Young Mens Christian Assoc
YMCA of Paterson: Stable Finances, Program Focus, and Transparency Gaps
EIN: 221487389 · Paterson, NJ · NTEE: P27Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $3.9M |
| Program Spending | 85% |
| Net Assets | $4.9M |
| Transparency Score | 75/100 |
Is Young Mens Christian Assoc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Young Mens Christian Assoc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Young Mens Christian Assoc
Young Mens Christian Assoc (EIN: 221487389) is a nonprofit organization based in Paterson, NJ, classified under NTEE code P27Z. The organization reported total revenue of $3.8M and total assets of $5.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Young Mens Christian Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Young Mens Christian Assoc is a mid-size nonprofit that has been operating for 74 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.0M |
| Total Expenses | $3.9M |
| Surplus / Deficit | +$122K |
| Total Assets | $5.9M |
| Total Liabilities | $1.1M |
| Net Assets | $4.9M |
| Operating Margin | 3.0% |
| Debt-to-Asset Ratio | 18.1% |
| Months of Reserves | 18.4 months |
Financial Health Grade: A
In 2023, Young Mens Christian Assoc reported a surplus of $122K with revenue exceeding expenses, holds 18.4 months of operating reserves (strong position), has a debt-to-asset ratio of 18.1% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Young Mens Christian Assoc's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.0% | +10.2% | +1.1% |
| 2022 | +21.2% | +10.4% | +3.1% |
| 2021 | -8.1% | -6.9% | +3.3% |
| 2020 | -0.4% | -6.4% | +17.7% |
| 2018 | +1.3% | +4.6% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1952 |
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 Young Mens Christian Assoc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Young Mens Christian Assoc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $122K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.1%.
Executive Compensation Analysis
Executive compensation details are not provided in the given data, preventing an assessment of its reasonableness relative to the organization's 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 Young Mens Christian Assoc's IRS 990 filings:
- Lack of specific executive compensation data in provided filings.
- Limited public information on program outcomes and impact metrics.
Strengths
The following positive indicators were identified for Young Mens Christian Assoc:
- Consistent revenue generation over several years, with 2023 revenue at $3,999,139.
- Healthy asset base, with $5,938,165 in assets as of 2023.
- Low liability-to-asset ratio, indicating strong financial stability.
- Consistent program spending, suggesting a focus on mission delivery.
Frequently Asked Questions about Young Mens Christian Assoc
Is Young Mens Christian Assoc a legitimate charity?
Based on AI analysis of IRS 990 filings, Young Mens Christian Assoc (EIN: 221487389) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Young Mens Christian Assoc spend its money?
Young Mens Christian Assoc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Young Mens Christian Assoc tax-deductible?
Young Mens Christian Assoc is registered as a tax-exempt nonprofit (EIN: 221487389). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Young Mens Christian Assoc's spending goes to programs?
Young Mens Christian Assoc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Young Mens Christian Assoc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Young Mens Christian Assoc is above average for NTEE category P27Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Young Mens Christian Assoc located?
Young Mens Christian Assoc is headquartered in Paterson, New Jersey and files with the IRS under EIN 221487389. It is classified under NTEE code P27Z.
How many years of IRS 990 filings does Young Mens Christian Assoc have?
Young Mens Christian Assoc has 11 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 $3.8M in total revenue.
What does Young Mens Christian Assoc do?
Young Mens Christian Assoc is a nonprofit organization in the Human Services sector, located in Paterson, New Jersey. It is classified under NTEE code P27Z.
How much revenue does Young Mens Christian Assoc have?
Young Mens Christian Assoc reported total revenue of $3,766,299. Based on 11 IRS 990 filings on record.
What are Young Mens Christian Assoc's total assets?
Young Mens Christian Assoc holds total assets of $5,603,236 as reported in IRS 990 filings.
Where is Young Mens Christian Assoc located?
Young Mens Christian Assoc is based in Paterson, New Jersey.
What is Young Mens Christian Assoc's EIN?
Young Mens Christian Assoc's Employer Identification Number (EIN) is 221487389. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Young Mens Christian Assoc?
Young Mens Christian Assoc is classified under NTEE code P27Z (Human Services).
Is Young Mens Christian Assoc a registered 501(c)(3)?
Yes, Young Mens Christian Assoc is recognized as a tax-exempt organization by the IRS. EIN: 221487389.
Does Young Mens Christian Assoc file IRS Form 990?
Yes, Young Mens Christian Assoc has 11 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Young Mens Christian Assoc's revenue in 2023?
In the 202306 filing period, Young Mens Christian Assoc reported total revenue of $3,999,139, total expenses of $3,877,307, and net assets of $5,938,165.
Is Young Mens Christian Assoc's revenue growing or declining?
Young Mens Christian Assoc's revenue is relatively stable. Revenue went from $4,081,632 (202206) to $3,999,139 (202306), a -2.0% change. Based on 11 filings on record.
What is Young Mens Christian Assoc's most recent 990 filing?
The most recent IRS Form 990 filing for Young Mens Christian Assoc covers tax period 202306. It shows revenue of $3,999,139, expenses of $3,877,307, total assets of $5,938,165, and liabilities of $1,075,448.
How much does Young Mens Christian Assoc spend on programs vs administration?
Based on IRS 990 analysis, Young Mens Christian Assoc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Young Mens Christian Assoc a trustworthy charity?
Based on AI analysis of IRS 990 data, Young Mens Christian Assoc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 4 strengths noted.
What are the red flags for Young Mens Christian Assoc?
The following concerns were identified: Lack of specific executive compensation data in provided filings.. Limited public information on program outcomes and impact metrics.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Young Mens Christian Assoc's strengths?
Positive indicators for Young Mens Christian Assoc include: Consistent revenue generation over several years, with 2023 revenue at $3,999,139.. Healthy asset base, with $5,938,165 in assets as of 2023.. Low liability-to-asset ratio, indicating strong financial stability.. Consistent program spending, suggesting a focus on mission delivery.. These findings are derived from AI analysis of the organization's financial filings.
How does Young Mens Christian Assoc compensate executives?
Executive compensation details are not provided in the given data, preventing an assessment of its reasonableness relative to the organization's size and mission. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Young Mens Christian Assoc?
• The organization's 990 forms are publicly available, detailing financial activities. • Specific program outcome metrics or detailed impact reports are not readily apparent from the provided data, limiting a full understanding of program effectiveness. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the YMCA of Paterson ensure its programs are effectively meeting community needs given the absence of detailed outcome reporting?
While the provided data shows consistent program expenditures, the lack of specific outcome reporting makes it challenging to assess the direct impact and effectiveness of these programs on the community. Further investigation into internal program evaluations or impact studies would be necessary.
What is the organization's strategy for maintaining its strong asset base and how does it plan to leverage these assets for future growth or program expansion?
The YMCA of Paterson has maintained a robust asset base, reaching $5,938,165 in 2023. The provided data does not detail the specific strategies for asset management or future leveraging, but this strong financial position provides a solid foundation for potential strategic initiatives or capital improvements.
Filing History
IRS 990 filing history for Young Mens Christian Assoc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Young Mens Christian Assoc's revenue has declined by 12.1%, moving from $4.6M to $4.0M. Total assets increased by 1.3% over the same period, from $5.9M to $5.9M. Total functional expenses fell by 20%, from $4.8M to $3.9M. In its most recent filing year (2023), Young Mens Christian Assoc reported a surplus of $122K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $5.9M in assets (debt-to-asset ratio: 18.1%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.0M | $3.9M | $5.9M | $1.1M | — | View 990 |
| 2022 | $4.1M | $3.5M | $5.9M | $1.1M | — | View 990 |
| 2021 | $3.4M | $3.2M | $5.7M | $1.5M | — | — |
| 2020 | $3.7M | $3.4M | $5.5M | $1.5M | — | View 990 |
| 2018 | $3.7M | $3.7M | $4.7M | $1.0M | — | View 990 |
| 2017 | $3.6M | $3.5M | $4.8M | $1.1M | — | View 990 |
| 2016 | $3.5M | $3.6M | $4.8M | $1.3M | — | View 990 |
| 2015 | $4.4M | $4.4M | $5.1M | $1.5M | — | View 990 |
| 2013 | $4.3M | $4.2M | $5.5M | $2.2M | — | View 990 |
| 2012 | $4.6M | $4.7M | $5.6M | $2.4M | — | View 990 |
| 2011 | $4.6M | $4.8M | $5.9M | $2.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.0M, expenses of $3.9M, and assets of $5.9M (revenue -2.0% year-over-year).
- 2022: Revenue of $4.1M, expenses of $3.5M, and assets of $5.9M (revenue +21.2% year-over-year).
- 2021: Revenue of $3.4M, expenses of $3.2M, and assets of $5.7M (revenue -8.1% year-over-year).
- 2020: Revenue of $3.7M, expenses of $3.4M, and assets of $5.5M (revenue -0.4% year-over-year).
- 2018: Revenue of $3.7M, expenses of $3.7M, and assets of $4.7M (revenue +1.3% year-over-year).
- 2017: Revenue of $3.6M, expenses of $3.5M, and assets of $4.8M (revenue +2.6% year-over-year).
- 2016: Revenue of $3.5M, expenses of $3.6M, and assets of $4.8M (revenue -19.4% year-over-year).
- 2015: Revenue of $4.4M, expenses of $4.4M, and assets of $5.1M (revenue +2.4% year-over-year).
- 2013: Revenue of $4.3M, expenses of $4.2M, and assets of $5.5M (revenue -5.8% year-over-year).
- 2012: Revenue of $4.6M, expenses of $4.7M, and assets of $5.6M (revenue +-0.0% year-over-year).
- 2011: Revenue of $4.6M, expenses of $4.8M, and assets of $5.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Young Mens Christian Assoc:
Data Sources and Methodology
This transparency report for Young Mens Christian Assoc 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.