Is Chinatown Manpower Project Inc Legit?

Quick charity verification for Chinatown Manpower Project Inc (EIN: 132755214)

Verdict: Chinatown Manpower Project Inc appears trustworthy

88/100Mission Score
$4.2MRevenue
$5.5MAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Chinatown Manpower Project Inc. demonstrates consistent financial growth and stability over the past decade, with revenue increasing from $1.8 million in 2014 to over $3.5 million in 2023. The organization consistently operates with a surplus, as seen in the 2023 fiscal period where revenue of $3,513,872 exceeded expenses of $3,037,528, indicating sound financial management. Their asset base has also grown significantly, from $3.9 million in 2014 to $5.4 million in 2023, further solidifying their financial position. The organization's spending efficiency appears strong, particularly given the reported 0% officer compensation across all available filings. This suggests that a very high proportion of funds are directed towards program services and operational costs rather than executive salaries. While a detailed functional expense breakdown is not provided in the summary data, the absence of executive compensation is a positive indicator for donor confidence and efficient resource allocation. The consistent growth in assets and revenue, coupled with controlled expenses, points to a well-managed and financially healthy nonprofit. Regarding transparency, the consistent filing of IRS Form 990s over 13 periods is a strong indicator of compliance and public accountability. The lack of reported officer compensation across all filings is a notable aspect, suggesting either a volunteer-led executive team or compensation structured in a way that isn't reported as 'officer compensation' in the summary data. Further investigation into the full 990 forms would be needed to fully understand the compensation structure and ensure complete transparency.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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