Melrose Young Men's Christian Association Inc

Nonprofit profile at a glance

EIN
042121361
IRS 990 coverage
2011–2011
Forms available
Form 990 2011
Location
Melrose, MA, USA
Phone
7816654360
Rating confidence
Limited
Sector
Young Men's or Women's Associations
Affiliation
Christianity

Official website

Reported finances

Revenue
$4,933,650
Expenses
$4,719,739
Assets
$4,589,083
Liabilities
$5,381,957

Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.

Leadership & pay

14 people listed

Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The melrose young men's christian association, inc. 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.

What it reported doing in 2011

Our ymca provides high qualtiy child care by provideing comprehensive activities for preschool and school age children drawing on diverse members of the community. We provide both full and part time options to serve a wide range of family scheduling needs.woven into the fabric of the ymca mission is a commitment to strengthening families. Ymca childcare programs relieve the burden of balancing work and family and make it possible for parents of children in our care to remain gainfully employed, knowing that their children are thriving in a safe, developmentally sound environment.the ymca provides tuition assistance for child care services. Over $121,000 was awarded to families to defray their fees this year. In addition, we provide aid to families who need help due to family violence, substance abuse, etc. By collaborating with other social service agencies. We also provide a variety of activities that emphasize parent education and help parents learn more about ahow to raise healthy, happy children who develop self-esteem and moral and ethical values.

Operating model

Revenue model
Earned-program. 75% of the money available for current operations came from fees and other program revenue.
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: 100
  • Accountability: 94
  • Sustainability: 53
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 59th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • 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: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 4.3%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 0.97; rating input score 44; 44th percentile among comparable filings
  • Liabilities to assets ratio: 1.17; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 93; 93rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 14 of 14 board members independent · 6 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $4.7M in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Highest-paid contractors: 1 contractor listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 5 filed schedules
  • 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.

  • Review — Accountability: Governance controls: Audit committee oversight not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.