Mt Desert Island Ymca
Mt Desert Island YMCA maintains stable finances with no reported officer compensation, demonstrating strong fiscal responsibility.
EIN: 10211486 · Bar Harbor, ME · NTEE: P270 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $1.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.8 |
| Net Assets | $5.1M |
| Transparency Score | 92/100 |
Is Mt Desert Island Ymca Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mt Desert Island Ymca directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mt Desert Island Ymca
Mt Desert Island Ymca (EIN: 10211486) is a nonprofit organization based in Bar Harbor, ME, classified under NTEE code P270. The organization reported total revenue of $2.4M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mt Desert Island Ymca's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mt Desert Island Ymca is a mid-size nonprofit that has been operating for 51 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-27,750 |
| Total Assets | $5.3M |
| Total Liabilities | $198K |
| Net Assets | $5.1M |
| Operating Margin | -1.5% |
| Debt-to-Asset Ratio | 3.7% |
| Months of Reserves | 34.4 months |
Financial Health Grade: B
In 2023, Mt Desert Island Ymca reported a deficit of $28K with expenses exceeding revenue, holds 34.4 months of operating reserves (strong position), has a debt-to-asset ratio of 3.7% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Mt Desert Island Ymca's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.6% | +13.7% | +4.5% |
| 2022 | -28.7% | +10.8% | -7.0% |
| 2021 | +56.5% | +2.3% | +10.4% |
| 2020 | +11.2% | -4.9% | +13.2% |
| 2019 | -17.2% | -0.2% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1975 |
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 Mt Desert Island Ymca with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Mt Desert Island Ymca allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $28K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.7%.
Executive Compensation Analysis
No officer compensation has been reported in any of the 14 provided IRS 990 filings, which is highly unusual for an organization with annual revenues exceeding $1.8 million and assets over $5 million. This indicates either a fully volunteer leadership structure or compensation levels below the IRS reporting threshold, reflecting exceptional efficiency in 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.
Strengths
The following positive indicators were identified for Mt Desert Island Ymca:
- No reported officer compensation across all 14 filings, indicating exceptional efficiency in leadership costs.
- Consistent growth in assets, from $4,051,909 in 2015 to $5,654,426 currently, demonstrating financial stability.
- Generally balanced budgets, with expenses often below or close to revenue, indicating sound financial management.
- Long history of IRS 990 filings (14 filings), demonstrating commitment to transparency and accountability.
Frequently Asked Questions about Mt Desert Island Ymca
Is Mt Desert Island Ymca a legitimate charity?
Mt Desert Island Ymca (EIN: 10211486) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.4M. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Mt Desert Island Ymca spend its money?
Mt Desert Island Ymca directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Mt Desert Island Ymca tax-deductible?
Mt Desert Island Ymca is registered as a tax-exempt nonprofit (EIN: 10211486). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mt Desert Island Ymca CEO make?
Mt Desert Island Ymca's highest-compensated officer earns $1.8 annually. The organization reported $2.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mt Desert Island Ymca's spending goes to programs?
Mt Desert Island Ymca directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mt Desert Island Ymca compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Mt Desert Island Ymca is above average for NTEE category P270 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mt Desert Island Ymca located?
Mt Desert Island Ymca is headquartered in Bar Harbor, Maine and files with the IRS under EIN 10211486. It is classified under NTEE code P270.
How many years of IRS 990 filings does Mt Desert Island Ymca have?
Mt Desert Island Ymca has 14 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 $2.4M in total revenue.
Is Mt Desert Island YMCA a good charity?
Based on the available financial data, Mt Desert Island YMCA appears to be a very good charity. It consistently manages its finances well, has growing assets, and notably reports no officer compensation, indicating a strong commitment to directing funds towards its mission rather than executive salaries.
How has the organization's financial health changed over time?
The organization's financial health has generally improved over time. Assets have grown from $4,051,909 in 2015 to $5,654,426 currently. While revenue has fluctuated, it has shown resilience, with a significant peak in 2021 ($2,430,638) and generally stable operations, often with a surplus.
What is the trend in revenue and expenses?
Revenue has shown variability, ranging from a low of $919,023 in 2017 to a high of $2,430,638 in 2021. Expenses have generally tracked revenue, with the organization often operating with a surplus (e.g., $114,317 in 2022) or a minor deficit (e.g., -$27,750 in 2023), indicating sound financial management.
Filing History
IRS 990 filing history for Mt Desert Island Ymca showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Mt Desert Island Ymca's revenue has grown by 32.6%, moving from $1.4M to $1.8M. Total assets increased by 37.5% over the same period, from $3.8M to $5.3M. Total functional expenses rose by 40.5%, from $1.3M to $1.8M. In its most recent filing year (2023), Mt Desert Island Ymca reported a deficit of $28K, with expenses exceeding revenue. The organization holds $198K in liabilities against $5.3M in assets (debt-to-asset ratio: 3.7%), resulting in net assets of $5.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.8M | $5.3M | $198K | — | View 990 |
| 2022 | $1.7M | $1.6M | $5.1M | $100K | — | View 990 |
| 2021 | $2.4M | $1.5M | $5.4M | $259K | — | View 990 |
| 2020 | $1.6M | $1.4M | $4.9M | $694K | — | View 990 |
| 2019 | $1.4M | $1.5M | $4.4M | $170K | — | View 990 |
| 2018 | $1.7M | $1.5M | $4.4M | $145K | — | View 990 |
| 2017 | $919K | $992K | $4.1M | $137K | — | View 990 |
| 2016 | $1.3M | $1.4M | $4.1M | $183K | — | View 990 |
| 2015 | $1.2M | $1.5M | $4.1M | $162K | — | View 990 |
| 2014 | $1.9M | $1.5M | $4.3M | $92K | — | View 990 |
| 2013 | $1.5M | $1.5M | $3.8M | $49K | — | View 990 |
| 2012 | $1.4M | $1.5M | $3.7M | $57K | — | View 990 |
| 2011 | $1.4M | $1.4M | $3.9M | $146K | — | View 990 |
| 2010 | $1.4M | $1.3M | $3.8M | $120K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.8M, and assets of $5.3M (revenue +4.6% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.6M, and assets of $5.1M (revenue -28.7% year-over-year).
- 2021: Revenue of $2.4M, expenses of $1.5M, and assets of $5.4M (revenue +56.5% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.4M, and assets of $4.9M (revenue +11.2% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.5M, and assets of $4.4M (revenue -17.2% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.5M, and assets of $4.4M (revenue +83.5% year-over-year).
- 2017: Revenue of $919K, expenses of $992K, and assets of $4.1M (revenue -28.9% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.4M, and assets of $4.1M (revenue +3.5% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.5M, and assets of $4.1M (revenue -33.4% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.5M, and assets of $4.3M (revenue +22.9% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.5M, and assets of $3.8M (revenue +6.7% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.5M, and assets of $3.7M (revenue +2.5% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.4M, and assets of $3.9M (revenue +2.1% year-over-year).
- 2010: Revenue of $1.4M, expenses of $1.3M, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mt Desert Island Ymca:
Data Sources and Methodology
This transparency report for Mt Desert Island 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.