Alexandria Area Young Mens Christian Association
Alexandria Area YMCA shows consistent revenue growth and decreasing liabilities, with no reported officer compensation.
EIN: 202231427 · Alexandria, MN · NTEE: P27 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.1M |
| Total Expenses | $4.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $8.3M |
| Transparency Score | 85/100 |
Is Alexandria Area Young Mens Christian Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alexandria Area Young Mens Christian Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alexandria Area Young Mens Christian Association
Alexandria Area Young Mens Christian Association (EIN: 202231427) is a nonprofit organization based in Alexandria, MN, classified under NTEE code P27. The organization reported total revenue of $6.1M and total assets of $11.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alexandria Area Young Mens Christian Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alexandria Area Young Mens Christian Association is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.2M |
| Total Expenses | $4.0M |
| Surplus / Deficit | +$140K |
| Total Assets | $9.2M |
| Total Liabilities | $857K |
| Net Assets | $8.3M |
| Operating Margin | 3.3% |
| Debt-to-Asset Ratio | 9.3% |
| Months of Reserves | 27.2 months |
Financial Health Grade: A
In 2023, Alexandria Area Young Mens Christian Association reported a surplus of $140K with revenue exceeding expenses, holds 27.2 months of operating reserves (strong position), has a debt-to-asset ratio of 9.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Alexandria Area Young Mens Christian Association's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.5% | +12.5% | -0.9% |
| 2022 | +25.7% | +15.8% | +0.8% |
| 2021 | -0.6% | +15.0% | -2.7% |
| 2020 | -4.5% | -8.2% | +3.0% |
| 2019 | +13.1% | +2.7% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alexandria Area Young Mens Christian Association with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Alexandria Area Young Mens Christian Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $140K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with over $4 million in annual revenue and $9 million in assets. This suggests that executive compensation may be categorized differently or that the leadership is entirely volunteer-based, requiring further clarification for complete transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Alexandria Area Young Mens Christian Association's IRS 990 filings:
- Consistent 0% officer compensation reported, which may obscure actual executive remuneration if categorized elsewhere.
Strengths
The following positive indicators were identified for Alexandria Area Young Mens Christian Association:
- Consistent revenue growth, increasing from $2,952,089 in 2020 to $4,187,347 in 2023.
- Decreasing liabilities, from $1,825,673 in 2014 to $856,569 in 2023, indicating improved financial health.
- Healthy asset base, consistently above $9 million, with $9,180,361 in 2023.
- Positive net income in recent years, such as a $139,818 surplus in 2023 ($4,187,347 revenue - $4,047,529 expenses).
Frequently Asked Questions about Alexandria Area Young Mens Christian Association
Is Alexandria Area Young Mens Christian Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Alexandria Area Young Mens Christian Association (EIN: 202231427) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Alexandria Area Young Mens Christian Association spend its money?
Alexandria Area Young Mens Christian Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alexandria Area Young Mens Christian Association tax-deductible?
Alexandria Area Young Mens Christian Association is registered as a tax-exempt nonprofit (EIN: 202231427). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Alexandria Area Young Mens Christian Association CEO make?
Alexandria Area Young Mens Christian Association's highest-compensated officer earns $4 annually. The organization reported $6.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Alexandria Area Young Mens Christian Association's spending goes to programs?
Alexandria Area Young Mens Christian Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Alexandria Area Young Mens Christian Association compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Alexandria Area Young Mens Christian Association is above average for NTEE category P27 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Alexandria Area Young Mens Christian Association located?
Alexandria Area Young Mens Christian Association is headquartered in Alexandria, Minnesota and files with the IRS under EIN 202231427. It is classified under NTEE code P27.
How many years of IRS 990 filings does Alexandria Area Young Mens Christian Association have?
Alexandria Area Young Mens Christian Association has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $6.1M in total revenue.
Is Alexandria Area Young Mens Christian Association a good charity?
Based on the available data, the Alexandria Area YMCA appears to be a financially stable organization with consistent revenue growth and decreasing liabilities. Its mission score of 85 reflects its strong financial health and apparent program focus, though the lack of reported officer compensation warrants further inquiry.
How has the organization's revenue trended over the last five years?
The organization has shown strong revenue growth over the last five years, increasing from $2,952,089 in 2020 to $4,187,347 in 2023, indicating a positive financial trajectory.
What is the organization's asset-to-liability ratio?
In 2023, the organization had assets of $9,180,361 and liabilities of $856,569, resulting in an asset-to-liability ratio of approximately 10.7:1, which is a very healthy ratio indicating strong financial solvency.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this scale. It suggests either a fully volunteer executive team or that compensation is reported under other expense categories, which would require a deeper dive into the full IRS 990 forms for clarity.
Filing History
IRS 990 filing history for Alexandria Area Young Mens Christian Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Alexandria Area Young Mens Christian Association's revenue has grown by 113.6%, moving from $2.0M to $4.2M. Total assets decreased by 18% over the same period, from $11.2M to $9.2M. Total functional expenses rose by 93.5%, from $2.1M to $4.0M. In its most recent filing year (2023), Alexandria Area Young Mens Christian Association reported a surplus of $140K, with revenue exceeding expenses. The organization holds $857K in liabilities against $9.2M in assets (debt-to-asset ratio: 9.3%), resulting in net assets of $8.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.2M | $4.0M | $9.2M | $857K | — | — |
| 2022 | $3.7M | $3.6M | $9.3M | $1.1M | — | View 990 |
| 2021 | $2.9M | $3.1M | $9.2M | $1.1M | — | View 990 |
| 2020 | $3.0M | $2.7M | $9.4M | $1.2M | — | View 990 |
| 2019 | $3.1M | $2.9M | $9.2M | $1.2M | — | View 990 |
| 2018 | $2.7M | $2.9M | $9.2M | $1.3M | — | View 990 |
| 2017 | $2.4M | $2.5M | $9.5M | $1.5M | — | View 990 |
| 2016 | $2.3M | $2.5M | $9.8M | $1.6M | — | View 990 |
| 2015 | $2.3M | $3.2M | $10.0M | $1.5M | — | View 990 |
| 2014 | $2.4M | $2.1M | $11.2M | $1.8M | — | View 990 |
| 2013 | $2.4M | $2.3M | $11.1M | $2.0M | — | View 990 |
| 2012 | $3.0M | $2.2M | $11.4M | $2.2M | — | View 990 |
| 2011 | $2.0M | $2.1M | $11.2M | $2.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.2M, expenses of $4.0M, and assets of $9.2M (revenue +13.5% year-over-year).
- 2022: Revenue of $3.7M, expenses of $3.6M, and assets of $9.3M (revenue +25.7% year-over-year).
- 2021: Revenue of $2.9M, expenses of $3.1M, and assets of $9.2M (revenue -0.6% year-over-year).
- 2020: Revenue of $3.0M, expenses of $2.7M, and assets of $9.4M (revenue -4.5% year-over-year).
- 2019: Revenue of $3.1M, expenses of $2.9M, and assets of $9.2M (revenue +13.1% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.9M, and assets of $9.2M (revenue +16.3% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.5M, and assets of $9.5M (revenue +4.1% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.5M, and assets of $9.8M (revenue -1.4% year-over-year).
- 2015: Revenue of $2.3M, expenses of $3.2M, and assets of $10.0M (revenue -3.1% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.1M, and assets of $11.2M (revenue +0.4% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.3M, and assets of $11.1M (revenue -21.2% year-over-year).
- 2012: Revenue of $3.0M, expenses of $2.2M, and assets of $11.4M (revenue +52.3% year-over-year).
- 2011: Revenue of $2.0M, expenses of $2.1M, and assets of $11.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alexandria Area Young Mens Christian Association:
Data Sources and Methodology
This transparency report for Alexandria Area Young Mens Christian Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.