Manhattan Star Academy
Manhattan Star Academy shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 134069634 · New York, NY · NTEE: B24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $19.0M |
| Total Expenses | $15.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $17 |
| Net Assets | $7.5M |
| Transparency Score | 92/100 |
Is Manhattan Star Academy Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Manhattan Star Academy directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Manhattan Star Academy
Manhattan Star Academy (EIN: 134069634) is a nonprofit organization based in New York, NY, classified under NTEE code B24. The organization reported total revenue of $19.0M and total assets of $33.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Manhattan Star Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Manhattan Star Academy is a large nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 47.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17.4M |
| Total Expenses | $15.5M |
| Surplus / Deficit | +$1.9M |
| Total Assets | $31.7M |
| Total Liabilities | $24.2M |
| Net Assets | $7.5M |
| Operating Margin | 11.0% |
| Debt-to-Asset Ratio | 76.3% |
| Months of Reserves | 24.6 months |
Financial Health Grade: A
In 2023, Manhattan Star Academy reported a surplus of $1.9M with revenue exceeding expenses, holds 24.6 months of operating reserves (strong position), has a debt-to-asset ratio of 76.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Manhattan Star Academy's revenue has grown at a compound annual growth rate (CAGR) of 47.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.5% | +13.3% | -2.0% |
| 2022 | +25.8% | +9.3% | +3.4% |
| 2021 | +18.0% | +19.6% | +246.5% |
| 2020 | +40.9% | +49.0% | +72.2% |
| 2019 | +20.3% | +20.1% | +32.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
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 Star Academy with a Mission Score of 92 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 Star Academy 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 76.3%.
Executive Compensation Analysis
Manhattan Star Academy consistently reports 0% officer compensation across all 13 available IRS 990 filings, which is highly unusual for an organization of its size with revenues exceeding $17 million. This suggests either a volunteer leadership model, compensation structured outside of typical officer reporting, or a high degree of financial efficiency in avoiding top-heavy executive salaries.
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 Star Academy's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data, making precise spending efficiency analysis difficult without full 990 forms.
Strengths
The following positive indicators were identified for Manhattan Star Academy:
- Consistent and significant revenue growth, from $855,334 in 2014 to $17,426,058 in 2023.
- Strong asset accumulation, growing from $1.7M in 2014 to $31.7M in 2023.
- Consistent reporting of 0% officer compensation, suggesting high efficiency in directing funds to programs.
- Regularly operates with a financial surplus, indicating sound financial management.
- Excellent transparency with 13 years of consistent IRS 990 filings.
Frequently Asked Questions about Manhattan Star Academy
Is Manhattan Star Academy a legitimate charity?
Manhattan Star Academy (EIN: 134069634) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $19.0M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Manhattan Star Academy spend its money?
Manhattan Star Academy directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Manhattan Star Academy tax-deductible?
Manhattan Star Academy is registered as a tax-exempt nonprofit (EIN: 134069634). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Manhattan Star Academy CEO make?
Manhattan Star Academy's highest-compensated officer earns $17 annually. The organization reported $19.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Manhattan Star Academy's spending goes to programs?
Manhattan Star Academy directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Manhattan Star Academy compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Manhattan Star Academy is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Manhattan Star Academy located?
Manhattan Star Academy is headquartered in New York, New York and files with the IRS under EIN 134069634. It is classified under NTEE code B24.
How many years of IRS 990 filings does Manhattan Star Academy have?
Manhattan Star Academy 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 $19.0M in total revenue.
Is Manhattan Star Academy financially stable?
Yes, Manhattan Star Academy demonstrates strong financial stability. Its revenue has grown consistently from $855,334 in 2014 to $17,426,058 in 2023, and it consistently operates with a surplus, such as the $1.9 million surplus in 2023 ($17.4M revenue vs. $15.5M expenses).
How has Manhattan Star Academy's asset base changed over time?
The organization's assets have grown substantially, from $1,773,587 in 2014 to $31,738,886 in 2023, indicating significant growth and investment in its infrastructure and mission.
What is the trend in liabilities for Manhattan Star Academy?
Liabilities have generally increased in line with asset growth, reaching $24,211,357 in 2023. However, assets consistently exceed liabilities, indicating a healthy financial position.
Does Manhattan Star Academy pay its officers?
According to all available IRS 990 filings from 2014 to 2023, Manhattan Star Academy consistently reports 0% officer compensation, which is a notable and positive indicator of resource allocation towards its programs.
Is Manhattan Star Academy growing?
Yes, Manhattan Star Academy has experienced significant and consistent growth in both revenue and assets over the past decade, with revenue increasing by over 1900% from 2014 to 2023.
Filing History
IRS 990 filing history for Manhattan Star Academy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Manhattan Star Academy's revenue has grown by 10207.6%, moving from $169K to $17.4M. Total assets increased by 19025.2% over the same period, from $166K to $31.7M. Total functional expenses rose by 7289.4%, from $210K to $15.5M. In its most recent filing year (2023), Manhattan Star Academy reported a surplus of $1.9M, with revenue exceeding expenses. The organization holds $24.2M in liabilities against $31.7M in assets (debt-to-asset ratio: 76.3%), resulting in net assets of $7.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17.4M | $15.5M | $31.7M | $24.2M | — | View 990 |
| 2022 | $16.5M | $13.7M | $32.4M | $26.8M | — | View 990 |
| 2021 | $13.1M | $12.5M | $31.3M | $28.5M | — | View 990 |
| 2020 | $11.1M | $10.5M | $9.0M | $6.9M | — | View 990 |
| 2019 | $7.9M | $7.0M | $5.2M | $3.7M | — | View 990 |
| 2018 | $6.6M | $5.8M | $4.0M | $3.3M | — | View 990 |
| 2017 | $5.0M | $4.2M | $3.6M | $3.7M | — | View 990 |
| 2016 | $3.4M | $3.2M | $3.2M | $4.0M | — | View 990 |
| 2015 | $1.8M | $2.2M | $3.2M | $4.2M | — | View 990 |
| 2014 | $855K | $1.3M | $1.8M | $2.2M | — | View 990 |
| 2013 | $754K | $738K | $334K | $388K | — | View 990 |
| 2012 | $466K | $496K | $212K | $282K | — | View 990 |
| 2011 | $169K | $210K | $166K | $199K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.4M, expenses of $15.5M, and assets of $31.7M (revenue +5.5% year-over-year).
- 2022: Revenue of $16.5M, expenses of $13.7M, and assets of $32.4M (revenue +25.8% year-over-year).
- 2021: Revenue of $13.1M, expenses of $12.5M, and assets of $31.3M (revenue +18.0% year-over-year).
- 2020: Revenue of $11.1M, expenses of $10.5M, and assets of $9.0M (revenue +40.9% year-over-year).
- 2019: Revenue of $7.9M, expenses of $7.0M, and assets of $5.2M (revenue +20.3% year-over-year).
- 2018: Revenue of $6.6M, expenses of $5.8M, and assets of $4.0M (revenue +32.1% year-over-year).
- 2017: Revenue of $5.0M, expenses of $4.2M, and assets of $3.6M (revenue +47.1% year-over-year).
- 2016: Revenue of $3.4M, expenses of $3.2M, and assets of $3.2M (revenue +92.6% year-over-year).
- 2015: Revenue of $1.8M, expenses of $2.2M, and assets of $3.2M (revenue +104.9% year-over-year).
- 2014: Revenue of $855K, expenses of $1.3M, and assets of $1.8M (revenue +13.5% year-over-year).
- 2013: Revenue of $754K, expenses of $738K, and assets of $334K (revenue +61.7% year-over-year).
- 2012: Revenue of $466K, expenses of $496K, and assets of $212K (revenue +175.7% year-over-year).
- 2011: Revenue of $169K, expenses of $210K, and assets of $166K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Manhattan Star Academy:
Data Sources and Methodology
This transparency report for Manhattan Star Academy 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.