Lock Haven Area Ymca

Nonprofit profile at a glance

EIN
240798644
IRS 990 coverage
2010–2018
Forms available
Form 990 2018
Location
Lock Haven, PA, USA
Phone
5703237134
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Young Men's or Women's Associations
Affiliation
Christianity

Official website

Reported finances

Revenue
$1,838,629
Expenses
$1,714,318
Assets
$933,763
Liabilities
$277,407

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

6 people listed

People named in this filing

  • TOM GIOGLIO (CHAIR)
  • DR JASON MADIGAN (SECRETARY)
  • BRIAN REDMOND (BOARD MEMBER)

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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The ymca concentrates on three areas: youth development, healthy living, and social responsibility. We do this through more than 50 programs. Major programs are preschool and school-age childcare, summer day camp, adult fitness, group exercise classes, and a variety of youth activities (youth sports, swimmng lessons, etc).

What it reported doing in 2018

Healthy living - our ymca focuses on healthy living by advocating health and well-being from the inside-out (the spirit, mind, and body). Our ymca provides over 1,336 fitness members with the supportive relationships and environment they need for their successful pursuit of health and well-being. This is particularly important as our community struggles with an overweight/obesity crisis, families struggle with work/life balance, and individuals search for personal fulfillment. We bring families together, offer sport, recreational, and social networks that build relationships and strengthen community bonds. Our programs are accessible, affordable, and open to all faiths, backgrounds, abilities, and income levels. In 2018, we provided $13,703 in financial assistance to overcome barriers to participation.

Operating model

Revenue model
Earned-program. 87% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 98% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. The required major-donor schedule is missing or incomplete and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 75
  • Accountability: 100
  • Sustainability: 50
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.6%; rating input score 84
  • Program expense ratio: 89%; rating input score 89
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: No; rating input score 0
  • 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: 6.8%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 0.54; rating input score 29; 29th percentile among comparable filings
  • Liabilities to assets ratio: 0.3; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 84; 84th percentile among comparable filings

Growth

  • Program expense growth: 1.4% per year; rating input score 100; 34th percentile among comparable filings
  • Revenue growth: 5.7% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: -1.7% per year; rating input score 0; 22nd percentile among comparable filings

Details

  • Where the money goes: 83.6% of revenue deployed · 89% of spending went to programs
  • Governance: 6 of 6 board members independent · 7 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $1.5M in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 33 of 33 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 9 filing years from 2010 to 2018
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Transparency & Controls: Major donor itemization scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 29/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.