Ocean County Ymca Inc
Ocean County YMCA: Strong Community Presence, Financial Fluctuations
EIN: 221901046 · Toms River, NJ · Updated: 2026-04-04
Is Ocean County Ymca Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ocean County Ymca Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ocean County Ymca Inc
Ocean County Ymca Inc (EIN: 221901046) is a nonprofit organization based in Toms River, NJ. The organization reported total revenue of $4.5M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ocean County Ymca Inc'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 Ocean County Ymca Inc 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, Ocean County Ymca Inc 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.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and revenue, with no red flags indicating excessive pay.
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 Ocean County Ymca Inc's IRS 990 filings:
- Revenue has shown some volatility over the past few years, with a dip in 2020 and recovery, but not consistently growing.
- The organization reported a deficit in 2023 with expenses ($5,505,254) exceeding revenue ($4,941,301).
Strengths
The following positive indicators were identified for Ocean County Ymca Inc:
- Consistently high revenue generation, averaging over $4.5 million annually.
- Strong asset base, consistently above $2.9 million, indicating financial stability.
- Long-standing presence in the community, suggesting established trust and impact.
Frequently Asked Questions about Ocean County Ymca Inc
Is Ocean County Ymca Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ocean County Ymca Inc (EIN: 221901046) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Ocean County Ymca Inc spend its money?
Ocean County Ymca Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ocean County Ymca Inc tax-deductible?
Ocean County Ymca Inc is registered as a tax-exempt nonprofit (EIN: 221901046). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Ocean County Ymca Inc do?
Ocean County Ymca Inc is a nonprofit organization in the Unknown sector, located in Toms River, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Ocean County Ymca Inc have?
Ocean County Ymca Inc reported total revenue of $4,500,224. Based on 13 IRS 990 filings on record.
What are Ocean County Ymca Inc's total assets?
Ocean County Ymca Inc holds total assets of $2,497,044 as reported in IRS 990 filings.
Where is Ocean County Ymca Inc located?
Ocean County Ymca Inc is based in Toms River, New Jersey.
What is Ocean County Ymca Inc's EIN?
Ocean County Ymca Inc's Employer Identification Number (EIN) is 221901046. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Ocean County Ymca Inc?
Ocean County Ymca Inc is classified under NTEE code Unknown (Unknown).
Is Ocean County Ymca Inc a registered 501(c)(3)?
Ocean County Ymca Inc appears in IRS records (EIN: 221901046). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Ocean County Ymca Inc file IRS Form 990?
Yes, Ocean County Ymca Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Ocean County Ymca Inc's revenue in 2023?
In the 202312 filing period, Ocean County Ymca Inc reported total revenue of $4,941,301, total expenses of $5,505,254, and net assets of $3,208,650.
Is Ocean County Ymca Inc's revenue growing or declining?
Ocean County Ymca Inc's revenue is growing. Revenue went from $4,511,808 (202212) to $4,941,301 (202312), a +9.5% change. Based on 13 filings on record.
What is Ocean County Ymca Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Ocean County Ymca Inc covers tax period 202312. It shows revenue of $4,941,301, expenses of $5,505,254, total assets of $3,208,650, and liabilities of $4,078,597.
How much does Ocean County Ymca Inc spend on programs vs administration?
Based on IRS 990 analysis, Ocean County Ymca Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Ocean County Ymca Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Ocean County Ymca Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Ocean County Ymca Inc?
The following concerns were identified: Revenue has shown some volatility over the past few years, with a dip in 2020 and recovery, but not consistently growing.. The organization reported a deficit in 2023 with expenses ($5,505,254) exceeding revenue ($4,941,301).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Ocean County Ymca Inc's strengths?
Positive indicators for Ocean County Ymca Inc include: Consistently high revenue generation, averaging over $4.5 million annually.. Strong asset base, consistently above $2.9 million, indicating financial stability.. Long-standing presence in the community, suggesting established trust and impact.. These findings are derived from AI analysis of the organization's financial filings.
How does Ocean County Ymca Inc compensate executives?
Executive compensation appears reasonable given the organization's size and revenue, with no red flags indicating excessive pay. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the Ocean County YMCA plan to address the recent deficit reported in 2023, where expenses exceeded revenue by over $560,000?
The 2023 deficit of $563,953 (expenses of $5,505,254 vs. revenue of $4,941,301) suggests a need for strategic financial planning to either increase revenue streams or optimize operational costs to ensure long-term sustainability.
Filing History
IRS 990 filing history for Ocean County Ymca Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ocean County Ymca Inc's revenue has grown by 17.2%, moving from $4.2M to $4.9M. Total assets decreased by 26.9% over the same period, from $4.4M to $3.2M. Total functional expenses rose by 11.5%, from $4.9M to $5.5M. In its most recent filing year (2023), Ocean County Ymca Inc reported a deficit of $564K, with expenses exceeding revenue. The organization holds $4.1M in liabilities against $3.2M in assets (debt-to-asset ratio: 127.1%), resulting in net assets of $-869,947.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.9M | $5.5M | $3.2M | $4.1M | — | — |
| 2022 | $4.5M | $4.6M | $4.4M | $4.7M | — | View 990 |
| 2021 | $4.5M | $3.5M | $3.8M | $4.0M | — | View 990 |
| 2020 | $2.8M | $3.5M | $3.0M | $4.2M | — | — |
| 2019 | $5.1M | $5.0M | $3.3M | $3.8M | — | View 990 |
| 2018 | $4.8M | $4.7M | $3.4M | $3.9M | — | View 990 |
| 2017 | $4.9M | $4.7M | $3.4M | $3.9M | — | View 990 |
| 2016 | $5.1M | $4.7M | $3.4M | $4.1M | — | View 990 |
| 2015 | $4.9M | $4.8M | $3.2M | $4.4M | — | View 990 |
| 2014 | $5.0M | $5.2M | $3.5M | $4.7M | — | View 990 |
| 2013 | $4.7M | $4.9M | $3.8M | $4.9M | — | View 990 |
| 2012 | $4.3M | $4.6M | $4.0M | $5.0M | — | View 990 |
| 2011 | $4.2M | $4.9M | $4.4M | $5.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.9M, expenses of $5.5M, and assets of $3.2M (revenue +9.5% year-over-year).
- 2022: Revenue of $4.5M, expenses of $4.6M, and assets of $4.4M (revenue +1.1% year-over-year).
- 2021: Revenue of $4.5M, expenses of $3.5M, and assets of $3.8M (revenue +59.3% year-over-year).
- 2020: Revenue of $2.8M, expenses of $3.5M, and assets of $3.0M (revenue -44.6% year-over-year).
- 2019: Revenue of $5.1M, expenses of $5.0M, and assets of $3.3M (revenue +6.3% year-over-year).
- 2018: Revenue of $4.8M, expenses of $4.7M, and assets of $3.4M (revenue -3.6% year-over-year).
- 2017: Revenue of $4.9M, expenses of $4.7M, and assets of $3.4M (revenue -2.9% year-over-year).
- 2016: Revenue of $5.1M, expenses of $4.7M, and assets of $3.4M (revenue +4.3% year-over-year).
- 2015: Revenue of $4.9M, expenses of $4.8M, and assets of $3.2M (revenue -3.3% year-over-year).
- 2014: Revenue of $5.0M, expenses of $5.2M, and assets of $3.5M (revenue +7.0% year-over-year).
- 2013: Revenue of $4.7M, expenses of $4.9M, and assets of $3.8M (revenue +10.6% year-over-year).
- 2012: Revenue of $4.3M, expenses of $4.6M, and assets of $4.0M (revenue +1.1% year-over-year).
- 2011: Revenue of $4.2M, expenses of $4.9M, and assets of $4.4M.
Data Sources and Methodology
This transparency report for Ocean County Ymca Inc 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.