Mississippi Gulf Coast YMCA

What it reported doing in 2024

Youth services: childcare is the first chance the ymca has to care for its members. All ymca children and youth programs are tools forbuilding successful relationships between children and adults, whether those adults are parents, other caregivers, or ymca volunteersand staff members. Presently more than 30 different programs incorporate core values of caring, honesty, respect, and responsibility. With the encouragement of adults at the y, children of different backgrounds will have increased opportunities to gain these critical development assets. Support assets: making connections between parents, extended family members, and nonrelated adults and youth constructive use of time: ymca sponsored activities and supervised recreation provide opportunities for positive use of our youth's time through preschool, before and after school programs, and summer day camps. Commitment to learning: tutoring and homework assistance in after school programs develops a sense of commitment and a healthy perspective on learning, while nurturing all important mentor relationships. Social and physical competencies: arts programs and youth sports (here the ymca motto, "everybody plays, everybody wins" applies) help develop skills that promote good decisions and a healthy outlook on competition. Positive identity: community related programming encourages adolescents to take on leadership roles while establishing a sense of self worth. In addition, creative venues and councils allowing young people to contribute their ideas are used to develop new programs, establish rules and guidelines and help plan youth events. Empowerment: young people learn the importance of serving others though program specific volunteerism opportunities. These enable youth to raise the bar in setting and achieving high educational and professional goals. Before and after school child care and preschool keeps kids safe, serving over 85 kids per day in summer programs and approximately 200 kids per day during the school year, develops positive developmental assets that provides a deterrence from gangs and drugs, and meets the needs of working parents by providing a cost effective service for school age children through involvement in afterschool care, youth sports, camping, and many other experiences. Financial assistance is made possible by the united way, and by ymca members and community friends through the ymca's strong kids campaign. Water safety instruction programs keep kids safe, builds confidence, and promotes physical fitness, serving over 150 children through third grade in the learn to swim program. Hundreds more are served through ymca swim lessons summer programs. A ten week program teaching children to learn and grow through activities with children from widely varied backgrounds. Spending summers together, children can build a better future for themselves, their families, and their communities by learning respect for all. Character building experiences provided offer self improvement challenges and teach teamwork through inclusion of outdoor/environmental education, fostering fun and christian fellowship and friendships.

Financial Efficiency

• Mission deployment rate: 97.3%; rating input score 97
• Program expense ratio: 92.8%; rating input score 93
• Fundraising efficiency: $25.14 raised per $1 spent on fundraising; rating input score 65; 65th 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: 8 of 8 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: 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: -4.8%; rating input score 20; 20th percentile among comparable filings
• Total-asset coverage ratio: 1.65; rating input score 55; 55th percentile among comparable filings
• Liabilities to assets ratio: 0.25; rating input score 39; 39th percentile among comparable filings
• Officer compensation ratio: 3.3%; rating input score 67; 67th percentile among comparable filings

Growth

• Program expense growth: 4.6% per year; rating input score 100; 37th percentile among comparable filings
• Revenue growth: 3.3% per year; rating input score 100; 29th percentile among comparable filings
• Asset growth: 8.4% per year; rating input score 100; 52nd percentile among comparable filings