Is Fulton Family Ymca Legit?

The Fulton Family YMCA demonstrates a generally stable financial trajectory, with a notable increase in revenue and assets over the past few years. Revenue grew from $984,016 in 2020 to $2,106,538 in 2023, indicating strong growth and community support. The organization consistently operates with expenses close to or below revenue, suggesting prudent financial management. For instance, in 2023, revenue was $2,106,538 against expenses of $1,953,459, resulting in a surplus. Spending efficiency appears reasonable, with the organization consistently managing its expenses relative to its income. While specific program, administrative, and fundraising expense breakdowns are not provided in the raw data, the overall financial health suggests that the majority of funds are likely directed towards its mission. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards organizational activities rather than executive pay. This practice enhances public trust and demonstrates a focus on mission delivery. The organization's assets have also shown consistent growth, from $965,860 in 2020 to $1,348,467 in 2023, which strengthens its financial foundation. Liabilities have remained manageable relative to assets, indicating a healthy balance sheet. The consistent filing of IRS Form 990s over 14 periods further underscores a commitment to transparency and accountability.