Eden YMCA Inc

Nonprofit profile at a glance

EIN
560547468
IRS 990 coverage
2013–2016
Forms available
Form 990 2016, Form 990-EZ 2016
Location
Greensboro, NC, USA
Phone
3366238496
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Young Men's or Women's Associations
Affiliation
Christianity

Official website

Reported finances

Revenue
$1,144,074
Expenses
$1,110,182
Assets
$2,166,177
Liabilities
$8,654

Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • Tommy Davis (President)
  • Del Boothe (Vice President)
  • Peter J Baker (Executive Director)

People named in this filing

  • Tommy Davis (President)
  • Del Boothe (Vice President)
  • John Dabbs (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to put Christian principles into practice though programs that build a healthy spirit, mind, and body for all. The Eden YMCA Inc is a volunteer led public charity that includes men, women, and children of all ages, abilities, incomes, races, and religions working side by side to strengthen our community. For over 107 years, the Eden YMCA Inc has been committed to providing quality programs in which we teach by example our core values of caring, honesty, respect and responsibility. Through the work and contributions of staff, volunteers, and members we are able to provide programs that strengthen the foundations of our community through our focus on Healthy Living, Youth Development and Social Responsibility. At the Eden YMCA Inc, all are welcome, relationships are formed and valued, and children and families are supported and encouraged to participate.

What it reported doing in 2016

Youth Development: Our YMCA is committed to nurturing the potential of every child and teen. We believe working with youth and teens involves much more than developing specific skills for sports or individual activities. Those are merely the vehicles to develop something much more important - the whole child from the inside out. Our programs use the platform of a specific activity to teach skills necessary for life at any age - enjoying an active lifestyle, being part of a team, making good choices, playing fair, persevering against obstacles, stretching yourself to meet your potential and perhaps most of all being confident in who you are. Depending on the age or interests of our young participants, a variety of programs are available to teach those skills in an environment of spirited fun and in some cases friendly competition. The Y makes sure every child has an opportunity to envision and pursue a positive future and to take an active role in strengthening his or her community. Our programs offer opportunities for youth and teens to learn values and positive behaviors as they explore their own unique talents and interests. We help them to realize their potential giving them confidence today that will make them contributing and engaging adults tomorrow. We offer a wide variety of sports, recreation and leadership programs such as numerous sports opportunities, swim lessons, swim team and Outdoor Education which all offer a range of experiences that enrich cognitive, social, physical, and emotional growth. The program is designed to get kids active and nurture their potential while in a safe environment.

Operating model

Revenue model
Earned-program. 67% 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 assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 70
  • Accountability: 100
  • Sustainability: 62
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.7%; rating input score 86
  • Program expense ratio: 87.9%; rating input score 88
  • Fundraising efficiency: $27.92 raised per $1 spent on fundraising; rating input score 70; 70th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • 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: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: 3%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 1.95; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 83; 83rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 84; 84th percentile among comparable filings

Growth

  • Program expense growth: 12.1% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 3.2% per year; rating input score 100; 46th percentile among comparable filings
  • Asset growth: -2.2% per year; rating input score 0; 22nd percentile among comparable filings

Details

  • Where the money goes: 85.7% of revenue deployed · 87.9% of spending went to programs
  • Governance: 20 of 20 board members independent · 7 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $976K in reported program spending
  • Leadership: top reported pay $0 · 21 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 4 filing years from 2013 to 2016
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Sustainability: Operating margin scored 49/100.
  • High — Growth: Asset growth scored 0/100.