Interculturaleducational Foundation?
The Employer Identification Number (EIN) for Turkish American Interculturaleducational Foundation is 208338602. 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 Interculturaleducational Foundation spend its money?
Turkish American Interculturaleducational Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Turkish American Interculturaleducational Foundation's tax-exempt status?
You can verify Turkish American Interculturaleducational Foundation's tax-exempt status using EIN 208338602 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 Interculturaleducational Foundation demonstrates a positive trend in financial growth, with revenue increasing significantly from $174,925 in 2019 to $690,466 in 2023. This growth is accompanied by a healthy asset base of $694,728 in 2023, indicating a stable financial position. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of volunteer leadership and efficient use of donor funds, contributing positively to its transparency and public trust.
While specific program spending details are not provided in the summary data, the consistent growth in revenue and assets, coupled with no reported officer compensation, suggests a focus on mission. The organization's expenses have generally tracked with revenue growth, with the latest period (2023) showing expenses of $545,841 against revenues of $690,466, resulting in a surplus. This financial management indicates a capacity to cover operational costs and potentially expand programs.
However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a complete assessment of spending efficiency is challenging. The absence of officer compensation is a significant positive for transparency, but further detail on how the $545,841 in expenses is allocated would provide a clearer picture of program effectiveness and administrative overhead.