The Greater Morristown Ymca Inc

Greater Morristown YMCA: Strong Assets, Consistent Revenue, but Transparency Lacking on Program Spending

EIN: 221487618 · Cedar Knolls, NJ · Updated: 2026-04-04

$16.5MRevenue
$11.3MGross Revenue
$24.8MAssets
75/100Mission Score (Good)

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The Greater Morristown Ymca Inc Financial Summary
MetricValue
Total Revenue$16.5M
Total Expenses$9.6M
Net Assets$17.1M
Transparency Score75/100

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The Greater Morristown Ymca Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

The Greater Morristown Ymca Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around The Greater Morristown Ymca Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $10.5M and expenses of $9.6M.

Revenue and Expenses

The Greater Morristown Ymca Inc reported $10.5M in revenue and $9.6M in expenses, a surplus of $909K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

75/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.

Is The Greater Morristown Ymca Inc Legit?

Some Concerns

GoodFiling Consistency
UnknownSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
PendingProgram Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.

Across stored filings, The Greater Morristown Ymca Inc shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification.

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The Greater Morristown Ymca Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spendPendingUnknown
Financial durabilityGrade A13 stored filing years
Peer contextCompare with Dance For The Cure IncNew Jersey and category context

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About The Greater Morristown Ymca Inc

The Greater Morristown Ymca Inc (EIN: 221487618) is a nonprofit organization based in Cedar Knolls, NJ. The organization reported total revenue of $16.5M and total assets of $24.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Greater Morristown Ymca Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

53Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

The Greater Morristown Ymca Inc is a large nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$10.5M
Total Expenses$9.6M
Surplus / Deficit+$909K
Total Assets$23.4M
Total Liabilities$6.3M
Net Assets$17.1M
Operating Margin8.7%
Debt-to-Asset Ratio26.8%
Months of Reserves29.4 months

Financial Health Grade: A

In 2023, The Greater Morristown Ymca Inc reported a surplus of $909K with revenue exceeding expenses, holds 29.4 months of operating reserves (strong position), has a debt-to-asset ratio of 26.8% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), The Greater Morristown Ymca Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023-6.5%+5.5%+5.6%
2022+24.7%+11.7%+3.9%
2021+23.6%+1.2%+3.5%
2020-33.2%-14.8%-4.4%
2019+17.4%+6.7%+7.6%

IRS Tax-Exempt Classification

IRS Classification Codes7100
IRS Ruling Date1973

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Greater Morristown Ymca Inc is a unknown nonprofit based in Cedar Knolls, New Jersey, with reported revenue of $16.5M and assets of $24.8M. Our AI analysis assigns a Mission Score of 75/100 (Good). The provided data lacks a detailed breakdown of program, administrative, and fundraising expenses, making it impossible to calculate spending percentages. The financial filings show total expenses but do not disaggregate them into these categories. Without access to the full Form 990, a comprehensive transparency assessment of spending is not possible. Executive compensation cannot be assessed without specific compensation figures from the Form 990 filings, which are not included in the provided data. Revenue has grown +53% across 13 filing periods.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The Greater Morristown 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: 0%
  • programs: 0%
  • fundraising: 0%

According to IRS 990 filings, The Greater Morristown Ymca Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$10.5MTotal Revenue
$9.6MTotal Expenses
$23.4MTotal Assets
$6.3MTotal Liabilities
$17.1MNet Assets
  • The organization reported a surplus of $909K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 26.8%.

Executive Compensation Analysis

Executive compensation cannot be assessed without specific compensation figures from the Form 990 filings, which are not included in the provided data.

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 Greater Morristown Ymca Inc's IRS 990 filings:

  • Lack of detailed expense breakdown (program, admin, fundraising) in provided data prevents assessment of spending efficiency.
  • Executive compensation details are not available, hindering a full financial transparency review.

Strengths

The following positive indicators were identified for The Greater Morristown Ymca Inc:

  • Consistently strong asset base, growing from $14.6M in 2016 to $23.4M in 2023.
  • Maintained robust revenue streams, with 2023 revenue at $10.5M and total assets at $23.4M.
  • Positive net assets, indicating financial stability and capacity for future operations.

Frequently Asked Questions about The Greater Morristown Ymca Inc

Is The Greater Morristown Ymca Inc a legitimate charity?

The Greater Morristown Ymca Inc (EIN: 221487618) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $16.5M. 2 red flags identified. 3 strengths noted. Financial health grade: A.

How does The Greater Morristown Ymca Inc spend its money?

The Greater Morristown Ymca Inc reported $16.5M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.

Are donations to The Greater Morristown Ymca Inc tax-deductible?

The Greater Morristown Ymca Inc is registered as a tax-exempt nonprofit (EIN: 221487618). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is The Greater Morristown Ymca Inc located?

The Greater Morristown Ymca Inc is headquartered in Cedar Knolls, New Jersey and files with the IRS under EIN 221487618.

How many years of IRS 990 filings does The Greater Morristown Ymca Inc have?

The Greater Morristown Ymca 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 $16.5M in total revenue.

What does The Greater Morristown Ymca Inc do?

The Greater Morristown Ymca Inc is a nonprofit organization in the Unknown sector, located in Cedar Knolls, New Jersey. It is classified under NTEE code Unknown.

How much revenue does The Greater Morristown Ymca Inc have?

The Greater Morristown Ymca Inc reported total revenue of $16,489,668. Based on 13 IRS 990 filings on record.

What are The Greater Morristown Ymca Inc's total assets?

The Greater Morristown Ymca Inc holds total assets of $24,763,537 as reported in IRS 990 filings.

Where is The Greater Morristown Ymca Inc located?

The Greater Morristown Ymca Inc is based in Cedar Knolls, New Jersey.

What is The Greater Morristown Ymca Inc's EIN?

The Greater Morristown Ymca Inc's Employer Identification Number (EIN) is 221487618. This is the unique tax ID assigned by the IRS for tax-exempt organizations.

What type of nonprofit is The Greater Morristown Ymca Inc?

The Greater Morristown Ymca Inc is classified under NTEE code Unknown (Unknown).

Is The Greater Morristown Ymca Inc a registered 501(c)(3)?

The Greater Morristown Ymca Inc appears in IRS records (EIN: 221487618). Check the IRS Tax Exempt Organization Search for the most current determination letter status.

Does The Greater Morristown Ymca Inc file IRS Form 990?

Yes, The Greater Morristown Ymca Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.

What was The Greater Morristown Ymca Inc's revenue in 2023?

In the 202312 filing period, The Greater Morristown Ymca Inc reported total revenue of $10,462,479, total expenses of $9,553,046, and net assets of $23,377,230.

Is The Greater Morristown Ymca Inc's revenue growing or declining?

The Greater Morristown Ymca Inc's revenue is declining. Revenue went from $11,195,490 (202212) to $10,462,479 (202312), a -6.5% change. Based on 13 filings on record.

What is The Greater Morristown Ymca Inc's most recent 990 filing?

The most recent IRS Form 990 filing for The Greater Morristown Ymca Inc covers tax period 202312. It shows revenue of $10,462,479, expenses of $9,553,046, total assets of $23,377,230, and liabilities of $6,260,736.

Is The Greater Morristown Ymca Inc a trustworthy charity?

Based on AI analysis of IRS 990 data, The Greater Morristown Ymca Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.

What are the red flags for The Greater Morristown Ymca Inc?

The following concerns were identified: Lack of detailed expense breakdown (program, admin, fundraising) in provided data prevents assessment of spending efficiency.. Executive compensation details are not available, hindering a full financial transparency review.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.

What are The Greater Morristown Ymca Inc's strengths?

Positive indicators for The Greater Morristown Ymca Inc include: Consistently strong asset base, growing from $14.6M in 2016 to $23.4M in 2023.. Maintained robust revenue streams, with 2023 revenue at $10.5M and total assets at $23.4M.. Positive net assets, indicating financial stability and capacity for future operations.. These findings are derived from AI analysis of the organization's financial filings.

How does The Greater Morristown Ymca Inc compensate executives?

Executive compensation cannot be assessed without specific compensation figures from the Form 990 filings, which are not included in the provided data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.

How transparent is The Greater Morristown Ymca Inc?

The provided data lacks a detailed breakdown of program, administrative, and fundraising expenses, making it impossible to calculate spending percentages. The financial filings show total expenses but do not disaggregate them into these categories. Without access to the full Form 990, a comprehensive transparency assessment of spending is not possible. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.

How has the organization managed to significantly increase its assets while maintaining relatively stable revenue over the past few years?

The organization has consistently generated more revenue than expenses in most years, allowing for the accumulation of assets. For example, in 2023, revenue was $10,462,479 while expenses were $9,553,046, contributing to asset growth. This trend of positive net income has been observed across multiple years, leading to a substantial increase in total assets from $14,599,268 in 2016 to $23,377,230 in 2023.

What is the trend in the organization's liabilities relative to its assets, and what does this suggest about its financial health?

The organization's liabilities have shown some fluctuation but generally remain a manageable portion of its total assets. For instance, in 2016, liabilities were $3,351,511 against assets of $14,599,268. By 2023, liabilities were $6,260,736 against assets of $23,377,230. While liabilities have increased, the asset base has grown at a faster rate, indicating a healthy financial position with strong equity and capacity to cover its obligations.

Filing History

IRS 990 filing history for The Greater Morristown Ymca Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), The Greater Morristown Ymca Inc's revenue has grown by 53.5%, moving from $6.8M to $10.5M. Total assets increased by 120.5% over the same period, from $10.6M to $23.4M. Total functional expenses rose by 58.3%, from $6.0M to $9.6M. In its most recent filing year (2023), The Greater Morristown Ymca Inc reported a surplus of $909K, with revenue exceeding expenses. The organization holds $6.3M in liabilities against $23.4M in assets (debt-to-asset ratio: 26.8%), resulting in net assets of $17.1M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $10.5M $9.6M $23.4M $6.3M
2022 $11.2M $9.1M $22.1M $6.5M View 990
2021 $9.0M $8.1M $21.3M $7.2M View 990
2020 $7.3M $8.0M $20.6M $7.5M
2019 $10.9M $9.4M $21.5M $7.8M View 990
2018 $9.3M $8.8M $20.0M $7.9M View 990
2017 $8.6M $8.2M $19.5M $7.6M View 990
2016 $8.4M $8.0M $14.6M $3.4M View 990
2015 $9.6M $7.4M $14.4M $3.6M View 990
2014 $7.9M $7.0M $12.4M $3.9M View 990
2013 $7.1M $6.6M $11.7M $4.2M View 990
2012 $7.1M $6.1M $11.4M $4.5M View 990
2011 $6.8M $6.0M $10.6M $4.7M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $10.5M, expenses of $9.6M, and assets of $23.4M (revenue -6.5% year-over-year).
  • 2022: Revenue of $11.2M, expenses of $9.1M, and assets of $22.1M (revenue +24.7% year-over-year).
  • 2021: Revenue of $9.0M, expenses of $8.1M, and assets of $21.3M (revenue +23.6% year-over-year).
  • 2020: Revenue of $7.3M, expenses of $8.0M, and assets of $20.6M (revenue -33.2% year-over-year).
  • 2019: Revenue of $10.9M, expenses of $9.4M, and assets of $21.5M (revenue +17.4% year-over-year).
  • 2018: Revenue of $9.3M, expenses of $8.8M, and assets of $20.0M (revenue +7.3% year-over-year).
  • 2017: Revenue of $8.6M, expenses of $8.2M, and assets of $19.5M (revenue +2.3% year-over-year).
  • 2016: Revenue of $8.4M, expenses of $8.0M, and assets of $14.6M (revenue -12.5% year-over-year).
  • 2015: Revenue of $9.6M, expenses of $7.4M, and assets of $14.4M (revenue +21.8% year-over-year).
  • 2014: Revenue of $7.9M, expenses of $7.0M, and assets of $12.4M (revenue +11.1% year-over-year).
  • 2013: Revenue of $7.1M, expenses of $6.6M, and assets of $11.7M (revenue +0.4% year-over-year).
  • 2012: Revenue of $7.1M, expenses of $6.1M, and assets of $11.4M (revenue +4.1% year-over-year).
  • 2011: Revenue of $6.8M, expenses of $6.0M, and assets of $10.6M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for The Greater Morristown Ymca Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for The Greater Morristown 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.

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