Quick charity verification for Manara Academy Inc (EIN: 205254172)
Verdict: Manara Academy Inc appears trustworthy
85/100Mission Score
$8.1MRevenue
$6.5MAssets
2Red Flags
4Strengths
Red Flags
Consistent reporting of 0% officer compensation for an organization of this size, which may warrant further investigation into how leadership is compensated or structured.
Occasional periods where expenses exceed revenue, such as in 202306 ($6,584,631 expenses vs. $6,560,183 revenue), which could impact long-term financial stability if not managed effectively.
Strengths
Strong program focus indicated by 0% reported officer compensation, suggesting resources are directed towards the mission.
Consistent and extensive IRS 990 filing history (13 filings), demonstrating a high level of transparency.
Maintains substantial assets (e.g., $6,356,243 in 202306) providing a financial buffer.
Long operational history with stable revenue streams, indicating organizational resilience.
Spending Breakdown
How Manara Academy Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Manara Academy Inc
Is Manara Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Manara Academy Inc (EIN: 205254172) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Manara Academy Inc a good charity to donate to?
Manara Academy Inc has a Mission Score of 85/100. Revenue: $8.1M. Assets: $6.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Manara Academy Inc?
The Employer Identification Number (EIN) for Manara Academy Inc is 205254172. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Manara Academy Inc spend its money?
Manara Academy Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Manara Academy Inc's tax-exempt status?
You can verify Manara Academy Inc's tax-exempt status using EIN 205254172 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Manara Academy Inc. demonstrates consistent operational activity with annual revenues generally ranging between $6 million and $9 million over the past decade. The organization's financial health shows some variability, with expenses occasionally exceeding revenue, such as in 202306 where expenses were $6,584,631 against revenues of $6,560,183, and in 201906 where expenses were $8,787,741 against revenues of $8,661,631. This indicates periods of deficit spending, which could draw down reserves if persistent. However, the organization maintains substantial assets, reported at $6,356,243 in 202306, suggesting a reasonable financial cushion.
The spending efficiency appears to be focused on program delivery, as indicated by the absence of reported officer compensation, which suggests resources are directed towards the mission rather than high executive salaries. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency, providing a clear historical record of financial operations. While the exact breakdown of program, administrative, and fundraising expenses isn't explicitly detailed in the provided data, the overall financial patterns suggest a stable, albeit sometimes tight, operational environment for a nonprofit of its size.
Overall, Manara Academy Inc. appears to be a transparent organization with a long history of financial reporting. Its financial health is generally stable, though it experiences periods where expenses slightly outpace revenue. The lack of reported officer compensation is a positive indicator for spending efficiency, suggesting a strong focus on its programmatic mission.