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Turkish American Society Inc

Science Academy Of Chicago

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 364153559 ✦ Mount prospect, IL ✦ Designated as a 501(c)(3)

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Overview

What is Turkish American Society Inc?

The Turkish American Society Inc, situated in Mount Prospect, Illinois, serves as a community center. Throughout the year, they organize various events such as weekend and summer schools, tutoring sessions, classes, holiday programs, winter retreat camps, and community festivals. Their mission is rooted in promoting peace, love, and friendship among diverse societies by upholding shared human values like strong ethics, democracy, and compassion. They strive to foster unity and understanding within the community, collaborating with other faith groups and institutions that share this vision. Approximately 1500 community members benefit from their initiatives.


Official website here: www.nesusa.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

The Turkish American Society Inc has received a two-star rating from Charity Navigator, indicating that it requires improvement in its accountability and financial practices. With an overall score of 61%, the organization demonstrates a strong commitment to community engagement, reflected in its perfect score of 100 for Culture & Community. However, its Accountability & Finance Score of 58 reveals significant weaknesses, particularly in governance practices, as there are no independent board members, which raises concerns about oversight.

Despite impressive program expense ratios and effective use of feedback collection and practices, the organization lacks essential policies such as a whistleblower and document retention policy. The absence of independent oversight and missing financial statements suggests a need for greater transparency and governance reforms. On the positive side, the organization successfully utilizes community feedback, scoring perfectly in that area, which can indicate a responsive approach to community needs.

In summary, while the Turkish American Society Inc excels in community involvement and program efficiency, it must address its governance shortcomings and improve its financial transparency to enhance its overall rating and effectiveness. The organization has the potential to strengthen its credibility and impact by implementing robust accountability measures.


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

Is Turkish American Society Inc legitimate?

Turkish American Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Turkish American Society 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: $3,130,492

For more financial information, click here


Official website here: www.nesusa.org

What is the mission statement of Turkish American Society Inc?

The Turkish American Society Inc's mission is centered around fostering peace, love, and friendship in a diverse world. Recognizing the importance of common human values such as strong ethics, democracy, and compassion, the organization aims to promote these ideals within communities. To build a better future, the Turkish American Society Inc collaborates with various community groups, faith organizations, and institutions that share the same mission. Their goal is to serve communal peace and understanding by striving to bring forth these significant values. The society seeks to spread these values throughout communities and adopt them as a common virtue, working towards a world where everyone can live peacefully, even with diverse societies.


Official website here: www.nesusa.org

Who is the CEO of Turkish American Society Inc?

Rana Yurtsever is the President of Turkish American Society Inc.


Official website here: www.nesusa.org

What is the revenue of Turkish American Society Inc?

Turkish American Society Inc's revenue in 2023 was $4,934,729.


Official website here: www.nesusa.org

Who are the executives of Turkish American Society Inc and what are their salaries?


Here are 8 key members and their salaries:


Rana Yurtsever (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hakan Sahsivar (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mustafa A Yazici (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bekmurat Amirakul (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hasan Ozturk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gulserbek Toktoboev (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irfan Birsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Serpil Caputlu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nesusa.org

Where can I find the form 990 for Turkish American Society Inc?

Turkish American Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.nesusa.org

Learn more at the official website: www.nesusa.org

Mission Statement of Turkish American Society Inc

The Turkish American Society Inc, recognizing the importance of unity and peace in a diverse world, is committed to serving communal harmony, love, and friendship. It strives to propagate shared human values such as strong ethics, democracy, and compassion, acknowledging their significance in bridging societal gaps. The organization aims to work collaboratively with various community groups, faith institutions, and other organizations that share its mission, with the ultimate goal of building a more harmonious future. By promoting these universal values, the Turkish American Society Inc seeks to foster an environment where individuals can coexist peacefully, avoiding subjects that may lead to division.

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Impact




October, 2024

The Turkish American Society Inc significantly impacts its community by fostering inclusivity, promoting cultural diversity, and facilitating educational opportunities. Through a variety of programs—including weekend and summer schools, tutoring sessions, and holiday events—it serves approximately 1,500 members, strengthening community bonds and encouraging cultural awareness.

This organization emphasizes the importance of shared values such as ethics, democracy, and compassion, striving to create an environment of communal peace and friendship. By collaborating with other community and faith-based groups, it reinforces the notion that diversity can coexist harmoniously. The Society actively engages individuals in discussions and activities that go beyond cultural separation, promoting harmony and understanding among different societies.

Overall, the Turkish American Society Inc plays a vital role in building a cohesive community, fostering education, and encouraging the celebration of cultural diversity, all while instilling principles that can lead to a more peaceful and collaborative future.




This information is meant to be a general summary of Turkish American Society Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$4,934,729 (2023)
Expenses
$4,893,848 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $4,419,276
  • Gross Receipts: $4,934,729

Assets and Liabilities:

  • Total Assets: $9,837,947
  • Total Liabilities: $4,857,015
  • Net Assets: $4,980,932

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION & FEES

Revenue

$3,357,764

PROGRAM SERVICE FEES

Revenue

$657,596

REVENUE-OTHER

Revenue

$403,916

Organization Details

Founding Year

1997

Principal Officer

Rana Yurtsever

Main Address

501 MIDWAY DRIVE, MOUNT PROSPECT, IL, 60056

NTEE Category

Code: B30 - Education

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