The Florida-turkish American Assoc

Nonprofit profile at a glance

EIN
592474739
IRS 990-EZ coverage
2013–2024
Forms available
Form 990 2010, Form 990-EZ 2024
Location
Fort Lauderdale, FL, USA
Phone
3055635555
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
Family Services

Reported finances

Revenue
$119,814
Expenses
$94,914
Assets
$191,157

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • HATICE HASMAN (PRESIDENT)

People named in this filing

  • HATICE HASMAN (PRESIDENT)
  • SABRI TOSUNOGLU (VICE PRESIDE)
  • UGUT DAGKILIC (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

The american turkish societys mission is to enhance business, economic, and cultural ties between turkey and the united states. The society convenes leaders in government, business, and civil society to discuss and advance u.s.-turkish relations; fosters understanding and cooperation between the two countries through education, cultural exchange, philanthropy, and networking; informs the american public about turkeys current affairs, economy, history, and society; presents and supports programs highlighting turkish arts and culture; and nurtures the next generation of leaders through its young society leaders program.

What it reported doing in 2024

The center was able to conduct all activities for the year according to the annual board of directors goals and activities.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 100
  • Sustainability: 66
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.4%; rating input score 84
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 20.8%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 2.01; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 7.7% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: -5.3% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: 8.1% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: 84.4% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $95K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.