The Fulton County Young Mens Christian Association Inc
Fulton County YMCA faces declining revenue and assets, with expenses consistently exceeding income in recent years.
EIN: 141374493 · Johnstown, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $2.7M |
| Program Spending | 75% |
| Net Assets | $5.6M |
| Transparency Score | 65/100 |
Is The Fulton County Young Mens Christian Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Fulton County Young Mens Christian Association Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Fulton County Young Mens Christian Association Inc
The Fulton County Young Mens Christian Association Inc (EIN: 141374493) is a nonprofit organization based in Johnstown, NY. The organization reported total revenue of $2.5M and total assets of $8.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Fulton County Young Mens Christian Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Fulton County Young Mens Christian Association Inc is a mid-size nonprofit that has been operating for 88 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.7M |
| Surplus / Deficit | $-680,746 |
| Total Assets | $9.1M |
| Total Liabilities | $3.5M |
| Net Assets | $5.6M |
| Operating Margin | -34.3% |
| Debt-to-Asset Ratio | 38.2% |
| Months of Reserves | 40.7 months |
Financial Health Grade: B
In 2023, The Fulton County Young Mens Christian Association Inc reported a deficit of $681K with expenses exceeding revenue, holds 40.7 months of operating reserves (strong position), has a debt-to-asset ratio of 38.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Fulton County Young Mens Christian Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.1% | +10.4% | -5.9% |
| 2022 | -22.2% | +15.7% | -10.6% |
| 2021 | +1.2% | -21.6% | +0.8% |
| 2020 | -24.3% | -18.8% | -5.4% |
| 2019 | -1.5% | +7.8% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1938 |
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 The Fulton County Young Mens Christian Association Inc with a Mission Score of 65 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, The Fulton County Young Mens Christian Association Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $681K, with expenses exceeding revenue.
- Debt-to-asset ratio: 38.2%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of this size and suggests a volunteer-led executive structure or that compensation is reported under other categories.
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 The Fulton County Young Mens Christian Association Inc's IRS 990 filings:
- Consistent operational deficits: Expenses have exceeded revenue in multiple recent years (e.g., 2023, 2022, 2020, 2019), indicating unsustainable spending relative to income.
- Significant decline in assets: Total assets have decreased from $12,060,249 in 2017 to $9,052,867 in 2023, suggesting a depletion of reserves or asset base.
- Declining revenue trend: Revenue has fallen from over $3.2 million in 2017 to under $2 million in 2023, indicating potential challenges in fundraising or service demand.
Strengths
The following positive indicators were identified for The Fulton County Young Mens Christian Association Inc:
- No reported officer compensation: The organization consistently reports 0% officer compensation, which can be viewed positively for minimizing administrative overhead at the executive level.
- Long filing history: With 13 filings, the organization demonstrates a consistent history of IRS compliance and transparency in reporting.
Frequently Asked Questions about The Fulton County Young Mens Christian Association Inc
Is The Fulton County Young Mens Christian Association Inc a legitimate charity?
The Fulton County Young Mens Christian Association Inc (EIN: 141374493) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.5M. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does The Fulton County Young Mens Christian Association Inc spend its money?
The Fulton County Young Mens Christian Association Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to The Fulton County Young Mens Christian Association Inc tax-deductible?
The Fulton County Young Mens Christian Association Inc is registered as a tax-exempt nonprofit (EIN: 141374493). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Fulton County Young Mens Christian Association Inc's spending goes to programs?
The Fulton County Young Mens Christian Association Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Fulton County Young Mens Christian Association Inc located?
The Fulton County Young Mens Christian Association Inc is headquartered in Johnstown, New York and files with the IRS under EIN 141374493.
How many years of IRS 990 filings does The Fulton County Young Mens Christian Association Inc have?
The Fulton County Young Mens Christian Association Inc 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 $2.5M in total revenue.
Is The Fulton County Young Mens Christian Association Inc financially stable?
Based on the data, the organization's financial stability appears to be declining. Revenue has decreased from $3,217,403 in 2017 to $1,986,484 in 2023, and expenses have frequently exceeded revenue, leading to deficits in multiple recent years (e.g., 2023, 2022, 2020).
Why are assets declining?
Assets have consistently declined from $12,060,249 in 2017 to $9,052,867 in 2023. This decline likely stems from the organization's recurring operational deficits, where expenses exceed revenue, potentially requiring the use of reserves or asset sales to cover costs.
What is the impact of 0% officer compensation?
While 0% officer compensation can be seen as a positive for donor confidence, it is highly unusual for an organization with annual revenues exceeding $1.9 million. It could indicate a fully volunteer-led executive team or that executive compensation is reported under different expense categories, which would warrant further investigation for clarity.
How has the organization's revenue trended since 2017?
Revenue has shown a significant downward trend since 2017, decreasing from $3,217,403 to $1,986,484 in 2023, representing a reduction of over $1.2 million.
Filing History
IRS 990 filing history for The Fulton County Young Mens Christian Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Fulton County Young Mens Christian Association Inc's revenue has declined by 16.8%, moving from $2.4M to $2.0M. Total assets decreased by 20.5% over the same period, from $11.4M to $9.1M. Total functional expenses fell by 0%, from $2.7M to $2.7M. In its most recent filing year (2023), The Fulton County Young Mens Christian Association Inc reported a deficit of $681K, with expenses exceeding revenue. The organization holds $3.5M in liabilities against $9.1M in assets (debt-to-asset ratio: 38.2%), resulting in net assets of $5.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.7M | $9.1M | $3.5M | — | — |
| 2022 | $1.8M | $2.4M | $9.6M | $3.4M | — | — |
| 2021 | $2.3M | $2.1M | $10.8M | $3.6M | — | View 990 |
| 2020 | $2.3M | $2.7M | $10.7M | $3.9M | — | View 990 |
| 2019 | $3.0M | $3.3M | $11.3M | $4.1M | — | View 990 |
| 2018 | $3.0M | $3.0M | $11.6M | $4.4M | — | View 990 |
| 2017 | $3.2M | $3.1M | $12.1M | $4.6M | — | View 990 |
| 2016 | $3.1M | $3.1M | $12.2M | $4.9M | — | View 990 |
| 2015 | $3.1M | $3.1M | $12.4M | $5.1M | — | View 990 |
| 2014 | $2.7M | $2.9M | $12.8M | $5.4M | — | View 990 |
| 2013 | $3.1M | $2.9M | $13.2M | $5.7M | — | View 990 |
| 2012 | $2.9M | $2.7M | $13.0M | $5.9M | — | View 990 |
| 2011 | $2.4M | $2.7M | $11.4M | $4.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.7M, and assets of $9.1M (revenue +12.1% year-over-year).
- 2022: Revenue of $1.8M, expenses of $2.4M, and assets of $9.6M (revenue -22.2% year-over-year).
- 2021: Revenue of $2.3M, expenses of $2.1M, and assets of $10.8M (revenue +1.2% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.7M, and assets of $10.7M (revenue -24.3% year-over-year).
- 2019: Revenue of $3.0M, expenses of $3.3M, and assets of $11.3M (revenue -1.5% year-over-year).
- 2018: Revenue of $3.0M, expenses of $3.0M, and assets of $11.6M (revenue -6.1% year-over-year).
- 2017: Revenue of $3.2M, expenses of $3.1M, and assets of $12.1M (revenue +3.5% year-over-year).
- 2016: Revenue of $3.1M, expenses of $3.1M, and assets of $12.2M (revenue -0.8% year-over-year).
- 2015: Revenue of $3.1M, expenses of $3.1M, and assets of $12.4M (revenue +16.4% year-over-year).
- 2014: Revenue of $2.7M, expenses of $2.9M, and assets of $12.8M (revenue -13.5% year-over-year).
- 2013: Revenue of $3.1M, expenses of $2.9M, and assets of $13.2M (revenue +8.7% year-over-year).
- 2012: Revenue of $2.9M, expenses of $2.7M, and assets of $13.0M (revenue +19.9% year-over-year).
- 2011: Revenue of $2.4M, expenses of $2.7M, and assets of $11.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Fulton County Young Mens Christian Association Inc:
Data Sources and Methodology
This transparency report for The Fulton County Young Mens Christian Association 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.