Quick charity verification for Bangor Young Mens Christian Association (EIN: 10211485)
Verdict: Bangor Young Mens Christian Association appears trustworthy
85/100Mission Score
$12.3MRevenue
$28.5MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is atypical for an organization of this scale and could indicate a lack of transparency in executive remuneration reporting.
Strengths
Strong financial growth with revenue increasing from $4,935,728 in 2020 to $8,514,863 in 2023.
Significant asset growth from $11,068,892 in 2020 to $23,541,789 in 2023, indicating robust financial health.
Consistent generation of surpluses, with expenses generally well below revenue (e.g., $1,975,804 surplus in 2023).
Effective management of liabilities, which have remained relatively stable despite substantial asset growth.
Spending Breakdown
How Bangor Young Mens Christian Association allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Bangor Young Mens Christian Association
Is Bangor Young Mens Christian Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Bangor Young Mens Christian Association (EIN: 10211485) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Bangor Young Mens Christian Association a good charity to donate to?
Bangor Young Mens Christian Association has a Mission Score of 85/100. Revenue: $12.3M. Assets: $28.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bangor Young Mens Christian Association?
The Employer Identification Number (EIN) for Bangor Young Mens Christian Association is 10211485. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Bangor Young Mens Christian Association spend its money?
Bangor Young Mens Christian Association allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bangor Young Mens Christian Association's tax-exempt status?
You can verify Bangor Young Mens Christian Association's tax-exempt status using EIN 10211485 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Bangor Young Mens Christian Association demonstrates a generally healthy financial position with significant growth in revenue and assets over the past few years. For instance, revenue surged from $4,935,728 in 2020 to $8,514,863 in 2023, and assets more than doubled from $11,068,892 to $23,541,789 in the same period. This growth, particularly the substantial increase in assets, suggests effective financial management and potentially successful fundraising or investment strategies.
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of this size and could indicate that executive compensation is reported under different categories or that the organization relies heavily on volunteer leadership for its top roles. This lack of reported officer compensation, while seemingly positive, warrants further investigation for complete transparency. The organization's spending efficiency appears strong, with expenses generally well below revenue, leading to consistent surpluses, such as the $1,975,804 surplus in 2023 ($8,514,863 revenue - $6,539,059 expenses).
While the financial growth is impressive, the consistent reporting of 0% officer compensation across all periods is a significant data point that impacts the assessment of transparency. It's atypical for an organization with over $8 million in annual revenue and $23 million in assets to report no compensation for its officers. This could be a reporting anomaly or a unique operational structure, but it does raise questions about the full picture of administrative costs and leadership remuneration.