Is Young Mens Christian Association Of…

Quick charity verification for Young Mens Christian Association Of Greater Nashua (EIN: 20222250)

Strengths

Consistent revenue growth over the past decade, from $10.4M in 2015 to $17.7M in 2024 (latest filing), indicating strong financial support.
Healthy asset growth, with assets nearly doubling from $16.3M in 2015 to $28.6M in 2024, demonstrating increasing financial capacity.
Generally positive net income (revenue exceeding expenses) in most recent periods, suggesting sound operational management.
Strong financial stability with assets significantly exceeding liabilities ($28.6M assets vs. $12.7M liabilities in 2024).

Spending Breakdown

How Young Mens Christian Association Of Greater Nashua allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

10%

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 Young Mens Christian Association Of Greater Nashua

Is Young Mens Christian Association Of Greater Nashua a legitimate charity?

Based on AI analysis of IRS 990 filings, Young Mens Christian Association Of Greater Nashua (EIN: 20222250) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Young Mens Christian Association Of Greater Nashua a good charity to donate to?

Young Mens Christian Association Of Greater Nashua has a Mission Score of 75/100. Revenue: $28.1M. Assets: $30.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Young Mens Christian Association Of Greater Nashua?

The Employer Identification Number (EIN) for Young Mens Christian Association Of Greater Nashua is 20222250. 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 Young Mens Christian Association Of Greater Nashua spend its money?

Young Mens Christian Association Of Greater Nashua allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Young Mens Christian Association Of Greater Nashua's tax-exempt status?

You can verify Young Mens Christian Association Of Greater Nashua's tax-exempt status using EIN 20222250 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 Young Mens Christian Association Of Greater Nashua demonstrates consistent financial activity, with revenues generally exceeding expenses over the past decade, indicating sound operational management. For instance, in the 202408 period, revenue was $17,799,217 against expenses of $16,993,051, showing a surplus. The organization's assets have also shown steady growth, increasing from $16,388,972 in 201508 to $28,664,467 in 202408, suggesting financial stability and capacity for future programs. 

However, a notable aspect of their transparency is the consistent reporting of 0% for officer compensation across all available filings. While this could indicate that no officers receive compensation, it warrants further investigation to understand the full compensation structure for key management personnel, as it's unusual for an organization of this size (latest revenue $28,072,248) to report zero officer compensation. This lack of detail could be perceived as a transparency gap regarding executive pay. 

Overall, the organization appears financially healthy with growing assets and generally positive net income. Their spending efficiency, without a detailed breakdown of program vs. administrative costs in the provided data, is difficult to fully assess, but the consistent surpluses suggest responsible financial stewardship. The primary area for improved transparency lies in clarifying executive compensation.

Is Young Mens Christian Association Of Greater Nashua Legit?

Verdict: Young Mens Christian Association Of Greater Nashua appears trustworthy

Red Flags