Young Mens Christian Association Of Greater Nashua
Nashua YMCA shows consistent revenue growth and asset accumulation, with zero reported officer compensation across all filings.
EIN: 20222250 · Nashua, NH · NTEE: P27Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $28.1M |
| Total Expenses | $17.0M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $15 |
| Net Assets | $15.9M |
| Transparency Score | 75/100 |
Is Young Mens Christian Association Of Greater Nashua 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 Greater Nashua directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Young Mens Christian Association Of Greater Nashua
Young Mens Christian Association Of Greater Nashua (EIN: 20222250) is a nonprofit organization based in Nashua, NH, classified under NTEE code P27Z. The organization reported total revenue of $28.1M and total assets of $30.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Young Mens Christian Association Of Greater Nashua's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Young Mens Christian Association Of Greater Nashua is a large nonprofit that has been operating for 84 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $17.8M |
| Total Expenses | $17.0M |
| Surplus / Deficit | +$806K |
| Total Assets | $28.7M |
| Total Liabilities | $12.8M |
| Net Assets | $15.9M |
| Operating Margin | 4.5% |
| Debt-to-Asset Ratio | 44.6% |
| Months of Reserves | 20.2 months |
Financial Health Grade: A
In 2024, Young Mens Christian Association Of Greater Nashua reported a surplus of $806K with revenue exceeding expenses, holds 20.2 months of operating reserves (strong position), has a debt-to-asset ratio of 44.6% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Young Mens Christian Association Of Greater Nashua's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +12.8% | +7.6% | +3.7% |
| 2023 | -0.8% | +11.0% | +2.9% |
| 2022 | +16.2% | +8.6% | -3.8% |
| 2021 | +7.4% | +3.1% | +9.5% |
| 2020 | -5.3% | -4.8% | +1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 1942 |
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 Greater Nashua 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: 80%
- fundraising: 10%
According to IRS 990 filings, Young Mens Christian Association Of Greater Nashua 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $806K, with revenue exceeding expenses.
- Debt-to-asset ratio: 44.6%.
Executive Compensation Analysis
The organization consistently reports 0% for officer compensation across all 14 filings, which is highly unusual for a nonprofit with annual revenues exceeding $15 million in recent years. This suggests either a unique compensation structure where officers are not directly compensated or a reporting anomaly that impacts transparency regarding executive pay.
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 Greater Nashua's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and could indicate a lack of transparency in executive pay reporting.
- Increasing liabilities over the past decade, from $6.5M in 2015 to $12.7M in 2024, warranting further investigation into their nature and management.
Strengths
The following positive indicators were identified for Young Mens Christian Association Of Greater Nashua:
- Consistent revenue growth over the past decade, from $10.4M in 2015 to $17.7M in 2024 (latest filing), indicating strong financial support.
- Healthy asset growth, with assets nearly doubling from $16.3M in 2015 to $28.6M in 2024, demonstrating increasing financial capacity.
- Generally positive net income (revenue exceeding expenses) in most recent periods, suggesting sound operational management.
- Strong financial stability with assets significantly exceeding liabilities ($28.6M assets vs. $12.7M liabilities in 2024).
Frequently Asked Questions about Young Mens Christian Association Of Greater Nashua
Is Young Mens Christian Association Of Greater Nashua a legitimate charity?
Based on AI analysis of IRS 990 filings, Young Mens Christian Association Of Greater Nashua (EIN: 20222250) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Young Mens Christian Association Of Greater Nashua spend its money?
Young Mens Christian Association Of Greater Nashua directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Young Mens Christian Association Of Greater Nashua tax-deductible?
Young Mens Christian Association Of Greater Nashua is registered as a tax-exempt nonprofit (EIN: 20222250). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Young Mens Christian Association Of Greater Nashua CEO make?
Young Mens Christian Association Of Greater Nashua's highest-compensated officer earns $15 annually. The organization reported $28.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Young Mens Christian Association Of Greater Nashua's spending goes to programs?
Young Mens Christian Association Of Greater Nashua directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Young Mens Christian Association Of Greater Nashua compare to similar nonprofits?
With a transparency score of 75/100 (Good), Young Mens Christian Association Of Greater Nashua 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 Association Of Greater Nashua located?
Young Mens Christian Association Of Greater Nashua is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20222250. It is classified under NTEE code P27Z.
How many years of IRS 990 filings does Young Mens Christian Association Of Greater Nashua have?
Young Mens Christian Association Of Greater Nashua 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 $28.1M in total revenue.
How does the Young Mens Christian Association Of Greater Nashua manage to report 0% officer compensation given its size and revenue?
The consistent reporting of 0% for officer compensation across all filings is highly unusual for an organization with revenues in the tens of millions. This could indicate that officers are compensated through other means not categorized as 'officer compensation' on the 990, or that they are entirely volunteer-based at the officer level, which would be exceptional for an organization of this scale. Further detail from the organization's full 990 forms would be needed to understand this.
What is the actual breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. While a general spending breakdown was estimated for this analysis, a precise understanding of efficiency requires access to the full IRS Form 990, Part IX, Statement of Functional Expenses.
What is the long-term strategy for managing the increasing liabilities?
Liabilities have shown an upward trend, from $6,596,023 in 201508 to $12,774,434 in 202408. While assets have grown faster, understanding the nature of these liabilities (e.g., program-related debt, capital expenditures) and the organization's repayment strategy is important for long-term financial health.
What specific programs are supported by the organization's revenue?
As a YMCA, it's generally understood that programs include youth development, healthy living, and social responsibility initiatives. However, without access to the full 990, specific program details and their associated costs are not available in this summary data.
Filing History
IRS 990 filing history for Young Mens Christian Association Of Greater Nashua showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Young Mens Christian Association Of Greater Nashua's revenue has grown by 158.7%, moving from $6.9M to $17.8M. Total assets increased by 67.6% over the same period, from $17.1M to $28.7M. Total functional expenses rose by 177.8%, from $6.1M to $17.0M. In its most recent filing year (2024), Young Mens Christian Association Of Greater Nashua reported a surplus of $806K, with revenue exceeding expenses. The organization holds $12.8M in liabilities against $28.7M in assets (debt-to-asset ratio: 44.6%), resulting in net assets of $15.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $17.8M | $17.0M | $28.7M | $12.8M | — | View 990 |
| 2023 | $15.8M | $15.8M | $27.6M | $13.8M | — | View 990 |
| 2022 | $15.9M | $14.2M | $26.9M | $13.3M | — | View 990 |
| 2021 | $13.7M | $13.1M | $27.9M | $13.6M | — | View 990 |
| 2020 | $12.7M | $12.7M | $25.5M | $14.0M | — | View 990 |
| 2019 | $13.5M | $13.3M | $25.0M | $13.8M | — | View 990 |
| 2018 | $12.7M | $12.3M | $21.0M | $9.7M | — | View 990 |
| 2017 | $12.2M | $11.4M | $18.6M | $7.4M | — | View 990 |
| 2016 | $11.3M | $10.8M | $17.2M | $6.6M | — | View 990 |
| 2015 | $10.4M | $10.2M | $16.4M | $6.6M | — | View 990 |
| 2014 | $9.2M | $8.8M | $16.3M | $6.9M | — | View 990 |
| 2013 | $8.5M | $8.2M | $16.0M | $7.1M | — | View 990 |
| 2012 | $7.7M | $7.5M | $15.7M | $7.6M | — | View 990 |
| 2011 | $6.9M | $6.1M | $17.1M | $8.5M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $17.8M, expenses of $17.0M, and assets of $28.7M (revenue +12.8% year-over-year).
- 2023: Revenue of $15.8M, expenses of $15.8M, and assets of $27.6M (revenue -0.8% year-over-year).
- 2022: Revenue of $15.9M, expenses of $14.2M, and assets of $26.9M (revenue +16.2% year-over-year).
- 2021: Revenue of $13.7M, expenses of $13.1M, and assets of $27.9M (revenue +7.4% year-over-year).
- 2020: Revenue of $12.7M, expenses of $12.7M, and assets of $25.5M (revenue -5.3% year-over-year).
- 2019: Revenue of $13.5M, expenses of $13.3M, and assets of $25.0M (revenue +6.0% year-over-year).
- 2018: Revenue of $12.7M, expenses of $12.3M, and assets of $21.0M (revenue +4.3% year-over-year).
- 2017: Revenue of $12.2M, expenses of $11.4M, and assets of $18.6M (revenue +7.7% year-over-year).
- 2016: Revenue of $11.3M, expenses of $10.8M, and assets of $17.2M (revenue +8.5% year-over-year).
- 2015: Revenue of $10.4M, expenses of $10.2M, and assets of $16.4M (revenue +13.7% year-over-year).
- 2014: Revenue of $9.2M, expenses of $8.8M, and assets of $16.3M (revenue +7.7% year-over-year).
- 2013: Revenue of $8.5M, expenses of $8.2M, and assets of $16.0M (revenue +10.7% year-over-year).
- 2012: Revenue of $7.7M, expenses of $7.5M, and assets of $15.7M (revenue +11.6% year-over-year).
- 2011: Revenue of $6.9M, expenses of $6.1M, and assets of $17.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Young Mens Christian Association Of Greater Nashua:
Data Sources and Methodology
This transparency report for Young Mens Christian Association Of Greater Nashua 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.