Bath Area Family Ymca

Overview

Mission

The purpose of the bath area family ymca is to promote the health and well-being of individuals, families, and communities. Since our founding in 1856, the y has been responding to the most critical needs of the communities in our service area.

What it reported doing in 2024

The purpose of the bath area family ymca is to promote the health and well-being of individuals, families, and communities. The y has been responding to the communities' most critical needs since 1856. The y offers a broad range of programs and services to their members and the community. These programs and services will nourish mind, body, and spirit; promote life skills, and improve health and wellness. They are driven by the values of caring, honesty, respect, and responsibility. The y embraces the diversity of their community. They do not discriminate based on race, creed, national origin, age, gender, sexual orientation, disability, or socio-economic status. They will always strive to provide their services without regard to one's ability to pay for such services.

Operating model

Revenue model
Earned-program. 76% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% 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.

Nonprofit profile at a glance

EIN
010211812
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Headquarters
Bath, ME, USA
Phone
2074434112
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Young Men's or Women's Associations

Official website

The verdict

SUPPORTED - 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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 89
  • Accountability: 86
  • Sustainability: 48
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.8%; rating input score 75
  • Program expense ratio: 77%; rating input score 77
  • Fundraising efficiency: $5.63 raised per $1 spent on fundraising; rating input score 20; 20th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • 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: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 2.4%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 2.16; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: 0.4; rating input score 27; 27th percentile among comparable filings
  • Officer compensation ratio: 5.1%; rating input score 53; 53rd percentile among comparable filings

Growth

  • Program expense growth: 6% per year; rating input score 100; 45th percentile among comparable filings
  • Revenue growth: 8.5% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: 7% per year; rating input score 100; 45th percentile among comparable filings

Details

  • Where the money goes: 74.8% of revenue deployed · 77% of spending went to programs
  • Governance: 17 of 17 board members independent · 6 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $5M in reported program spending
  • Leadership: top reported pay $218K · 19 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $604K reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 13 annual filings from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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.

Leadership & pay

19 people listed

Highest reported compensation

  • ROB GRAY (CEO): $218,485 total reported compensation
  • KERRIE BENEDICT (CFO): $113,610 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.