Manhattan Area Technical College Foundation
EIN: 342064656 · Manhattan, KS · NTEE: B40
| Metric | Value |
|---|---|
| Total Revenue | $162K |
| Total Expenses | $35K |
| Net Assets | $661K |
Is Manhattan Area Technical College Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Manhattan Area Technical College Foundation
Manhattan Area Technical College Foundation (EIN: 342064656) is a nonprofit organization based in Manhattan, KS, classified under NTEE code B40. The organization reported total revenue of $162K and total assets of $304K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Manhattan Area Technical College Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Manhattan Area Technical College Foundation is a small nonprofit that has been operating for 1 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -13.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $62K |
| Total Expenses | $35K |
| Surplus / Deficit | +$27K |
| Total Assets | $661K |
| Net Assets | $661K |
| Operating Margin | 43.0% |
| Months of Reserves | 225.7 months |
Financial Health Grade: A
In 2021, Manhattan Area Technical College Foundation reported a surplus of $27K with revenue exceeding expenses, holds 225.7 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2021), Manhattan Area Technical College Foundation's revenue has declined at a compound annual growth rate (CAGR) of -13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -37.2% | -67.1% | +4.2% |
| 2020 | -77.9% | -57.4% | -1.4% |
| 2019 | +222.6% | -12.7% | +43.1% |
| 2018 | -82.3% | -6.0% | -24.6% |
| 2017 | +319.8% | +36.9% | +385.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2025 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Manhattan Area Technical College Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Manhattan Area Technical College Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27K, with revenue exceeding expenses.
Frequently Asked Questions about Manhattan Area Technical College Foundation
Is Manhattan Area Technical College Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Manhattan Area Technical College Foundation (EIN: 342064656) insufficient data. 0 red flags identified, 0 strengths noted.
How does Manhattan Area Technical College Foundation spend its money?
Detailed spending breakdown data is not yet available for Manhattan Area Technical College Foundation. Check back for updated IRS 990 analysis.
Are donations to Manhattan Area Technical College Foundation tax-deductible?
Manhattan Area Technical College Foundation is registered as a tax-exempt nonprofit (EIN: 342064656). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Manhattan Area Technical College Foundation located?
Manhattan Area Technical College Foundation is headquartered in Manhattan, Kansas and files with the IRS under EIN 342064656. It is classified under NTEE code B40.
How many years of IRS 990 filings does Manhattan Area Technical College Foundation have?
Manhattan Area Technical College Foundation has 11 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 $162K in total revenue.
Filing History
IRS 990 filing history for Manhattan Area Technical College Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Manhattan Area Technical College Foundation's revenue has declined by 75.6%, moving from $253K to $62K. Total assets increased by 557.5% over the same period, from $100K to $661K. Total functional expenses fell by 86.3%, from $257K to $35K. In its most recent filing year (2021), Manhattan Area Technical College Foundation reported a surplus of $27K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $62K | $35K | $661K | $0 | — | — |
| 2020 | $98K | $107K | $634K | $0 | — | — |
| 2019 | $445K | $251K | $643K | $0 | — | View 990 |
| 2018 | $138K | $288K | $449K | $0 | — | View 990 |
| 2017 | $777K | $306K | $596K | $0 | — | View 990 |
| 2016 | $185K | $223K | $123K | $0 | — | View 990 |
| 2015 | $28K | $37K | $168K | $0 | — | View 990 |
| 2014 | $109K | $71K | $180K | $0 | — | View 990 |
| 2013 | $60K | $61K | $141K | $0 | — | View 990 |
| 2012 | $120K | $78K | $142K | $0 | — | View 990 |
| 2011 | $253K | $257K | $100K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $62K, expenses of $35K, and assets of $661K (revenue -37.2% year-over-year).
- 2020: Revenue of $98K, expenses of $107K, and assets of $634K (revenue -77.9% year-over-year).
- 2019: Revenue of $445K, expenses of $251K, and assets of $643K (revenue +222.6% year-over-year).
- 2018: Revenue of $138K, expenses of $288K, and assets of $449K (revenue -82.3% year-over-year).
- 2017: Revenue of $777K, expenses of $306K, and assets of $596K (revenue +319.8% year-over-year).
- 2016: Revenue of $185K, expenses of $223K, and assets of $123K (revenue +558.1% year-over-year).
- 2015: Revenue of $28K, expenses of $37K, and assets of $168K (revenue -74.2% year-over-year).
- 2014: Revenue of $109K, expenses of $71K, and assets of $180K (revenue +82.2% year-over-year).
- 2013: Revenue of $60K, expenses of $61K, and assets of $141K (revenue -49.8% year-over-year).
- 2012: Revenue of $120K, expenses of $78K, and assets of $142K (revenue -52.7% year-over-year).
- 2011: Revenue of $253K, expenses of $257K, and assets of $100K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Manhattan Area Technical College Foundation:
Data Sources and Methodology
This transparency report for Manhattan Area Technical College Foundation 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.