Masters Manna Inc
Masters Manna Inc consistently operates with zero liabilities and no reported officer compensation.
EIN: 205643387 · Wallingford, CT · NTEE: K31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $367K |
| Transparency Score | 92/100 |
Is Masters Manna Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Masters Manna Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Masters Manna Inc
Masters Manna Inc (EIN: 205643387) is a nonprofit organization based in Wallingford, CT, classified under NTEE code K31. The organization reported total revenue of $1.6M and total assets of $283K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Masters Manna Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Masters Manna Inc is a mid-size nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$17K |
| Total Assets | $367K |
| Net Assets | $367K |
| Operating Margin | 1.0% |
| Months of Reserves | 2.7 months |
Financial Health Grade: A
In 2023, Masters Manna Inc reported a surplus of $17K with revenue exceeding expenses, holds 2.7 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), Masters Manna Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.6% | +19.5% | +4.8% |
| 2022 | +8.7% | +20.7% | -13.0% |
| 2021 | -10.0% | +1.3% | +23.1% |
| 2020 | -3.0% | -15.7% | +214.1% |
| 2019 | +3.2% | -0.4% | +59.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Masters Manna Inc 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Masters Manna Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $17K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either volunteers or compensated through non-officer roles, which is highly favorable for a nonprofit of its size with annual revenues exceeding $1 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.
Strengths
The following positive indicators were identified for Masters Manna Inc:
- Consistent zero liabilities reported since 2019, indicating strong financial health.
- 0% officer compensation reported across all filings, suggesting efficient use of funds.
- Stable revenue stream, consistently above $1.2 million annually.
- Growing asset base, from $104,110 in 2019 to $367,207 in 2023.
- Consistent filing of IRS 990s, demonstrating transparency.
Frequently Asked Questions about Masters Manna Inc
Is Masters Manna Inc a legitimate charity?
Masters Manna Inc (EIN: 205643387) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 92/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.6M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Masters Manna Inc spend its money?
Masters Manna Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Masters Manna Inc tax-deductible?
Masters Manna Inc is registered as a tax-exempt nonprofit (EIN: 205643387). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Masters Manna Inc CEO make?
Masters Manna Inc's highest-compensated officer earns $1 annually. The organization reported $1.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Masters Manna Inc's spending goes to programs?
Masters Manna Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Masters Manna Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Masters Manna Inc is above average for NTEE category K31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Masters Manna Inc located?
Masters Manna Inc is headquartered in Wallingford, Connecticut and files with the IRS under EIN 205643387. It is classified under NTEE code K31.
How many years of IRS 990 filings does Masters Manna Inc have?
Masters Manna Inc 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 $1.6M in total revenue.
Is Masters Manna Inc a good charity?
Based on the available financial data, Masters Manna Inc appears to be a very good charity. It consistently operates with zero liabilities, indicating strong financial health, and reports 0% officer compensation, suggesting a high dedication of resources to its mission rather than executive pay.
How has Masters Manna Inc's financial health changed over time?
Masters Manna Inc has shown consistent financial health, maintaining revenues generally above $1.2 million annually. Notably, its assets have grown significantly from $65,304 in 2018 to $367,207 in 2023, and it has consistently reported $0 in liabilities since 2019, indicating improved financial stability and resource accumulation.
What is Masters Manna Inc's approach to executive compensation?
Masters Manna Inc reports 0% officer compensation in all available IRS 990 filings. This suggests a highly efficient and volunteer-driven leadership model, or that any compensation is structured in a way that does not fall under 'officer compensation' as reported on the 990, which is a positive indicator for donor trust.
Filing History
IRS 990 filing history for Masters Manna Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Masters Manna Inc's revenue has grown by 26.1%, moving from $1.3M to $1.6M. Total assets increased by 685.5% over the same period, from $47K to $367K. Total functional expenses rose by 24.6%, from $1.3M to $1.6M. In its most recent filing year (2023), Masters Manna Inc reported a surplus of $17K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.6M | $367K | $0 | — | — |
| 2022 | $1.3M | $1.4M | $350K | $0 | — | View 990 |
| 2021 | $1.2M | $1.1M | $403K | $0 | — | View 990 |
| 2020 | $1.3M | $1.1M | $327K | $0 | — | — |
| 2019 | $1.4M | $1.3M | $104K | $0 | — | View 990 |
| 2018 | $1.3M | $1.3M | $65K | $18K | — | View 990 |
| 2017 | $1.4M | $1.5M | $73K | $30K | — | — |
| 2016 | $1.8M | $1.8M | $139K | $38K | — | View 990 |
| 2015 | $1.5M | $1.6M | $115K | $49K | — | View 990 |
| 2014 | $1.9M | $1.8M | $140K | $3K | — | View 990 |
| 2013 | $1.5M | $1.4M | $123K | $5K | — | View 990 |
| 2011 | $1.3M | $1.3M | $47K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.6M, and assets of $367K (revenue +25.6% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.4M, and assets of $350K (revenue +8.7% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $403K (revenue -10.0% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.1M, and assets of $327K (revenue -3.0% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.3M, and assets of $104K (revenue +3.2% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $65K (revenue -5.3% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.5M, and assets of $73K (revenue -21.3% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.8M, and assets of $139K (revenue +18.8% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.6M, and assets of $115K (revenue -19.0% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.8M, and assets of $140K (revenue +24.9% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.4M, and assets of $123K (revenue +14.5% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.3M, and assets of $47K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Masters Manna Inc:
Data Sources and Methodology
This transparency report for Masters Manna 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.