Manaus
Manaus faces persistent operating deficits and declining financial resources over recent years.
EIN: 202710588 · Carbondale, CO · NTEE: S50 · Updated: 2026-03-28
Is Manaus Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Manaus directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Manaus
Manaus (EIN: 202710588) is a nonprofit organization based in Carbondale, CO, classified under NTEE code S50. The organization reported total revenue of $462K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Manaus's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Manaus is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $884K |
| Total Expenses | $933K |
| Surplus / Deficit | $-48,620 |
| Total Assets | $335K |
| Total Liabilities | $18K |
| Net Assets | $317K |
| Operating Margin | -5.5% |
| Debt-to-Asset Ratio | 5.4% |
| Months of Reserves | 4.3 months |
Financial Health Grade: B
In 2023, Manaus reported a deficit of $49K with expenses exceeding revenue, holds 4.3 months of operating reserves (adequate), has a debt-to-asset ratio of 5.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Manaus's revenue has declined at a compound annual growth rate (CAGR) of -3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.7% | -20.9% | -10.2% |
| 2022 | -6.5% | -20.9% | -34.0% |
| 2021 | -60.8% | -40.2% | -62.9% |
| 2020 | +296.7% | +98.2% | +31.9% |
| 2019 | +192.4% | +117.7% | -24.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2005 |
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 Manaus with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Manaus allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $49K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.4%.
Executive Compensation Analysis
Manaus consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is a strong positive for resource allocation.
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.
Red Flags
The following concerns were identified during AI analysis of Manaus's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) in recent years (e.g., 2023, 2022, 2021)
- Significant decline in assets over time, from $4,504,839 in 2015 to $335,341 in 2023
- Fluctuating and generally declining revenue trends since 2020's peak of $2,672,359
Strengths
The following positive indicators were identified for Manaus:
- Zero officer compensation reported across all available filings, indicating efficient use of funds at the executive level
- Long filing history (13 filings) suggests consistent compliance with IRS reporting requirements
Frequently Asked Questions about Manaus
Is Manaus a legitimate charity?
Based on AI analysis of IRS 990 filings, Manaus (EIN: 202710588) some concerns. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
How does Manaus spend its money?
Manaus directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Manaus tax-deductible?
Manaus is registered as a tax-exempt nonprofit (EIN: 202710588). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Manaus financially sustainable given its consistent operating deficits?
Manaus has consistently reported expenses exceeding revenue in recent years (e.g., $932,918 expenses vs. $884,298 revenue in 2023), raising concerns about its long-term financial sustainability without a clear strategy to reverse these trends.
What caused the significant decline in assets from $4.5 million in 2015 to $335,341 in 2023?
The provided data does not specify the reasons for the asset decline, but it is a substantial reduction that warrants further investigation into asset management and potential divestments or losses.
How does Manaus cover its operating deficits without officer compensation?
While officer compensation is 0%, the organization has been drawing down its assets to cover deficits, as evidenced by the significant decrease in assets over time, or relying on other unspecified funding mechanisms.
Filing History
IRS 990 filing history for Manaus showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Manaus's revenue has declined by 37.2%, moving from $1.4M to $884K. Total assets decreased by 88.8% over the same period, from $3.0M to $335K. Total functional expenses fell by 12.8%, from $1.1M to $933K. In its most recent filing year (2023), Manaus reported a deficit of $49K, with expenses exceeding revenue. The organization holds $18K in liabilities against $335K in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $317K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $884K | $933K | $335K | $18K | — | View 990 |
| 2022 | $979K | $1.2M | $373K | $8K | — | — |
| 2021 | $1.0M | $1.5M | $565K | $0 | — | — |
| 2020 | $2.7M | $2.5M | $1.5M | $523K | — | View 990 |
| 2019 | $674K | $1.3M | $1.2M | $353K | — | — |
| 2018 | $230K | $577K | $1.5M | $144K | — | View 990 |
| 2017 | $149K | $1.2M | $1.8M | $118K | — | View 990 |
| 2016 | $712K | $2.4M | $2.8M | $77K | — | View 990 |
| 2015 | $2.3M | $1.9M | $4.5M | $66K | — | View 990 |
| 2014 | $2.4M | $1.5M | $4.2M | $67K | — | View 990 |
| 2013 | $1.4M | $1.4M | $3.2M | $63K | — | View 990 |
| 2012 | $1.6M | $1.1M | $3.2M | $62K | — | View 990 |
| 2011 | $1.4M | $1.1M | $3.0M | $353K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $884K, expenses of $933K, and assets of $335K (revenue -9.7% year-over-year).
- 2022: Revenue of $979K, expenses of $1.2M, and assets of $373K (revenue -6.5% year-over-year).
- 2021: Revenue of $1.0M, expenses of $1.5M, and assets of $565K (revenue -60.8% year-over-year).
- 2020: Revenue of $2.7M, expenses of $2.5M, and assets of $1.5M (revenue +296.7% year-over-year).
- 2019: Revenue of $674K, expenses of $1.3M, and assets of $1.2M (revenue +192.4% year-over-year).
- 2018: Revenue of $230K, expenses of $577K, and assets of $1.5M (revenue +54.8% year-over-year).
- 2017: Revenue of $149K, expenses of $1.2M, and assets of $1.8M (revenue -79.1% year-over-year).
- 2016: Revenue of $712K, expenses of $2.4M, and assets of $2.8M (revenue -68.7% year-over-year).
- 2015: Revenue of $2.3M, expenses of $1.9M, and assets of $4.5M (revenue -4.4% year-over-year).
- 2014: Revenue of $2.4M, expenses of $1.5M, and assets of $4.2M (revenue +65.7% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.4M, and assets of $3.2M (revenue -8.0% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.1M, and assets of $3.2M (revenue +11.0% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.1M, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Manaus:
Data Sources and Methodology
This transparency report for Manaus 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.