Turkish American Culturalassociation Of Washington
Turkish American Cultural Association of Washington shows strong revenue growth and no executive compensation.
EIN: 205426812 · Bellevue, WA · NTEE: A26 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $251K |
| Total Expenses | $343K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $340,000. |
| Net Assets | $97K |
| Transparency Score | 90/100 |
Is Turkish American Culturalassociation Of Washington Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Turkish American Culturalassociation Of Washington directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Turkish American Culturalassociation Of Washington
Turkish American Culturalassociation Of Washington (EIN: 205426812) is a nonprofit organization based in Bellevue, WA, classified under NTEE code A26. The organization reported total revenue of $251K and total assets of $110K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Turkish American Culturalassociation Of Washington's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Turkish American Culturalassociation Of Washington is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $340K |
| Total Expenses | $343K |
| Surplus / Deficit | $-2,440 |
| Total Assets | $97K |
| Net Assets | $97K |
| Operating Margin | -0.7% |
| Months of Reserves | 3.4 months |
Financial Health Grade: B
In 2023, Turkish American Culturalassociation Of Washington reported a deficit of $2K with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Turkish American Culturalassociation Of Washington's revenue has grown at a compound annual growth rate (CAGR) of 17.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +120.4% | +146.7% | -2.9% |
| 2022 | +177.3% | +172.0% | +19.1% |
| 2021 | -5.8% | +33.2% | +4.0% |
| 2020 | -39.9% | -62.3% | +34.3% |
| 2019 | -0.8% | +0.7% | +4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Turkish American Culturalassociation Of Washington with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Turkish American Culturalassociation Of Washington allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $2K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for an organization of its size with recent revenues exceeding $340,000.
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 Turkish American Culturalassociation Of Washington's IRS 990 filings:
- Expenses slightly exceeded revenue in 2023 ($342,810 vs $340,370), though this is a minor deficit.
Strengths
The following positive indicators were identified for Turkish American Culturalassociation Of Washington:
- 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.
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) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Turkish American Culturalassociation Of Washington spend its money?
Turkish American Culturalassociation Of Washington directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Turkish American Culturalassociation Of Washington tax-deductible?
Turkish American Culturalassociation Of Washington is registered as a tax-exempt nonprofit (EIN: 205426812). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Turkish American Culturalassociation Of Washington CEO make?
Turkish American Culturalassociation Of Washington's highest-compensated officer earns $340,000. annually. The organization reported $251K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Turkish American Culturalassociation Of Washington's spending goes to programs?
Turkish American Culturalassociation Of Washington directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Turkish American Culturalassociation Of Washington compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Turkish American Culturalassociation Of Washington is above average for NTEE category A26 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Turkish American Culturalassociation Of Washington located?
Turkish American Culturalassociation Of Washington is headquartered in Bellevue, Washington and files with the IRS under EIN 205426812. It is classified under NTEE code A26.
How many years of IRS 990 filings does Turkish American Culturalassociation Of Washington have?
Turkish American Culturalassociation Of Washington 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 $251K in total revenue.
Is Turkish American Cultural Association of Washington a good charity?
Based on the available data, the Turkish American Cultural Association of Washington appears to be a good charity. It demonstrates strong program focus, no executive compensation, and consistent financial transparency through its IRS 990 filings.
How has the organization's revenue trended recently?
The organization's revenue has shown significant growth, particularly from $55,693 in 2021 to $340,370 in 2023, indicating increased support and activity.
Does the organization have any debt?
No, the organization consistently reports $0 in liabilities across all available filing periods, indicating a debt-free operation.
Filing History
IRS 990 filing history for Turkish American Culturalassociation Of Washington showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Turkish American Culturalassociation Of Washington's revenue has grown by 609.6%, moving from $48K to $340K. Total assets increased by 97.7% over the same period, from $49K to $97K. Total functional expenses rose by 531.9%, from $54K to $343K. In its most recent filing year (2023), Turkish American Culturalassociation Of Washington reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $340K | $343K | $97K | $0 | — | — |
| 2022 | $154K | $139K | $100K | $0 | — | View 990 |
| 2021 | $56K | $51K | $84K | $0 | — | View 990 |
| 2020 | $59K | $38K | $81K | $0 | — | — |
| 2019 | $98K | $102K | $60K | $0 | — | View 990 |
| 2018 | $99K | $101K | $58K | $0 | — | View 990 |
| 2017 | $78K | $96K | $59K | $0 | — | View 990 |
| 2016 | $116K | $79K | $90K | $0 | — | View 990 |
| 2015 | $78K | $82K | $43K | $0 | — | View 990 |
| 2014 | $80K | $74K | $69K | $0 | — | View 990 |
| 2013 | $50K | $49K | $63K | $0 | — | View 990 |
| 2012 | $71K | $61K | $60K | $0 | — | View 990 |
| 2011 | $48K | $54K | $49K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $340K, expenses of $343K, and assets of $97K (revenue +120.4% year-over-year).
- 2022: Revenue of $154K, expenses of $139K, and assets of $100K (revenue +177.3% year-over-year).
- 2021: Revenue of $56K, expenses of $51K, and assets of $84K (revenue -5.8% year-over-year).
- 2020: Revenue of $59K, expenses of $38K, and assets of $81K (revenue -39.9% year-over-year).
- 2019: Revenue of $98K, expenses of $102K, and assets of $60K (revenue -0.8% year-over-year).
- 2018: Revenue of $99K, expenses of $101K, and assets of $58K (revenue +26.5% year-over-year).
- 2017: Revenue of $78K, expenses of $96K, and assets of $59K (revenue -32.2% year-over-year).
- 2016: Revenue of $116K, expenses of $79K, and assets of $90K (revenue +49.3% year-over-year).
- 2015: Revenue of $78K, expenses of $82K, and assets of $43K (revenue -2.6% year-over-year).
- 2014: Revenue of $80K, expenses of $74K, and assets of $69K (revenue +59.9% year-over-year).
- 2013: Revenue of $50K, expenses of $49K, and assets of $63K (revenue -30.2% year-over-year).
- 2012: Revenue of $71K, expenses of $61K, and assets of $60K (revenue +48.8% year-over-year).
- 2011: Revenue of $48K, expenses of $54K, and assets of $49K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Turkish American Culturalassociation Of Washington:
Data Sources and Methodology
This transparency report for Turkish American Culturalassociation Of Washington 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.