Turkic American Federation of Southeast Corporation

Nonprofit profile at a glance

EIN
455363027
IRS 990-EZ coverage
2013–2016
Forms available
Form 990-EZ 2016
Location
Alpharetta, GA, USA
Phone
7132913880
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
International Cultural Exchange

Reported finances

Revenue
$39,600
Expenses
$38,498
Assets
$3,578
Liabilities
$21,146

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Vedat Akgun (President)

People named in this filing

  • Cemil Teber (Executive Dir.)
  • Ozkan Ozcelik (Treasurer)
  • Mehmet Ugur (Secretary)

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 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Turkic American Federation of Southeast Corporation is aimed at bringing together Turkish-American assosications and sister community associations in the Southeast United States and promoting cooperation among them; building closer relationships between Turkish, American and other sister societies through community associations; organizing and promoting cultural and intercultural, educational, spiritual; sporting and social events; conducting activities to maintain and expand Turkish culture and heritage; assisting member associations of the Corporation to organize and work to strengthen Turkish and sister communities in the United States; advocating on behalf of member associations of the Corporation; coordinating the exchange of information among member associations of the Corporation in order to present updated, realistic views of Turkey, and to enabling all member associations of the Corporation to best promote the general welfare of Turkish communities.

What it reported doing in 2016

Dialogue programs - programs creating opportunities for education through dialogue between individuals and communities.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 100
  • Sustainability: 28
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.4%; rating input score 83
  • Program expense ratio: 85.7%; rating input score 86

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 2.8%; rating input score 52; 52nd percentile among comparable filings
  • Total-asset coverage ratio: 0.09; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 5.91; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 49.5%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: -12.4% per year; rating input score 0; 27th percentile among comparable filings
  • Revenue growth: -19.6% per year; rating input score 0; 18th percentile among comparable filings
  • Asset growth: -63.1% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 83.4% of revenue deployed · 85.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $33K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2013 to 2016
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • Review — Sustainability: Operating margin scored 52/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.