Ymca Of Plattsburgh Inc
Ymca Of Plattsburgh Inc experiences significant revenue growth and maintains zero officer compensation.
EIN: 141340011 · Plattsburgh, NY · NTEE: O50 · Updated: 2026-03-28
About Ymca Of Plattsburgh Inc
Ymca Of Plattsburgh Inc (EIN: 141340011) is a nonprofit organization based in Plattsburgh, NY, classified under NTEE code O50. The organization reported total revenue of $6.1M and total assets of $5.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ymca Of Plattsburgh 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 Ymca Of Plattsburgh Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Ymca Of Plattsburgh Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size with over $6 million in revenue and suggests a strong volunteer leadership model or that compensation is covered by an umbrella organization, which enhances the organization's financial efficiency.
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.
Strengths
The following positive indicators were identified for Ymca Of Plattsburgh Inc:
- Significant revenue growth in the latest filing period (from $3.6M to $6.1M).
- Consistent reporting of 0% officer compensation, indicating high efficiency and transparency.
- Healthy increase in assets, demonstrating strong financial stability and capacity.
- Positive net income in the latest period ($6,110,005 revenue vs. $3,684,785 expenses).
Frequently Asked Questions about Ymca Of Plattsburgh Inc
Is Ymca Of Plattsburgh Inc a good charity?
Based on the available financial data, the Ymca Of Plattsburgh Inc appears to be a very good charity. It demonstrates strong financial health with significant revenue growth, a healthy surplus, and a remarkable commitment to efficiency by reporting 0% officer compensation.
How has the organization's financial health changed over time?
The organization has shown consistent growth in revenue and assets over the past decade, with a particularly strong surge in revenue from $3,679,244 in 2022 to $6,110,005 in 2023, and assets increasing from $2,931,287 to $5,427,912 in the same period, indicating improving financial health.
What is the organization's approach to executive compensation?
The Ymca Of Plattsburgh Inc reports 0% officer compensation in all available filings, suggesting a highly efficient model where executive leadership is either volunteer-based or compensated through an external entity, allowing more funds to be directed to programs.
Filing History
IRS 990 filing history for Ymca Of Plattsburgh Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Ymca Of Plattsburgh Inc's revenue has grown by 170.5%, moving from $2.3M to $6.1M. Total assets increased by 154.7% over the same period, from $2.1M to $5.4M. Total functional expenses rose by 57.1%, from $2.3M to $3.7M. In its most recent filing year (2023), Ymca Of Plattsburgh Inc reported a surplus of $2.4M, with revenue exceeding expenses. The organization holds $658K in liabilities against $5.4M in assets (debt-to-asset ratio: 12.1%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $6.1M | $3.7M | $5.4M | $658K | — | View 990 |
| 2022 | $3.7M | $3.3M | $2.9M | $609K | — | View 990 |
| 2021 | $3.2M | $2.7M | $2.5M | $595K | — | View 990 |
| 2020 | $2.5M | $2.3M | $2.0M | $714K | — | — |
| 2019 | $2.6M | $2.5M | $1.8M | $705K | — | View 990 |
| 2018 | $2.4M | $2.4M | $1.7M | $679K | — | View 990 |
| 2017 | $2.2M | $2.2M | $1.7M | $757K | — | — |
| 2015 | $2.1M | $2.1M | $1.9M | $712K | — | View 990 |
| 2014 | $2.0M | $2.0M | $2.0M | $863K | — | View 990 |
| 2013 | $1.9M | $2.0M | $2.0M | $855K | — | View 990 |
| 2012 | $2.2M | $2.1M | $2.1M | $934K | — | View 990 |
| 2011 | $2.3M | $2.3M | $2.1M | $990K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.1M, expenses of $3.7M, and assets of $5.4M (revenue +66.1% year-over-year).
- 2022: Revenue of $3.7M, expenses of $3.3M, and assets of $2.9M (revenue +14.4% year-over-year).
- 2021: Revenue of $3.2M, expenses of $2.7M, and assets of $2.5M (revenue +29.7% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.3M, and assets of $2.0M (revenue -6.0% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.5M, and assets of $1.8M (revenue +9.3% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.4M, and assets of $1.7M (revenue +7.5% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.2M, and assets of $1.7M (revenue +4.4% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.1M, and assets of $1.9M (revenue +5.6% year-over-year).
- 2014: Revenue of $2.0M, expenses of $2.0M, and assets of $2.0M (revenue +5.4% year-over-year).
- 2013: Revenue of $1.9M, expenses of $2.0M, and assets of $2.0M (revenue -10.9% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.1M, and assets of $2.1M (revenue -4.1% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.3M, and assets of $2.1M.
Data Sources and Methodology
This transparency report for Ymca Of Plattsburgh 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.