Young Mens Christian Association Sanford Springvale
Sanford Springvale YMCA maintains stable assets and reports no officer compensation, despite recent minor operating deficits.
EIN: 10211814 · Sanford, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $3.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $6.9M |
| Transparency Score | 85/100 |
Is Young Mens Christian Association Sanford Springvale 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 Sanford Springvale directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Young Mens Christian Association Sanford Springvale
Young Mens Christian Association Sanford Springvale (EIN: 10211814) is a nonprofit organization based in Sanford, ME. The organization reported total revenue of $4.3M and total assets of $9.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Young Mens Christian Association Sanford Springvale's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Young Mens Christian Association Sanford Springvale is a mid-size nonprofit that has been operating for 66 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $3.9M |
| Surplus / Deficit | $-120,074 |
| Total Assets | $8.8M |
| Total Liabilities | $1.8M |
| Net Assets | $6.9M |
| Operating Margin | -3.2% |
| Debt-to-Asset Ratio | 20.8% |
| Months of Reserves | 26.8 months |
Financial Health Grade: B
In 2023, Young Mens Christian Association Sanford Springvale reported a deficit of $120K with expenses exceeding revenue, holds 26.8 months of operating reserves (strong position), has a debt-to-asset ratio of 20.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Young Mens Christian Association Sanford Springvale's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.7% | +13.0% | +2.1% |
| 2022 | -0.7% | +19.3% | -6.1% |
| 2021 | +44.4% | +7.0% | +11.8% |
| 2020 | -14.3% | -10.6% | +2.5% |
| 2019 | +1.8% | +3.1% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1960 |
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 Sanford Springvale with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Young Mens Christian Association Sanford Springvale 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 deficit of $120K, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with annual revenues exceeding $3 million. This suggests that executive leadership may be compensated through other expense categories or is entirely volunteer-based.
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 Sanford Springvale's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size, which may obscure actual executive compensation if it's reported elsewhere.
- Operating deficit in 2023 ($120,074), indicating expenses outpaced revenue for the year.
Strengths
The following positive indicators were identified for Young Mens Christian Association Sanford Springvale:
- Consistent growth in assets over the past decade, from $5,895,956 in 2015 to $8,753,176 in 2023.
- Stable liabilities, indicating responsible debt management.
- Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting.
- Positive operating surpluses in 2021 and 2022, showing periods of strong financial performance.
Frequently Asked Questions about Young Mens Christian Association Sanford Springvale
Is Young Mens Christian Association Sanford Springvale a legitimate charity?
Young Mens Christian Association Sanford Springvale (EIN: 10211814) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.3M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Young Mens Christian Association Sanford Springvale spend its money?
Young Mens Christian Association Sanford Springvale directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Young Mens Christian Association Sanford Springvale tax-deductible?
Young Mens Christian Association Sanford Springvale is registered as a tax-exempt nonprofit (EIN: 10211814). 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 Sanford Springvale CEO make?
Young Mens Christian Association Sanford Springvale's highest-compensated officer earns $3 annually. The organization reported $4.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Young Mens Christian Association Sanford Springvale's spending goes to programs?
Young Mens Christian Association Sanford Springvale directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Young Mens Christian Association Sanford Springvale located?
Young Mens Christian Association Sanford Springvale is headquartered in Sanford, Maine and files with the IRS under EIN 10211814.
How many years of IRS 990 filings does Young Mens Christian Association Sanford Springvale have?
Young Mens Christian Association Sanford Springvale has 13 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 $4.3M in total revenue.
How is executive leadership compensated if officer compensation is consistently reported as 0%?
The IRS 990 filings for Young Mens Christian Association Sanford Springvale consistently show 0% officer compensation. This could mean that executive leaders are volunteers, or their compensation is categorized under other expense lines, such as salaries and wages for non-officer staff, or as independent contractor fees, which would not appear in the 'officer compensation' line item.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not include a detailed breakdown of program, administrative, and fundraising expenses. To fully assess spending efficiency, a deeper dive into the organization's functional expense statement on its IRS Form 990 would be necessary.
Why did the organization experience a deficit of $120,074 in 2023?
In 2023, the organization's expenses ($3,914,586) exceeded its revenue ($3,794,512) by $120,074. Without further detail from the 990, the specific reasons for this deficit are unclear, but it could be due to increased operational costs, investment in new programs, or a temporary dip in revenue.
Filing History
IRS 990 filing history for Young Mens Christian Association Sanford Springvale showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Young Mens Christian Association Sanford Springvale's revenue has grown by 93.4%, moving from $2.0M to $3.8M. Total assets increased by 75.2% over the same period, from $5.0M to $8.8M. Total functional expenses rose by 126.5%, from $1.7M to $3.9M. In its most recent filing year (2023), Young Mens Christian Association Sanford Springvale reported a deficit of $120K, with expenses exceeding revenue. The organization holds $1.8M in liabilities against $8.8M in assets (debt-to-asset ratio: 20.8%), resulting in net assets of $6.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $3.9M | $8.8M | $1.8M | — | — |
| 2022 | $3.7M | $3.5M | $8.6M | $1.8M | — | View 990 |
| 2021 | $3.7M | $2.9M | $9.1M | $1.9M | — | View 990 |
| 2020 | $2.6M | $2.7M | $8.2M | $2.2M | — | View 990 |
| 2019 | $3.0M | $3.0M | $8.0M | $1.9M | — | View 990 |
| 2018 | $2.9M | $2.9M | $7.6M | $2.0M | — | View 990 |
| 2017 | $2.5M | $2.3M | $8.0M | $2.0M | — | View 990 |
| 2016 | $2.2M | $2.1M | $6.1M | $647K | — | View 990 |
| 2015 | $2.0M | $2.0M | $5.9M | $625K | — | View 990 |
| 2014 | $1.9M | $2.0M | $6.0M | $615K | — | View 990 |
| 2013 | $2.1M | $1.9M | $6.1M | $628K | — | View 990 |
| 2012 | $2.0M | $1.9M | $5.5M | $605K | — | View 990 |
| 2011 | $2.0M | $1.7M | $5.0M | $323K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $3.9M, and assets of $8.8M (revenue +3.7% year-over-year).
- 2022: Revenue of $3.7M, expenses of $3.5M, and assets of $8.6M (revenue -0.7% year-over-year).
- 2021: Revenue of $3.7M, expenses of $2.9M, and assets of $9.1M (revenue +44.4% year-over-year).
- 2020: Revenue of $2.6M, expenses of $2.7M, and assets of $8.2M (revenue -14.3% year-over-year).
- 2019: Revenue of $3.0M, expenses of $3.0M, and assets of $8.0M (revenue +1.8% year-over-year).
- 2018: Revenue of $2.9M, expenses of $2.9M, and assets of $7.6M (revenue +16.9% year-over-year).
- 2017: Revenue of $2.5M, expenses of $2.3M, and assets of $8.0M (revenue +15.1% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.1M, and assets of $6.1M (revenue +9.6% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.0M, and assets of $5.9M (revenue +3.2% year-over-year).
- 2014: Revenue of $1.9M, expenses of $2.0M, and assets of $6.0M (revenue -10.1% year-over-year).
- 2013: Revenue of $2.1M, expenses of $1.9M, and assets of $6.1M (revenue +4.8% year-over-year).
- 2012: Revenue of $2.0M, expenses of $1.9M, and assets of $5.5M (revenue +4.1% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.7M, and assets of $5.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Young Mens Christian Association Sanford Springvale:
Data Sources and Methodology
This transparency report for Young Mens Christian Association Sanford Springvale 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.