Is Saratoga Regional Young Mens Christian Association Legit?
Quick charity verification for Saratoga Regional Young Mens Christian Association (EIN: 141427442)
Verdict: Saratoga Regional Young Mens Christian Association appears trustworthy
85/100Mission Score
$22.2MRevenue
$57.0MAssets
1Red Flags
4Strengths
Red Flags
Unusually low or unreported officer compensation (0% across all filings) which may obscure actual executive pay.
Strengths
Consistent and significant revenue growth, from $8,654,109 in 2020 to $19,108,581 in 2023.
Strong asset accumulation, increasing from $28,329,363 in 2020 to $48,165,385 in 2023.
Expenses consistently lower than revenue, indicating sound financial management (e.g., $16,079,227 expenses vs. $19,108,581 revenue in 2023).
Manageable liabilities relative to assets, suggesting good financial health.
Spending Breakdown
How Saratoga Regional Young Mens Christian Association allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Saratoga Regional Young Mens Christian Association
Is Saratoga Regional Young Mens Christian Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Saratoga Regional Young Mens Christian Association (EIN: 141427442) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Saratoga Regional Young Mens Christian Association a good charity to donate to?
Saratoga Regional Young Mens Christian Association has a Mission Score of 85/100. Revenue: $22.2M. Assets: $57.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Saratoga Regional Young Mens Christian Association?
The Employer Identification Number (EIN) for Saratoga Regional Young Mens Christian Association is 141427442. 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 Saratoga Regional Young Mens Christian Association spend its money?
Saratoga Regional Young Mens Christian Association allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Saratoga Regional Young Mens Christian Association's tax-exempt status?
You can verify Saratoga Regional Young Mens Christian Association's tax-exempt status using EIN 141427442 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 Saratoga Regional Young Mens Christian Association demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, culminating in $19,108,581 in revenue for the 2023 fiscal year. The organization has also shown strong asset growth, reaching $48,165,385 in 2023, indicating good financial stewardship and capacity. Spending efficiency appears reasonable, with expenses typically lower than revenue, allowing for asset accumulation. For instance, in 2023, expenses were $16,079,227 against $19,108,581 in revenue. The consistent reporting of 0% for officer compensation across all available filings suggests either that executive compensation is not reported in this specific field or that it is exceptionally low, which could be a positive indicator of resource allocation to programs, though further detail would be beneficial for a complete assessment of transparency in this area. The organization's liabilities have remained manageable relative to its assets, with liabilities of $8,315,668 against assets of $48,165,385 in 2023.