Itasca County Family Ymca Inc
Nonprofit profile at a glance
- EIN
- 411358634
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Grand Rapids, MN, USA
- Phone
- 2183271161
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Young Men's or Women's Associations
- Affiliation
- Christianity
Reported finances
- Revenue
- $4,368,757
- Expenses
- $4,851,995
- Assets
- $12,012,990
- Liabilities
- $633,729
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- JONI NAMYST (EXECUTIVE DIRECTOR)
Highest reported compensation
- JONI NAMYST (EXECUTIVE DIRECTOR): $112,721 total reported compensation
- COLLEEN CHAPIN (FINANCE DIRECTOR (THRU 05/24)): $36,564 total reported compensation
- SARAH GRUNWALD (FINANCE DIRECTOR): $30,931 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 itasca county family ymca (ymca) is a charitable, community service organization founded in 1979 with a mission to strengthen ourselves, families and communities by promoting growth in spirit, mind and body. The ymca includes men, women, and children of all ages, abilities, incomes, races and religions and is dedicated to youth development, healthy living and social responsibility. We put christian principles into practice through programs that promote youth development, healthy lifestyles, strong values, leadership development, community interaction, and international understating. All persons are welcome at our ymca, regardless of their ability to pay. Our ymca is founded and led by volunteers from our community. Our volunteers serve as mentors, coaches, program leaders, instructors and policy makers.
What it reported doing in 2024
Youth developmentour ymca is committed to cultivating the potential of every child and teen who comes through our doors. We believe that all kids deserve the opportunity to discover who they are and what they can achieve. That is why we help young people develop the values, skills and relationships that lead to positive behaviors, better health, and prolonged educational achievement. Our ymca programs encompass all ages including the weefolksgarten childcare, school-age care, and youth sports programs. All our programming offers a range of experiences that enrich cognitive, social, physical, and emotional growth. Youth programs are accessible, affordable, and open to all faiths, backgrounds, abilities, and income levels. At the ymca we never turn away any individual for an inability to pay and offer assistance to any youth or family who otherwise would have faced economic barriers to participation. Putting our children and our community first has always been and will remain at the forefront of our mission. In 2024, the ymca provided $120,149 in direct childcare and school-age care financial assistance.
Operating model
- Revenue model
- Earned-program. 74% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 95% 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: 89
- Transparency & Controls: 94
- Accountability: 100
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.8%; rating input score 98
- Program expense ratio: 87.7%; rating input score 88
- Fundraising efficiency: $13.42 raised per $1 spent on fundraising; rating input score 47; 47th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- 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; 63rd 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: -11.1%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 2.48; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 3.7%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 5.2% per year; rating input score 100; 41st percentile among comparable filings
- Revenue growth: 3.8% per year; rating input score 100; 33rd percentile among comparable filings
- Asset growth: 4.3% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 97.8% of revenue deployed · 87.7% of spending went to programs
- Governance: 15 of 15 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $4.3M in reported program spending
- Leadership: top reported pay $113K · 18 people listed
- Consistency: 37 of 37 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 47/100.
- High — Sustainability: Operating margin scored 12/100.