Demonstrated ability to generate substantial revenue, as seen in the 2023 filing of $2,174,356.
Positive net assets growth over time, from $1,646,712 in 2015 to $2,988,508 in 2023.
Spending Breakdown
How New York State Ymca Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 New York State Ymca Foundation Inc
Is New York State Ymca Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New York State Ymca Foundation Inc (EIN: 131624195) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is New York State Ymca Foundation Inc a good charity to donate to?
New York State Ymca Foundation Inc has a Mission Score of 92/100. Revenue: $3.2M. Assets: $2.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New York State Ymca Foundation Inc?
The Employer Identification Number (EIN) for New York State Ymca Foundation Inc is 131624195. 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 New York State Ymca Foundation Inc spend its money?
New York State Ymca Foundation Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New York State Ymca Foundation Inc's tax-exempt status?
You can verify New York State Ymca Foundation Inc's tax-exempt status using EIN 131624195 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 New York State YMCA Foundation Inc. demonstrates a generally healthy financial position, with its latest reported assets at $2,988,508 exceeding its liabilities of $194,025 in 2023. The organization has shown significant revenue fluctuations, with a notable increase to $2,174,356 in 2023 from $438,662 in 2022, indicating potential for growth or variability in funding sources. Its spending efficiency appears strong, as expenses in 2023 were $1,611,968 against revenues of $2,174,356, suggesting a surplus that can be reinvested into its mission or reserves. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a commitment to directing funds towards programmatic activities rather than executive salaries. This practice enhances public trust and suggests a volunteer-driven leadership model.