Turkish American Scientists And Scholars Association Inc
Turkish American Scientists And Scholars Association Inc maintains strong financial health with consistent asset growth and no officer compensation.
EIN: 201149471 · Rockville, MD · NTEE: U03 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $117K |
| Total Expenses | $55K |
| Program Spending | 85% |
| Net Assets | $293K |
| Transparency Score | 90/100 |
Is Turkish American Scientists And Scholars Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Turkish American Scientists And Scholars Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Turkish American Scientists And Scholars Association Inc
Turkish American Scientists And Scholars Association Inc (EIN: 201149471) is a nonprofit organization based in Rockville, MD, classified under NTEE code U03. The organization reported total revenue of $117K and total assets of $293K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Turkish American Scientists And Scholars Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Turkish American Scientists And Scholars Association Inc is a small nonprofit that has been operating for 20 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 75.2%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $117K |
| Total Expenses | $55K |
| Surplus / Deficit | +$63K |
| Total Assets | $293K |
| Net Assets | $293K |
| Operating Margin | 53.4% |
| Months of Reserves | 64.4 months |
Financial Health Grade: A
In 2018, Turkish American Scientists And Scholars Association Inc reported a surplus of $63K with revenue exceeding expenses, holds 64.4 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2011–2018), Turkish American Scientists And Scholars Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 75.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +527.3% | +475.4% | +27.1% |
| 2017 | -66.2% | -60.1% | +4.2% |
| 2016 | +286.4% | +134.7% | +16.2% |
| 2015 | -72.1% | -50.6% | +2.7% |
| 2014 | +54.4% | -30.6% | +19.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Scientists And Scholars Association Inc 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 Scientists And Scholars Association Inc 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $63K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size and contributes to greater financial efficiency.
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 Scientists And Scholars Association Inc:
- 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).
Frequently Asked Questions about Turkish American Scientists And Scholars Association Inc
Is Turkish American Scientists And Scholars Association Inc a legitimate charity?
Turkish American Scientists And Scholars Association Inc (EIN: 201149471) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 90/100. It has 8 years of IRS 990 filings on record. Total revenue: $117K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Turkish American Scientists And Scholars Association Inc spend its money?
Turkish American Scientists And Scholars Association Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Turkish American Scientists And Scholars Association Inc tax-deductible?
Turkish American Scientists And Scholars Association Inc is registered as a tax-exempt nonprofit (EIN: 201149471). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Turkish American Scientists And Scholars Association Inc's spending goes to programs?
Turkish American Scientists And Scholars Association Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Turkish American Scientists And Scholars Association Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Turkish American Scientists And Scholars Association Inc is above average for NTEE category U03 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Turkish American Scientists And Scholars Association Inc located?
Turkish American Scientists And Scholars Association Inc is headquartered in Rockville, Maryland and files with the IRS under EIN 201149471. It is classified under NTEE code U03.
How many years of IRS 990 filings does Turkish American Scientists And Scholars Association Inc have?
Turkish American Scientists And Scholars Association Inc has 8 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 $117K in total revenue.
Is Turkish American Scientists And Scholars Association Inc a good charity?
Based on its financial data, TASSA appears to be a very good charity. It consistently generates surpluses, has growing assets, zero liabilities, and operates with 0% officer compensation, suggesting high efficiency and dedication to its mission.
How has TASSA's financial health changed over time?
TASSA has shown consistent financial growth. Its assets have grown from $113,450 in 2011 to $293,416 in 2018, and it has maintained a healthy balance of revenue over expenses in most years, indicating strong financial management.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that its leadership serves on a volunteer basis, which is a significant strength in terms of financial efficiency and dedication.
Filing History
IRS 990 filing history for Turkish American Scientists And Scholars Association Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Turkish American Scientists And Scholars Association Inc's revenue has grown by 4964.2%, moving from $2K to $117K. Total assets increased by 158.6% over the same period, from $113K to $293K. Total functional expenses rose by 1705.3%, from $3K to $55K. In its most recent filing year (2018), Turkish American Scientists And Scholars Association Inc reported a surplus of $63K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $117K | $55K | $293K | $0 | — | View 990 |
| 2017 | $19K | $9K | $231K | $0 | — | View 990 |
| 2016 | $55K | $24K | $222K | $0 | — | View 990 |
| 2015 | $14K | $10K | $191K | $750 | — | View 990 |
| 2014 | $51K | $21K | $186K | $0 | — | View 990 |
| 2013 | $33K | $30K | $156K | $750 | — | View 990 |
| 2012 | $88K | $50K | $157K | $5K | — | View 990 |
| 2011 | $2K | $3K | $113K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $117K, expenses of $55K, and assets of $293K (revenue +527.3% year-over-year).
- 2017: Revenue of $19K, expenses of $9K, and assets of $231K (revenue -66.2% year-over-year).
- 2016: Revenue of $55K, expenses of $24K, and assets of $222K (revenue +286.4% year-over-year).
- 2015: Revenue of $14K, expenses of $10K, and assets of $191K (revenue -72.1% year-over-year).
- 2014: Revenue of $51K, expenses of $21K, and assets of $186K (revenue +54.4% year-over-year).
- 2013: Revenue of $33K, expenses of $30K, and assets of $156K (revenue -62.2% year-over-year).
- 2012: Revenue of $88K, expenses of $50K, and assets of $157K (revenue +3693.8% year-over-year).
- 2011: Revenue of $2K, expenses of $3K, and assets of $113K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Turkish American Scientists And Scholars Association Inc:
Data Sources and Methodology
This transparency report for Turkish American Scientists And Scholars 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.