Atlantic Cultural Connections Inc
Nonprofit profile at a glance
- EIN
- 844454237
- IRS 990 coverage
- 2021–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020
- Location
- Alpharetta, GA, USA
- Phone
- 7707440562
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $521,533
- Expenses
- $502,608
- Assets
- $71,236
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- MURAT POLAT (President)
Highest reported compensation
- IBRAHIM BICAKCI (Executive Dir.): $93,800 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Atlantic cultural connections (acc) has been organized to provide cultural exchange, education, and awareness. More specifically, the organization will provide education and promote awareness on the turkish-american culture and heritage, as well as organize the cultural exchange between existing turkish-american nonprofit organizations and local communities across the southeastern united states. By providing these programs, acc will assist in strengthening the turkish-american culture and community.
What it reported doing in 2024
The organization will provide education and promote awareness on the turkish-american culture and heritage, as well as organize the cultural exchange between existing turkish-american nonprofit organizations and local communities across the southeastern united states. By providing these programs, acc will assist in strengthening the turkish-american culture and community. The organization hosts an annual retreat in december for turkish-american familiies to share their cultural practices and celebrate their heritage. The annual retreat will last seven to ten days, depending on the interest identified.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 82
- Accountability: 60
- Sustainability: 36
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77%; rating input score 77
- Program expense ratio: 79.9%; rating input score 80
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 83.3%; rating input score 83; 1st percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 90.6%; rating input score 91; 39th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 16th percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 3.6%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 0.14; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 18.7%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 35.9% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 31.2% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 6.3% per year; rating input score 100; 44th percentile among comparable filings
Details
- Where the money goes: 77% of revenue deployed · 79.9% of spending went to programs
- Governance: 3 of 4 board members independent · 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $491K in reported program spending
- Leadership: top reported pay $94K · 4 people listed
- Consistency: 18 of 20 current checks pass · 2 findings to review
- Schedules: 4 filed schedules · includes major donors and grants
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Moderate — Sustainability: Operating margin scored 46/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 16/100.