Manufacturers Association Of Central New York Inc
Manufacturers Association Of Central New York Inc operates near break-even with growing assets but also increasing liabilities.
EIN: 150375650 · Syracuse, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $2.1M |
| Program Spending | 80% |
| Net Assets | $628K |
| Transparency Score | 70/100 |
Is Manufacturers Association Of Central New York Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Manufacturers Association Of Central New York Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Manufacturers Association Of Central New York Inc
Manufacturers Association Of Central New York Inc (EIN: 150375650) is a nonprofit organization based in Syracuse, NY. The organization reported total revenue of $2.7M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Manufacturers Association Of Central New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Manufacturers Association Of Central New York Inc is a mid-size nonprofit that has been operating for 86 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$20K |
| Total Assets | $2.4M |
| Total Liabilities | $1.7M |
| Net Assets | $628K |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 73.4% |
| Months of Reserves | 13.2 months |
Financial Health Grade: A
In 2024, Manufacturers Association Of Central New York Inc reported a surplus of $20K with revenue exceeding expenses, holds 13.2 months of operating reserves (strong position), has a debt-to-asset ratio of 73.4% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Manufacturers Association Of Central New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -2.4% | -8.4% | -3.7% |
| 2023 | +5.2% | +10.6% | +72.8% |
| 2022 | +26.5% | +29.2% | -9.2% |
| 2021 | +17.1% | +7.8% | +21.7% |
| 2020 | -9.2% | -3.7% | -8.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1940 |
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 Manufacturers Association Of Central New York Inc with a Mission Score of 70 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, Manufacturers Association Of Central New York Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 73.4%.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings is unusual for an organization of this size and revenue, suggesting either a fully volunteer executive leadership or that compensation is categorized differently, which could obscure a complete picture of leadership costs.
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 Manufacturers Association Of Central New York Inc's IRS 990 filings:
- Significant increase in liabilities over recent years without clear explanation.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data.
- Consistent 0% officer compensation reported, which may obscure true leadership costs.
Strengths
The following positive indicators were identified for Manufacturers Association Of Central New York Inc:
- Consistent revenue generation over a long period.
- Stable operational scale with revenues generally covering expenses.
- Growth in assets over the past decade, from $1,045,020 in 2015 to $2,357,698 in 2024.
Frequently Asked Questions about Manufacturers Association Of Central New York Inc
Is Manufacturers Association Of Central New York Inc a legitimate charity?
Manufacturers Association Of Central New York Inc (EIN: 150375650) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.7M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Manufacturers Association Of Central New York Inc spend its money?
Manufacturers Association Of Central New York Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Manufacturers Association Of Central New York Inc tax-deductible?
Manufacturers Association Of Central New York Inc is registered as a tax-exempt nonprofit (EIN: 150375650). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Manufacturers Association Of Central New York Inc's spending goes to programs?
Manufacturers Association Of Central New York Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Manufacturers Association Of Central New York Inc located?
Manufacturers Association Of Central New York Inc is headquartered in Syracuse, New York and files with the IRS under EIN 150375650.
How many years of IRS 990 filings does Manufacturers Association Of Central New York Inc have?
Manufacturers Association Of Central New York Inc 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 $2.7M in total revenue.
What is the detailed functional expense breakdown (program, administrative, fundraising) for MACNY?
The provided data does not include a detailed functional expense breakdown, making it difficult to assess the exact proportion of spending dedicated to programs versus administrative and fundraising activities.
Why have liabilities significantly increased over the past few years, reaching $1,890,517 in 2023?
The data indicates a substantial increase in liabilities, but the specific reasons (e.g., debt, deferred revenue) are not detailed in the provided summary.
How is executive compensation handled if 0% is reported for officers?
The consistent 0% officer compensation suggests either a volunteer executive team or that executive salaries are reported under other expense lines, which would require reviewing the full IRS 990 for clarity.
Filing History
IRS 990 filing history for Manufacturers Association Of Central New York Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Manufacturers Association Of Central New York Inc's revenue has grown by 73%, moving from $1.3M to $2.2M. Total assets increased by 156.4% over the same period, from $919K to $2.4M. Total functional expenses rose by 75.7%, from $1.2M to $2.1M. In its most recent filing year (2024), Manufacturers Association Of Central New York Inc reported a surplus of $20K, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $2.4M in assets (debt-to-asset ratio: 73.4%), resulting in net assets of $628K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.2M | $2.1M | $2.4M | $1.7M | — | View 990 |
| 2023 | $2.2M | $2.3M | $2.4M | $1.9M | — | View 990 |
| 2022 | $2.1M | $2.1M | $1.4M | $766K | — | View 990 |
| 2021 | $1.7M | $1.6M | $1.6M | $856K | — | — |
| 2020 | $1.4M | $1.5M | $1.3M | $660K | — | — |
| 2019 | $1.6M | $1.6M | $1.4M | $653K | — | View 990 |
| 2018 | $1.5M | $1.5M | $1.4M | $629K | — | View 990 |
| 2017 | $1.4M | $1.5M | $1.2M | $466K | — | View 990 |
| 2016 | $1.5M | $1.5M | $1.0M | $386K | — | View 990 |
| 2015 | $1.5M | $1.5M | $1.0M | $383K | — | View 990 |
| 2014 | $1.5M | $1.4M | $991K | $357K | — | View 990 |
| 2013 | $1.3M | $1.3M | $1.1M | $507K | — | View 990 |
| 2012 | $1.3M | $1.2M | $1.0M | $489K | — | View 990 |
| 2011 | $1.3M | $1.2M | $919K | $532K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.2M, expenses of $2.1M, and assets of $2.4M (revenue -2.4% year-over-year).
- 2023: Revenue of $2.2M, expenses of $2.3M, and assets of $2.4M (revenue +5.2% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.1M, and assets of $1.4M (revenue +26.5% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.6M, and assets of $1.6M (revenue +17.1% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.5M, and assets of $1.3M (revenue -9.2% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.6M, and assets of $1.4M (revenue +7.9% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.5M, and assets of $1.4M (revenue +0.7% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.5M, and assets of $1.2M (revenue -3.5% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.5M, and assets of $1.0M (revenue +1.9% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.5M, and assets of $1.0M (revenue -0.8% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.4M, and assets of $991K (revenue +10.6% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $1.1M (revenue +0.2% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.2M, and assets of $1.0M (revenue +6.8% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.2M, and assets of $919K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Manufacturers Association Of Central New York Inc:
Data Sources and Methodology
This transparency report for Manufacturers Association Of Central New York Inc 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.