Is Ymca Of Plattsburgh Inc Legit?

Quick charity verification for Ymca Of Plattsburgh Inc (EIN: 141340011)

Verdict: Ymca Of Plattsburgh Inc appears trustworthy

95/100Mission Score
$6.1MRevenue
$5.4MAssets
0Red Flags
4Strengths

No red flags identified.

Strengths

AI Transparency Report

The Ymca Of Plattsburgh Inc demonstrates a strong and improving financial position, particularly in its latest filing period. Revenue significantly increased from $3,679,244 in 2022 to $6,110,005 in 2023, while expenses were well-managed at $3,684,785, resulting in a substantial surplus. This growth has also led to a healthy increase in assets, from $2,931,287 to $5,427,912, indicating robust financial health and capacity for future programming. The organization consistently reports 0% officer compensation across all available filings, which is a notable indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice suggests a volunteer-led or very lean executive structure, which can be highly efficient.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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