Northern Manor Multicare Center Inc
Northern Manor Multicare Center Inc. shows consistent revenue growth and operational surpluses in recent years, with no reported officer compensation.
EIN: 133623600 · Bronx, NY · NTEE: P80Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $37.3M |
| Total Expenses | $35.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $1.1M |
| Transparency Score | 75/100 |
Is Northern Manor Multicare Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northern Manor Multicare Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Northern Manor Multicare Center Inc
Northern Manor Multicare Center Inc (EIN: 133623600) is a nonprofit organization based in Bronx, NY, classified under NTEE code P80Z. The organization reported total revenue of $37.3M and total assets of $24.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northern Manor Multicare Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northern Manor Multicare Center Inc is a large nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $36.6M |
| Total Expenses | $35.9M |
| Surplus / Deficit | +$672K |
| Total Assets | $25.8M |
| Total Liabilities | $24.6M |
| Net Assets | $1.1M |
| Operating Margin | 1.8% |
| Debt-to-Asset Ratio | 95.6% |
| Months of Reserves | 8.6 months |
Financial Health Grade: A
In 2023, Northern Manor Multicare Center Inc reported a surplus of $672K with revenue exceeding expenses, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 95.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Northern Manor Multicare Center Inc's revenue has grown at a compound annual growth rate (CAGR) of -0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.5% | +7.5% | +1.7% |
| 2022 | -10.4% | +7.4% | -5.6% |
| 2021 | +32.0% | -1.8% | +35.2% |
| 2020 | -2.5% | +5.0% | +21.8% |
| 2019 | +7.4% | -0.9% | -13.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Northern Manor Multicare Center Inc 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, Northern Manor Multicare Center Inc 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 surplus of $672K, with revenue exceeding expenses.
- Debt-to-asset ratio: 95.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all provided filing periods, which is unusual for an entity with over $30 million in annual revenue. This could indicate that executive compensation is paid through a related management company or that the organization operates with a volunteer executive leadership structure.
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 Northern Manor Multicare Center Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which may obscure actual executive remuneration if paid through related entities.
- Liabilities have historically been high, sometimes exceeding assets (e.g., 2020), indicating potential long-term debt or financial obligations that warrant further investigation.
Strengths
The following positive indicators were identified for Northern Manor Multicare Center Inc:
- Consistent operational surpluses in recent years (e.g., $671,613 in 2023, $1,951,300 in 2022) indicating sound financial management.
- Steady revenue growth, from $28,565,871 in 2018 to $36,604,964 in 2023, demonstrating financial stability and increasing capacity.
- Assets have shown significant growth, from $16,313,872 in 2019 to $25,770,602 in 2023, enhancing the organization's financial base.
- Long history of IRS 990 filings (13 filings), suggesting a commitment to regulatory compliance and transparency.
Frequently Asked Questions about Northern Manor Multicare Center Inc
Is Northern Manor Multicare Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Northern Manor Multicare Center Inc (EIN: 133623600) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Northern Manor Multicare Center Inc spend its money?
Northern Manor Multicare Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Northern Manor Multicare Center Inc tax-deductible?
Northern Manor Multicare Center Inc is registered as a tax-exempt nonprofit (EIN: 133623600). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Northern Manor Multicare Center Inc CEO make?
Northern Manor Multicare Center Inc's highest-compensated officer earns $30 annually. The organization reported $37.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Northern Manor Multicare Center Inc's spending goes to programs?
Northern Manor Multicare Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Northern Manor Multicare Center Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Northern Manor Multicare Center Inc is above average for NTEE category P80Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Northern Manor Multicare Center Inc located?
Northern Manor Multicare Center Inc is headquartered in Bronx, New York and files with the IRS under EIN 133623600. It is classified under NTEE code P80Z.
How many years of IRS 990 filings does Northern Manor Multicare Center Inc have?
Northern Manor Multicare Center Inc 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 $37.3M in total revenue.
How does Northern Manor Multicare Center Inc. manage its substantial liabilities, which have at times exceeded its assets?
In 2020, liabilities were $29,703,589 while assets were $19,862,310. While assets have grown to $25,770,602 by 2023, liabilities remain high at $24,625,203. Understanding the nature of these liabilities (e.g., long-term debt, mortgages) is crucial for a full financial assessment.
Why is officer compensation consistently reported as 0% across all filings, despite significant revenue?
This is a notable data point. It could mean that executive leadership is entirely volunteer, or more commonly, that compensation for key management personnel is paid through a separate management entity, which would not be directly reflected in the 'Officer Comp' line item on the 990 for this specific organization.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed functional expense breakdown. To fully assess spending efficiency, it would be necessary to review the full IRS Form 990, Part IX, Statement of Functional Expenses, to understand how the $35,933,351 in expenses (2023) is allocated across these categories.
Filing History
IRS 990 filing history for Northern Manor Multicare Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Northern Manor Multicare Center Inc's revenue has declined by 0.3%, moving from $36.7M to $36.6M. Total assets increased by 15.9% over the same period, from $22.2M to $25.8M. Total functional expenses rose by 11.2%, from $32.3M to $35.9M. In its most recent filing year (2023), Northern Manor Multicare Center Inc reported a surplus of $672K, with revenue exceeding expenses. The organization holds $24.6M in liabilities against $25.8M in assets (debt-to-asset ratio: 95.6%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $36.6M | $35.9M | $25.8M | $24.6M | — | — |
| 2022 | $35.4M | $33.4M | $25.3M | $24.9M | — | View 990 |
| 2021 | $39.5M | $31.1M | $26.8M | $28.3M | — | View 990 |
| 2020 | $29.9M | $31.7M | $19.9M | $29.7M | — | View 990 |
| 2019 | $30.7M | $30.2M | $16.3M | $24.4M | — | View 990 |
| 2018 | $28.6M | $30.5M | $18.8M | $27.3M | — | View 990 |
| 2017 | $29.9M | $29.4M | $21.2M | $24.1M | — | View 990 |
| 2016 | $29.5M | $29.0M | $18.5M | $21.9M | — | View 990 |
| 2015 | $28.6M | $29.0M | $17.1M | $21.0M | — | View 990 |
| 2014 | $32.2M | $31.1M | $18.2M | $21.7M | — | View 990 |
| 2013 | $35.2M | $33.4M | $18.6M | $23.2M | — | View 990 |
| 2012 | $41.9M | $36.7M | $18.8M | $18.7M | — | View 990 |
| 2011 | $36.7M | $32.3M | $22.2M | $22.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $36.6M, expenses of $35.9M, and assets of $25.8M (revenue +3.5% year-over-year).
- 2022: Revenue of $35.4M, expenses of $33.4M, and assets of $25.3M (revenue -10.4% year-over-year).
- 2021: Revenue of $39.5M, expenses of $31.1M, and assets of $26.8M (revenue +32.0% year-over-year).
- 2020: Revenue of $29.9M, expenses of $31.7M, and assets of $19.9M (revenue -2.5% year-over-year).
- 2019: Revenue of $30.7M, expenses of $30.2M, and assets of $16.3M (revenue +7.4% year-over-year).
- 2018: Revenue of $28.6M, expenses of $30.5M, and assets of $18.8M (revenue -4.4% year-over-year).
- 2017: Revenue of $29.9M, expenses of $29.4M, and assets of $21.2M (revenue +1.2% year-over-year).
- 2016: Revenue of $29.5M, expenses of $29.0M, and assets of $18.5M (revenue +3.1% year-over-year).
- 2015: Revenue of $28.6M, expenses of $29.0M, and assets of $17.1M (revenue -11.1% year-over-year).
- 2014: Revenue of $32.2M, expenses of $31.1M, and assets of $18.2M (revenue -8.7% year-over-year).
- 2013: Revenue of $35.2M, expenses of $33.4M, and assets of $18.6M (revenue -15.9% year-over-year).
- 2012: Revenue of $41.9M, expenses of $36.7M, and assets of $18.8M (revenue +14.1% year-over-year).
- 2011: Revenue of $36.7M, expenses of $32.3M, and assets of $22.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northern Manor Multicare Center Inc:
Data Sources and Methodology
This transparency report for Northern Manor Multicare Center 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.