Binghamton Broome County Y M C A

Binghamton Broome County Y M C A faces consistent operational deficits despite substantial assets.

EIN: 150532282 · Binghamton, NY · NTEE: P27Z · Updated: 2026-03-28

$3.1MRevenue

$3.5MAssets

65/100Mission Score (Good)

P27Z

About Binghamton Broome County Y M C A

Binghamton Broome County Y M C A (EIN: 150532282) is a nonprofit organization based in Binghamton, NY, classified under NTEE code P27Z. The organization reported total revenue of $3.1M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Binghamton Broome County Y M C A's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Binghamton Broome County Y M C A has experienced fluctuating financial health over the past decade. While revenue has generally been in the $3-4 million range, the organization has frequently reported expenses exceeding revenue, leading to net losses in several years, including $534,531 in 2023 and $638,910 in 2022. This consistent deficit spending raises concerns about long-term sustainability, despite a strong asset base relative to liabilities in some periods.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent operational deficits suggest that current revenue streams are not adequately covering operational costs. The organization's transparency regarding executive compensation is high, with 0% reported for officer compensation across all available filings, which is unusual for an organization of this size and may indicate that key leadership roles are compensated through other means or that the reporting structure is unique.

Overall, while the organization maintains a significant asset base, the pattern of spending more than it earns is a critical area for improvement. A deeper dive into expense categories would be necessary to fully evaluate spending efficiency and program impact. The lack of reported officer compensation is a notable point regarding transparency, requiring further investigation to understand the full compensation structure for leadership.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Binghamton Broome County Y M C A with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 75%
fundraising: 10%

According to IRS 990 filings, Binghamton Broome County Y M C A allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with annual revenues exceeding $3 million and suggests that executive compensation may be reported under different categories or that the leadership structure relies heavily on volunteerism or other non-officer compensation methods.

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 Binghamton Broome County Y M C A's IRS 990 filings:

Consistent operational deficits (e.g., $534,531 in 2023, $638,910 in 2022)
Unusually low (0%) reported officer compensation across all filings, potentially obscuring true leadership compensation.
Declining asset base in recent years (e.g., from $4,673,293 in 2021 to $3,622,065 in 2023).

Strengths

The following positive indicators were identified for Binghamton Broome County Y M C A:

Maintains a significant asset base, with assets of $3,622,065 in 2023.
Long history of IRS 990 filings (13 filings), indicating consistent reporting.

Frequently Asked Questions about Binghamton Broome County Y M C A

Why does the organization consistently report 0% officer compensation?

The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size and revenue. It suggests that executive compensation might be categorized differently, paid through a related entity, or that the organization relies heavily on volunteer leadership, which warrants further investigation to understand the full compensation structure.

What is the plan to address the recurring operational deficits?

The organization has reported expenses exceeding revenue in multiple years, including a $534,531 deficit in 2023 and $638,910 in 2022. Addressing these recurring operational deficits is crucial for long-term financial stability and sustainability.

How are program, administrative, and fundraising expenses allocated?

Without a detailed breakdown of expenses, it's challenging to assess the efficiency of spending across programs, administration, and fundraising. Understanding these allocations is key to evaluating the organization's operational effectiveness.

Filing History

IRS 990 filing history for Binghamton Broome County Y M C A showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Binghamton Broome County Y M C A's revenue has declined by 49.8%, moving from $5.9M to $2.9M. Total assets decreased by 53.3% over the same period, from $7.8M to $3.6M. Total functional expenses fell by 22.5%, from $4.5M to $3.5M. In its most recent filing year (2023), Binghamton Broome County Y M C A reported a deficit of $535K, with expenses exceeding revenue. The organization holds $2.5M in liabilities against $3.6M in assets (debt-to-asset ratio: 67.8%), resulting in net assets of $1.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.9M	$3.5M	$3.6M	$2.5M	—	—
2022	$3.0M	$3.6M	$4.1M	$2.5M	—	View 990
2021	$4.4M	$3.1M	$4.7M	$2.4M	—	View 990
2020	$2.8M	$3.0M	$3.8M	$2.9M	—	—
2019	$3.9M	$3.9M	$3.6M	$2.4M	—	View 990
2018	$3.5M	$4.0M	$3.5M	$2.5M	—	View 990
2017	$3.7M	$4.6M	$4.2M	$2.7M	—	—
2016	$3.9M	$4.2M	$4.7M	$2.8M	—	View 990
2015	$4.4M	$4.2M	$5.2M	$3.0M	—	View 990
2014	$3.7M	$4.3M	$5.2M	$3.3M	—	View 990
2013	$3.7M	$4.1M	$6.0M	$3.5M	—	View 990
2012	$3.9M	$4.7M	$6.3M	$3.5M	—	View 990
2011	$5.9M	$4.5M	$7.8M	$4.2M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.9M, expenses of $3.5M, and assets of $3.6M (revenue -2.0% year-over-year).
2022: Revenue of $3.0M, expenses of $3.6M, and assets of $4.1M (revenue -31.9% year-over-year).
2021: Revenue of $4.4M, expenses of $3.1M, and assets of $4.7M (revenue +58.4% year-over-year).
2020: Revenue of $2.8M, expenses of $3.0M, and assets of $3.8M (revenue -28.0% year-over-year).
2019: Revenue of $3.9M, expenses of $3.9M, and assets of $3.6M (revenue +11.1% year-over-year).
2018: Revenue of $3.5M, expenses of $4.0M, and assets of $3.5M (revenue -7.0% year-over-year).
2017: Revenue of $3.7M, expenses of $4.6M, and assets of $4.2M (revenue -3.4% year-over-year).
2016: Revenue of $3.9M, expenses of $4.2M, and assets of $4.7M (revenue -12.4% year-over-year).
2015: Revenue of $4.4M, expenses of $4.2M, and assets of $5.2M (revenue +19.3% year-over-year).
2014: Revenue of $3.7M, expenses of $4.3M, and assets of $5.2M (revenue -0.8% year-over-year).
2013: Revenue of $3.7M, expenses of $4.1M, and assets of $6.0M (revenue -3.9% year-over-year).
2012: Revenue of $3.9M, expenses of $4.7M, and assets of $6.3M (revenue -33.8% year-over-year).
2011: Revenue of $5.9M, expenses of $4.5M, and assets of $7.8M.

Data Sources and Methodology

This transparency report for Binghamton Broome County Y M C A 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.