Overview
What is Yunus Emre Foundation Inc?
The Yunus Emre Foundation Inc, operating under the name Yunus Emre Institute, is a nonprofit organization situated in Washington D.C. Their primary mission is to foster an understanding and appreciation of Turkish culture within the community. They accomplish this through various means, such as offering free Turkish language instruction to both children and adults, organizing cultural events like lecture series, seminars, and art exhibits, and publishing and distributing literature that promotes Turkish culture and art in the United States. The foundation employs a team of 5 individuals dedicated to these endeavors.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Very poor (33%)
The Yunus Emre Foundation Inc has received a very poor rating from Charity Navigator, with an overall score of 33%, resulting in a zero-star rating. This rating indicates significant concerns regarding accountability and financial management. While the foundation scores well in areas such as having a majority independent board and proper documentation of board meeting minutes, it has received zero points in several critical financial categories, including program expense ratio and liabilities to assets ratio.
Strengths of the organization include its strong governance structure, evidenced by an entirely independent board and the existence of certain policies, such as document retention. However, the foundation's financial performance raises serious red flags, with no transparency regarding financial statements and critical financial metrics showing poor management. This lack of financial accountability suggests potential risks for donors and stakeholders.
In summary, while the Yunus Emre Foundation Inc demonstrates some governance strengths, the alarming deficiencies in financial reporting and accountability overshadow these positives. Potential supporters should approach with caution, considering the substantial financial management issues highlighted in the assessment.
This AI summary has been generated from information found on Charity Navigator.
Is Yunus Emre Foundation Inc legitimate?
Yunus Emre Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yunus Emre Foundation 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: $99,660
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,961
For more financial information, click here
What is the mission statement of Yunus Emre Foundation Inc?
The Yunus Emre Foundation Inc's mission is centered around fostering an appreciation for Turkish culture within the community. They achieve this by offering Turkish language lessons to both children and adults. Furthermore, the organization is dedicated to publishing and distributing literature that showcases Turkish culture and art. To accomplish these goals, they organize various events such as lectures, seminars, and artistic performances, and also distribute related publications.
Who is the CEO of Yunus Emre Foundation Inc?
Gokhan Coskun is the Chief Executive Officer of Yunus Emre Foundation Inc. The CEO's salary of Yunus Emre Foundation Inc is $0 and their total compensation is $0.
What is the revenue of Yunus Emre Foundation Inc?
Yunus Emre Foundation Inc's revenue in 2022 was $727,545.
Who are the executives of Yunus Emre Foundation Inc and what are their salaries?
The average compensation at Yunus Emre Foundation Inc during 2022 was $40,524. There are 5 employees at Yunus Emre Foundation Inc.
Here are 4 key members and their salaries (Yunus Emre Foundation Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Yunus Emre Foundation Inc?
Yunus Emre Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yunus Emre Foundation Inc
The Yunus Emre Foundation Inc is dedicated to enriching the community by fostering an appreciation for Turkish culture. This nonprofit organization accomplishes this mission in various ways. Firstly, it offers Turkish language instruction to both children and adults, ensuring that the language remains a vital part of the community. Secondly, Yunus Emre Foundation Inc publishes and distributes literature that showcases Turkish culture and art. This literature serves as a valuable resource, allowing individuals to delve deeper into the rich history and traditions of Turkey. To further promote Turkish culture, the foundation organizes a wide array of events. These events include lecture series, seminars, webinars, panels, film showings, performing arts, musical recitals and concerts, art and book exhibits, workshops, stage performances, movie screenings, and scientific meetings. These events not only entertain but also educate, providing a platform for individuals to engage with and learn about Turkish culture. In summary, the Yunus Emre Foundation Inc is committed to sharing the beauty of Turkish culture, teaching the language, and publishing literature that celebrates the country's art and traditions.
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Impact
July, 2024
Yunus Emre Foundation Inc has had a significant impact on the community by promoting the appreciation of Turkish culture through various activities. These include providing free Turkish language instruction to children and adults, organizing a wide range of cultural events such as lecture series, seminars, webinars, musical recitals, art exhibits, workshops, and more. Additionally, the foundation publishes and distributes literature that showcases Turkish culture and art in the U.S. This multifaceted approach has helped foster a deeper understanding and appreciation of Turkish heritage among a diverse audience.
This information is meant to be a general summary of Yunus Emre Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $727,545
Assets and Liabilities:
- Total Assets: $254,777
- Total Liabilities: $0
- Net Assets: $254,777
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Organization Details
Founding Year
2016
Principal Officer
Gokhan Coskun
Main Address
1 THOMAS CIRCLE STE 1020, Washington, DC, 20005
NTEE Category
Code: A23 - Arts
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