Zero reported officer compensation across all filings, indicating high transparency and mission focus.
Expenses generally managed within revenue, leading to stable or growing net assets.
Long history of IRS 990 filings (13 filings) demonstrates consistent reporting and accountability.
Spending Breakdown
How Upper Manhattan Empowerment Zone Development Corporation 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 Upper Manhattan Empowerment Zone Development Corporation
Is Upper Manhattan Empowerment Zone Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Upper Manhattan Empowerment Zone Development Corporation (EIN: 133808669) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Upper Manhattan Empowerment Zone Development Corporation a good charity to donate to?
Upper Manhattan Empowerment Zone Development Corporation has a Mission Score of 90/100. Revenue: $5.0M. Assets: $82.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Upper Manhattan Empowerment Zone Development Corporation?
The Employer Identification Number (EIN) for Upper Manhattan Empowerment Zone Development Corporation is 133808669. 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 Upper Manhattan Empowerment Zone Development Corporation spend its money?
Upper Manhattan Empowerment Zone Development Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Upper Manhattan Empowerment Zone Development Corporation's tax-exempt status?
You can verify Upper Manhattan Empowerment Zone Development Corporation's tax-exempt status using EIN 133808669 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 Upper Manhattan Empowerment Zone Development Corporation (UMEZ) demonstrates a generally stable financial position with substantial assets, averaging over $80 million in recent years. Revenue has fluctuated significantly, from a high of $12.6 million in 2019 to a low of $2.6 million in 2016, indicating reliance on variable funding sources. Despite these fluctuations, the organization has consistently maintained a healthy asset base, suggesting effective management of its long-term resources. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries.
Spending efficiency appears reasonable, with expenses generally lower than or comparable to revenue in most periods, allowing for asset growth or maintenance. For instance, in 2023, UMEZ reported revenues of $5,950,446 against expenses of $5,219,399, resulting in a surplus. The organization's NTEE code S310 (Urban & Community Development) aligns with its mission, and the financial data supports its operational capacity to engage in such development. The absence of reported officer compensation is a notable positive for transparency and public trust.
While the overall financial health appears sound, the significant year-over-year revenue variability could pose planning challenges. However, the substantial asset base provides a buffer against these fluctuations. The consistent reporting of key financial metrics over many years, including zero officer compensation, points to a high degree of transparency in its financial disclosures.