Down East Family Ymca
Down East Family YMCA experiences recent operational deficits despite consistent revenue growth and no reported officer compensation.
EIN: 10412269 · Ellsworth, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.8M |
| Total Expenses | $5.2M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $2.2M |
| Transparency Score | 75/100 |
Is Down East Family Ymca Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Down East Family Ymca directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Down East Family Ymca
Down East Family Ymca (EIN: 10412269) is a nonprofit organization based in Ellsworth, ME. The organization reported total revenue of $5.8M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Down East Family Ymca's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Down East Family Ymca is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.1M |
| Total Expenses | $5.2M |
| Surplus / Deficit | $-74,633 |
| Total Assets | $3.3M |
| Total Liabilities | $1.0M |
| Net Assets | $2.2M |
| Operating Margin | -1.5% |
| Debt-to-Asset Ratio | 31.7% |
| Months of Reserves | 7.5 months |
Financial Health Grade: B
In 2023, Down East Family Ymca reported a deficit of $75K with expenses exceeding revenue, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 31.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Down East Family Ymca's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.1% | +6.4% | +16.9% |
| 2022 | -17.8% | +7.4% | -15.1% |
| 2021 | +27.5% | +20.3% | +12.0% |
| 2020 | -0.7% | -11.1% | +35.4% |
| 2019 | +5.4% | +4.3% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Down East Family Ymca 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: 80%
- fundraising: 10%
According to IRS 990 filings, Down East Family Ymca allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 deficit of $75K, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation directly from the organization, which is a strong positive for transparency and efficient use of funds relative to its size and revenue of over $5 million.
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 Down East Family Ymca's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., $74,633 in 2023, $508,234 in 2022).
- Significant increase in liabilities from $443,129 in 2022 to $1,031,932 in 2023.
Strengths
The following positive indicators were identified for Down East Family Ymca:
- No reported officer compensation across all filings, indicating excellent transparency and efficient use of funds.
- Consistent revenue growth over the past decade, from $2.3M in 2014 to over $5.1M in 2023, demonstrating strong community support.
- Healthy asset base of $3,260,111 in 2023, providing financial stability.
Frequently Asked Questions about Down East Family Ymca
Is Down East Family Ymca a legitimate charity?
Down East Family Ymca (EIN: 10412269) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.8M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Down East Family Ymca spend its money?
Down East Family Ymca directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Down East Family Ymca tax-deductible?
Down East Family Ymca is registered as a tax-exempt nonprofit (EIN: 10412269). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Down East Family Ymca CEO make?
Down East Family Ymca's highest-compensated officer earns $5 annually. The organization reported $5.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Down East Family Ymca's spending goes to programs?
Down East Family Ymca directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Down East Family Ymca located?
Down East Family Ymca is headquartered in Ellsworth, Maine and files with the IRS under EIN 10412269.
How many years of IRS 990 filings does Down East Family Ymca have?
Down East 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 $5.8M in total revenue.
Is Down East Family YMCA financially sustainable given recent deficits?
The organization has experienced operational deficits in 2023 ($74,633) and 2022 ($508,234). While assets remain strong at $3,260,111 in 2023, this trend, coupled with increasing liabilities, warrants monitoring for long-term sustainability.
Why have liabilities increased significantly in 2023?
Liabilities increased from $443,129 in 2022 to $1,031,932 in 2023. Without further detail from the 990, the specific reasons for this substantial increase are unclear and could include new debt, deferred revenue, or other obligations.
What is the organization's program spending ratio?
The provided data does not offer a detailed breakdown of program, administrative, and fundraising expenses, making it impossible to calculate an exact program spending ratio. However, the general assessment assumes a healthy program focus.
Filing History
IRS 990 filing history for Down East Family Ymca showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Down East Family Ymca's revenue has grown by 50.6%, moving from $3.4M to $5.1M. Total assets increased by 11.7% over the same period, from $2.9M to $3.3M. Total functional expenses rose by 131.9%, from $2.2M to $5.2M. In its most recent filing year (2023), Down East Family Ymca reported a deficit of $75K, with expenses exceeding revenue. The organization holds $1.0M in liabilities against $3.3M in assets (debt-to-asset ratio: 31.7%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.1M | $5.2M | $3.3M | $1.0M | — | View 990 |
| 2022 | $4.4M | $4.9M | $2.8M | $443K | — | View 990 |
| 2021 | $5.3M | $4.5M | $3.3M | $382K | — | View 990 |
| 2020 | $4.2M | $3.8M | $2.9M | $803K | — | View 990 |
| 2019 | $4.2M | $4.2M | $2.2M | $441K | — | View 990 |
| 2018 | $4.0M | $4.1M | $2.2M | $428K | — | View 990 |
| 2017 | $3.5M | $3.6M | $2.3M | $412K | — | View 990 |
| 2016 | $3.1M | $3.2M | $2.4M | $281K | — | View 990 |
| 2015 | $2.9M | $2.9M | $2.5M | $307K | — | View 990 |
| 2014 | $2.4M | $2.4M | $2.5M | $355K | — | View 990 |
| 2013 | $2.2M | $2.4M | $2.7M | $501K | — | View 990 |
| 2012 | $2.4M | $2.3M | $3.0M | $630K | — | View 990 |
| 2011 | $3.4M | $2.2M | $2.9M | $631K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.1M, expenses of $5.2M, and assets of $3.3M (revenue +17.1% year-over-year).
- 2022: Revenue of $4.4M, expenses of $4.9M, and assets of $2.8M (revenue -17.8% year-over-year).
- 2021: Revenue of $5.3M, expenses of $4.5M, and assets of $3.3M (revenue +27.5% year-over-year).
- 2020: Revenue of $4.2M, expenses of $3.8M, and assets of $2.9M (revenue -0.7% year-over-year).
- 2019: Revenue of $4.2M, expenses of $4.2M, and assets of $2.2M (revenue +5.4% year-over-year).
- 2018: Revenue of $4.0M, expenses of $4.1M, and assets of $2.2M (revenue +15.0% year-over-year).
- 2017: Revenue of $3.5M, expenses of $3.6M, and assets of $2.3M (revenue +10.6% year-over-year).
- 2016: Revenue of $3.1M, expenses of $3.2M, and assets of $2.4M (revenue +8.9% year-over-year).
- 2015: Revenue of $2.9M, expenses of $2.9M, and assets of $2.5M (revenue +21.3% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.4M, and assets of $2.5M (revenue +6.0% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.4M, and assets of $2.7M (revenue -6.2% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.3M, and assets of $3.0M (revenue -29.9% year-over-year).
- 2011: Revenue of $3.4M, expenses of $2.2M, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Down East Family Ymca:
Data Sources and Methodology
This transparency report for Down East 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.