Ocean Community Ymca

Nonprofit profile at a glance

EIN
050268126
IRS 990 coverage
2010–2025
Forms available
Form 990 2025, Form 990-T 2022
Location
Westerly, RI, USA
Phone
4015962894
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Young Men's or Women's Associations
Affiliation
Christianity

Official website

Reported finances

Revenue
$12,691,257
Expenses
$11,197,112
Assets
$26,920,800
Liabilities
$7,966,173

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

Leadership & pay

29 people listed

Executive titles in this filing

  • MAUREEN FITZGERALD (PRESIDENT & CEO UNTIL 06/2025)
  • SHEILA LITTY (PRESIDENT & CEO AS OF 06/2025)

Highest reported compensation

  • MAUREEN FITZGERALD (PRESIDENT & CEO UNTIL 06/2025): $269,051 total reported compensation
  • SHEILA LITTY (PRESIDENT & CEO AS OF 06/2025): $206,727 total reported compensation
  • LORRAINE GRISSOM (FINANCE DIRECTOR): $144,880 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 ocean community ymca is a cause-driven organization dedicated to strengthening community through youth development, healthy living, and social responsibility. We ensure equitable access to programs that build a healthy spirit, mind, and body for all.

What it reported doing in 2025

Other programs - ocean community ymca engaged over 9,500 individuals of all ages in health and wellness programs, including chronic disease prevention, personal training, first aid/cpr training, aquatics, gymnastics, pickleball, and other sports programs. Specialized programs such as diabetes prevention and livestrong served more than 275 individuals, improving health and reducing risk factors. Sports programs promote teamwork, interactions, and the development of social and physical skills. Family programs develop and strengthen the family unit by improving quality of time that families spend together. Adaptive pickleball classes were offered to include an underserved segment of our community and provide inclusion. See continutation on schedule o.during 2025, the ymca oversaw the renovation of a portion of the westerly location to create additional space for e-sports and other innovative programming to reach new sectors of our community and further engage youth and teens with steam technology. This new programming space will allow the ymca to provide innovative access to steam classes, e-sports leagues and other group activities to foster collaboration, community and educational opportunities, as well as strengthen relationships and further our mission to provide programs that build healthy spirit, mind, and body for all.

Operating model

Revenue model
Earned-program. 79% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 89% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 57
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71%; rating input score 71
  • Program expense ratio: 81.2%; rating input score 81
  • Fundraising efficiency: $5.65 raised per $1 spent on fundraising; rating input score 16; 16th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th 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; 64th 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: 11.8%; rating input score 62; 62nd percentile among comparable filings
  • Total-asset coverage ratio: 2.4; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: 0.3; rating input score 41; 41st percentile among comparable filings
  • Officer compensation ratio: 6.5%; rating input score 46; 46th percentile among comparable filings

Growth

  • Program expense growth: 5.5% per year; rating input score 100; 43rd percentile among comparable filings
  • Revenue growth: 7% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: 4.1% per year; rating input score 100; 27th percentile among comparable filings

Details

  • Where the money goes: 71% of revenue deployed · 81.2% of spending went to programs
  • Governance: 21 of 21 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $9.1M in reported program spending
  • Leadership: top reported pay $269K · 29 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.4M reported
  • Consistency: 39 of 39 current checks pass
  • Schedules: 10 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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 16/100.
  • Review — Sustainability: Total-asset coverage ratio scored 59/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 41/100.
  • Moderate — Sustainability: Officer compensation ratio scored 46/100.