Quick charity verification for Manchester Development Corporation (EIN: 20372894)
Verdict: Manchester Development Corporation appears trustworthy
90/100Mission Score
$136KRevenue
$4.3MAssets
1Red Flags
4Strengths
Red Flags
Significant expense exceeding revenue in 2020 ($348,336 expenses vs. $84,628 revenue)
Strengths
Consistent zero officer compensation across all filings
Strong asset base, consistently over $4 million
Generally low liabilities, often reported as $0
Long and consistent filing history demonstrating transparency
Spending Breakdown
How Manchester Development Corporation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Manchester Development Corporation
Is Manchester Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Manchester Development Corporation (EIN: 20372894) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Manchester Development Corporation a good charity to donate to?
Manchester Development Corporation has a Mission Score of 90/100. Revenue: $136K. Assets: $4.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Manchester Development Corporation?
The Employer Identification Number (EIN) for Manchester Development Corporation is 20372894. 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 Manchester Development Corporation spend its money?
Manchester Development Corporation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Manchester Development Corporation's tax-exempt status?
You can verify Manchester Development Corporation's tax-exempt status using EIN 20372894 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
Manchester Development Corporation demonstrates consistent financial stability with substantial assets relative to its revenue and expenses. The organization has maintained assets over $4 million for the past decade, peaking at $4,551,340 in 2019. While revenue fluctuates, it generally covers expenses, though there was a significant deficit in 2020 where expenses ($348,336) far exceeded revenue ($84,628). The organization consistently reports zero officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds for its mission. The absence of liabilities in most recent filings also points to sound financial management and low financial risk.
Spending efficiency appears high given the consistent zero officer compensation and generally low expenses relative to assets. The organization's financial health is robust, supported by its significant asset base. Transparency is excellent, as evidenced by the consistent reporting of zero officer compensation across all available filings, indicating a clear commitment to directing resources towards its mission rather than executive salaries. The organization's long filing history further contributes to its transparency profile.