Quick charity verification for Kennebec Valley Ymca (EIN: 10211811)
Verdict: Kennebec Valley Ymca appears trustworthy
70/100Mission Score
$3.6MRevenue
$7.6MAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which may obscure actual executive costs if compensation is reported elsewhere.
Multiple years of operating deficits (2016-2022) indicate periods where expenses outpaced revenue.
Strengths
Return to operating surplus in 2023 ($3,564,671 revenue vs. $3,343,388 expenses) indicates improved financial management.
Significant reduction in liabilities from $3,087,771 in 2016 to $1,968,039 in 2023, strengthening financial stability.
Maintained a healthy asset base, with assets at $7,717,441 in 2023, providing financial resilience.
Consistent filing of IRS Form 990s over 13 periods demonstrates commitment to regulatory compliance.
Spending Breakdown
How Kennebec Valley Ymca allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Kennebec Valley Ymca
Is Kennebec Valley Ymca a legitimate charity?
Based on AI analysis of IRS 990 filings, Kennebec Valley Ymca (EIN: 10211811) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.
Is Kennebec Valley Ymca a good charity to donate to?
Kennebec Valley Ymca has a Mission Score of 70/100. Revenue: $3.6M. Assets: $7.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kennebec Valley Ymca?
The Employer Identification Number (EIN) for Kennebec Valley Ymca is 10211811. 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 Kennebec Valley Ymca spend its money?
Kennebec Valley Ymca allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kennebec Valley Ymca's tax-exempt status?
You can verify Kennebec Valley Ymca's tax-exempt status using EIN 10211811 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
Kennebec Valley YMCA demonstrates a generally stable financial position, with recent filings showing a positive net income in 2023 ($3,564,671 revenue vs. $3,343,388 expenses) after several years of operating deficits. Their assets have fluctuated, peaking around $9.4 million in 2016 and currently standing at $7,717,441 as of 2023. The organization's liabilities have shown a decreasing trend in recent years, from a high of $3,087,771 in 2016 to $1,968,039 in 2023, which is a positive indicator of financial management. The consistent reporting of 0% officer compensation across all available filings suggests either a volunteer-led executive team or that compensation is reported under other categories, which could impact transparency if not clearly disclosed elsewhere.
Spending efficiency appears to be improving, as evidenced by the return to a surplus in 2023. However, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise assessment of spending efficiency is challenging. The organization's ability to maintain significant assets while managing liabilities downward indicates a degree of financial prudence. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and basic financial transparency.
Overall, Kennebec Valley YMCA appears to be on a path of financial recovery and stability, with a healthy asset base and decreasing liabilities. Further transparency regarding the allocation of expenses (program vs. administrative vs. fundraising) and clarification on executive compensation reporting would enhance the assessment of their financial health and operational efficiency.