Ymca

Charity Navigator Rating: Needs Improvement (2 Stars)

The YMCA has received a Two-Star out of Four Star rating from Charity Navigator, reflecting a score of 67%. This rating suggests that while the organization performs adequately in certain areas, there are significant issues regarding accountability and financial transparency. Notably, the organization boasts a strong governance structure with 95% of its board members being independent, and it has a favorable liabilities to assets ratio of 14.64%, indicating financial stability.

However, the YMCA's rating is considerably impacted by its lack of critical financial documentation on its website, including missing financial statements, tax forms, and various policies such as conflict of interest and whistleblower policies. These omissions have resulted in a score of zero in multiple categories, highlighting gaps in transparency that could concern potential donors. Although the organization demonstrates a solid commitment to program expenses, with 70.90% of expenses directed toward programs, the missing elements may hinder overall trust and support from the community.

In summary, while the YMCA shows strengths in its governance and overall financial health, the lack of essential documentation and policies could hinder its long-term effectiveness and public perception. Addressing these transparency issues could significantly enhance its reputation and rating in the future.

This AI summary has been generated from information found on Charity Navigator.

Ymca is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ymca submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $466,142

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