American Turkish Friendship Association Inc

Charity Navigator rating: 86%, Three-Star out of Four Star rating.

The American Turkish Friendship Association Inc has received an 86% score from Charity Navigator, which highlights its strong commitment to accountability and finance. This score indicates that the organization maintains high standards in financial management and governance practices, as evidenced by its perfect scores in independent board membership and the absence of asset diversion.

Strengths of the organization include a fully independent board and a comprehensive set of policies that enhance transparency and integrity. The charity has also demonstrated effective financial practices, with a significant portion of its expenses directed toward programs, indicating a focus on its mission rather than administrative costs. Such practices contribute positively to its overall rating.

However, the organization's liabilities to assets ratio of 61.27% suggests potential concerns regarding financial stability, as a higher ratio may indicate increased risk. While the charity excels in accountability and program spending, ongoing attention to its financial leverage may be necessary to ensure long-term sustainability and effectiveness.

This AI summary has been generated from information found on Charity Navigator.

American Turkish Friendship Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Turkish Friendship Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $342,038

For more financial information, click here