Quick charity verification for The Midtown Management Group Inc (EIN: 133192793)
Verdict: The Midtown Management Group Inc appears trustworthy
90/100Mission Score
$2.6MRevenue
$2.1MAssets
2Red Flags
5Strengths
Red Flags
Expenses exceeded revenue in the 2023 fiscal period ($2,363,229 vs $2,231,942), indicating a temporary operating deficit.
Significant fluctuation in liabilities, peaking at $1,072,435 in 2021 and $632,180 in 2023, which warrants further investigation into their nature.
Strengths
Consistent revenue growth over the past decade, from $867,176 in 2014 to over $2 million annually in recent years.
Zero officer compensation reported across all 12 filings, indicating a strong commitment to program spending.
Healthy growth in assets, increasing from $228,982 in 2014 to $2,202,840 in 2023.
Consistent filing of IRS Form 990s, demonstrating good transparency practices.
Generally operates with a surplus, building reserves for future operations (e.g., $2,615,888 revenue vs $1,770,530 expenses in 2022).
Spending Breakdown
How The Midtown Management Group Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 The Midtown Management Group Inc
Is The Midtown Management Group Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Midtown Management Group Inc (EIN: 133192793) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is The Midtown Management Group Inc a good charity to donate to?
The Midtown Management Group Inc has a Mission Score of 90/100. Revenue: $2.6M. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Midtown Management Group Inc?
The Employer Identification Number (EIN) for The Midtown Management Group Inc is 133192793. 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 The Midtown Management Group Inc spend its money?
The Midtown Management Group Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Midtown Management Group Inc's tax-exempt status?
You can verify The Midtown Management Group Inc's tax-exempt status using EIN 133192793 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
The Midtown Management Group Inc demonstrates a generally stable financial trajectory, with revenue consistently exceeding expenses in most recent periods, leading to a healthy growth in assets from $228,982 in 2014 to $2,202,840 in 2023. The organization experienced a slight deficit in the 2023 fiscal period, with expenses of $2,363,229 exceeding revenue of $2,231,942, which is a deviation from its typical surplus. However, this appears to be an anomaly given the strong surpluses in prior years, such as 2022 where revenue was $2,615,888 against expenses of $1,770,530.
The organization's financial health is bolstered by its growing asset base and relatively low liabilities in most years, although liabilities did spike in 2021 to $1,072,435 and in 2023 to $632,180. A notable strength is the consistent reporting of 0% officer compensation across all available filings, indicating a strong commitment to directing funds towards its mission rather than executive pay. While specific program spending ratios are not detailed in the provided data, the absence of officer compensation suggests a lean operational structure. The consistent filing of IRS Form 990s over 12 periods indicates good transparency practices.