Manchester Community Resource Center Inc
Manchester Community Resource Center consistently spends more than it earns, with recent significant asset and liability growth.
EIN: 10742001 · Manchester, NH · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $935K |
| Program Spending | 85% |
| Net Assets | $289K |
| Transparency Score | 75/100 |
Is Manchester Community Resource Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Manchester Community Resource Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Manchester Community Resource Center Inc
Manchester Community Resource Center Inc (EIN: 10742001) is a nonprofit organization based in Manchester, NH, classified under NTEE code P20. The organization reported total revenue of $1.1M and total assets of $707K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Manchester Community Resource Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Manchester Community Resource Center Inc is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $891K |
| Total Expenses | $935K |
| Surplus / Deficit | $-44,699 |
| Total Assets | $698K |
| Total Liabilities | $409K |
| Net Assets | $289K |
| Operating Margin | -5.0% |
| Debt-to-Asset Ratio | 58.6% |
| Months of Reserves | 8.9 months |
Financial Health Grade: C
In 2023, Manchester Community Resource Center Inc reported a deficit of $45K with expenses exceeding revenue, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 58.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Manchester Community Resource Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.7% | +7.0% | +188.5% |
| 2022 | +4.4% | +2.8% | -3.5% |
| 2021 | -9.2% | -8.5% | -11.2% |
| 2020 | -1.3% | +0.3% | -10.6% |
| 2019 | -1.2% | +0.3% | -5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Manchester Community Resource Center Inc with a Mission Score of 75 out of 100 (Good). 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, Manchester Community Resource Center Inc 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 deficit of $45K, with expenses exceeding revenue.
- Debt-to-asset ratio: 58.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, directors, trustees, or key employees, which is highly favorable for donors and suggests a volunteer-led or very lean administrative structure.
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 Manchester Community Resource Center Inc's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue) across multiple years, such as $935,370 expenses vs. $890,671 revenue in 202306.
- Significant increase in liabilities from $29,673 in 202206 to $408,825 in 202306, which warrants further investigation into the nature of this debt.
Strengths
The following positive indicators were identified for Manchester Community Resource Center Inc:
- Consistent reporting of 0% officer compensation across all available filings, indicating strong financial transparency and dedication to mission.
- Long operational history with 13 filings, suggesting established presence and experience in the community.
- Substantial asset base of $697,576 in 202306, providing a buffer for operations despite consistent deficits.
Frequently Asked Questions about Manchester Community Resource Center Inc
Is Manchester Community Resource Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Manchester Community Resource Center Inc (EIN: 10742001) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Manchester Community Resource Center Inc spend its money?
Manchester Community Resource Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Manchester Community Resource Center Inc tax-deductible?
Manchester Community Resource Center Inc is registered as a tax-exempt nonprofit (EIN: 10742001). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Manchester Community Resource Center Inc's spending goes to programs?
Manchester Community Resource Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Manchester Community Resource Center Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Manchester Community Resource Center Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Manchester Community Resource Center Inc located?
Manchester Community Resource Center Inc is headquartered in Manchester, New Hampshire and files with the IRS under EIN 10742001. It is classified under NTEE code P20.
How many years of IRS 990 filings does Manchester Community Resource Center Inc have?
Manchester Community Resource Center Inc has 13 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 $1.1M in total revenue.
Why has Manchester Community Resource Center Inc consistently spent more than its revenue?
The IRS 990 filings show a recurring pattern where expenses exceed revenue, for example, in 202306, expenses were $935,370 while revenue was $890,671. This trend suggests the organization may be drawing down reserves or relying on other funding sources not fully captured as revenue in these summaries, or it may indicate a need for improved financial planning to achieve operational surpluses.
What caused the significant increase in assets and liabilities in the 202306 period?
Assets increased from $241,823 in 202206 to $697,576 in 202306, while liabilities jumped from $29,673 to $408,825 in the same period. This substantial change suggests a major financial event, such as acquiring a new property, taking on significant debt for expansion, or a large capital investment, which would require reviewing the full 990 for details.
Is the 0% officer compensation sustainable for an organization of this size?
While 0% officer compensation is excellent for donor confidence and indicates a strong commitment to mission, for an organization with nearly $1 million in annual revenue and significant assets, it raises questions about how leadership is sustained and if key roles are adequately compensated to ensure long-term stability and professional management. It could imply a highly dedicated volunteer board or that compensation is structured in a way not reported as officer compensation.
Filing History
IRS 990 filing history for Manchester Community Resource Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Manchester Community Resource Center Inc's revenue has grown by 158.1%, moving from $345K to $891K. Total assets increased by 2266.3% over the same period, from $29K to $698K. Total functional expenses rose by 156.2%, from $365K to $935K. In its most recent filing year (2023), Manchester Community Resource Center Inc reported a deficit of $45K, with expenses exceeding revenue. The organization holds $409K in liabilities against $698K in assets (debt-to-asset ratio: 58.6%), resulting in net assets of $289K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $891K | $935K | $698K | $409K | — | — |
| 2022 | $851K | $874K | $242K | $30K | — | View 990 |
| 2021 | $815K | $850K | $251K | $15K | — | View 990 |
| 2020 | $897K | $930K | $282K | $11K | — | View 990 |
| 2019 | $909K | $927K | $315K | $12K | — | View 990 |
| 2018 | $920K | $924K | $333K | $11K | — | View 990 |
| 2017 | $810K | $826K | $336K | $10K | — | View 990 |
| 2016 | $780K | $820K | $348K | $7K | — | View 990 |
| 2015 | $788K | $848K | $392K | $11K | — | View 990 |
| 2014 | $886K | $945K | $450K | $9K | — | View 990 |
| 2013 | $1.2M | $907K | $510K | $9K | — | View 990 |
| 2012 | $382K | $349K | $66K | $5K | — | View 990 |
| 2011 | $345K | $365K | $29K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $891K, expenses of $935K, and assets of $698K (revenue +4.7% year-over-year).
- 2022: Revenue of $851K, expenses of $874K, and assets of $242K (revenue +4.4% year-over-year).
- 2021: Revenue of $815K, expenses of $850K, and assets of $251K (revenue -9.2% year-over-year).
- 2020: Revenue of $897K, expenses of $930K, and assets of $282K (revenue -1.3% year-over-year).
- 2019: Revenue of $909K, expenses of $927K, and assets of $315K (revenue -1.2% year-over-year).
- 2018: Revenue of $920K, expenses of $924K, and assets of $333K (revenue +13.6% year-over-year).
- 2017: Revenue of $810K, expenses of $826K, and assets of $336K (revenue +3.9% year-over-year).
- 2016: Revenue of $780K, expenses of $820K, and assets of $348K (revenue -1.0% year-over-year).
- 2015: Revenue of $788K, expenses of $848K, and assets of $392K (revenue -11.1% year-over-year).
- 2014: Revenue of $886K, expenses of $945K, and assets of $450K (revenue -27.9% year-over-year).
- 2013: Revenue of $1.2M, expenses of $907K, and assets of $510K (revenue +221.6% year-over-year).
- 2012: Revenue of $382K, expenses of $349K, and assets of $66K (revenue +10.8% year-over-year).
- 2011: Revenue of $345K, expenses of $365K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Manchester Community Resource Center Inc:
Data Sources and Methodology
This transparency report for Manchester Community Resource Center Inc 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.