Old Colony Ymca Wellness Services Inc
EIN: 843604342 · Brockton, MA · NTEE: P40
| Metric | Value |
|---|---|
| Total Revenue | $541K |
| Total Expenses | $377K |
| Net Assets | $126K |
Is Old Colony Ymca Wellness Services Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Old Colony Ymca Wellness Services Inc
Old Colony Ymca Wellness Services Inc (EIN: 843604342) is a nonprofit organization based in Brockton, MA, classified under NTEE code P40. The organization reported total revenue of $541K and total assets of $211K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Old Colony Ymca Wellness Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Old Colony Ymca Wellness Services Inc is a small nonprofit that has been operating for 6 years, with 5 years of IRS 990 filings on record (2020–2024). Revenue has grown at a compound annual rate of 103.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $397K |
| Total Expenses | $377K |
| Surplus / Deficit | +$20K |
| Total Assets | $143K |
| Total Liabilities | $17K |
| Net Assets | $126K |
| Operating Margin | 5.1% |
| Debt-to-Asset Ratio | 11.9% |
| Months of Reserves | 4.6 months |
Financial Health Grade: A
In 2024, Old Colony Ymca Wellness Services Inc reported a surplus of $20K with revenue exceeding expenses, holds 4.6 months of operating reserves (adequate), has a debt-to-asset ratio of 11.9% (very low leverage).
Financial Trends
Over 5 years of filings (2020–2024), Old Colony Ymca Wellness Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 103.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +83.2% | +150.5% | +31.8% |
| 2023 | +83.0% | +62.9% | +46.9% |
| 2022 | +67.9% | +31.9% | +121.9% |
| 2021 | +201.7% | +582.8% | +110.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Old Colony Ymca Wellness Services Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Old Colony Ymca Wellness Services Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.9%.
Frequently Asked Questions about Old Colony Ymca Wellness Services Inc
Is Old Colony Ymca Wellness Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Old Colony Ymca Wellness Services Inc (EIN: 843604342) insufficient data. 0 red flags identified, 0 strengths noted.
How does Old Colony Ymca Wellness Services Inc spend its money?
Detailed spending breakdown data is not yet available for Old Colony Ymca Wellness Services Inc. Check back for updated IRS 990 analysis.
Are donations to Old Colony Ymca Wellness Services Inc tax-deductible?
Old Colony Ymca Wellness Services Inc is registered as a tax-exempt nonprofit (EIN: 843604342). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Old Colony Ymca Wellness Services Inc located?
Old Colony Ymca Wellness Services Inc is headquartered in Brockton, Massachusetts and files with the IRS under EIN 843604342. It is classified under NTEE code P40.
How many years of IRS 990 filings does Old Colony Ymca Wellness Services Inc have?
Old Colony Ymca Wellness Services Inc has 5 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 $541K in total revenue.
Filing History
IRS 990 filing history for Old Colony Ymca Wellness Services Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2020–2024), Old Colony Ymca Wellness Services Inc's revenue has grown by 1598.6%, moving from $23K to $397K. Total assets increased by 802.8% over the same period, from $16K to $143K. Total functional expenses rose by 3575.1%, from $10K to $377K. In its most recent filing year (2024), Old Colony Ymca Wellness Services Inc reported a surplus of $20K, with revenue exceeding expenses. The organization holds $17K in liabilities against $143K in assets (debt-to-asset ratio: 11.9%), resulting in net assets of $126K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $397K | $377K | $143K | $17K | — | — |
| 2023 | $217K | $150K | $109K | $3K | — | View 990 |
| 2022 | $118K | $92K | $74K | $34K | — | View 990 |
| 2021 | $71K | $70K | $33K | $20K | — | View 990 |
| 2020 | $23K | $10K | $16K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $397K, expenses of $377K, and assets of $143K (revenue +83.2% year-over-year).
- 2023: Revenue of $217K, expenses of $150K, and assets of $109K (revenue +83.0% year-over-year).
- 2022: Revenue of $118K, expenses of $92K, and assets of $74K (revenue +67.9% year-over-year).
- 2021: Revenue of $71K, expenses of $70K, and assets of $33K (revenue +201.7% year-over-year).
- 2020: Revenue of $23K, expenses of $10K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Old Colony Ymca Wellness Services Inc:
Data Sources and Methodology
This transparency report for Old Colony Ymca Wellness Services 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.