Newport County Regional Ymca

Nonprofit profile at a glance

EIN
050258916
IRS 990 coverage
2011–2025
Forms available
Form 990 2025
Location
Middletown, RI, USA
Phone
4018479200
Rating
81
Verdict
STRONG
Rating confidence
Standard
Sector
Young Men's or Women's Associations

Official website

Reported finances

Revenue
$8,161,607
Expenses
$8,282,181
Assets
$25,818,915
Liabilities
$7,736,286

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • Christie Smith (Vice President)
  • Eric Offenberg (President)
  • Michael Miller (CEO)

Highest reported compensation

  • Michael Miller (CEO): $251,848 total reported compensation
  • Omar El Kashef (Squash Director): $230,750 total reported compensation
  • Robert Rosendale (CFO): $122,197 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Newport County YMCA is an association of people of all ages, ethnic origins, religious affiliations and socioeconomic levels. The basis of the association is founded in Judeo-Christian values and its purpose is to significantly improve and positively influence the quality of life and social well-being for our members, our families, and our community, emphasis is placed on the whole person through programs and activities that help develop spiritual, mental, and physical well-being.

What it reported doing in 2025

Youth Development: We impact over 1600 youth in our programs each week in the areas of gymnastics, youth sports, leadership programs, afterschool, aquatics, Rhody Squash, and our preschool programs. These programs are not only designed to teach and educate participants on the tasks at hand, but they also teach life skills that will help these children in the future. Our youth programs provide strong role models and a safe environment to help them grow and thrive. The Newport County YMCA also has a strong program area to help families come together. These programs help families contact one other and spend much needed quality time together. Families each year enjoy our movie nights, family camp outs and many other events that happen each month.

Operating model

Revenue model
Other-operating. 63% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 98% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 79
  • Accountability: 95
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.4%; rating input score 87
  • Program expense ratio: 86%; rating input score 86
  • Fundraising efficiency: $4.47 raised per $1 spent on fundraising; rating input score 12; 12th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1.5%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 3.12; rating input score 71; 71st percentile among comparable filings
  • Liabilities to assets ratio: 0.3; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 7.3%; rating input score 43; 43rd percentile among comparable filings

Growth

  • Program expense growth: 7.4% per year; rating input score 100; 49th percentile among comparable filings
  • Revenue growth: 8.3% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 16.9% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 87.4% of revenue deployed · 86% of spending went to programs
  • Governance: 18 of 18 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $7.1M in reported program spending
  • Leadership: top reported pay $252K · 21 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed
  • Consistency: 33 of 33 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 12/100.
  • High — Sustainability: Operating margin scored 22/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.
  • Moderate — Sustainability: Officer compensation ratio scored 43/100.