Manhattan Community Access Corporation
Manhattan Community Access Corporation experiences significant revenue volatility and increased liabilities despite substantial assets.
EIN: 133625426 · New York, NY · NTEE: A320 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16.7M |
| Total Expenses | $9.2M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $50 |
| Net Assets | $37.2M |
| Transparency Score | 75/100 |
Is Manhattan Community Access Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Manhattan Community Access Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Manhattan Community Access Corporation
Manhattan Community Access Corporation (EIN: 133625426) is a nonprofit organization based in New York, NY, classified under NTEE code A320. The organization reported total revenue of $16.7M and total assets of $52.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Manhattan Community Access Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Manhattan Community Access Corporation is a large nonprofit that has been operating for 33 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.0M |
| Total Expenses | $9.2M |
| Surplus / Deficit | $-3,121,667 |
| Total Assets | $54.1M |
| Total Liabilities | $16.9M |
| Net Assets | $37.2M |
| Operating Margin | -51.7% |
| Debt-to-Asset Ratio | 31.2% |
| Months of Reserves | 70.8 months |
Financial Health Grade: B
In 2023, Manhattan Community Access Corporation reported a deficit of $3.1M with expenses exceeding revenue, holds 70.8 months of operating reserves (strong position), has a debt-to-asset ratio of 31.2% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Manhattan Community Access Corporation's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -71.3% | +3.6% | -4.5% |
| 2022 | +150.0% | +31.2% | +54.3% |
| 2021 | -2.6% | -11.6% | +19.7% |
| 2020 | -7.2% | -15.8% | +8.0% |
| 2019 | -7.6% | -17.3% | +3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Community Access Corporation 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Manhattan Community Access Corporation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $3.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a highly positive indicator for donor trust and efficient use of funds, especially for an organization with assets exceeding $50 million.
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 Community Access Corporation's IRS 990 filings:
- Significant revenue volatility (e.g., $21M in 2022 to $6M in 2023)
- Expenses exceeding revenue in the latest period ($9.1M vs. $6.0M in 2023)
- Substantial increase in liabilities from $8.4M in 2021 to $16.8M in 2023
Strengths
The following positive indicators were identified for Manhattan Community Access Corporation:
- Consistent reporting of 0% officer compensation, indicating strong executive cost control.
- Long history of IRS 990 filings (14 filings), demonstrating transparency.
- Substantial asset base ($54M in 2023) providing financial stability.
Frequently Asked Questions about Manhattan Community Access Corporation
Is Manhattan Community Access Corporation a legitimate charity?
Manhattan Community Access Corporation (EIN: 133625426) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $16.7M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Manhattan Community Access Corporation spend its money?
Manhattan Community Access Corporation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Manhattan Community Access Corporation tax-deductible?
Manhattan Community Access Corporation is registered as a tax-exempt nonprofit (EIN: 133625426). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Manhattan Community Access Corporation CEO make?
Manhattan Community Access Corporation's highest-compensated officer earns $50 annually. The organization reported $16.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Manhattan Community Access Corporation's spending goes to programs?
Manhattan Community Access Corporation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Manhattan Community Access Corporation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Manhattan Community Access Corporation is above average for NTEE category A320 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Manhattan Community Access Corporation located?
Manhattan Community Access Corporation is headquartered in New York, New York and files with the IRS under EIN 133625426. It is classified under NTEE code A320.
How many years of IRS 990 filings does Manhattan Community Access Corporation have?
Manhattan Community Access Corporation has 14 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 $16.7M in total revenue.
What caused the significant drop in revenue from $21,059,093 in 2022 to $6,036,233 in 2023?
The provided data does not specify the exact reasons for this drastic revenue fluctuation. It could be due to one-time grants, changes in funding streams, or other external factors. Further investigation into their financial statements would be needed.
Why have liabilities nearly doubled from $8,449,581 in 2021 to $16,857,550 in 2023?
The substantial increase in liabilities requires a deeper dive into the organization's balance sheet. It could be related to new capital projects, debt financing, or other obligations that have accumulated over this period.
How does Manhattan Community Access Corporation manage its substantial assets of over $50 million?
With assets exceeding $50 million, the organization likely has a sophisticated investment strategy. The 990 filings would provide details on investment income and asset management, but the provided summary does not elaborate on this.
What is the specific breakdown of program services expenses versus administrative and fundraising costs?
The provided summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a complete assessment of spending efficiency.
Filing History
IRS 990 filing history for Manhattan Community Access Corporation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Manhattan Community Access Corporation's revenue has grown by 10%, moving from $5.5M to $6.0M. Total assets increased by 220.8% over the same period, from $16.9M to $54.1M. Total functional expenses rose by 89.5%, from $4.8M to $9.2M. In its most recent filing year (2023), Manhattan Community Access Corporation reported a deficit of $3.1M, with expenses exceeding revenue. The organization holds $16.9M in liabilities against $54.1M in assets (debt-to-asset ratio: 31.2%), resulting in net assets of $37.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.0M | $9.2M | $54.1M | $16.9M | — | — |
| 2022 | $21.1M | $8.8M | $56.6M | $18.0M | — | View 990 |
| 2021 | $8.4M | $6.7M | $36.7M | $8.4M | — | View 990 |
| 2020 | $8.7M | $7.6M | $30.6M | $5.1M | — | — |
| 2019 | $9.3M | $9.1M | $28.4M | $4.7M | — | View 990 |
| 2018 | $10.1M | $11.0M | $27.4M | $4.6M | — | View 990 |
| 2017 | $10.5M | $8.9M | $28.4M | $4.7M | — | View 990 |
| 2016 | $9.2M | $9.3M | $26.7M | $4.8M | — | View 990 |
| 2015 | $9.1M | $8.2M | $26.8M | $4.8M | — | View 990 |
| 2014 | $9.1M | $7.4M | $25.9M | $4.7M | — | View 990 |
| 2013 | $7.8M | $6.5M | $24.3M | $4.8M | — | View 990 |
| 2012 | $7.4M | $5.8M | $23.1M | $4.9M | — | View 990 |
| 2011 | $10.8M | $4.8M | $22.8M | $6.2M | — | View 990 |
| 2010 | $5.5M | $4.8M | $16.9M | $6.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.0M, expenses of $9.2M, and assets of $54.1M (revenue -71.3% year-over-year).
- 2022: Revenue of $21.1M, expenses of $8.8M, and assets of $56.6M (revenue +150.0% year-over-year).
- 2021: Revenue of $8.4M, expenses of $6.7M, and assets of $36.7M (revenue -2.6% year-over-year).
- 2020: Revenue of $8.7M, expenses of $7.6M, and assets of $30.6M (revenue -7.2% year-over-year).
- 2019: Revenue of $9.3M, expenses of $9.1M, and assets of $28.4M (revenue -7.6% year-over-year).
- 2018: Revenue of $10.1M, expenses of $11.0M, and assets of $27.4M (revenue -3.8% year-over-year).
- 2017: Revenue of $10.5M, expenses of $8.9M, and assets of $28.4M (revenue +14.0% year-over-year).
- 2016: Revenue of $9.2M, expenses of $9.3M, and assets of $26.7M (revenue +1.2% year-over-year).
- 2015: Revenue of $9.1M, expenses of $8.2M, and assets of $26.8M (revenue +-0.0% year-over-year).
- 2014: Revenue of $9.1M, expenses of $7.4M, and assets of $25.9M (revenue +16.7% year-over-year).
- 2013: Revenue of $7.8M, expenses of $6.5M, and assets of $24.3M (revenue +5.0% year-over-year).
- 2012: Revenue of $7.4M, expenses of $5.8M, and assets of $23.1M (revenue -31.6% year-over-year).
- 2011: Revenue of $10.8M, expenses of $4.8M, and assets of $22.8M (revenue +97.5% year-over-year).
- 2010: Revenue of $5.5M, expenses of $4.8M, and assets of $16.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Manhattan Community Access Corporation:
Data Sources and Methodology
This transparency report for Manhattan Community Access Corporation 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.