Turkish American Religious Foundation

Turkish American Religious Foundation shows strong revenue growth and zero officer compensation in latest filing.

EIN: 134194912 · Lanham, MD · NTEE: P84 · Updated: 2026-03-28

$1.8MRevenue

$7.8MAssets

92/100Mission Score (Excellent)

P84

About Turkish American Religious Foundation

Turkish American Religious Foundation (EIN: 134194912) is a nonprofit organization based in Lanham, MD, classified under NTEE code P84. The organization reported total revenue of $1.8M and total assets of $7.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Turkish American Religious Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Turkish American Religious Foundation demonstrates a fluctuating but generally positive financial trajectory, with significant revenue growth in its latest filing period (202312) reaching $5,767,146, a substantial increase from the prior year's $708,468. The organization consistently reports zero officer compensation across all available filings, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. While specific program spending details are not provided in the summary data, the consistent reporting of zero liabilities in recent years (202312, 202212) suggests sound financial management and a healthy balance sheet. The organization's assets have remained robust, hovering around $7-9 million over the past decade, indicating long-term stability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Turkish American Religious Foundation with a Mission Score of 92 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: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Turkish American Religious Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all 12 available filings, indicating that no salaries are paid to its executives, which is highly commendable for a nonprofit of its size with assets exceeding $7 million.

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.

Strengths

The following positive indicators were identified for Turkish American Religious Foundation:

Consistent zero officer compensation across all filings, indicating strong commitment to mission.
Significant revenue growth in the latest filing period (202312) to $5,767,146.
Zero liabilities reported in the two most recent filing periods (202312, 202212), indicating strong financial health.
Robust and stable asset base, consistently above $7 million over the past decade.
Efficient spending with expenses generally well below revenue in most periods, leading to asset growth.

Frequently Asked Questions about Turkish American Religious Foundation

Is the Turkish American Religious Foundation financially stable?

Yes, the organization appears financially stable, with assets consistently above $7 million and zero liabilities reported in its two most recent filings (202312, 202212).

How has the organization's revenue changed over time?

Revenue has fluctuated significantly, with a peak of $5,767,146 in 202312, a substantial increase from $708,468 in 202212, and previous highs of $2,624,259 in 201412 and $1,730,909 in 201512.

Does the organization pay its officers?

No, the organization consistently reports 0% officer compensation across all available IRS 990 filings, indicating no salaries are paid to its executives.

What is the trend in the organization's liabilities?

Liabilities have decreased significantly, reaching $0 in the 202312 and 202212 periods, down from a high of $424,159 in 201512, indicating improved financial health.

Filing History

IRS 990 filing history for Turkish American Religious Foundation showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), Turkish American Religious Foundation's revenue has grown by 187.1%, moving from $2.0M to $5.8M. Total assets increased by 52.9% over the same period, from $5.0M to $7.7M. Total functional expenses rose by 823%, from $577K to $5.3M. In its most recent filing year (2023), Turkish American Religious Foundation reported a surplus of $441K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$5.8M	$5.3M	$7.7M	$0	—	—
2022	$708K	$560K	$7.2M	$0	—	View 990
2021	$974K	$583K	$8.6M	$200K	—	View 990
2020	$1.2M	$513K	$9.6M	$200K	—	View 990
2019	$957K	$655K	$9.1M	$310K	—	View 990
2018	$804K	$577K	$8.8M	$374K	—	View 990
2017	$599K	$650K	$8.6M	$374K	—	View 990
2016	$601K	$639K	$8.4M	$374K	—	View 990
2015	$1.7M	$599K	$8.4M	$424K	—	View 990
2014	$2.6M	$384K	$7.0M	$172K	—	View 990
2013	$875K	$390K	$5.0M	$374K	—	View 990
2011	$2.0M	$577K	$5.0M	$1.1M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $5.8M, expenses of $5.3M, and assets of $7.7M (revenue +714.0% year-over-year).
2022: Revenue of $708K, expenses of $560K, and assets of $7.2M (revenue -27.3% year-over-year).
2021: Revenue of $974K, expenses of $583K, and assets of $8.6M (revenue -17.2% year-over-year).
2020: Revenue of $1.2M, expenses of $513K, and assets of $9.6M (revenue +22.9% year-over-year).
2019: Revenue of $957K, expenses of $655K, and assets of $9.1M (revenue +19.0% year-over-year).
2018: Revenue of $804K, expenses of $577K, and assets of $8.8M (revenue +34.2% year-over-year).
2017: Revenue of $599K, expenses of $650K, and assets of $8.6M (revenue -0.3% year-over-year).
2016: Revenue of $601K, expenses of $639K, and assets of $8.4M (revenue -65.3% year-over-year).
2015: Revenue of $1.7M, expenses of $599K, and assets of $8.4M (revenue -34.0% year-over-year).
2014: Revenue of $2.6M, expenses of $384K, and assets of $7.0M (revenue +200.0% year-over-year).
2013: Revenue of $875K, expenses of $390K, and assets of $5.0M (revenue -56.5% year-over-year).
2011: Revenue of $2.0M, expenses of $577K, and assets of $5.0M.

Data Sources and Methodology

This transparency report for Turkish American Religious Foundation 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.