American Turkish Association of North Carolina
Nonprofit profile at a glance
- EIN
- 581792132
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Cary, NC, USA
- Phone
- 9194449666
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $54,109
- Expenses
- $54,439
- Assets
- $38,634
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- Ozgur Ozturk (President)
- Perver Baran (Vice President)
People named in this filing
- Ozgur Ozturk (President)
- Perver Baran (Vice President)
- Altug Sipal (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Founded in 1987, ATA-NC is a non-profit organization dedicated to promoting awareness of Turkish Culture and sharing Turkish heritage within Triangle community and throughout the state of North Carolina.
What it reported doing in 2024
Public, Society Benefit Programs, General/Other: Celebrations of Turkish holidays in the US with Turkish and American families. These holidays include Cary Christmas Parade, Independence Day, Youth and Sports Day, and Religious holidays. Ataturk (Nov 10) Commeration 19 Mayis Sport holiday Celebration Music/Instrument Classes Seker Bayrami Celebration Women's Day 29 Ekim Republic Day Celebration Cary Holiday Parade
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 65% for direct work, and 35% for grants.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 37
- Transparency & Controls: 82
- Sustainability: 46
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 37.1%; rating input score 37
- Program expense ratio: 36.9%; rating input score 37
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -0.6%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 0.71; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 8% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 2.1% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: -2.3% per year; rating input score 0; 31st percentile among comparable filings
Details
- Where the money goes: 37.1% of revenue deployed · 36.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $20K in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 37/100.
- Moderate — Financial Efficiency: Program expense ratio scored 37/100.
- Moderate — Sustainability: Operating margin scored 43/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.