Maryland Turkish American Inhabitants Inc
Maryland Turkish American Inhabitants Inc. shows fluctuating revenue and growing liabilities despite zero officer compensation.
EIN: 200539388 · Columbia, MD · NTEE: A23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $742K |
| Total Expenses | $768K |
| Program Spending | 75% |
| Net Assets | $1.4M |
| Transparency Score | 70/100 |
Is Maryland Turkish American Inhabitants Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maryland Turkish American Inhabitants Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maryland Turkish American Inhabitants Inc
Maryland Turkish American Inhabitants Inc (EIN: 200539388) is a nonprofit organization based in Columbia, MD, classified under NTEE code A23. The organization reported total revenue of $742K and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maryland Turkish American Inhabitants Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maryland Turkish American Inhabitants Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $733K |
| Total Expenses | $768K |
| Surplus / Deficit | $-34,749 |
| Total Assets | $3.5M |
| Total Liabilities | $2.1M |
| Net Assets | $1.4M |
| Operating Margin | -4.7% |
| Debt-to-Asset Ratio | 59.4% |
| Months of Reserves | 55.3 months |
Financial Health Grade: C
In 2023, Maryland Turkish American Inhabitants Inc reported a deficit of $35K with expenses exceeding revenue, holds 55.3 months of operating reserves (strong position), has a debt-to-asset ratio of 59.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Maryland Turkish American Inhabitants Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.0% | +78.5% | +2.1% |
| 2022 | +212.1% | +32.3% | +125.2% |
| 2021 | -77.4% | -6.2% | -55.5% |
| 2020 | +484.7% | +24.2% | +15.4% |
| 2019 | +150.8% | +30.1% | -6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Maryland Turkish American Inhabitants Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Maryland Turkish American Inhabitants Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 59.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is a strong positive for minimizing administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Maryland Turkish American Inhabitants Inc's IRS 990 filings:
- Significant increase in liabilities from $193,697 in 2021 to $2,102,179 in 2023, warranting further investigation.
- Operating at a deficit in 2023, with expenses ($768,108) exceeding revenue ($733,359).
Strengths
The following positive indicators were identified for Maryland Turkish American Inhabitants Inc:
- Consistent reporting of 0% officer compensation, indicating no executive salaries.
- Substantial asset base of $3,539,987 in 2023.
- Significant revenue growth in recent years, reaching $733,359 in 2023 from $153,547 in 2021.
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) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Maryland Turkish American Inhabitants Inc spend its money?
Maryland Turkish American Inhabitants Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maryland Turkish American Inhabitants Inc tax-deductible?
Maryland Turkish American Inhabitants Inc is registered as a tax-exempt nonprofit (EIN: 200539388). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maryland Turkish American Inhabitants Inc's spending goes to programs?
Maryland Turkish American Inhabitants Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Maryland Turkish American Inhabitants Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Maryland Turkish American Inhabitants Inc is above average for NTEE category A23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maryland Turkish American Inhabitants Inc located?
Maryland Turkish American Inhabitants Inc is headquartered in Columbia, Maryland and files with the IRS under EIN 200539388. It is classified under NTEE code A23.
How many years of IRS 990 filings does Maryland Turkish American Inhabitants Inc have?
Maryland Turkish American Inhabitants Inc has 13 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 $742K in total revenue.
What is the nature of the significant increase in liabilities, from $193,697 in 2021 to $2,102,179 in 2023?
The provided data does not specify the nature of these liabilities. Further investigation into the organization's full IRS Form 990 would be necessary to understand if these are program-related, debt, or other obligations.
How does the organization manage its expenses given the fluctuating revenue, particularly in years with deficits like 2023?
In 2023, expenses ($768,108) exceeded revenue ($733,359), resulting in a deficit. The organization would likely be drawing from reserves or relying on future revenue to cover this gap. A detailed expense breakdown would clarify spending priorities.
What are the specific programs and activities that the organization funds with its revenue?
The provided NTEE code (A23) indicates 'Ethnic & Immigrant Centers', but the summary data does not detail specific programs. A review of their full 990 or website would be needed for this information.
Filing History
IRS 990 filing history for Maryland Turkish American Inhabitants Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maryland Turkish American Inhabitants Inc's revenue has grown by 46.1%, moving from $502K to $733K. Total assets increased by 12.8% over the same period, from $3.1M to $3.5M. Total functional expenses rose by 168.6%, from $286K to $768K. In its most recent filing year (2023), Maryland Turkish American Inhabitants Inc reported a deficit of $35K, with expenses exceeding revenue. The organization holds $2.1M in liabilities against $3.5M in assets (debt-to-asset ratio: 59.4%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $733K | $768K | $3.5M | $2.1M | — | — |
| 2022 | $479K | $430K | $3.5M | $2.0M | — | View 990 |
| 2021 | $154K | $325K | $1.5M | $194K | — | View 990 |
| 2020 | $678K | $347K | $3.5M | $1.6M | — | View 990 |
| 2019 | $116K | $279K | $3.0M | $1.5M | — | View 990 |
| 2018 | $46K | $215K | $3.2M | $1.5M | — | View 990 |
| 2017 | $169K | $185K | $3.1M | $1.5M | — | View 990 |
| 2016 | $188K | $273K | $3.2M | $1.5M | — | View 990 |
| 2015 | $318K | $290K | $3.2M | $1.4M | — | View 990 |
| 2014 | $495K | $299K | $3.4M | $1.4M | — | View 990 |
| 2013 | $405K | $236K | $3.5M | $1.7M | — | View 990 |
| 2012 | $447K | $232K | $3.5M | $1.8M | — | View 990 |
| 2011 | $502K | $286K | $3.1M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $733K, expenses of $768K, and assets of $3.5M (revenue +53.0% year-over-year).
- 2022: Revenue of $479K, expenses of $430K, and assets of $3.5M (revenue +212.1% year-over-year).
- 2021: Revenue of $154K, expenses of $325K, and assets of $1.5M (revenue -77.4% year-over-year).
- 2020: Revenue of $678K, expenses of $347K, and assets of $3.5M (revenue +484.7% year-over-year).
- 2019: Revenue of $116K, expenses of $279K, and assets of $3.0M (revenue +150.8% year-over-year).
- 2018: Revenue of $46K, expenses of $215K, and assets of $3.2M (revenue -72.7% year-over-year).
- 2017: Revenue of $169K, expenses of $185K, and assets of $3.1M (revenue -10.1% year-over-year).
- 2016: Revenue of $188K, expenses of $273K, and assets of $3.2M (revenue -40.8% year-over-year).
- 2015: Revenue of $318K, expenses of $290K, and assets of $3.2M (revenue -35.7% year-over-year).
- 2014: Revenue of $495K, expenses of $299K, and assets of $3.4M (revenue +22.3% year-over-year).
- 2013: Revenue of $405K, expenses of $236K, and assets of $3.5M (revenue -9.4% year-over-year).
- 2012: Revenue of $447K, expenses of $232K, and assets of $3.5M (revenue -11.0% year-over-year).
- 2011: Revenue of $502K, expenses of $286K, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maryland Turkish American Inhabitants Inc:
Data Sources and Methodology
This transparency report for Maryland Turkish American Inhabitants 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.