The Midtown Management Group Inc
Midtown Management Group shows consistent revenue growth and zero officer compensation, with a recent minor deficit.
EIN: 133192793 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $2.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.6M |
| Transparency Score | 90/100 |
Is The Midtown Management Group Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Midtown Management Group Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Midtown Management Group Inc
The Midtown Management Group Inc (EIN: 133192793) is a nonprofit organization based in New York, NY. The organization reported total revenue of $2.6M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Midtown Management Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Midtown Management Group Inc is a mid-size nonprofit that has been operating for 42 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.4M |
| Surplus / Deficit | $-131,287 |
| Total Assets | $2.2M |
| Total Liabilities | $632K |
| Net Assets | $1.6M |
| Operating Margin | -5.9% |
| Debt-to-Asset Ratio | 28.7% |
| Months of Reserves | 11.2 months |
Financial Health Grade: B
In 2023, The Midtown Management Group Inc reported a deficit of $131K with expenses exceeding revenue, holds 11.2 months of operating reserves (strong position), has a debt-to-asset ratio of 28.7% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), The Midtown Management Group Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.7% | +33.5% | +16.1% |
| 2022 | +86.3% | +28.9% | -7.6% |
| 2021 | -27.0% | -7.8% | +78.2% |
| 2020 | +6.0% | -15.4% | +91.2% |
| 2019 | +4.6% | +4.5% | -10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 The Midtown Management Group Inc with a Mission Score of 90 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, The Midtown Management Group Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 deficit of $131K, with expenses exceeding revenue.
- Debt-to-asset ratio: 28.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly commendable and suggests a strong dedication to maximizing resources for the organization's mission, especially for an organization with over $2 million in annual revenue.
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 The Midtown Management Group Inc's IRS 990 filings:
- Expenses exceeded revenue in the 2023 fiscal period ($2,363,229 vs $2,231,942), indicating a temporary operating deficit.
- Significant fluctuation in liabilities, peaking at $1,072,435 in 2021 and $632,180 in 2023, which warrants further investigation into their nature.
Strengths
The following positive indicators were identified for The Midtown Management Group Inc:
- Consistent revenue growth over the past decade, from $867,176 in 2014 to over $2 million annually in recent years.
- Zero officer compensation reported across all 12 filings, indicating a strong commitment to program spending.
- Healthy growth in assets, increasing from $228,982 in 2014 to $2,202,840 in 2023.
- Consistent filing of IRS Form 990s, demonstrating good transparency practices.
- Generally operates with a surplus, building reserves for future operations (e.g., $2,615,888 revenue vs $1,770,530 expenses in 2022).
Frequently Asked Questions about The Midtown Management Group Inc
Is The Midtown Management Group Inc a legitimate charity?
The Midtown Management Group Inc (EIN: 133192793) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $2.6M. 2 red flags identified. 5 strengths noted. Financial health grade: B.
How does The Midtown Management Group Inc spend its money?
The Midtown Management Group Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The Midtown Management Group Inc tax-deductible?
The Midtown Management Group Inc is registered as a tax-exempt nonprofit (EIN: 133192793). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Midtown Management Group Inc CEO make?
The Midtown Management Group Inc's highest-compensated officer earns $2 annually. The organization reported $2.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is The Midtown Management Group Inc located?
The Midtown Management Group Inc is headquartered in New York, New York and files with the IRS under EIN 133192793.
How many years of IRS 990 filings does The Midtown Management Group Inc have?
The Midtown Management Group 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 $2.6M in total revenue.
Is The Midtown Management Group Inc a good charity?
Based on the available financial data, The Midtown Management Group Inc appears to be a good charity. It demonstrates strong financial growth, maintains a healthy asset base, and notably reports 0% officer compensation, indicating a high dedication to its mission.
How has the organization's financial health changed over time?
The organization has shown significant financial growth, with revenue increasing from $867,176 in 2014 to $2,231,942 in 2023, and assets growing from $228,982 to $2,202,840 over the same period. While there was a slight deficit in 2023, the overall trend is positive with consistent surpluses in most years.
What caused the increase in liabilities in 2021 and 2023?
Liabilities increased significantly to $1,072,435 in 2021 and $632,180 in 2023. Without further detail from the 990 forms, the specific causes are unknown, but could relate to new projects, capital expenditures, or short-term debt.
Filing History
IRS 990 filing history for The Midtown Management Group Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), The Midtown Management Group Inc's revenue has grown by 207.5%, moving from $726K to $2.2M. Total assets increased by 951.9% over the same period, from $209K to $2.2M. Total functional expenses rose by 215.5%, from $749K to $2.4M. In its most recent filing year (2023), The Midtown Management Group Inc reported a deficit of $131K, with expenses exceeding revenue. The organization holds $632K in liabilities against $2.2M in assets (debt-to-asset ratio: 28.7%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.4M | $2.2M | $632K | — | View 990 |
| 2022 | $2.6M | $1.8M | $1.9M | $204K | — | View 990 |
| 2021 | $1.4M | $1.4M | $2.1M | $1.1M | — | View 990 |
| 2020 | $1.9M | $1.5M | $1.2M | $196K | — | View 990 |
| 2019 | $1.8M | $1.8M | $603K | $83K | — | View 990 |
| 2018 | $1.7M | $1.7M | $676K | $213K | — | View 990 |
| 2017 | $1.6M | $1.5M | $492K | $84K | — | View 990 |
| 2016 | $1.3M | $1.2M | $403K | $161K | — | View 990 |
| 2015 | $1.1M | $945K | $296K | $120K | — | View 990 |
| 2014 | $867K | $823K | $229K | $184K | — | View 990 |
| 2013 | $652K | $732K | $189K | $189K | — | View 990 |
| 2012 | $726K | $749K | $209K | $129K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.4M, and assets of $2.2M (revenue -14.7% year-over-year).
- 2022: Revenue of $2.6M, expenses of $1.8M, and assets of $1.9M (revenue +86.3% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.4M, and assets of $2.1M (revenue -27.0% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.5M, and assets of $1.2M (revenue +6.0% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.8M, and assets of $603K (revenue +4.6% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.7M, and assets of $676K (revenue +6.8% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.5M, and assets of $492K (revenue +29.3% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.2M, and assets of $403K (revenue +16.8% year-over-year).
- 2015: Revenue of $1.1M, expenses of $945K, and assets of $296K (revenue +24.1% year-over-year).
- 2014: Revenue of $867K, expenses of $823K, and assets of $229K (revenue +32.9% year-over-year).
- 2013: Revenue of $652K, expenses of $732K, and assets of $189K (revenue -10.1% year-over-year).
- 2012: Revenue of $726K, expenses of $749K, and assets of $209K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Midtown Management Group Inc:
Data Sources and Methodology
This transparency report for The Midtown Management Group 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.