American Turkish Association Inc
EIN: 237302182 · Rockville, MD · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $308K |
| Total Expenses | $382K |
| Net Assets | $704K |
Is American Turkish Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About American Turkish Association Inc
American Turkish Association Inc (EIN: 237302182) is a nonprofit organization based in Rockville, MD, classified under NTEE code A23. The organization reported total revenue of $308K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Turkish Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Turkish Association Inc is a small nonprofit that has been operating for 13 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $401K |
| Total Expenses | $382K |
| Surplus / Deficit | +$19K |
| Total Assets | $705K |
| Total Liabilities | $990 |
| Net Assets | $704K |
| Operating Margin | 4.8% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 22.1 months |
Financial Health Grade: A
In 2023, American Turkish Association Inc reported a surplus of $19K with revenue exceeding expenses, holds 22.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), American Turkish Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +59.6% | +74.3% | +2.9% |
| 2022 | +85.6% | +73.5% | +4.9% |
| 2021 | +40.2% | +52.6% | -3.6% |
| 2020 | -31.8% | -41.7% | +20.5% |
| 2017 | +6.4% | +29.0% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for American Turkish Association Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Turkish Association Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about American Turkish Association Inc
Is American Turkish Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Turkish Association Inc (EIN: 237302182) insufficient data. 0 red flags identified, 0 strengths noted.
How does American Turkish Association Inc spend its money?
Detailed spending breakdown data is not yet available for American Turkish Association Inc. Check back for updated IRS 990 analysis.
Are donations to American Turkish Association Inc tax-deductible?
American Turkish Association Inc is registered as a tax-exempt nonprofit (EIN: 237302182). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is American Turkish Association Inc located?
American Turkish Association Inc is headquartered in Rockville, Maryland and files with the IRS under EIN 237302182. It is classified under NTEE code A23.
How many years of IRS 990 filings does American Turkish Association Inc have?
American Turkish Association Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $308K in total revenue.
Filing History
IRS 990 filing history for American Turkish Association Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), American Turkish Association Inc's revenue has grown by 347%, moving from $90K to $401K. Total assets increased by 108.2% over the same period, from $339K to $705K. Total functional expenses rose by 316.7%, from $92K to $382K. In its most recent filing year (2023), American Turkish Association Inc reported a surplus of $19K, with revenue exceeding expenses. The organization holds $990 in liabilities against $705K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $704K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $401K | $382K | $705K | $990 | — | — |
| 2022 | $252K | $219K | $685K | $0 | — | — |
| 2021 | $136K | $126K | $653K | $558 | — | View 990 |
| 2020 | $97K | $83K | $678K | $34K | — | — |
| 2017 | $142K | $142K | $562K | $0 | — | View 990 |
| 2016 | $133K | $110K | $563K | $0 | — | View 990 |
| 2015 | $196K | $189K | $540K | $0 | — | View 990 |
| 2013 | $170K | $144K | $511K | $0 | — | View 990 |
| 2012 | $213K | $204K | $350K | $0 | — | — |
| 2011 | $90K | $92K | $339K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $401K, expenses of $382K, and assets of $705K (revenue +59.6% year-over-year).
- 2022: Revenue of $252K, expenses of $219K, and assets of $685K (revenue +85.6% year-over-year).
- 2021: Revenue of $136K, expenses of $126K, and assets of $653K (revenue +40.2% year-over-year).
- 2020: Revenue of $97K, expenses of $83K, and assets of $678K (revenue -31.8% year-over-year).
- 2017: Revenue of $142K, expenses of $142K, and assets of $562K (revenue +6.4% year-over-year).
- 2016: Revenue of $133K, expenses of $110K, and assets of $563K (revenue -32.1% year-over-year).
- 2015: Revenue of $196K, expenses of $189K, and assets of $540K (revenue +15.6% year-over-year).
- 2013: Revenue of $170K, expenses of $144K, and assets of $511K (revenue -20.5% year-over-year).
- 2012: Revenue of $213K, expenses of $204K, and assets of $350K (revenue +137.6% year-over-year).
- 2011: Revenue of $90K, expenses of $92K, and assets of $339K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Turkish Association Inc:
Data Sources and Methodology
This transparency report for American Turkish Association Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.