Cole Center Family YMCA
Overview
Mission
The Cole YMCA provides programs and services which are offered at affordable fees for the community at large. People of all ages, abilities, faiths, ethnic groups and incomes are welcome at the Y, and financial assistance is available for those who cannot afford the full fee. Programs and services promote health enrichment, family strengthening, character values, safety education, school readiness, volunteerism and physical skill development in fulfillment of our mission to put Christian principles into practice through programs that build healthy spirit, mind and body for all.
What it reported doing in 2025
Adult and youth development and wellness programs.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 237077600
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Headquarters
- Kendallville, IN, USA
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Services
- Affiliation
- Christianity
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and officer pay is high relative to total spending.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 93
- Accountability: 100
- Sustainability: 77
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.1%; rating input score 61
- Program expense ratio: 88.4%; rating input score 88
- Fundraising efficiency: $36.67 raised per $1 spent on fundraising; rating input score 71; 71st percentile among comparable filings
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 8th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 32.7%; rating input score 83; 83rd percentile among comparable filings
- Operating reserve ratio: 5.07; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 70; 70th percentile among comparable filings
- Officer compensation ratio: 5%; rating input score 55; 55th percentile among comparable filings
Growth
- Program expense growth: 3.8% per year; rating input score 100; 29th percentile among comparable filings
- Revenue growth: 4.2% per year; rating input score 100; 31st percentile among comparable filings
- Asset growth: 3% per year; rating input score 100; 23rd percentile among comparable filings
Details
- Where the money goes: 61.1% of revenue deployed · 88.4% of spending went to programs
- Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2.4M in reported program spending
- Leadership: top reported pay $127K · 15 people listed
- Consistency: 41 of 42 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 16 annual filings from 2010 to 2025
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.