Barren County Family YMCA INC
Nonprofit profile at a glance
- EIN
- 621364505
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024
- Location
- Glasgow, KY, USA
- Phone
- 2706519622
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Standard
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,541,803
- Expenses
- $1,732,256
- Assets
- $5,470,954
- Liabilities
- $125,681
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Corey Jackson (President)
- Tara M Bailey (CEO)
Highest reported compensation
- Tara M Bailey (CEO): $96,551 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The barren county family ymca is a charitable, social service organization dedicated to youth development, healthy living and social responsibility. With a mission to put christian principles into practice through programs that build a healthy spirit, mind and body for all, our impact is proven when a person makes a healthy choice, when a ymca coach inspires a child and when our community comes together for the common good of all. Ymca programs focus on four core character values-caring, honesty, respect and responsibility. We serve men, women, and children of all ages, races, abilities, incomes, and religions. Everyone is welcome at our ymca, regardless of their ability to pay. The ymca is founded and led by volunteers that guide us in identifying needs within our community and help form strategies to respond so that the entire community benefits from our efforts.
What it reported doing in 2024
SOCIAL RESPONSIBILITY / AQUATIC PROGRAM - In 2024, the Barren County Family YMCA continued its commitment to water safety and community health through a wide range of aquatic programs. The YMCA provided American Red Cross-certified swim instruction, lifeguard training, and CPR/First Aid certifications to participants of all ages, from infants to seniors. Through partnerships with local schools, over 1,200 youth received free swim lessons and water safety education this year. The YMCA pool also served more than 100 community groups, schools, and churches, providing thousands of dollars in free and low-cost access. Aquatic fitness classes and family swim programs promote physical health, mental well-being, and social connection, reinforcing the Y's mission to serve the community through programs that build confidence, foster safety, and cultivate lifelong wellness.
Operating model
- Revenue model
- Other-operating. 75% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 99% 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.
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: 85
- Transparency & Controls: 93
- Accountability: 95
- Sustainability: 43
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.1%; rating input score 97
- Program expense ratio: 86.2%; rating input score 86
- Fundraising efficiency: $5.59 raised per $1 spent on fundraising; rating input score 21; 21st percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 16th 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
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -12.4%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 3.16; rating input score 76; 76th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 61; 61st percentile among comparable filings
- Officer compensation ratio: 5.6%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: 14.1% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 12.1% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 20.5% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 97.1% of revenue deployed · 86.2% of spending went to programs
- Governance: 11 of 11 board members independent · 7 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $1.5M in reported program spending
- Leadership: top reported pay $97K · 12 people listed
- Consistency: 42 of 43 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 21/100.
- High — Sustainability: Operating margin scored 15/100.
- Review — Accountability: Governance controls: Audit committee oversight not reported.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Review — Sustainability: Officer compensation ratio scored 52/100.