Charlotte County Family Ymca Inc
Nonprofit profile at a glance
- EIN
- 237193663
- IRS 990 coverage
- 2013–2014
- Forms available
- Form 990 2014
- Location
- North Port, FL, USA
- Phone
- 9416290909
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Young Men's or Women's Associations
- Affiliation
- Christianity
Reported finances
- Revenue
- $4,736,647
- Expenses
- $5,382,883
- Assets
- $4,251,270
- Liabilities
- $1,348,569
Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- RANDALL DUNN (PRESIDENT-CE)
Highest reported compensation
- RANDALL DUNN (PRESIDENT-CE): $141,163 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission and purpose of the charlotte county family ymca, inc. Is to put christian principles into practice reflecting the values of caring, honesty, respect, and responsibility. The charlotte county family ymca, inc. Is dedicated to provide services that build healthy spirit, mind and body for all.
What it reported doing in 2014
Health and well being for all: membership, program services, camps, youth sports, acquatics. The charlotte county family ymca views health holistically; a healthy person has unit of body, mind and spirit. Our ymca had indentified the growing national obesity rates in this country as a critical social issue that must be addressed and our health and well being programs are designed to help people develop new skills and grow in spirit, mind and body by setting realistic goals for self improvement and disease prevention through an active lifestyle, proper nutrition, stress management and health education. The charlotte county family ymca programs and camps promote interaction, teamwork and development of moral and ethical behavior, social skills and self esteem. We serve all ages, abilities, races, nationalities and religions. We provided fianancial assistance to those who need. In 2014, we served over 10,000 people in our community and provided financial assistance in the amount of 9,682.
Operating model
- Revenue model
- Earned-program. 91% 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 90
- Accountability: 100
- Sustainability: 28
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.4%; rating input score 93
- Program expense ratio: 85.6%; rating input score 86
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- 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: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -13.6%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 0.79; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0.32; rating input score 41; 41st percentile among comparable filings
- Officer compensation ratio: 2.6%; rating input score 70; 70th percentile among comparable filings
Growth
- Program expense growth: -2.4% per year; rating input score 0; 25th percentile among comparable filings
- Revenue growth: -10.6% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: -16.3% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 93.4% of revenue deployed · 85.6% of spending went to programs
- Governance: 18 of 18 board members independent · 8 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $4.6M in reported program spending
- Leadership: top reported pay $141K · 19 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2013 to 2014
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 8/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 41/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.