Bath Area Family Ymca
Bath Area Family YMCA shows strong revenue and asset growth with no reported officer compensation.
EIN: 10211812 · Bath, ME · NTEE: P27Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.1M |
| Total Expenses | $4.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $7.9M |
| Transparency Score | 88/100 |
Is Bath Area Family Ymca Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bath Area Family Ymca directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bath Area Family Ymca
Bath Area Family Ymca (EIN: 10211812) is a nonprofit organization based in Bath, ME, classified under NTEE code P27Z. The organization reported total revenue of $7.1M and total assets of $14.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bath Area Family Ymca's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bath Area Family Ymca is a mid-size nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.7M |
| Total Expenses | $4.2M |
| Surplus / Deficit | +$1.5M |
| Total Assets | $9.6M |
| Total Liabilities | $1.7M |
| Net Assets | $7.9M |
| Operating Margin | 26.1% |
| Debt-to-Asset Ratio | 17.9% |
| Months of Reserves | 27.4 months |
Financial Health Grade: A
In 2022, Bath Area Family Ymca reported a surplus of $1.5M with revenue exceeding expenses, holds 27.4 months of operating reserves (strong position), has a debt-to-asset ratio of 17.9% (very low leverage).
Financial Trends
Over 13 years of filings (2010–2022), Bath Area Family Ymca's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +46.1% | +33.3% | +12.7% |
| 2021 | +33.0% | +8.1% | +10.3% |
| 2020 | -34.9% | -21.9% | -1.0% |
| 2019 | +29.2% | +3.7% | +20.4% |
| 2018 | -2.6% | +5.3% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1942 |
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 Bath Area Family Ymca with a Mission Score of 88 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, Bath Area Family Ymca 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting either a volunteer-led executive team or compensation levels below IRS reporting thresholds, which is highly favorable for a nonprofit of its size with over $7 million in latest revenue.
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.
Strengths
The following positive indicators were identified for Bath Area Family Ymca:
- Significant revenue growth from $2,925,144 in 2020 to $7,074,200 currently.
- Strong asset growth, nearly doubling from $7,717,589 in 2020 to $14,137,403.
- Consistent reporting of 0% officer compensation across all filings, indicating efficient resource allocation.
- Expenses consistently below revenue in recent years (e.g., 2022 revenue $5,682,837 vs. expenses $4,199,932), leading to healthy net asset accumulation.
- Positive net assets and manageable liabilities, indicating financial stability.
Frequently Asked Questions about Bath Area Family Ymca
Is Bath Area Family Ymca a legitimate charity?
Based on AI analysis of IRS 990 filings, Bath Area Family Ymca (EIN: 10211812) appears legitimate. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.
How does Bath Area Family Ymca spend its money?
Bath Area Family Ymca directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bath Area Family Ymca tax-deductible?
Bath Area Family Ymca is registered as a tax-exempt nonprofit (EIN: 10211812). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bath Area Family Ymca CEO make?
Bath Area Family Ymca's highest-compensated officer earns $7 annually. The organization reported $7.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bath Area Family Ymca's spending goes to programs?
Bath Area Family Ymca directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bath Area Family Ymca compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Bath Area Family Ymca is above average for NTEE category P27Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bath Area Family Ymca located?
Bath Area Family Ymca is headquartered in Bath, Maine and files with the IRS under EIN 10211812. It is classified under NTEE code P27Z.
How many years of IRS 990 filings does Bath Area Family Ymca have?
Bath Area Family Ymca 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 $7.1M in total revenue.
Is Bath Area Family YMCA a good charity?
Based on the provided data, Bath Area Family YMCA appears to be a good charity. It demonstrates strong financial growth, increasing assets, and no reported officer compensation, indicating efficient use of funds and a focus on its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved, with revenue growing from $2,925,144 in 2020 to $7,074,200 currently, and assets nearly doubling from $7,717,589 in 2020 to $14,137,403.
What is the trend in the organization's assets?
The organization's assets show a strong upward trend, growing consistently from $5,687,858 in 2014 to $14,137,403 in the latest period, indicating successful financial management and growth.
Filing History
IRS 990 filing history for Bath Area Family Ymca showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), Bath Area Family Ymca's revenue has grown by 134.2%, moving from $2.4M to $5.7M. Total assets increased by 56.3% over the same period, from $6.1M to $9.6M. Total functional expenses rose by 68.8%, from $2.5M to $4.2M. In its most recent filing year (2022), Bath Area Family Ymca reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $9.6M in assets (debt-to-asset ratio: 17.9%), resulting in net assets of $7.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $5.7M | $4.2M | $9.6M | $1.7M | — | — |
| 2021 | $3.9M | $3.2M | $8.5M | $2.1M | — | View 990 |
| 2020 | $2.9M | $2.9M | $7.7M | $2.0M | — | — |
| 2019 | $4.5M | $3.7M | $7.8M | $2.1M | — | View 990 |
| 2018 | $3.5M | $3.6M | $6.5M | $1.7M | — | View 990 |
| 2017 | $3.6M | $3.4M | $6.5M | $1.8M | — | View 990 |
| 2016 | $3.6M | $3.4M | $6.4M | $1.9M | — | View 990 |
| 2015 | $2.7M | $2.7M | $6.2M | $1.7M | — | View 990 |
| 2014 | $2.5M | $2.5M | $5.7M | $1.2M | — | View 990 |
| 2013 | $2.3M | $2.6M | $5.7M | $1.2M | — | View 990 |
| 2012 | $2.4M | $2.5M | $5.9M | $1.1M | — | View 990 |
| 2011 | $2.3M | $2.4M | $6.0M | $1.2M | — | View 990 |
| 2010 | $2.4M | $2.5M | $6.1M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $5.7M, expenses of $4.2M, and assets of $9.6M (revenue +46.1% year-over-year).
- 2021: Revenue of $3.9M, expenses of $3.2M, and assets of $8.5M (revenue +33.0% year-over-year).
- 2020: Revenue of $2.9M, expenses of $2.9M, and assets of $7.7M (revenue -34.9% year-over-year).
- 2019: Revenue of $4.5M, expenses of $3.7M, and assets of $7.8M (revenue +29.2% year-over-year).
- 2018: Revenue of $3.5M, expenses of $3.6M, and assets of $6.5M (revenue -2.6% year-over-year).
- 2017: Revenue of $3.6M, expenses of $3.4M, and assets of $6.5M (revenue -0.3% year-over-year).
- 2016: Revenue of $3.6M, expenses of $3.4M, and assets of $6.4M (revenue +31.7% year-over-year).
- 2015: Revenue of $2.7M, expenses of $2.7M, and assets of $6.2M (revenue +10.1% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.5M, and assets of $5.7M (revenue +5.3% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.6M, and assets of $5.7M (revenue -2.4% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.5M, and assets of $5.9M (revenue +6.1% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.4M, and assets of $6.0M (revenue -6.6% year-over-year).
- 2010: Revenue of $2.4M, expenses of $2.5M, and assets of $6.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bath Area Family Ymca:
Data Sources and Methodology
This transparency report for Bath Area Family Ymca 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.