Manhattan Charter School
Manhattan Charter School consistently generates surpluses and grows assets with no reported officer compensation.
EIN: 201608400 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $4.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $3.6M |
| Transparency Score | 90/100 |
Is Manhattan Charter School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Manhattan Charter School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Manhattan Charter School
Manhattan Charter School (EIN: 201608400) is a nonprofit organization based in New York, NY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Manhattan Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Manhattan Charter School is a mid-size nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $4.0M |
| Surplus / Deficit | +$354K |
| Total Assets | $4.3M |
| Total Liabilities | $675K |
| Net Assets | $3.6M |
| Operating Margin | 8.2% |
| Debt-to-Asset Ratio | 15.6% |
| Months of Reserves | 13.1 months |
Financial Health Grade: A
In 2015, Manhattan Charter School reported a surplus of $354K with revenue exceeding expenses, holds 13.1 months of operating reserves (strong position), has a debt-to-asset ratio of 15.6% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Manhattan Charter School's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +2.9% | +2.8% | +9.8% |
| 2014 | +0.2% | -7.0% | +8.2% |
| 2013 | -1.4% | +10.2% | +2.2% |
| 2012 | +1.7% | +7.9% | +16.7% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Manhattan Charter School 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Manhattan Charter School allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $354K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.6%.
Executive Compensation Analysis
Manhattan Charter School 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 with over $4 million in annual revenue.
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 Manhattan Charter School's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Unusually low (0%) officer compensation for an organization of this size, which might indicate compensation is reported elsewhere or through an affiliated entity, warranting further investigation.
Strengths
The following positive indicators were identified for Manhattan Charter School:
- Consistent operational surpluses, with revenue exceeding expenses in all reported periods.
- Steady growth in assets, from $3,050,004 in 2011 to $4,320,972 in 2015, indicating financial health.
- No reported officer compensation, suggesting a high degree of financial efficiency and dedication of funds to the mission.
- Manageable liabilities relative to assets, indicating good financial stewardship.
Frequently Asked Questions about Manhattan Charter School
Is Manhattan Charter School a legitimate charity?
Manhattan Charter School (EIN: 201608400) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 5 years of IRS 990 filings on record. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Manhattan Charter School spend its money?
Manhattan Charter School directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Manhattan Charter School tax-deductible?
Manhattan Charter School is registered as a tax-exempt nonprofit (EIN: 201608400). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Manhattan Charter School CEO make?
Manhattan Charter School's highest-compensated officer earns $4 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Manhattan Charter School's spending goes to programs?
Manhattan Charter School directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Manhattan Charter School located?
Manhattan Charter School is headquartered in New York, New York and files with the IRS under EIN 201608400.
How many years of IRS 990 filings does Manhattan Charter School have?
Manhattan Charter School 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.
How does Manhattan Charter School manage to operate without reporting officer compensation?
The filings consistently show 0% officer compensation. This could mean that executive roles are filled by volunteers, or compensation is reported under other expense categories not explicitly identified as 'officer compensation' in the summary data, or executives are compensated by an affiliated entity.
What is the primary source of Manhattan Charter School's revenue?
While the summary data does not specify revenue sources, as a charter school, its primary revenue would typically come from state and local government funding based on student enrollment.
What are the specific program expenses for Manhattan Charter School?
The provided data does not break down expenses into specific program categories. However, as an educational institution, program expenses would primarily include teacher salaries, classroom materials, and student support services.
Filing History
IRS 990 filing history for Manhattan Charter School showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Manhattan Charter School's revenue has grown by 3.5%, moving from $4.2M to $4.3M. Total assets increased by 41.7% over the same period, from $3.1M to $4.3M. Total functional expenses rose by 13.8%, from $3.5M to $4.0M. In its most recent filing year (2015), Manhattan Charter School reported a surplus of $354K, with revenue exceeding expenses. The organization holds $675K in liabilities against $4.3M in assets (debt-to-asset ratio: 15.6%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $4.3M | $4.0M | $4.3M | $675K | — | View 990 |
| 2014 | $4.2M | $3.8M | $3.9M | $646K | — | View 990 |
| 2013 | $4.2M | $4.1M | $3.6M | $689K | — | View 990 |
| 2012 | $4.2M | $3.8M | $3.6M | $652K | — | View 990 |
| 2011 | $4.2M | $3.5M | $3.1M | $625K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $4.3M, expenses of $4.0M, and assets of $4.3M (revenue +2.9% year-over-year).
- 2014: Revenue of $4.2M, expenses of $3.8M, and assets of $3.9M (revenue +0.2% year-over-year).
- 2013: Revenue of $4.2M, expenses of $4.1M, and assets of $3.6M (revenue -1.4% year-over-year).
- 2012: Revenue of $4.2M, expenses of $3.8M, and assets of $3.6M (revenue +1.7% year-over-year).
- 2011: Revenue of $4.2M, expenses of $3.5M, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Manhattan Charter School:
Data Sources and Methodology
This transparency report for Manhattan Charter School 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.