Is Tri County Young Mens Christian Association Of New York Legit?
Quick charity verification for Tri County Young Mens Christian Association Of New York (EIN: 160743237)
Verdict: Tri County Young Mens Christian Association Of New York appears trustworthy
70/100Mission Score
$5.1MRevenue
$7.2MAssets
2Red Flags
3Strengths
Red Flags
Consistent operating deficits in recent years (e.g., $447,969 in 2023, $449,344 in 2022) indicate spending more than earned.
Significant fluctuations in revenue and expenses without clear explanation in summary data (e.g., 2017 expenses of $6M vs. $1.4M revenue).
Strengths
Zero reported officer compensation across all filings, indicating strong commitment to directing funds to mission.
Maintains a substantial asset base (over $7 million in 2022 and 2021), providing financial stability.
Long filing history (13 filings) suggests consistent compliance and operational presence.
Spending Breakdown
How Tri County Young Mens Christian Association Of New York 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 Tri County Young Mens Christian Association Of New York
Is Tri County Young Mens Christian Association Of New York a legitimate charity?
Based on AI analysis of IRS 990 filings, Tri County Young Mens Christian Association Of New York (EIN: 160743237) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Tri County Young Mens Christian Association Of New York a good charity to donate to?
Tri County Young Mens Christian Association Of New York has a Mission Score of 70/100. Revenue: $5.1M. Assets: $7.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tri County Young Mens Christian Association Of New York?
The Employer Identification Number (EIN) for Tri County Young Mens Christian Association Of New York is 160743237. 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 Tri County Young Mens Christian Association Of New York spend its money?
Tri County Young Mens Christian Association Of New York allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tri County Young Mens Christian Association Of New York's tax-exempt status?
You can verify Tri County Young Mens Christian Association Of New York's tax-exempt status using EIN 160743237 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 Tri County Young Mens Christian Association Of New York demonstrates a mixed financial picture. While the organization has maintained substantial assets, averaging over $6.9 million in the last five years, its operational revenue has frequently fallen short of expenses. For instance, in 2023, revenue was $2,135,085 against expenses of $2,583,054, and in 2022, revenue was $1,563,546 against expenses of $2,012,890. This consistent deficit spending, particularly in recent years, raises questions about long-term financial sustainability if not addressed by drawing from reserves or increasing fundraising efforts.
The organization's transparency is commendable regarding executive compensation, reporting 0% officer compensation across all available filings. This indicates that the highest-ranking individuals are either volunteers or compensated through other means not categorized as 'officer compensation' on the 990, which is a positive sign for donor confidence. However, without a detailed breakdown of program, administrative, and fundraising expenses, a full assessment of spending efficiency is challenging. The significant fluctuations in revenue and expenses, such as the $6,002,723 in expenses in 2017 compared to $1,435,472 in revenue, suggest potential one-time events or significant operational changes that are not immediately clear from the summary data.