Ymca Of Greater Monmouth County Inc
YMCA of Greater Monmouth County reports significant asset growth but lacks transparency on executive compensation.
EIN: 210635051 · Shrewsbury, NJ · NTEE: P270 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $30.4M |
| Total Expenses | $22.9M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $9.0M |
| Transparency Score | 65/100 |
Is Ymca Of Greater Monmouth County Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ymca Of Greater Monmouth County Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ymca Of Greater Monmouth County Inc
Ymca Of Greater Monmouth County Inc (EIN: 210635051) is a nonprofit organization based in Shrewsbury, NJ, classified under NTEE code P270. The organization reported total revenue of $30.4M and total assets of $28.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ymca Of Greater Monmouth County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ymca Of Greater Monmouth County Inc is a large nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22.8M |
| Total Expenses | $22.9M |
| Surplus / Deficit | $-126,325 |
| Total Assets | $23.1M |
| Total Liabilities | $14.1M |
| Net Assets | $9.0M |
| Operating Margin | -0.6% |
| Debt-to-Asset Ratio | 61.1% |
| Months of Reserves | 12.1 months |
Financial Health Grade: C
In 2023, Ymca Of Greater Monmouth County Inc reported a deficit of $126K with expenses exceeding revenue, holds 12.1 months of operating reserves (strong position), has a debt-to-asset ratio of 61.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ymca Of Greater Monmouth County Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.6% | +14.1% | +19.7% |
| 2022 | +87.9% | +39.5% | +3.8% |
| 2021 | -29.9% | -32.8% | -8.0% |
| 2020 | +17.2% | +37.3% | +98.7% |
| 2019 | +6.3% | +8.3% | +5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1968 |
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 Ymca Of Greater Monmouth 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Ymca Of Greater Monmouth County 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $126K, with expenses exceeding revenue.
- Debt-to-asset ratio: 61.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $20 million. This lack of disclosure significantly hinders an accurate assessment of executive pay relative to the organization's scale 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 Ymca Of Greater Monmouth County Inc's IRS 990 filings:
- Consistent reporting of 0% officer compensation, raising transparency concerns.
- Operational deficits in some recent years (e.g., 202306: Expenses $22,937,317 > Revenue $22,810,992).
Strengths
The following positive indicators were identified for Ymca Of Greater Monmouth County Inc:
- Significant growth in assets, from $10,167,320 in 201908 to $23,106,645 in 202306.
- Strong revenue recovery and growth, with latest revenue at $22,810,992.
- Long history of IRS 990 filings (13 filings), indicating consistent reporting.
Frequently Asked Questions about Ymca Of Greater Monmouth County Inc
Is Ymca Of Greater Monmouth County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ymca Of Greater Monmouth County Inc (EIN: 210635051) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Ymca Of Greater Monmouth County Inc spend its money?
Ymca Of Greater Monmouth County Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ymca Of Greater Monmouth County Inc tax-deductible?
Ymca Of Greater Monmouth County Inc is registered as a tax-exempt nonprofit (EIN: 210635051). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ymca Of Greater Monmouth County Inc CEO make?
Ymca Of Greater Monmouth County Inc's highest-compensated officer earns $20 annually. The organization reported $30.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ymca Of Greater Monmouth County Inc's spending goes to programs?
Ymca Of Greater Monmouth County Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ymca Of Greater Monmouth County Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Ymca Of Greater Monmouth County Inc is above average for NTEE category P270 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ymca Of Greater Monmouth County Inc located?
Ymca Of Greater Monmouth County Inc is headquartered in Shrewsbury, New Jersey and files with the IRS under EIN 210635051. It is classified under NTEE code P270.
How many years of IRS 990 filings does Ymca Of Greater Monmouth County Inc have?
Ymca Of Greater Monmouth County 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 $30.4M in total revenue.
Is Ymca Of Greater Monmouth County Inc a good charity?
The YMCA of Greater Monmouth County Inc shows strong asset growth and significant revenue, indicating a robust operational capacity. However, the consistent reporting of 0% officer compensation across all filings is a major red flag regarding transparency. While their program work is generally well-regarded, this specific financial reporting practice makes it difficult to fully assess their financial integrity and efficiency.
Why is officer compensation reported as 0%?
The IRS 990 filings for Ymca Of Greater Monmouth County Inc consistently show 0% for officer compensation. This is highly unusual and suggests either a reporting error, a unique compensation structure where officers are paid by a related entity not disclosed, or that the organization's highest-paid individuals are not classified as 'officers' for reporting purposes. This practice significantly reduces transparency.
How has the organization's financial health changed over time?
The organization has experienced significant growth in assets, from $10,167,320 in 201908 to $23,106,645 in 202306. Revenue has also shown an upward trend, with the latest reported revenue at $22,810,992, recovering from a dip in 202106 ($12,854,882). While there have been periods of operational deficits (e.g., 202306 and 202106), the overall trend indicates financial strengthening and expansion.
What are the liabilities of the organization?
Liabilities have increased in recent years, from $6,419,887 in 201908 to $14,118,397 in 202306. This increase in liabilities should be monitored, though it is not necessarily a negative sign if it corresponds to asset acquisition or program expansion.
Filing History
IRS 990 filing history for Ymca Of Greater Monmouth County Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ymca Of Greater Monmouth County Inc's revenue has grown by 57.8%, moving from $14.5M to $22.8M. Total assets increased by 97.5% over the same period, from $11.7M to $23.1M. Total functional expenses rose by 55.7%, from $14.7M to $22.9M. In its most recent filing year (2023), Ymca Of Greater Monmouth County Inc reported a deficit of $126K, with expenses exceeding revenue. The organization holds $14.1M in liabilities against $23.1M in assets (debt-to-asset ratio: 61.1%), resulting in net assets of $9.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22.8M | $22.9M | $23.1M | $14.1M | — | — |
| 2022 | $24.2M | $20.1M | $19.3M | $10.2M | — | — |
| 2021 | $12.9M | $14.4M | $18.6M | $13.5M | — | — |
| 2020 | $18.3M | $21.4M | $20.2M | $13.8M | — | — |
| 2019 | $15.6M | $15.6M | $10.2M | $6.4M | — | View 990 |
| 2018 | $14.7M | $14.4M | $9.6M | $5.9M | — | View 990 |
| 2017 | $15.6M | $15.3M | $10.0M | $6.6M | — | View 990 |
| 2016 | $16.5M | $16.4M | $9.5M | $6.5M | — | View 990 |
| 2015 | $15.6M | $16.7M | $10.2M | $7.3M | — | View 990 |
| 2014 | $16.2M | $17.3M | $11.4M | $7.4M | — | View 990 |
| 2013 | $16.3M | $16.3M | $11.4M | $6.4M | — | View 990 |
| 2012 | $14.8M | $15.4M | $10.7M | $5.8M | — | View 990 |
| 2011 | $14.5M | $14.7M | $11.7M | $6.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22.8M, expenses of $22.9M, and assets of $23.1M (revenue -5.6% year-over-year).
- 2022: Revenue of $24.2M, expenses of $20.1M, and assets of $19.3M (revenue +87.9% year-over-year).
- 2021: Revenue of $12.9M, expenses of $14.4M, and assets of $18.6M (revenue -29.9% year-over-year).
- 2020: Revenue of $18.3M, expenses of $21.4M, and assets of $20.2M (revenue +17.2% year-over-year).
- 2019: Revenue of $15.6M, expenses of $15.6M, and assets of $10.2M (revenue +6.3% year-over-year).
- 2018: Revenue of $14.7M, expenses of $14.4M, and assets of $9.6M (revenue -5.7% year-over-year).
- 2017: Revenue of $15.6M, expenses of $15.3M, and assets of $10.0M (revenue -5.5% year-over-year).
- 2016: Revenue of $16.5M, expenses of $16.4M, and assets of $9.5M (revenue +6.1% year-over-year).
- 2015: Revenue of $15.6M, expenses of $16.7M, and assets of $10.2M (revenue -3.9% year-over-year).
- 2014: Revenue of $16.2M, expenses of $17.3M, and assets of $11.4M (revenue -0.8% year-over-year).
- 2013: Revenue of $16.3M, expenses of $16.3M, and assets of $11.4M (revenue +10.2% year-over-year).
- 2012: Revenue of $14.8M, expenses of $15.4M, and assets of $10.7M (revenue +2.5% year-over-year).
- 2011: Revenue of $14.5M, expenses of $14.7M, and assets of $11.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ymca Of Greater Monmouth County Inc:
Data Sources and Methodology
This transparency report for Ymca Of Greater Monmouth 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.