Is Manhattan Youth Recreation And Resources Inc Legit?
Quick charity verification for Manhattan Youth Recreation And Resources Inc (EIN: 133323378)
Verdict: Manhattan Youth Recreation And Resources Inc appears trustworthy
88/100Mission Score
$23.6MRevenue
$18.8MAssets
1Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this scale and warrants further inquiry into executive compensation practices.
Strengths
Strong and consistent revenue growth, increasing from $8.7 million in 2014 to over $21 million in 2023.
Healthy asset growth, with assets increasing from $13 million in 2014 to over $18 million in 2023, indicating financial stability.
Generally balanced revenues and expenses over the long term, demonstrating sound financial management.
Low liabilities relative to assets, suggesting a strong balance sheet and manageable debt.
Consistent filing of IRS 990s, indicating good transparency practices.
Spending Breakdown
How Manhattan Youth Recreation And Resources 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 Manhattan Youth Recreation And Resources Inc
Is Manhattan Youth Recreation And Resources Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Manhattan Youth Recreation And Resources Inc (EIN: 133323378) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
Is Manhattan Youth Recreation And Resources Inc a good charity to donate to?
Manhattan Youth Recreation And Resources Inc has a Mission Score of 88/100. Revenue: $23.6M. Assets: $18.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Manhattan Youth Recreation And Resources Inc?
The Employer Identification Number (EIN) for Manhattan Youth Recreation And Resources Inc is 133323378. 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 Youth Recreation And Resources Inc spend its money?
Manhattan Youth Recreation And Resources Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Manhattan Youth Recreation And Resources Inc's tax-exempt status?
You can verify Manhattan Youth Recreation And Resources Inc's tax-exempt status using EIN 133323378 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 Youth Recreation And Resources Inc. demonstrates consistent financial activity, with revenues and expenses generally in balance over the past decade. The organization has shown significant growth, with revenue increasing from $8.7 million in 2014 to over $21 million in 2023. While the latest filing (202306) shows expenses slightly exceeding revenue ($21,717,493 vs. $21,598,847), this is a minor deficit in the context of its overall operations and asset base. The organization's assets have also grown steadily, indicating sound financial management and capacity.
The absence of reported officer compensation across all available filings is a notable aspect of its financial structure. This suggests that executive leadership may be compensated through other means not categorized as 'officer compensation' on the 990, or that the organization relies heavily on volunteer leadership, which would be highly efficient. Further investigation into the nature of executive compensation would be beneficial for a complete transparency assessment. Overall, the organization appears to be financially stable and growing, effectively managing its resources to support its mission.
Given the NTEE code O20Z (Recreational, Leisure, and Sports Activities, General), the organization's consistent revenue generation and asset growth suggest a robust operational model. The steady increase in assets from $13 million in 2014 to over $18 million in 2023 indicates a healthy accumulation of resources, providing a strong foundation for future programs. The liabilities, while increasing with growth, remain manageable relative to assets, suggesting prudent financial stewardship.