Young Mens Christian Association Of Garfield New Jersey
YMCA of Garfield NJ: Strong Program Spending, Limited Transparency
EIN: 222324697 · Garfield, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $2.4M |
| Program Spending | 70% |
| Net Assets | $5.9M |
| Transparency Score | 75/100 |
Is Young Mens Christian Association Of Garfield New Jersey 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 Association Of Garfield New Jersey directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Young Mens Christian Association Of Garfield New Jersey
Young Mens Christian Association Of Garfield New Jersey (EIN: 222324697) is a nonprofit organization based in Garfield, NJ. The organization reported total revenue of $3.3M and total assets of $7.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Young Mens Christian Association Of Garfield New Jersey's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Young Mens Christian Association Of Garfield New Jersey is a mid-size nonprofit that has been operating for 32 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$1.0M |
| Total Assets | $7.4M |
| Total Liabilities | $1.5M |
| Net Assets | $5.9M |
| Operating Margin | 30.6% |
| Debt-to-Asset Ratio | 20.3% |
| Months of Reserves | 37.4 months |
Financial Health Grade: A
In 2023, Young Mens Christian Association Of Garfield New Jersey reported a surplus of $1.0M with revenue exceeding expenses, holds 37.4 months of operating reserves (strong position), has a debt-to-asset ratio of 20.3% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Young Mens Christian Association Of Garfield New Jersey's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.6% | +14.3% | +14.4% |
| 2022 | +29.0% | +20.8% | +46.6% |
| 2021 | +65.6% | +24.0% | +34.1% |
| 2020 | -32.1% | -26.9% | +15.9% |
| 2019 | +5.6% | +1.8% | +8.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1994 |
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 Association Of Garfield New Jersey 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Young Mens Christian Association Of Garfield New Jersey allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.3%.
Executive Compensation Analysis
Executive compensation information is not explicitly detailed in the provided data, making a specific assessment difficult without further filings.
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 Association Of Garfield New Jersey's IRS 990 filings:
- Lack of detailed executive compensation information in provided data.
- Limited transparency on program impact and specific initiatives beyond financial summaries.
- No clear 'About Us' or 'Financials' section on a readily available website for public review.
Strengths
The following positive indicators were identified for Young Mens Christian Association Of Garfield New Jersey:
- Consistent revenue growth from $1,474,713 in 2020 to $3,421,819 in 2023, indicating increasing support.
- Healthy asset growth from $3,287,898 in 2020 to $7,400,440 in 2023, strengthening financial position.
- Low liability-to-asset ratio, suggesting good financial health and manageable debt.
- Strong program spending focus based on general YMCA operational models.
Frequently Asked Questions about Young Mens Christian Association Of Garfield New Jersey
Is Young Mens Christian Association Of Garfield New Jersey a legitimate charity?
Young Mens Christian Association Of Garfield New Jersey (EIN: 222324697) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $3.3M. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Young Mens Christian Association Of Garfield New Jersey spend its money?
Young Mens Christian Association Of Garfield New Jersey directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Young Mens Christian Association Of Garfield New Jersey tax-deductible?
Young Mens Christian Association Of Garfield New Jersey is registered as a tax-exempt nonprofit (EIN: 222324697). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Young Mens Christian Association Of Garfield New Jersey's spending goes to programs?
Young Mens Christian Association Of Garfield New Jersey directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Young Mens Christian Association Of Garfield New Jersey located?
Young Mens Christian Association Of Garfield New Jersey is headquartered in Garfield, New Jersey and files with the IRS under EIN 222324697.
How many years of IRS 990 filings does Young Mens Christian Association Of Garfield New Jersey have?
Young Mens Christian Association Of Garfield New Jersey has 14 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 $3.3M in total revenue.
What does Young Mens Christian Association Of Garfield New Jersey do?
Young Mens Christian Association Of Garfield New Jersey is a nonprofit organization in the Unknown sector, located in Garfield, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Young Mens Christian Association Of Garfield New Jersey have?
Young Mens Christian Association Of Garfield New Jersey reported total revenue of $3,256,578. Based on 14 IRS 990 filings on record.
What are Young Mens Christian Association Of Garfield New Jersey's total assets?
Young Mens Christian Association Of Garfield New Jersey holds total assets of $7,856,911 as reported in IRS 990 filings.
Where is Young Mens Christian Association Of Garfield New Jersey located?
Young Mens Christian Association Of Garfield New Jersey is based in Garfield, New Jersey.
What is Young Mens Christian Association Of Garfield New Jersey's EIN?
Young Mens Christian Association Of Garfield New Jersey's Employer Identification Number (EIN) is 222324697. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Young Mens Christian Association Of Garfield New Jersey?
Young Mens Christian Association Of Garfield New Jersey is classified under NTEE code Unknown (Unknown).
Is Young Mens Christian Association Of Garfield New Jersey a registered 501(c)(3)?
Young Mens Christian Association Of Garfield New Jersey appears in IRS records (EIN: 222324697). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Young Mens Christian Association Of Garfield New Jersey file IRS Form 990?
Yes, Young Mens Christian Association Of Garfield New Jersey has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Young Mens Christian Association Of Garfield New Jersey's revenue in 2023?
In the 202312 filing period, Young Mens Christian Association Of Garfield New Jersey reported total revenue of $3,421,819, total expenses of $2,373,895, and net assets of $7,400,440.
Is Young Mens Christian Association Of Garfield New Jersey's revenue growing or declining?
Young Mens Christian Association Of Garfield New Jersey's revenue is growing. Revenue went from $3,149,676 (202212) to $3,421,819 (202312), a +8.6% change. Based on 14 filings on record.
What is Young Mens Christian Association Of Garfield New Jersey's most recent 990 filing?
The most recent IRS Form 990 filing for Young Mens Christian Association Of Garfield New Jersey covers tax period 202312. It shows revenue of $3,421,819, expenses of $2,373,895, total assets of $7,400,440, and liabilities of $1,498,841.
How much does Young Mens Christian Association Of Garfield New Jersey spend on programs vs administration?
Based on IRS 990 analysis, Young Mens Christian Association Of Garfield New Jersey allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Young Mens Christian Association Of Garfield New Jersey a trustworthy charity?
Based on AI analysis of IRS 990 data, Young Mens Christian Association Of Garfield New Jersey appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 4 strengths noted.
What are the red flags for Young Mens Christian Association Of Garfield New Jersey?
The following concerns were identified: Lack of detailed executive compensation information in provided data.. Limited transparency on program impact and specific initiatives beyond financial summaries.. No clear 'About Us' or 'Financials' section on a readily available website for public review.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Young Mens Christian Association Of Garfield New Jersey's strengths?
Positive indicators for Young Mens Christian Association Of Garfield New Jersey include: Consistent revenue growth from $1,474,713 in 2020 to $3,421,819 in 2023, indicating increasing support.. Healthy asset growth from $3,287,898 in 2020 to $7,400,440 in 2023, strengthening financial position.. Low liability-to-asset ratio, suggesting good financial health and manageable debt.. Strong program spending focus based on general YMCA operational models.. These findings are derived from AI analysis of the organization's financial filings.
How does Young Mens Christian Association Of Garfield New Jersey compensate executives?
Executive compensation information is not explicitly detailed in the provided data, making a specific assessment difficult without further filings. 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 Association Of Garfield New Jersey?
• Financial statements are publicly available through IRS Form 990 filings. • The organization's website does not appear to provide a dedicated transparency or financial reporting section. • Detailed program impact reports are not readily accessible. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What specific programs are driving the significant revenue and asset growth observed between 2020 and 2023?
The provided data indicates substantial growth in revenue from $1,474,713 in 2020 to $3,421,819 in 2023 and assets from $3,287,898 to $7,400,440 over the same period. However, the data does not specify which particular programs or initiatives contributed most to this growth, requiring a deeper dive into their annual reports or program descriptions.
Filing History
IRS 990 filing history for Young Mens Christian Association Of Garfield New Jersey showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Young Mens Christian Association Of Garfield New Jersey's revenue has grown by 39.5%, moving from $2.5M to $3.4M. Total assets increased by 146.2% over the same period, from $3.0M to $7.4M. Total functional expenses fell by 6.4%, from $2.5M to $2.4M. In its most recent filing year (2023), Young Mens Christian Association Of Garfield New Jersey reported a surplus of $1.0M, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $7.4M in assets (debt-to-asset ratio: 20.3%), resulting in net assets of $5.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $2.4M | $7.4M | $1.5M | — | — |
| 2022 | $3.1M | $2.1M | $6.5M | $1.6M | — | — |
| 2021 | $2.4M | $1.7M | $4.4M | $629K | — | View 990 |
| 2020 | $1.5M | $1.4M | $3.3M | $668K | — | View 990 |
| 2019 | $2.2M | $1.9M | $2.8M | $304K | — | View 990 |
| 2018 | $2.1M | $1.9M | $2.6M | $351K | — | View 990 |
| 2017 | $2.2M | $2.2M | $2.4M | $360K | — | View 990 |
| 2016 | $2.6M | $2.5M | $2.5M | $378K | — | View 990 |
| 2015 | $2.5M | $2.5M | $2.5M | $492K | — | View 990 |
| 2014 | $2.4M | $2.6M | $2.4M | $460K | — | View 990 |
| 2013 | $2.5M | $2.5M | $2.6M | $529K | — | View 990 |
| 2012 | $2.5M | $2.6M | $2.7M | $585K | — | View 990 |
| 2011 | $2.7M | $2.6M | $2.8M | $619K | — | View 990 |
| 2010 | $2.5M | $2.5M | $3.0M | $707K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $2.4M, and assets of $7.4M (revenue +8.6% year-over-year).
- 2022: Revenue of $3.1M, expenses of $2.1M, and assets of $6.5M (revenue +29.0% year-over-year).
- 2021: Revenue of $2.4M, expenses of $1.7M, and assets of $4.4M (revenue +65.6% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.4M, and assets of $3.3M (revenue -32.1% year-over-year).
- 2019: Revenue of $2.2M, expenses of $1.9M, and assets of $2.8M (revenue +5.6% year-over-year).
- 2018: Revenue of $2.1M, expenses of $1.9M, and assets of $2.6M (revenue -7.2% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.2M, and assets of $2.4M (revenue -15.5% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.5M, and assets of $2.5M (revenue +5.4% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.5M, and assets of $2.5M (revenue +2.4% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.6M, and assets of $2.4M (revenue -3.1% year-over-year).
- 2013: Revenue of $2.5M, expenses of $2.5M, and assets of $2.6M (revenue -1.5% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.6M, and assets of $2.7M (revenue -4.6% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.6M, and assets of $2.8M (revenue +8.6% year-over-year).
- 2010: Revenue of $2.5M, expenses of $2.5M, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Young Mens Christian Association Of Garfield New Jersey:
Data Sources and Methodology
This transparency report for Young Mens Christian Association Of Garfield New Jersey 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.