Frost Valley Ymca

Nonprofit profile at a glance

EIN
221625176
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Claryville, NY, USA
Phone
8459852291
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Young Men's or Women's Associations

Official website

Reported finances

Revenue
$20,576,827
Expenses
$21,415,246
Assets
$35,715,894
Liabilities
$13,503,022

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

29 people listed

Executive titles in this filing

  • RIEL PEERBOOMS (CEO & PRESIDENT)
  • VICTORIA EDDINGS (ASSOCIATE EXECUTIVE DIRECTOR)

Highest reported compensation

  • RIEL PEERBOOMS (CEO & PRESIDENT): $229,826 total reported compensation
  • MANIA BOYDER (CHIEF DEVELOPMENT OFFICER): $207,722 total reported compensation
  • THOMAS HOLSAPPLE (CHIEF OPERATING OFFICER): $183,427 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Frost valley is a values driven organization that fosters youth development, healthy living and social responsibility through outdoor educational and recreational programs for all. (continued schedule o)

What it reported doing in 2024

Groups and family and team retreat programfrost valley ymca's staff provide family and team building programs predominantly on weekends through the year. Families can participate and nature based programming. Between september and june, frost valley hosts, families, scout troops, y guides, religious groups, nonprofits, and corporations that flock to frost valley for team building and immersion in nature. Frost valley is home to a model forest, a 672-panel solar array, a raptor center, a maple sugaring house, and is part of the New York city watershed. Families come to frost valley year after year, some for as many as 50 years running, to unplug from technology and connect on a deeper level with each other, staying for a weekend or one of our week-long family camps. From january 1, 2024 to december 31, 2024, frost valley hosted 12,000 participants in its retreat programs.

Operating model

Revenue model
Earned-program. 82% 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.

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: 82
  • Transparency & Controls: 83
  • Accountability: 100
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.4%; rating input score 92
  • Program expense ratio: 87.6%; rating input score 88
  • Fundraising efficiency: $4.17 raised per $1 spent on fundraising; rating input score 16; 16th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • 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; 66th percentile among comparable filings
  • Governance controls: 9 of 9 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: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -4.1%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 1.67; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0.38; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 4.4%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 1.1% per year; rating input score 100; 15th percentile among comparable filings
  • Revenue growth: 2.6% per year; rating input score 100; 22nd percentile among comparable filings
  • Asset growth: 0.4% per year; rating input score 100; 12th percentile among comparable filings

Details

  • Where the money goes: 92.4% of revenue deployed · 87.6% of spending went to programs
  • Governance: 24 of 24 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $18.8M in reported program spending
  • Leadership: top reported pay $230K · 29 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 6 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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 16/100.
  • High — Sustainability: Operating margin scored 18/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.