Is Ymca Of Central And Northern Westchester Inc Legit?

The YMCA of Central and Northern Westchester Inc. demonstrates fluctuating financial health over the past decade. While the organization reported a significant revenue spike to $15,409,027 in 2021, its most recent filing for 2023 shows revenue at $7,322,209, with expenses exceeding revenue at $8,623,455, indicating an operating deficit. Assets have generally grown from $5,235,351 in 2019 to $12,991,608 in 2023, suggesting some financial stability, though liabilities have also been substantial in some years, such as $6,951,680 in 2020. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing executive overhead, or that compensation is reported differently or below a certain threshold. The organization's ability to manage expenses relative to revenue has varied, with several years showing expenses exceeding revenue, such as in 2023, 2018, 2017, 2016, 2015, and 2014. Transparency regarding executive compensation appears high, with 0% reported for officers in all available filings. However, without a detailed functional expense breakdown, a complete assessment of spending efficiency (e.g., program vs. administrative costs) is limited. The consistent filing of IRS Form 990s over 13 periods indicates a commitment to regulatory compliance and basic financial transparency.