Ywca Of Schenectady
YWCA of Schenectady shows consistent revenue growth and asset accumulation, with tight operating margins and no reported officer compensation.
EIN: 141340139 · Schenectady, NY · NTEE: P270 · Updated: 2026-03-28
Is Ywca Of Schenectady Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ywca Of Schenectady directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ywca Of Schenectady
Ywca Of Schenectady (EIN: 141340139) is a nonprofit organization based in Schenectady, NY, classified under NTEE code P270. The organization reported total revenue of $5.7M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ywca Of Schenectady'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 Ywca Of Schenectady 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, Ywca Of Schenectady 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.
Executive Compensation Analysis
The YWCA of Schenectady consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with revenues exceeding $5 million. This suggests either a fully volunteer executive leadership or that executive compensation is categorized differently within the financial statements, requiring further scrutiny for full transparency.
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 Ywca Of Schenectady's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size warrants further investigation into executive compensation practices.
- Operating deficits in 2022 and 2023, where expenses exceeded revenue, indicate tight financial margins that could become unsustainable if persistent.
Strengths
The following positive indicators were identified for Ywca Of Schenectady:
- Strong and consistent revenue growth over the past decade, from $2,841,916 in 2014 to $5,383,641 in 2023.
- Significant asset accumulation, increasing from $595,946 in 2014 to $3,658,192 in 2023, indicating growing financial capacity.
- Low reported liabilities relative to assets in recent years, with assets at $3,658,192 and liabilities at $2,871,427 in 2023, suggesting a healthy balance sheet.
Frequently Asked Questions about Ywca Of Schenectady
Is Ywca Of Schenectady a legitimate charity?
Based on AI analysis of IRS 990 filings, Ywca Of Schenectady (EIN: 141340139) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Ywca Of Schenectady spend its money?
Ywca Of Schenectady directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ywca Of Schenectady tax-deductible?
Ywca Of Schenectady is registered as a tax-exempt nonprofit (EIN: 141340139). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is YWCA of Schenectady financially sustainable given recent operating deficits?
While the YWCA of Schenectady experienced operating deficits in 2022 and 2023, its significant asset growth from $595,946 in 2014 to $3,658,192 in 2023 suggests a strong underlying financial position that can absorb short-term deficits, though consistent deficits would be a concern.
How is executive leadership compensated if officer compensation is consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this scale. It suggests that executive leadership may be volunteer-based, compensated through a related entity, or that their compensation is not categorized under 'officer compensation' on the 990, which would require reviewing detailed financial statements for clarity.
What is driving the substantial increase in assets over the past decade?
Assets have grown significantly from $595,946 in 2014 to $3,658,192 in 2023. This could be due to successful fundraising for capital projects, accumulation of unrestricted net assets, or strategic investments. Further detail from the balance sheet would clarify the nature of these assets.
What is the organization's primary program focus given its NTEE code P270?
The NTEE code P270 indicates that the YWCA of Schenectady falls under the category of YMCA, YWCA, YWHA, YMHA. These organizations typically focus on a broad range of community programs including youth development, healthy living, and social responsibility, often through services like childcare, fitness, and housing.
Filing History
IRS 990 filing history for Ywca Of Schenectady showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ywca Of Schenectady's revenue has grown by 112.5%, moving from $2.5M to $5.4M. Total assets increased by 584.3% over the same period, from $535K to $3.7M. Total functional expenses rose by 107.4%, from $2.7M to $5.6M. In its most recent filing year (2023), Ywca Of Schenectady reported a deficit of $170K, with expenses exceeding revenue. The organization holds $2.9M in liabilities against $3.7M in assets (debt-to-asset ratio: 78.5%), resulting in net assets of $787K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $5.4M | $5.6M | $3.7M | $2.9M | — | — |
| 2022 | $4.9M | $4.9M | $3.4M | $2.4M | — | View 990 |
| 2021 | $4.5M | $4.2M | $2.1M | $990K | — | View 990 |
| 2020 | $4.7M | $3.9M | $2.2M | $1.5M | — | — |
| 2019 | $3.9M | $3.4M | $1.1M | $1.1M | — | View 990 |
| 2018 | $3.5M | $3.3M | $792K | $1.3M | — | View 990 |
| 2017 | $3.3M | $3.2M | $737K | $1.2M | — | View 990 |
| 2016 | $3.3M | $3.3M | $691K | $1.3M | — | View 990 |
| 2015 | $2.9M | $2.9M | $614K | $1.3M | — | View 990 |
| 2014 | $2.8M | $2.8M | $596K | $1.3M | — | View 990 |
| 2013 | $2.9M | $2.8M | $587K | $1.3M | — | View 990 |
| 2012 | $2.7M | $2.7M | $601K | $1.5M | — | View 990 |
| 2011 | $2.5M | $2.7M | $535K | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.4M, expenses of $5.6M, and assets of $3.7M (revenue +10.7% year-over-year).
- 2022: Revenue of $4.9M, expenses of $4.9M, and assets of $3.4M (revenue +7.7% year-over-year).
- 2021: Revenue of $4.5M, expenses of $4.2M, and assets of $2.1M (revenue -3.8% year-over-year).
- 2020: Revenue of $4.7M, expenses of $3.9M, and assets of $2.2M (revenue +20.2% year-over-year).
- 2019: Revenue of $3.9M, expenses of $3.4M, and assets of $1.1M (revenue +12.7% year-over-year).
- 2018: Revenue of $3.5M, expenses of $3.3M, and assets of $792K (revenue +6.6% year-over-year).
- 2017: Revenue of $3.3M, expenses of $3.2M, and assets of $737K (revenue -1.7% year-over-year).
- 2016: Revenue of $3.3M, expenses of $3.3M, and assets of $691K (revenue +13.3% year-over-year).
- 2015: Revenue of $2.9M, expenses of $2.9M, and assets of $614K (revenue +2.8% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.8M, and assets of $596K (revenue -2.0% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.8M, and assets of $587K (revenue +5.9% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.7M, and assets of $601K (revenue +8.1% year-over-year).
- 2011: Revenue of $2.5M, expenses of $2.7M, and assets of $535K.
Data Sources and Methodology
This transparency report for Ywca Of Schenectady 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.