Is Waldo County Young Mens Christian…

Quick charity verification for Waldo County Young Mens Christian Association (EIN: 10493123)

Spending Breakdown

How Waldo County 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

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 Waldo County Young Mens Christian Association

Is Waldo County Young Mens Christian Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Waldo County Young Mens Christian Association (EIN: 10493123) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.

Is Waldo County Young Mens Christian Association a good charity to donate to?

Waldo County Young Mens Christian Association has a Mission Score of 70/100. Revenue: $3.0M. Assets: $5.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Waldo County Young Mens Christian Association?

The Employer Identification Number (EIN) for Waldo County Young Mens Christian Association is 10493123. 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 Waldo County Young Mens Christian Association spend its money?

Waldo County 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 Waldo County Young Mens Christian Association's tax-exempt status?

You can verify Waldo County Young Mens Christian Association's tax-exempt status using EIN 10493123 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

Waldo County Young Mens Christian Association demonstrates a generally stable financial position, though recent years show a trend of expenses exceeding revenue. For instance, in 2023, expenses were $2,290,891 against revenues of $2,063,480, and similarly in 2022, expenses were $2,296,811 compared to revenues of $1,927,744. This consistent operating deficit, while not immediately critical given their asset base of $5,796,616 in 2023, warrants close monitoring to ensure long-term sustainability. The organization's assets have also seen a gradual decline from $6,687,142 in 2014 to $5,796,616 in 2023, which could be a concern if not addressed by increased revenue or reduced spending.

Spending efficiency appears to be a mixed bag. While the organization reports 0% officer compensation across all available filings, which is a strong indicator of efficient use of funds at the executive level, the overall spending patterns suggest that program delivery might be under pressure due to the revenue shortfalls. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess efficiency beyond the executive compensation aspect. However, the consistent operational losses suggest that the organization may need to re-evaluate its revenue generation strategies or cost structures.

Transparency regarding executive compensation is excellent, with all filings indicating 0% officer compensation. This suggests a volunteer-led or very low-paid executive structure, which is highly commendable. However, the lack of more granular expense breakdowns in the provided data limits a full assessment of overall financial transparency beyond this specific metric. The consistent filing of IRS Form 990s over 13 periods indicates a commitment to regulatory compliance and basic financial disclosure.

Is Waldo County Young Mens Christian Association Legit?

Verdict: Waldo County Young Mens Christian Association appears trustworthy

Red Flags

Strengths