AI Transparency Report
The Young Mens Christian Association Inc in New Rochelle, NY, demonstrates a fluctuating financial picture over the past decade. While the organization experienced significant revenue growth in its latest filing period (202312) to $3,986,110, up from $2,541,218 in 202212, it has historically operated with expenses often exceeding revenue, as seen in periods like 202212 ($2,792,987 expenses vs. $2,541,218 revenue) and 202112 ($2,446,319 expenses vs. $2,276,200 revenue). This trend suggests a reliance on prior reserves or other funding sources to cover operational costs in some years. However, the most recent filing shows a positive net income of approximately $453,187 ($3,986,110 revenue - $3,532,923 expenses), which is a strong improvement.
The organization's assets have also shown variability, peaking at $3,661,175 in 201612 and currently standing at $2,803,136 in 202312. Liabilities have remained relatively stable, hovering around $1 million. A notable aspect of their financial reporting is the consistent 0% officer compensation across all available filings, which could indicate a volunteer-led executive structure or that compensation is reported differently, warranting further investigation for full transparency. The lack of specific program, administrative, and fundraising expense breakdowns in the provided data limits a detailed assessment of spending efficiency.