Manhattan University
Manhattan University shows consistent revenue growth and asset accumulation, with a recent minor operating deficit and undisclosed officer compensation.
EIN: 131740468 · Bronx, NY · NTEE: B430 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $352.1M |
| Total Expenses | $228.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $226.8 |
| Net Assets | $315.0M |
| Transparency Score | 75/100 |
Is Manhattan University Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Manhattan University directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Manhattan University
Manhattan University (EIN: 131740468) is a nonprofit organization based in Bronx, NY, classified under NTEE code B430. The organization reported total revenue of $352.1M and total assets of $424.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Manhattan University's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Manhattan University is a major nonprofit that has been operating for 97 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $226.8M |
| Total Expenses | $228.9M |
| Surplus / Deficit | $-2,119,294 |
| Total Assets | $431.4M |
| Total Liabilities | $116.4M |
| Net Assets | $315.0M |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 27.0% |
| Months of Reserves | 22.6 months |
Financial Health Grade: B
In 2023, Manhattan University reported a deficit of $2.1M with expenses exceeding revenue, holds 22.6 months of operating reserves (strong position), has a debt-to-asset ratio of 27.0% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Manhattan University's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.3% | +7.1% | +0.9% |
| 2022 | +4.1% | +0.8% | -3.5% |
| 2021 | -0.6% | +0.9% | +6.8% |
| 2020 | -1.5% | -0.8% | +0.9% |
| 2019 | -6.0% | +5.2% | +1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1929 |
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 University 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Manhattan University 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 deficit of $2.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 27.0%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of Manhattan University's size and revenue ($226.8 million in 2023). This suggests executive compensation may be reported in other expense categories or is not disclosed in a standard manner, raising questions about transparency.
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 University's IRS 990 filings:
- Consistent 0% officer compensation reported, potentially indicating a lack of transparency in executive pay disclosure.
- Slight operating deficit in the latest 2023 filing ($2.1 million), breaking a trend of surpluses.
Strengths
The following positive indicators were identified for Manhattan University:
- Consistent revenue growth over the past decade, from $165.4 million in 2014 to $226.8 million in 2023.
- Strong and growing asset base, increasing from $313.4 million in 2014 to $431.4 million in 2023.
- Generally stable financial operations with revenues typically exceeding expenses in most years.
- Low liabilities relative to assets, indicating a healthy balance sheet.
Frequently Asked Questions about Manhattan University
Is Manhattan University a legitimate charity?
Based on AI analysis of IRS 990 filings, Manhattan University (EIN: 131740468) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Manhattan University spend its money?
Manhattan University directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Manhattan University tax-deductible?
Manhattan University is registered as a tax-exempt nonprofit (EIN: 131740468). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Manhattan University CEO make?
Manhattan University's highest-compensated officer earns $226.8 annually. The organization reported $352.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Manhattan University's spending goes to programs?
Manhattan University directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Manhattan University compare to similar nonprofits?
With a transparency score of 75/100 (Good), Manhattan University is above average for NTEE category B430 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Manhattan University located?
Manhattan University is headquartered in Bronx, New York and files with the IRS under EIN 131740468. It is classified under NTEE code B430.
How many years of IRS 990 filings does Manhattan University have?
Manhattan University has 12 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 $352.1M in total revenue.
How is executive compensation for Manhattan University's leadership structured and reported, given the 0% officer compensation listed on all 990 filings?
The consistent reporting of 0% officer compensation across all 990 filings for an institution of this size suggests that executive compensation might be categorized differently or not explicitly disclosed in the 'Officer Comp' section. Further investigation into the detailed expense breakdowns would be necessary to understand how leadership is compensated.
What caused the slight operating deficit in the 2023 fiscal period, where expenses exceeded revenue by approximately $2.1 million?
The 2023 filing shows expenses of $228,880,381 against revenues of $226,761,087, resulting in a deficit. This could be due to increased operational costs, investments in new programs, or a temporary dip in specific revenue streams. A detailed look at the expense categories would clarify the reason.
What is the university's strategy for managing its liabilities, which have fluctuated between $109.8 million and $128.5 million over the past decade?
Manhattan University's liabilities have remained relatively stable, ranging from $109.8 million to $128.5 million. While not excessively high relative to assets, understanding the composition of these liabilities (e.g., bonds, loans, deferred revenue) and the university's repayment strategy is important for long-term financial health.
Filing History
IRS 990 filing history for Manhattan University showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Manhattan University's revenue has grown by 82%, moving from $124.6M to $226.8M. Total assets increased by 71.4% over the same period, from $251.7M to $431.4M. Total functional expenses rose by 88.1%, from $121.7M to $228.9M. In its most recent filing year (2023), Manhattan University reported a deficit of $2.1M, with expenses exceeding revenue. The organization holds $116.4M in liabilities against $431.4M in assets (debt-to-asset ratio: 27.0%), resulting in net assets of $315.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $226.8M | $228.9M | $431.4M | $116.4M | — | — |
| 2022 | $221.7M | $213.6M | $427.4M | $121.0M | — | View 990 |
| 2021 | $212.9M | $212.0M | $443.0M | $121.8M | — | View 990 |
| 2020 | $214.3M | $210.0M | $414.8M | $119.5M | — | View 990 |
| 2019 | $217.5M | $211.8M | $411.1M | $124.8M | — | View 990 |
| 2018 | $231.5M | $201.4M | $403.7M | $128.5M | — | View 990 |
| 2017 | $206.5M | $190.0M | $365.2M | $124.6M | — | View 990 |
| 2016 | $198.1M | $180.8M | $327.8M | $109.8M | — | View 990 |
| 2015 | $176.0M | $165.9M | $315.0M | $114.3M | — | View 990 |
| 2014 | $165.4M | $150.2M | $313.4M | $123.6M | — | View 990 |
| 2013 | $150.7M | $143.0M | $261.6M | $95.3M | — | View 990 |
| 2011 | $124.6M | $121.7M | $251.7M | $100.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $226.8M, expenses of $228.9M, and assets of $431.4M (revenue +2.3% year-over-year).
- 2022: Revenue of $221.7M, expenses of $213.6M, and assets of $427.4M (revenue +4.1% year-over-year).
- 2021: Revenue of $212.9M, expenses of $212.0M, and assets of $443.0M (revenue -0.6% year-over-year).
- 2020: Revenue of $214.3M, expenses of $210.0M, and assets of $414.8M (revenue -1.5% year-over-year).
- 2019: Revenue of $217.5M, expenses of $211.8M, and assets of $411.1M (revenue -6.0% year-over-year).
- 2018: Revenue of $231.5M, expenses of $201.4M, and assets of $403.7M (revenue +12.1% year-over-year).
- 2017: Revenue of $206.5M, expenses of $190.0M, and assets of $365.2M (revenue +4.2% year-over-year).
- 2016: Revenue of $198.1M, expenses of $180.8M, and assets of $327.8M (revenue +12.6% year-over-year).
- 2015: Revenue of $176.0M, expenses of $165.9M, and assets of $315.0M (revenue +6.4% year-over-year).
- 2014: Revenue of $165.4M, expenses of $150.2M, and assets of $313.4M (revenue +9.7% year-over-year).
- 2013: Revenue of $150.7M, expenses of $143.0M, and assets of $261.6M (revenue +20.9% year-over-year).
- 2011: Revenue of $124.6M, expenses of $121.7M, and assets of $251.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Manhattan University:
Data Sources and Methodology
This transparency report for Manhattan University 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.