Is Young Mens Christian Association Of Middletown Ny Legit?

Quick charity verification for Young Mens Christian Association Of Middletown Ny (EIN: 141340134)

Verdict: Young Mens Christian Association Of Middletown Ny appears trustworthy

75/100Mission Score

$13.0MRevenue

$19.3MAssets

1Red Flags

5Strengths

Red Flags

Lack of reported officer compensation, which could obscure executive pay practices.

Strengths

Strong revenue growth, nearly tripling from $4,683,715 in 2020 to $12,760,691 in 2023.
Consistent asset growth, reaching $18,860,145 in 2023.
Positive net income in most recent years, indicating financial sustainability.
Resilience demonstrated by significant recovery from 2020 revenue dip.
Healthy asset-to-liability ratio, indicating strong financial solvency.

Spending Breakdown

How Young Mens Christian Association Of Middletown Ny 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 Young Mens Christian Association Of Middletown Ny

Is Young Mens Christian Association Of Middletown Ny a legitimate charity?

Based on AI analysis of IRS 990 filings, Young Mens Christian Association Of Middletown Ny (EIN: 141340134) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 5 strengths noted.

Is Young Mens Christian Association Of Middletown Ny a good charity to donate to?

Young Mens Christian Association Of Middletown Ny has a Mission Score of 75/100. Revenue: $13.0M. Assets: $19.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Young Mens Christian Association Of Middletown Ny?

The Employer Identification Number (EIN) for Young Mens Christian Association Of Middletown Ny is 141340134. 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 Middletown Ny spend its money?

Young Mens Christian Association Of Middletown Ny allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

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

You can verify Young Mens Christian Association Of Middletown Ny's tax-exempt status using EIN 141340134 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 Middletown Ny demonstrates a generally healthy financial trajectory, with recent filings showing strong revenue growth and positive net income. In 2023, the organization reported revenues of $12,760,691 against expenses of $10,364,166, indicating a surplus that contributes to asset growth. Over the past few years, particularly since a dip in 2020, revenue has rebounded significantly, nearly tripling from $4,683,715 in 2020 to $12,760,691 in 2023. This growth suggests effective fundraising and program delivery.

The organization's asset base has also shown consistent growth, reaching $18,860,145 in 2023, up from $16,147,193 in 2020. Liabilities have fluctuated but appear manageable relative to assets. A notable aspect of their financial management is the consistent reporting of 0% officer compensation across all available filings, which is highly unusual for an organization of this size and could indicate that executive compensation is reported under other expense categories or that leadership is entirely volunteer-based, warranting further investigation for full transparency. This lack of reported officer compensation, while potentially positive, also creates a transparency gap regarding how leadership is compensated.

Spending efficiency appears reasonable, with expenses generally staying well below revenue, allowing for reinvestment and asset accumulation. The significant increase in revenue and assets over the last decade, from $6,847,186 in revenue and $8,706,839 in assets in 2014 to current levels, points to sustained operational growth and financial stability. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited. The absence of reported officer compensation is a significant data point that impacts the assessment of transparency.

View Full Transparency Report →

Disclaimer

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