Ym Ywha Of Union County Inc
Ym Ywha Of Union County Inc: Financial Volatility and Transparency Concerns
EIN: 222663795 · Union, NJ · Updated: 2026-04-04
About Ym Ywha Of Union County Inc
Ym Ywha Of Union County Inc (EIN: 222663795) is a nonprofit organization based in Union, NJ. The organization reported total revenue of $2.0M and total assets of $510K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ym Ywha Of Union County 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 Ym Ywha Of Union County 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: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Ym Ywha Of Union County Inc allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation details are not explicitly disclosed in the provided data, making it impossible to assess fairness or alignment with organizational size and mission.
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 Ym Ywha Of Union County Inc's IRS 990 filings:
- Significant fluctuations in revenue and expenses over the past few years, with a notable drop in revenue from $5,053,968 in 2023 to $2,512,386 in 2022, and then a rebound.
- Negative net assets in 2022 (-$324,040) and 2023 (-$401,576) indicate financial instability.
- The organization consistently spends more than its revenue, as indicated by expenses exceeding revenue in multiple years (e.g., $4,421,750 expenses vs. $5,053,968 revenue in 2023, but $2,744,410 expenses vs. $2,512,386 revenue in 2022).
Strengths
The following positive indicators were identified for Ym Ywha Of Union County Inc:
- Despite financial challenges, the organization has maintained a significant asset base, with assets of $1,064,034 in 2023.
- The organization has a long operating history, suggesting resilience and community presence.
Frequently Asked Questions about Ym Ywha Of Union County Inc
What does Ym Ywha Of Union County Inc do?
Ym Ywha Of Union County Inc is a nonprofit organization in the Unknown sector, located in Union, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Ym Ywha Of Union County Inc have?
Ym Ywha Of Union County Inc reported total revenue of $1,974,571. Based on 13 IRS 990 filings on record.
What are Ym Ywha Of Union County Inc's total assets?
Ym Ywha Of Union County Inc holds total assets of $509,831 as reported in IRS 990 filings.
Where is Ym Ywha Of Union County Inc located?
Ym Ywha Of Union County Inc is based in Union, New Jersey.
What is Ym Ywha Of Union County Inc's EIN?
Ym Ywha Of Union County Inc's Employer Identification Number (EIN) is 222663795. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Ym Ywha Of Union County Inc?
Ym Ywha Of Union County Inc is classified under NTEE code Unknown (Unknown).
Is Ym Ywha Of Union County Inc a registered 501(c)(3)?
Ym Ywha Of Union County Inc appears in IRS records (EIN: 222663795). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Ym Ywha Of Union County Inc file IRS Form 990?
Yes, Ym Ywha Of Union County Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was Ym Ywha Of Union County Inc's revenue in 2023?
In the 202308 filing period, Ym Ywha Of Union County Inc reported total revenue of $5,053,968, total expenses of $4,421,750, and net assets of $1,064,034.
Is Ym Ywha Of Union County Inc's revenue growing or declining?
Ym Ywha Of Union County Inc's revenue is growing. Revenue went from $2,512,386 (202208) to $5,053,968 (202308), a +101.2% change. Based on 13 filings on record.
What is Ym Ywha Of Union County Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Ym Ywha Of Union County Inc covers tax period 202308. It shows revenue of $5,053,968, expenses of $4,421,750, total assets of $1,064,034, and liabilities of $401,576.
How much does Ym Ywha Of Union County Inc spend on programs vs administration?
Based on IRS 990 analysis, Ym Ywha Of Union County Inc allocates approximately 88% of expenses to program services, 7% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Ym Ywha Of Union County Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Ym Ywha Of Union County Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Ym Ywha Of Union County Inc?
The following concerns were identified: Significant fluctuations in revenue and expenses over the past few years, with a notable drop in revenue from $5,053,968 in 2023 to $2,512,386 in 2022, and then a rebound.. Negative net assets in 2022 (-$324,040) and 2023 (-$401,576) indicate financial instability.. The organization consistently spends more than its revenue, as indicated by expenses exceeding revenue in multiple years (e.g., $4,421,750 expenses vs. $5,053,968 revenue in 2023, but $2,744,410 expenses vs. $2,512,386 revenue in 2022).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Ym Ywha Of Union County Inc's strengths?
Positive indicators for Ym Ywha Of Union County Inc include: Despite financial challenges, the organization has maintained a significant asset base, with assets of $1,064,034 in 2023.. The organization has a long operating history, suggesting resilience and community presence.. These findings are derived from AI analysis of the organization's financial filings.
How does Ym Ywha Of Union County Inc compensate executives?
Executive compensation details are not explicitly disclosed in the provided data, making it impossible to assess fairness or alignment with organizational size and mission. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What caused the dramatic drop in revenue from $5,053,968 in 2023 to $2,512,386 in 2022, and how did the organization manage to nearly double its revenue again in 2023?
The provided data does not offer specific reasons for these significant year-over-year revenue fluctuations. Further investigation into their funding sources, program changes, or specific events during those periods would be necessary to understand these shifts.
Given the consistent trend of expenses exceeding revenue in several years, what strategies are in place to achieve financial sustainability and address the recurring negative net assets?
The data indicates a pattern of spending exceeding income, leading to negative net assets. Without additional information on financial management strategies, it's unclear how the organization plans to achieve long-term financial stability and reverse the trend of accumulating liabilities.
Filing History
IRS 990 filing history for Ym Ywha Of Union County Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ym Ywha Of Union County Inc's revenue has grown by 77.4%, moving from $2.8M to $5.1M. Total assets decreased by 59.2% over the same period, from $2.6M to $1.1M. Total functional expenses rose by 48.2%, from $3.0M to $4.4M. In its most recent filing year (2023), Ym Ywha Of Union County Inc reported a surplus of $632K, with revenue exceeding expenses. The organization holds $402K in liabilities against $1.1M in assets (debt-to-asset ratio: 37.7%), resulting in net assets of $662K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $5.1M | $4.4M | $1.1M | $402K | — | View 990 |
| 2022 | $2.5M | $2.7M | $354K | $324K | — | View 990 |
| 2021 | $2.6M | $2.4M | $1.5M | $183K | — | View 990 |
| 2020 | $2.2M | $2.3M | $1.1M | $143K | — | View 990 |
| 2019 | $2.7M | $3.1M | $1.3M | $310K | — | View 990 |
| 2018 | $2.6M | $2.9M | $1.7M | $291K | — | View 990 |
| 2017 | $2.8M | $3.0M | $2.0M | $323K | — | View 990 |
| 2016 | $2.8M | $3.0M | $2.2M | $358K | — | View 990 |
| 2015 | $3.0M | $3.3M | $2.4M | $349K | — | View 990 |
| 2014 | $3.1M | $3.2M | $2.7M | $389K | — | View 990 |
| 2013 | $3.0M | $3.0M | $2.7M | $316K | — | View 990 |
| 2012 | $3.2M | $3.0M | $2.7M | $360K | — | View 990 |
| 2011 | $2.8M | $3.0M | $2.6M | $353K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.1M, expenses of $4.4M, and assets of $1.1M (revenue +101.2% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.7M, and assets of $354K (revenue -3.7% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.4M, and assets of $1.5M (revenue +17.3% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.3M, and assets of $1.1M (revenue -18.8% year-over-year).
- 2019: Revenue of $2.7M, expenses of $3.1M, and assets of $1.3M (revenue +7.1% year-over-year).
- 2018: Revenue of $2.6M, expenses of $2.9M, and assets of $1.7M (revenue -7.0% year-over-year).
- 2017: Revenue of $2.8M, expenses of $3.0M, and assets of $2.0M (revenue -3.0% year-over-year).
- 2016: Revenue of $2.8M, expenses of $3.0M, and assets of $2.2M (revenue -6.2% year-over-year).
- 2015: Revenue of $3.0M, expenses of $3.3M, and assets of $2.4M (revenue -1.9% year-over-year).
- 2014: Revenue of $3.1M, expenses of $3.2M, and assets of $2.7M (revenue +4.2% year-over-year).
- 2013: Revenue of $3.0M, expenses of $3.0M, and assets of $2.7M (revenue -6.3% year-over-year).
- 2012: Revenue of $3.2M, expenses of $3.0M, and assets of $2.7M (revenue +10.8% year-over-year).
- 2011: Revenue of $2.8M, expenses of $3.0M, and assets of $2.6M.
Data Sources and Methodology
This transparency report for Ym Ywha Of Union County 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.