Bafut Manjong Cultural Association
Bafut Manjong Cultural Association shows strong revenue growth and no officer compensation, with fluctuating asset levels.
EIN: 201655355 · Laurel, MD · NTEE: A23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $191K |
| Total Expenses | $256K |
| Program Spending | 85% |
| Net Assets | $61K |
| Transparency Score | 85/100 |
Is Bafut Manjong Cultural Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bafut Manjong Cultural Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bafut Manjong Cultural Association
Bafut Manjong Cultural Association (EIN: 201655355) is a nonprofit organization based in Laurel, MD, classified under NTEE code A23. The organization reported total revenue of $191K and total assets of $98K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bafut Manjong Cultural Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bafut Manjong Cultural Association is a small nonprofit that has been operating for 20 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 110.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $256K |
| Total Expenses | $256K |
| Surplus / Deficit | +$192 |
| Total Assets | $61K |
| Net Assets | $61K |
| Operating Margin | 0.1% |
| Months of Reserves | 2.8 months |
Financial Health Grade: A
In 2023, Bafut Manjong Cultural Association reported a surplus of $192 with revenue exceeding expenses, holds 2.8 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2019–2023), Bafut Manjong Cultural Association's revenue has grown at a compound annual growth rate (CAGR) of 110.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +180.9% | +688.4% | -48.5% |
| 2020 | -100.0% | — | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bafut Manjong Cultural Association with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bafut Manjong Cultural Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $192, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating a volunteer-led organization and a strong commitment to directing funds towards its mission rather than executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Bafut Manjong Cultural Association:
- Zero officer compensation reported across all filings, indicating efficient use of funds.
- Consistent reporting of zero liabilities, demonstrating strong financial management.
- Significant revenue growth in 2022 ($91,136) and 2023 ($256,036) after periods of no revenue.
- Clear transparency in financial reporting, particularly regarding executive compensation.
Frequently Asked Questions about Bafut Manjong Cultural Association
Is Bafut Manjong Cultural Association a legitimate charity?
Bafut Manjong Cultural Association (EIN: 201655355) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 85/100. It has 5 years of IRS 990 filings on record. Total revenue: $191K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Bafut Manjong Cultural Association spend its money?
Bafut Manjong Cultural Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bafut Manjong Cultural Association tax-deductible?
Bafut Manjong Cultural Association is registered as a tax-exempt nonprofit (EIN: 201655355). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bafut Manjong Cultural Association's spending goes to programs?
Bafut Manjong Cultural Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bafut Manjong Cultural Association compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bafut Manjong Cultural Association is above average for NTEE category A23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bafut Manjong Cultural Association located?
Bafut Manjong Cultural Association is headquartered in Laurel, Maryland and files with the IRS under EIN 201655355. It is classified under NTEE code A23.
How many years of IRS 990 filings does Bafut Manjong Cultural Association have?
Bafut Manjong Cultural Association has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $191K in total revenue.
Is Bafut Manjong Cultural Association a good charity?
Based on the provided data, the organization appears to be a good charity. It reports no officer compensation, indicating that all funds are directed towards its mission, and has shown significant revenue generation in recent years. The consistent reporting of zero liabilities also points to sound financial management.
How has the organization's revenue changed over time?
Revenue has fluctuated significantly, with no reported revenue in 2020 and 2021, but strong revenue of $91,136 in 2022 and $256,036 in 2023, indicating a recent surge in financial activity.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all filings, suggesting a volunteer-driven model where no salaries are paid to executives.
Filing History
IRS 990 filing history for Bafut Manjong Cultural Association showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Bafut Manjong Cultural Association's revenue has grown by 1854.5%, moving from $13K to $256K. Total assets increased by 2.3% over the same period, from $59K to $61K. In its most recent filing year (2023), Bafut Manjong Cultural Association reported a surplus of $192, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $256K | $256K | $61K | $0 | — | View 990 |
| 2022 | $91K | $32K | $118K | $0 | — | View 990 |
| 2021 | $0 | $0 | $59K | $0 | — | View 990 |
| 2020 | $0 | $200 | $59K | $0 | — | — |
| 2019 | $13K | $0 | $59K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $256K, expenses of $256K, and assets of $61K (revenue +180.9% year-over-year).
- 2022: Revenue of $91K, expenses of $32K, and assets of $118K.
- 2021: Revenue of $0, expenses of $0, and assets of $59K.
- 2020: Revenue of $0, expenses of $200, and assets of $59K (revenue -100.0% year-over-year).
- 2019: Revenue of $13K, expenses of $0, and assets of $59K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bafut Manjong Cultural Association:
Data Sources and Methodology
This transparency report for Bafut Manjong Cultural Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.