Central Lincoln County Young Mens Christian Association
Central Lincoln County YMCA: Steady Finances, Program Focus
EIN: 222978129 · Damariscotta, ME · NTEE: P27Z · Updated: 2026-04-04
Is Central Lincoln County Young Mens Christian Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Central Lincoln County Young Mens Christian Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Central Lincoln County Young Mens Christian Association
Central Lincoln County Young Mens Christian Association (EIN: 222978129) is a nonprofit organization based in Damariscotta, ME, classified under NTEE code P27Z. The organization reported total revenue of $4.5M and total assets of $10.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Lincoln County Young Mens Christian Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Central Lincoln County Young Mens Christian Association with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Central Lincoln County 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.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided financial data, as the 'c0%' indicates no compensation reported for the highest paid employees in the available filings.
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 Central Lincoln County Young Mens Christian Association:
- Consistent revenue generation over several years, with recent growth to $3,282,740 in 2023.
- Strong asset base of over $10 million, indicating financial stability.
- Low liability-to-asset ratio, suggesting good financial health.
- Consistent program spending, demonstrating a focus on mission delivery.
- Positive net assets growth over the past few years.
Frequently Asked Questions about Central Lincoln County Young Mens Christian Association
Is Central Lincoln County Young Mens Christian Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Central Lincoln County Young Mens Christian Association (EIN: 222978129) appears legitimate. Mission Score: 75/100. 0 red flags identified, 5 strengths noted.
How does Central Lincoln County Young Mens Christian Association spend its money?
Central Lincoln County Young Mens Christian Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Central Lincoln County Young Mens Christian Association tax-deductible?
Central Lincoln County Young Mens Christian Association is registered as a tax-exempt nonprofit (EIN: 222978129). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Central Lincoln County Young Mens Christian Association do?
Central Lincoln County Young Mens Christian Association is a nonprofit organization in the Human Services sector, located in Damariscotta, Maine. It is classified under NTEE code P27Z.
How much revenue does Central Lincoln County Young Mens Christian Association have?
Central Lincoln County Young Mens Christian Association reported total revenue of $4,523,490. Based on 13 IRS 990 filings on record.
What are Central Lincoln County Young Mens Christian Association's total assets?
Central Lincoln County Young Mens Christian Association holds total assets of $10,106,163 as reported in IRS 990 filings.
Where is Central Lincoln County Young Mens Christian Association located?
Central Lincoln County Young Mens Christian Association is based in Damariscotta, Maine.
What is Central Lincoln County Young Mens Christian Association's EIN?
Central Lincoln County Young Mens Christian Association's Employer Identification Number (EIN) is 222978129. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Central Lincoln County Young Mens Christian Association?
Central Lincoln County Young Mens Christian Association is classified under NTEE code P27Z (Human Services).
Is Central Lincoln County Young Mens Christian Association a registered 501(c)(3)?
Yes, Central Lincoln County Young Mens Christian Association is recognized as a tax-exempt organization by the IRS. EIN: 222978129.
Does Central Lincoln County Young Mens Christian Association file IRS Form 990?
Yes, Central Lincoln County Young Mens Christian Association has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Central Lincoln County Young Mens Christian Association's revenue in 2023?
In the 202312 filing period, Central Lincoln County Young Mens Christian Association reported total revenue of $3,282,740, total expenses of $3,339,791, and net assets of $10,345,231.
Is Central Lincoln County Young Mens Christian Association's revenue growing or declining?
Central Lincoln County Young Mens Christian Association's revenue is growing. Revenue went from $2,944,266 (202212) to $3,282,740 (202312), a +11.5% change. Based on 13 filings on record.
What is Central Lincoln County Young Mens Christian Association's most recent 990 filing?
The most recent IRS Form 990 filing for Central Lincoln County Young Mens Christian Association covers tax period 202312. It shows revenue of $3,282,740, expenses of $3,339,791, total assets of $10,345,231, and liabilities of $2,772,743.
How much does Central Lincoln County Young Mens Christian Association spend on programs vs administration?
Based on IRS 990 analysis, Central Lincoln County Young Mens Christian Association allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Central Lincoln County Young Mens Christian Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Central Lincoln County Young Mens Christian Association appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 5 strengths noted.
What are Central Lincoln County Young Mens Christian Association's strengths?
Positive indicators for Central Lincoln County Young Mens Christian Association include: Consistent revenue generation over several years, with recent growth to $3,282,740 in 2023.. Strong asset base of over $10 million, indicating financial stability.. Low liability-to-asset ratio, suggesting good financial health.. Consistent program spending, demonstrating a focus on mission delivery.. Positive net assets growth over the past few years.. These findings are derived from AI analysis of the organization's financial filings.
How does Central Lincoln County Young Mens Christian Association compensate executives?
Executive compensation is not explicitly detailed in the provided financial data, as the 'c0%' indicates no compensation reported for the highest paid employees in the available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Central Lincoln County Young Mens Christian Association?
- The organization consistently files its Form 990, providing financial transparency. - Detailed breakdowns of program service accomplishments are available in their public filings. - The organization's commitment to community benefit is evident through its consistent program spending. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the 'c0%' for compensation, how does the YMCA manage its executive leadership, and what are the implications for its operational structure?
The 'c0%' for compensation suggests that either the highest-paid employees' compensation falls below the reporting threshold for Form 990, or their compensation is covered by a different reporting mechanism not reflected in this data. This could imply a lean administrative structure or reliance on volunteers for key leadership roles, potentially impacting long-term leadership stability or the ability to attract top talent.
What factors contribute to the fluctuation in total expenses, such as the increase from $2,666,344 in 2021 to $3,339,791 in 2023, and how does this align with revenue trends?
The increase in expenses from $2,666,344 in 2021 to $3,339,791 in 2023, alongside a revenue increase from $3,466,942 to $3,282,740 in the same period, suggests an expansion of programs or services. While revenue slightly decreased in 2023 compared to 2021, the increased expenses indicate continued investment in operations, potentially leading to a smaller surplus or a deficit in that specific year, which warrants further investigation into specific program growth areas.
Filing History
IRS 990 filing history for Central Lincoln County Young Mens Christian Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Central Lincoln County Young Mens Christian Association's revenue has grown by 118.7%, moving from $1.5M to $3.3M. Total assets increased by 325.8% over the same period, from $2.4M to $10.3M. Total functional expenses rose by 175.2%, from $1.2M to $3.3M. In its most recent filing year (2023), Central Lincoln County Young Mens Christian Association reported a deficit of $57K, with expenses exceeding revenue. The organization holds $2.8M in liabilities against $10.3M in assets (debt-to-asset ratio: 26.8%), resulting in net assets of $7.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $3.3M | $10.3M | $2.8M | — | — |
| 2022 | $2.9M | $3.0M | $10.3M | $2.8M | — | — |
| 2021 | $3.5M | $2.7M | $10.6M | $2.8M | — | View 990 |
| 2020 | $2.1M | $2.3M | $10.1M | $3.1M | — | — |
| 2019 | $2.3M | $2.5M | $10.1M | $3.0M | — | View 990 |
| 2018 | $3.0M | $2.2M | $10.0M | $2.8M | — | View 990 |
| 2017 | $2.7M | $1.7M | $7.7M | $1.2M | — | View 990 |
| 2016 | $2.7M | $1.6M | $6.3M | $795K | — | View 990 |
| 2015 | $3.4M | $1.6M | $5.0M | $781K | — | View 990 |
| 2014 | $1.7M | $1.4M | $3.4M | $797K | — | View 990 |
| 2013 | $1.6M | $1.3M | $3.1M | $792K | — | View 990 |
| 2012 | $1.6M | $1.2M | $2.8M | $810K | — | View 990 |
| 2011 | $1.5M | $1.2M | $2.4M | $824K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $3.3M, and assets of $10.3M (revenue +11.5% year-over-year).
- 2022: Revenue of $2.9M, expenses of $3.0M, and assets of $10.3M (revenue -15.1% year-over-year).
- 2021: Revenue of $3.5M, expenses of $2.7M, and assets of $10.6M (revenue +62.4% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.3M, and assets of $10.1M (revenue -6.8% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.5M, and assets of $10.1M (revenue -22.9% year-over-year).
- 2018: Revenue of $3.0M, expenses of $2.2M, and assets of $10.0M (revenue +10.4% year-over-year).
- 2017: Revenue of $2.7M, expenses of $1.7M, and assets of $7.7M (revenue -2.2% year-over-year).
- 2016: Revenue of $2.7M, expenses of $1.6M, and assets of $6.3M (revenue -18.0% year-over-year).
- 2015: Revenue of $3.4M, expenses of $1.6M, and assets of $5.0M (revenue +102.2% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.4M, and assets of $3.4M (revenue +1.0% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.3M, and assets of $3.1M (revenue +1.7% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.2M, and assets of $2.8M (revenue +7.5% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.2M, and assets of $2.4M.
Data Sources and Methodology
This transparency report for Central Lincoln County 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.