Lake County Family Young Men's

Nonprofit profile at a glance

EIN
362181659
IRS 990 coverage
2009–2010
Forms available
Form 990 2010
Location
Waukegan, IL, USA
Phone
8473609622
Rating confidence
Limited
Sector
Young Men's or Women's Associations
Affiliation
Christianity

Official website

Reported finances

Revenue
$5,764,114
Expenses
$6,875,872
Assets
$10,843,896
Liabilities
$7,774,755

Source: IRS Form 990. Selected filing: tax year 2010. Amounts in USD.

Leadership & pay

14 people listed

Source: IRS Form 990. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The lake county family ymca is a charitable, community service organization that includes men, women, children of all ages, abilities, incomes, races and religions. We are dedicated to building strong kids, strong families, and strong communities by putting christian principles into practice that promote healthy lifestyles, strong values, leadership development, community interaction, and international understanding. All persons are welcome at our ymca, regardless of their ability to pay. Our ymca is founded and led by volunteers from our community. Volunteers also serve as mentors, coaches, program leaders, instructors, and more.

What it reported doing in 2010

Health and wellness for youth and adultshelping people of all ages and abilities develop health in spirit, mind and body is at the core of the ymca movement. Our programs are designed to help people create realistic goals for self-improvement and emphasize disease prvention through regular exercise, proper nutrition, stress management, and health education. Sports programs for youth, families, and adults promote teamwork, interaction, and development of social and physical skills. Our special needs aquatics programs focus on developing phsical, emotional, and social skills with children with special needs and disabilities. Our skippers aquatics program helps to develop physical skills in preschoolers. Our family swim program gives adults and children shared time in the pool to appreciate one another and promote intergenerational relationsips. Active older adults programs focus on the development and continuation of healthy lifestyles, social interaction and activity. Our services are offered at affordable fees for the community at large, with reasonable accomodations for those with special needs, and with financial assistance available for those who cannot afford the full fee. In light of the rising obesity rates in this country, our ymca participates in the activate america initiative and engages in a variety of events and community activities designed to help the at risk population develop habits and relationships that lead to more active lifestyles.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 31
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 14th 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; 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: -19.3%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 1.58; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0.72; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 2.3%; rating input score 73; 73rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 5.9% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: -10.5% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 11 of 11 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $5.4M in reported program spending
  • Leadership: top reported pay $78K · 14 people listed
  • Consistency: 31 of 32 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 2 filing years from 2009 to 2010
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

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 6/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.