Consistent 0% officer compensation reported across all filings, indicating high efficiency in directing funds to programs.
Strong financial stability with assets consistently exceeding liabilities (e.g., $4,053,454 assets vs. $133,561 liabilities in 2023).
Positive net income in the latest filing (202306), with revenues of $2,081,962 exceeding expenses of $1,619,677.
Stable revenue and expense patterns over the past several years, suggesting predictable operations.
Low liabilities relative to assets, indicating a healthy balance sheet and minimal financial risk.
Spending Breakdown
How Manhattan Bowery Management Corp 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 Manhattan Bowery Management Corp
Is Manhattan Bowery Management Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Manhattan Bowery Management Corp (EIN: 133033875) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Manhattan Bowery Management Corp a good charity to donate to?
Manhattan Bowery Management Corp has a Mission Score of 90/100. Revenue: $1.9M. Assets: $4.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Manhattan Bowery Management Corp?
The Employer Identification Number (EIN) for Manhattan Bowery Management Corp is 133033875. 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 Manhattan Bowery Management Corp spend its money?
Manhattan Bowery Management Corp allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Manhattan Bowery Management Corp's tax-exempt status?
You can verify Manhattan Bowery Management Corp's tax-exempt status using EIN 133033875 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
Manhattan Bowery Management Corp demonstrates consistent financial operations, with revenues and expenses generally in a similar range over the past decade. The organization reported a positive net income in its latest filing (202306), with revenues of $2,081,962 exceeding expenses of $1,619,677, indicating a healthy surplus. While the organization's assets have shown a gradual increase, reaching $4,053,454 in 2023, its liabilities remain relatively low, at $133,561 in the latest period, suggesting good financial stability and limited debt burden. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice, combined with a stable financial history, suggests a well-managed and accountable organization.