Is Turkish American Scientists And Scholars Association Inc Legit?
Quick charity verification for Turkish American Scientists And Scholars Association Inc (EIN: 201149471)
Verdict: Turkish American Scientists And Scholars Association Inc appears trustworthy
90/100Mission Score
$117KRevenue
$293KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $113,450 in 2011 to $293,416 in 2018.
Zero liabilities reported in the latest filing (2018), indicating excellent financial stability.
0% officer compensation across all filings, demonstrating high efficiency and volunteer leadership.
Revenue consistently exceeds expenses in most periods, leading to healthy surpluses.
Strong financial health with a significant surplus in the latest period ($117,286 revenue vs. $54,647 expenses).
Spending Breakdown
How Turkish American Scientists And Scholars Association Inc 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 Scientists And Scholars Association Inc
Is Turkish American Scientists And Scholars Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Turkish American Scientists And Scholars Association Inc (EIN: 201149471) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Turkish American Scientists And Scholars Association Inc a good charity to donate to?
Turkish American Scientists And Scholars Association Inc has a Mission Score of 90/100. Revenue: $117K. Assets: $293K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Turkish American Scientists And Scholars Association Inc?
The Employer Identification Number (EIN) for Turkish American Scientists And Scholars Association Inc is 201149471. 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 Scientists And Scholars Association Inc spend its money?
Turkish American Scientists And Scholars Association Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Turkish American Scientists And Scholars Association Inc's tax-exempt status?
You can verify Turkish American Scientists And Scholars Association Inc's tax-exempt status using EIN 201149471 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 Scientists And Scholars Association Inc (TASSA) demonstrates a generally healthy financial position, marked by consistent asset growth and a strong program spending focus. In its latest filing (2018), the organization reported revenue of $117,286 against expenses of $54,647, resulting in a significant surplus. This trend of revenue exceeding expenses is common across most of its filing history, contributing to its current asset base of $293,416 with zero liabilities, indicating excellent financial stability. The organization's spending efficiency appears high, with a substantial portion of its expenditures likely directed towards its mission, given the absence of officer compensation and relatively low overall expenses compared to revenue in most periods. The lack of reported officer compensation across all filings suggests a volunteer-driven leadership, which enhances its efficiency and transparency. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to precisely quantify administrative versus program spending, though the overall financial health is robust.