Ymca Of Plainfield
YMCA of Plainfield: Declining Revenue and Assets Raise Concerns
EIN: 221515227 · Plainfield, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $2.0M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $-393,539 |
| Transparency Score | 65/100 |
Is Ymca Of Plainfield Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ymca Of Plainfield directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ymca Of Plainfield
Ymca Of Plainfield (EIN: 221515227) is a nonprofit organization based in Plainfield, NJ. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ymca Of Plainfield's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ymca Of Plainfield is a mid-size nonprofit, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -4.1%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-169,677 |
| Total Assets | $886K |
| Total Liabilities | $1.3M |
| Net Assets | $-393,539 |
| Operating Margin | -9.4% |
| Debt-to-Asset Ratio | 144.4% |
| Months of Reserves | 5.4 months |
Financial Health Grade: C
In 2017, Ymca Of Plainfield reported a deficit of $170K with expenses exceeding revenue, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 144.4% (high leverage).
Financial Trends
Over 7 years of filings (2011–2017), Ymca Of Plainfield's revenue has declined at a compound annual growth rate (CAGR) of -4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -2.7% | -8.9% | -5.5% |
| 2016 | -11.1% | -5.7% | -14.9% |
| 2015 | -6.1% | -3.3% | -11.6% |
| 2014 | -0.5% | +0.9% | -11.1% |
| 2013 | +3.9% | +2.8% | -4.5% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ymca Of Plainfield 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, Ymca Of Plainfield 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $170K, with expenses exceeding revenue.
- Debt-to-asset ratio: 144.4%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which is highly unusual and suggests potential underreporting or alternative compensation structures that are not transparently disclosed.
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 Plainfield's IRS 990 filings:
- Consistent decline in revenue over the past seven years, from $2,321,622 in 2011 to $1,810,653 in 2017.
- Significant reduction in total assets, nearly halving from $1,621,368 in 2011 to $886,054 in 2017.
- Reported $0 executive compensation across all years, which is a major red flag for transparency and potential hidden compensation.
- Expenses consistently exceed revenue, indicating an unsustainable financial model (e.g., 2017 revenue $1,810,653 vs. expenses $1,980,330).
Strengths
The following positive indicators were identified for Ymca Of Plainfield:
- Despite financial challenges, the organization has maintained operations for several years, suggesting resilience or strong community support.
- The consistent reporting of $0 executive compensation, while a red flag, could also indicate a highly volunteer-driven leadership model, if verified.
Frequently Asked Questions about Ymca Of Plainfield
Is Ymca Of Plainfield a legitimate charity?
Based on AI analysis of IRS 990 filings, Ymca Of Plainfield (EIN: 221515227) some concerns. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.
How does Ymca Of Plainfield spend its money?
Ymca Of Plainfield directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ymca Of Plainfield tax-deductible?
Ymca Of Plainfield is registered as a tax-exempt nonprofit (EIN: 221515227). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ymca Of Plainfield CEO make?
Ymca Of Plainfield's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ymca Of Plainfield's spending goes to programs?
Ymca Of Plainfield directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Ymca Of Plainfield located?
Ymca Of Plainfield is headquartered in Plainfield, New Jersey and files with the IRS under EIN 221515227.
How many years of IRS 990 filings does Ymca Of Plainfield have?
Ymca Of Plainfield has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What does Ymca Of Plainfield do?
Ymca Of Plainfield is a nonprofit organization in the Unknown sector, located in Plainfield, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Ymca Of Plainfield have?
Ymca Of Plainfield reported total revenue of N/A. Based on 7 IRS 990 filings on record.
What are Ymca Of Plainfield's total assets?
Ymca Of Plainfield holds total assets of N/A as reported in IRS 990 filings.
Where is Ymca Of Plainfield located?
Ymca Of Plainfield is based in Plainfield, New Jersey.
What is Ymca Of Plainfield's EIN?
Ymca Of Plainfield's Employer Identification Number (EIN) is 221515227. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Ymca Of Plainfield?
Ymca Of Plainfield is classified under NTEE code Unknown (Unknown).
Is Ymca Of Plainfield a registered 501(c)(3)?
Ymca Of Plainfield appears in IRS records (EIN: 221515227). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Ymca Of Plainfield file IRS Form 990?
Yes, Ymca Of Plainfield has 7 IRS Form 990 filings on record. The most recent covers tax period 201712.
What was Ymca Of Plainfield's revenue in 2017?
In the 201712 filing period, Ymca Of Plainfield reported total revenue of $1,810,653, total expenses of $1,980,330, and net assets of $886,054.
Is Ymca Of Plainfield's revenue growing or declining?
Ymca Of Plainfield's revenue is relatively stable. Revenue went from $1,860,894 (201612) to $1,810,653 (201712), a -2.7% change. Based on 7 filings on record.
What is Ymca Of Plainfield's most recent 990 filing?
The most recent IRS Form 990 filing for Ymca Of Plainfield covers tax period 201712. It shows revenue of $1,810,653, expenses of $1,980,330, total assets of $886,054, and liabilities of $1,279,593.
How much does Ymca Of Plainfield spend on programs vs administration?
Based on IRS 990 analysis, Ymca Of Plainfield allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Ymca Of Plainfield a trustworthy charity?
Based on AI analysis of IRS 990 data, Ymca Of Plainfield shows mixed signals. Mission Score: 65/100 (Good). 4 red flags identified. 2 strengths noted.
What are the red flags for Ymca Of Plainfield?
The following concerns were identified: Consistent decline in revenue over the past seven years, from $2,321,622 in 2011 to $1,810,653 in 2017.. Significant reduction in total assets, nearly halving from $1,621,368 in 2011 to $886,054 in 2017.. Reported $0 executive compensation across all years, which is a major red flag for transparency and potential hidden compensation.. Expenses consistently exceed revenue, indicating an unsustainable financial model (e.g., 2017 revenue $1,810,653 vs. expenses $1,980,330).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Ymca Of Plainfield's strengths?
Positive indicators for Ymca Of Plainfield include: Despite financial challenges, the organization has maintained operations for several years, suggesting resilience or strong community support.. The consistent reporting of $0 executive compensation, while a red flag, could also indicate a highly volunteer-driven leadership model, if verified.. These findings are derived from AI analysis of the organization's financial filings.
How does Ymca Of Plainfield compensate executives?
Executive compensation is reported as $0 across all available filings, which is highly unusual and suggests potential underreporting or alternative compensation structures that are not transparently disclosed. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent decline in revenue and assets, what specific strategic initiatives has the YMCA of Plainfield implemented to reverse these trends and ensure long-term sustainability?
The provided data does not detail specific strategic initiatives. The consistent decline suggests a lack of effective strategies or significant external pressures impacting their financial health.
How does the YMCA of Plainfield manage to operate with reported $0 executive compensation, and what are the actual costs associated with its leadership structure?
The data does not provide an answer. This anomaly strongly suggests that executive compensation is either being paid through non-traditional means, absorbed by a parent organization, or is not being accurately reported in the public filings, requiring further inquiry.
Filing History
IRS 990 filing history for Ymca Of Plainfield showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Ymca Of Plainfield's revenue has declined by 22%, moving from $2.3M to $1.8M. Total assets decreased by 45.4% over the same period, from $1.6M to $886K. Total functional expenses fell by 17.2%, from $2.4M to $2.0M. In its most recent filing year (2017), Ymca Of Plainfield reported a deficit of $170K, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $886K in assets (debt-to-asset ratio: 144.4%), resulting in net assets of $-393,539.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $1.8M | $2.0M | $886K | $1.3M | — | View 990 |
| 2016 | $1.9M | $2.2M | $937K | $1.2M | — | View 990 |
| 2015 | $2.1M | $2.3M | $1.1M | $1.0M | — | View 990 |
| 2014 | $2.2M | $2.4M | $1.2M | $943K | — | View 990 |
| 2013 | $2.2M | $2.4M | $1.4M | $945K | — | View 990 |
| 2012 | $2.2M | $2.3M | $1.5M | $891K | — | View 990 |
| 2011 | $2.3M | $2.4M | $1.6M | $905K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $1.8M, expenses of $2.0M, and assets of $886K (revenue -2.7% year-over-year).
- 2016: Revenue of $1.9M, expenses of $2.2M, and assets of $937K (revenue -11.1% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.3M, and assets of $1.1M (revenue -6.1% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.4M, and assets of $1.2M (revenue -0.5% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.4M, and assets of $1.4M (revenue +3.9% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.3M, and assets of $1.5M (revenue -7.0% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.4M, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ymca Of Plainfield:
Data Sources and Methodology
This transparency report for Ymca Of Plainfield 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.