Penobscot Bay Ymca

Overview

Mission

The penobscot bay ymca is a cornerstone of our healthy community, fostering partnerships, providing programs and services and promoting youth development, healthy living and social responsibility to improve the quality of life for everyone.

What it reported doing in 2024

Wellness/grants - through fitness, aquatics, recreation, community health promotion, social, and other wellness activities, the penobscot bay ymca teaches the y's core values of caring, honesty, respect, and responsibility. Members and program participants range in age from infants to senior citizens, and we serve approximately 11,000 people annually, including over 5,000 members, at our facilities in rockport, rockland and through community outreach efforts in schools, libraries and senior living communities. By creating community collaborations, and thanks to government and foundation grant funding, our community health promotion department offers substance misuse prevention, tobacco use prevention, and nutrition education programs. The penobscot bay ymca welcomes everyone regardless of ability, age, cultural background, ethnicity, faith, gender, gender expression, gender identity, ideology, income, national origin, race or sexual orientation. Membership and program fees are designed to be affordable, with financial assistance available for those who cannot afford to pay. In 2024, we provided financial assistance to 17% of our members.

Operating model

Revenue model
Earned-program. 75% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The program-spending lines do not add up, so the filing cannot show reliably whether the nonprofit works directly or through others.

Nonprofit profile at a glance

EIN
010211813
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Headquarters
Rockport, ME, USA
Phone
2072363375
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Young Men's or Women's Associations

Official website

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: 94
  • Accountability: 95
  • Sustainability: 42
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.5%; rating input score 86
  • Program expense ratio: 81.7%; rating input score 82
  • Fundraising efficiency: $6.62 raised per $1 spent on fundraising; rating input score 24; 24th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • 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: -5.3%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 2.32; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 0.11; rating input score 56; 56th percentile among comparable filings
  • Officer compensation ratio: 4%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: 2.1% per year; rating input score 100; 22nd percentile among comparable filings
  • Revenue growth: 3.7% per year; rating input score 100; 32nd percentile among comparable filings
  • Asset growth: 1.1% per year; rating input score 100; 16th percentile among comparable filings

Details

  • Where the money goes: 86.5% of revenue deployed · 81.7% of spending went to programs
  • Governance: 17 of 17 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $4.6M in reported program spending
  • Leadership: top reported pay $141K · 19 people listed
  • Highest-paid contractors: 1 contractor listed · $154K reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 14 annual filings from 2010 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

  • WHITNEY FILES (CEO): $141,162 total reported compensation
  • JOHN ROBINSON (DIRECTOR OF): $86,497 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.