Concord Family Ymca
Concord Family YMCA shows consistent revenue and asset growth over a decade, with no reported officer compensation.
EIN: 20223358 · Concord, NH · NTEE: P27Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.8M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $3M |
| Net Assets | $2.7M |
| Transparency Score | 85/100 |
Is Concord Family Ymca Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Concord Family Ymca directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Concord Family Ymca
Concord Family Ymca (EIN: 20223358) is a nonprofit organization based in Concord, NH, classified under NTEE code P27Z. The organization reported total revenue of $3.0M and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Concord Family Ymca's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Concord Family Ymca is a mid-size nonprofit that has been operating for 61 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$177K |
| Total Assets | $4.9M |
| Total Liabilities | $2.2M |
| Net Assets | $2.7M |
| Operating Margin | 5.9% |
| Debt-to-Asset Ratio | 45.3% |
| Months of Reserves | 20.9 months |
Financial Health Grade: A
In 2020, Concord Family Ymca reported a surplus of $177K with revenue exceeding expenses, holds 20.9 months of operating reserves (strong position), has a debt-to-asset ratio of 45.3% (moderate leverage).
Financial Trends
Over 10 years of filings (2011–2020), Concord Family Ymca's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -15.5% | -18.3% | +11.6% |
| 2019 | +7.8% | +0.8% | +2.2% |
| 2018 | +1.5% | +9.0% | +5.3% |
| 2017 | +3.4% | +4.4% | +5.5% |
| 2016 | +3.0% | +2.2% | +9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1965 |
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 Concord Family Ymca 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Concord Family Ymca allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $177K, with revenue exceeding expenses.
- Debt-to-asset ratio: 45.3%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for officer compensation across all ten periods, which is unusual for an organization of this size ($3M+ revenue). This suggests either a fully volunteer executive leadership or that executive compensation is categorized under other expense lines, which could obscure a complete view of leadership costs.
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 Concord Family Ymca's IRS 990 filings:
- Unusually low or zero reported officer compensation, potentially obscuring true leadership costs.
Strengths
The following positive indicators were identified for Concord Family Ymca:
- Consistent revenue generation, generally exceeding expenses.
- Steady growth in assets over the past decade, indicating financial stability.
- Regular and timely filing of IRS Form 990s, demonstrating transparency.
- Positive net income in most years, contributing to reserves and sustainability.
Frequently Asked Questions about Concord Family Ymca
Is Concord Family Ymca a legitimate charity?
Based on AI analysis of IRS 990 filings, Concord Family Ymca (EIN: 20223358) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Concord Family Ymca spend its money?
Concord Family Ymca directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Concord Family Ymca tax-deductible?
Concord Family Ymca is registered as a tax-exempt nonprofit (EIN: 20223358). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Concord Family Ymca CEO make?
Concord Family Ymca's highest-compensated officer earns $3M annually. The organization reported $3.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Concord Family Ymca's spending goes to programs?
Concord Family Ymca directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Concord Family Ymca compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Concord 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 Concord Family Ymca located?
Concord Family Ymca is headquartered in Concord, New Hampshire and files with the IRS under EIN 20223358. It is classified under NTEE code P27Z.
How many years of IRS 990 filings does Concord Family Ymca have?
Concord Family Ymca has 10 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 $3.0M in total revenue.
Is Concord Family YMCA a good charity?
Based on its consistent financial stability, growth in assets, and regular IRS 990 filings, Concord Family YMCA appears to be a well-managed organization. The absence of reported officer compensation is a unique aspect that could be viewed positively for efficiency, but also warrants further inquiry for full transparency.
How has the organization's financial health changed over the past decade?
Concord Family YMCA has demonstrated consistent financial health over the past decade. Revenue has generally remained above expenses, leading to surpluses in most years (e.g., $177,108 surplus in 2020). Assets have grown significantly from $3,170,305 in 2011 to $4,875,131 in 2020, indicating strong financial growth and stability.
What is the trend in liabilities for Concord Family YMCA?
Liabilities have shown an increasing trend over the decade, rising from $1,086,512 in 2011 to $2,207,083 in 2020. While assets have grown faster, this increase in liabilities should be monitored to ensure it remains sustainable relative to the organization's asset base and operational capacity.
Filing History
IRS 990 filing history for Concord Family Ymca showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Concord Family Ymca's revenue has grown by 6.7%, moving from $2.8M to $3.0M. Total assets increased by 53.8% over the same period, from $3.2M to $4.9M. Total functional expenses fell by 1.5%, from $2.8M to $2.8M. In its most recent filing year (2020), Concord Family Ymca reported a surplus of $177K, with revenue exceeding expenses. The organization holds $2.2M in liabilities against $4.9M in assets (debt-to-asset ratio: 45.3%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $3.0M | $2.8M | $4.9M | $2.2M | — | View 990 |
| 2019 | $3.5M | $3.4M | $4.4M | $1.9M | — | View 990 |
| 2018 | $3.3M | $3.4M | $4.3M | $1.9M | — | View 990 |
| 2017 | $3.2M | $3.1M | $4.1M | $1.6M | — | View 990 |
| 2016 | $3.1M | $3.0M | $3.8M | $1.5M | — | View 990 |
| 2015 | $3.0M | $2.9M | $3.5M | $1.4M | — | View 990 |
| 2014 | $2.8M | $2.8M | $3.5M | $1.4M | — | View 990 |
| 2013 | $2.7M | $2.8M | $3.2M | $1.1M | — | View 990 |
| 2012 | $2.7M | $2.6M | $3.1M | $984K | — | View 990 |
| 2011 | $2.8M | $2.8M | $3.2M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $3.0M, expenses of $2.8M, and assets of $4.9M (revenue -15.5% year-over-year).
- 2019: Revenue of $3.5M, expenses of $3.4M, and assets of $4.4M (revenue +7.8% year-over-year).
- 2018: Revenue of $3.3M, expenses of $3.4M, and assets of $4.3M (revenue +1.5% year-over-year).
- 2017: Revenue of $3.2M, expenses of $3.1M, and assets of $4.1M (revenue +3.4% year-over-year).
- 2016: Revenue of $3.1M, expenses of $3.0M, and assets of $3.8M (revenue +3.0% year-over-year).
- 2015: Revenue of $3.0M, expenses of $2.9M, and assets of $3.5M (revenue +7.9% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.8M, and assets of $3.5M (revenue +3.5% year-over-year).
- 2013: Revenue of $2.7M, expenses of $2.8M, and assets of $3.2M (revenue +1.9% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.6M, and assets of $3.1M (revenue -4.7% year-over-year).
- 2011: Revenue of $2.8M, expenses of $2.8M, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Concord Family Ymca:
Data Sources and Methodology
This transparency report for Concord 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.