Le Mars Area Family YMCA

Nonprofit profile at a glance

EIN
421413807
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Le Mars, IA, USA
Phone
7125466655
Rating
78
Verdict
SUPPORTED
Rating confidence
Standard
Affiliation
Christianity

Official website

Reported finances

Revenue
$878,883
Expenses
$928,109
Assets
$408,079
Liabilities
$190,404

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • Brian Michaelson (Vice President)
  • Tracy Nesbit (President)
  • Jacque Perez (Executive Director)

Highest reported compensation

  • Jacque Perez (Executive Director): $77,958 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of this corporation shall be to help persons develop christian personalities and to aid in building a christian society through the improvement of physical, mental, social, moral, and educational conditions of persons who participate in ymca programs and the community served by this corporation .

What it reported doing in 2025

Le mars area family ymca is a charitable, community service organization that includes men, women, and 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 through programs 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. Youth development our ymca is committed to nurturing the potential of every child and teen. We believe all kids have great potential and deserve the opportunity to discover who they are and what they can achieve. That's why we help young people cultivate the values, skills, and relationships that lead to positive behaviors, better health, and educational achievement. Our ymca programs, such as day camp offer a range of experiences that enrich social-emotional, cognitive, and physical growth. Healthy living the y is committed to improving america's health and well-being, community by community. We bring families closer together, encourage good health, and foster connections through fitness, sports, fun, and shared interests. As a result people in our community are receiving the support, guidance, and resource they need to achieve greater health in spirit, mind, and body. This is particularly important as our nation struggles with chronic disease and obesity, families wrestle with work/life balance, and individuals search for personal fulfillment. Our programs are accessible, affordable, and open to all faiths, background, abilities, and income levels. Social responsibility our ymca believes in giving back and supporting our neighbors. We have been listening and responding to our community's most critical social needs, we deliver training, resources, and support that empower our neighbors to effect change, bridge gaps, and overcome obstacles. In 2024, we engaged ymca members, participants, and volunteers in activities that strengthen our community and pave the way for future generations to thrive.

Operating model

Revenue model
Other-operating. 84% of the money available for current operations came from other operating 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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 93
  • Accountability: 95
  • Sustainability: 21
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.7%; rating input score 70
  • Program expense ratio: 65.8%; rating input score 66
  • Fundraising efficiency: $3.02 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 15th 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; 64th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • 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: Fail

Sustainability

  • Operating margin: -5.6%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 0.44; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0.47; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 8.4%; rating input score 42; 42nd percentile among comparable filings

Growth

  • Program expense growth: 2.9% per year; rating input score 100; 26th percentile among comparable filings
  • Revenue growth: 4% per year; rating input score 100; 32nd percentile among comparable filings
  • Asset growth: 9.7% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 69.7% of revenue deployed · 65.8% of spending went to programs
  • Governance: 12 of 12 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $610K in reported program spending
  • Leadership: top reported pay $78K · 13 people listed
  • Consistency: 26 of 28 current checks pass · 2 findings to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 9/100.
  • High — Sustainability: Operating margin scored 18/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Transparency & Controls: Fund balance restriction sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.
  • Moderate — Sustainability: Officer compensation ratio scored 42/100.