Manhattan Bowery Management Corp
Manhattan Bowery Management Corp shows consistent financial stability with no reported officer compensation.
EIN: 133033875 · New York, NY · NTEE: J300 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.6M |
| Program Spending | 85% |
| Net Assets | $3.9M |
| Transparency Score | 90/100 |
Is Manhattan Bowery Management Corp Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Manhattan Bowery Management Corp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Manhattan Bowery Management Corp
Manhattan Bowery Management Corp (EIN: 133033875) is a nonprofit organization based in New York, NY, classified under NTEE code J300. The organization reported total revenue of $1.9M and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Manhattan Bowery Management Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Manhattan Bowery Management Corp is a mid-size nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$462K |
| Total Assets | $4.1M |
| Total Liabilities | $134K |
| Net Assets | $3.9M |
| Operating Margin | 22.2% |
| Debt-to-Asset Ratio | 3.3% |
| Months of Reserves | 30.0 months |
Financial Health Grade: A
In 2023, Manhattan Bowery Management Corp reported a surplus of $462K with revenue exceeding expenses, holds 30.0 months of operating reserves (strong position), has a debt-to-asset ratio of 3.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Manhattan Bowery Management Corp's revenue has declined at a compound annual growth rate (CAGR) of -4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.6% | -8.6% | +8.5% |
| 2022 | +3.0% | +0.2% | +2.3% |
| 2021 | -1.4% | -2.5% | -1.8% |
| 2020 | +0.4% | +4.1% | -0.9% |
| 2019 | +8.2% | +6.8% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1981 |
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 Manhattan Bowery Management Corp with a Mission Score of 90 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, Manhattan Bowery Management Corp 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 $462K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual for an organization of its size and suggests a strong commitment to mission-focused spending.
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 Manhattan Bowery Management Corp:
- Consistent 0% officer compensation reported across all filings, indicating high efficiency in directing funds to programs.
- Strong financial stability with assets consistently exceeding liabilities (e.g., $4,053,454 assets vs. $133,561 liabilities in 2023).
- Positive net income in the latest filing (202306), with revenues of $2,081,962 exceeding expenses of $1,619,677.
- Stable revenue and expense patterns over the past several years, suggesting predictable operations.
- Low liabilities relative to assets, indicating a healthy balance sheet and minimal financial risk.
Frequently Asked Questions about Manhattan Bowery Management Corp
Is Manhattan Bowery Management Corp a legitimate charity?
Manhattan Bowery Management Corp (EIN: 133033875) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.9M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Manhattan Bowery Management Corp spend its money?
Manhattan Bowery Management Corp directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Manhattan Bowery Management Corp tax-deductible?
Manhattan Bowery Management Corp is registered as a tax-exempt nonprofit (EIN: 133033875). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Manhattan Bowery Management Corp's spending goes to programs?
Manhattan Bowery Management Corp directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Manhattan Bowery Management Corp compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Manhattan Bowery Management Corp is above average for NTEE category J300 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Manhattan Bowery Management Corp located?
Manhattan Bowery Management Corp is headquartered in New York, New York and files with the IRS under EIN 133033875. It is classified under NTEE code J300.
How many years of IRS 990 filings does Manhattan Bowery Management Corp have?
Manhattan Bowery Management Corp 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 $1.9M in total revenue.
Is Manhattan Bowery Management Corp a good charity?
Based on its financial data, Manhattan Bowery Management Corp appears to be a well-managed and financially stable organization. Its consistent reporting of 0% officer compensation and generally positive financial performance are strong indicators of a good charity.
How has the organization's revenue trended over the past few years?
After a period of higher revenues in 2014-2017 (e.g., $4,336,438 in 2016), the organization's revenue has stabilized around $1.7 million to $2.0 million in recent years, with the latest filing (202306) showing $2,081,962.
What is the organization's asset-to-liability ratio?
In the latest filing (202306), the organization has assets of $4,053,454 and liabilities of $133,561, resulting in a very strong asset-to-liability ratio of approximately 30.3:1, indicating excellent financial solvency.
Filing History
IRS 990 filing history for Manhattan Bowery Management Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Manhattan Bowery Management Corp's revenue has declined by 43.5%, moving from $3.7M to $2.1M. Total assets increased by 42% over the same period, from $2.9M to $4.1M. Total functional expenses fell by 54.3%, from $3.5M to $1.6M. In its most recent filing year (2023), Manhattan Bowery Management Corp reported a surplus of $462K, with revenue exceeding expenses. The organization holds $134K in liabilities against $4.1M in assets (debt-to-asset ratio: 3.3%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $1.6M | $4.1M | $134K | — | — |
| 2022 | $1.8M | $1.8M | $3.7M | $277K | — | View 990 |
| 2021 | $1.7M | $1.8M | $3.7M | $192K | — | View 990 |
| 2020 | $1.7M | $1.8M | $3.7M | $210K | — | View 990 |
| 2019 | $1.7M | $1.7M | $3.8M | $171K | — | View 990 |
| 2018 | $1.6M | $1.6M | $3.7M | $143K | — | View 990 |
| 2017 | $2.9M | $3.0M | $3.7M | $132K | — | View 990 |
| 2016 | $4.3M | $4.2M | $3.9M | $222K | — | View 990 |
| 2015 | $4.1M | $3.9M | $3.8M | $176K | — | View 990 |
| 2014 | $3.5M | $3.2M | $3.6M | $159K | — | View 990 |
| 2013 | $3.3M | $3.0M | $3.2M | $136K | — | View 990 |
| 2012 | $3.7M | $3.5M | $2.9M | $136K | — | View 990 |
| 2011 | $3.7M | $3.5M | $2.9M | $306K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $1.6M, and assets of $4.1M (revenue +17.6% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.8M, and assets of $3.7M (revenue +3.0% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.8M, and assets of $3.7M (revenue -1.4% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.8M, and assets of $3.7M (revenue +0.4% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.7M, and assets of $3.8M (revenue +8.2% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.6M, and assets of $3.7M (revenue -44.3% year-over-year).
- 2017: Revenue of $2.9M, expenses of $3.0M, and assets of $3.7M (revenue -33.6% year-over-year).
- 2016: Revenue of $4.3M, expenses of $4.2M, and assets of $3.9M (revenue +6.1% year-over-year).
- 2015: Revenue of $4.1M, expenses of $3.9M, and assets of $3.8M (revenue +18.1% year-over-year).
- 2014: Revenue of $3.5M, expenses of $3.2M, and assets of $3.6M (revenue +5.1% year-over-year).
- 2013: Revenue of $3.3M, expenses of $3.0M, and assets of $3.2M (revenue -11.1% year-over-year).
- 2012: Revenue of $3.7M, expenses of $3.5M, and assets of $2.9M (revenue +0.6% year-over-year).
- 2011: Revenue of $3.7M, expenses of $3.5M, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Manhattan Bowery Management Corp:
Data Sources and Methodology
This transparency report for Manhattan Bowery Management Corp 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.