Rowan-cabarrus Young Men's Christian Association
Nonprofit profile at a glance
- EIN
- 581574620
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Salisbury, NC, USA
- Phone
- 7042169622
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Young Men's or Women's Associations
- Affiliation
- Christianity
Reported finances
- Revenue
- $17,981,352
- Expenses
- $14,339,060
- Assets
- $63,529,343
- Liabilities
- $11,164,026
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
26 people listed
Executive titles in this filing
- Britt Leatherman (President)
- Tonya Barber (Vice President)
- Jamie Morgan (Chief Executive Officer)
Highest reported compensation
- Jamie Morgan (Chief Executive Officer): $294,390 total reported compensation
- Susan Thomas (Chief Financial Officer): $155,636 total reported compensation
- Richard Rienholz (Chief Operating Officer): $154,915 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 rowan-cabarrus ymca is a volunteer led public charity that includes men, women and children of all ages, abilities, incomes, races and religions. Our mission is to put christian principles into practice through programs that build healthy spirit, mind, and body for all.
What it reported doing in 2025
Youth development: our childcare programs offer high quality child care activities for preschool and school age children from all segments of our community. We offer a variety of state licensed childcare programs, both full and part-time, which provide a safe and nurturing environment where youth can develop self-esteem, good values and an appreciation of charitable service. Woven into the fabric of the ymca mission is a commitment to strengthening families, providing programs that foster growth and development of the entire family. Parents are secure in knowing that their child has a safe haven while they work or further their education, while providing education and support to promote children that are happy and healthy in spirit, mind and body. The ymca partners with other community agencies such as carolinas healthcare systems-northeast, united way of central carolinas and cabarrus health alliance to provide activities and educational opportunities in our program so that children appreciate diversity and develop healthy lifestyles and life long values. The childcare curriculum focuses on the key character traits of caring, respect, responsibility, honesty and faith. By partnering with united way and other community agencies, the ymca has the ability to provide financial assistance for those who cannot afford to pay. Ymca financial assistance ensures that the ymca is a place where children of all economic levels, from the affluent to the disadvantaged receive the same quality of care in the same setting. In 2025, we served a total of 2,971 participants and provided financial assistance in the amount of $112,216. Our youth sports and aquatic programs offer high quality sports activities for pre-school and school age children from our community, including those with special needs. We provide adult volunteers that serve as role models and mentors to our children. The teachings of character values of honesty, caring, responsibility, respect and faith are integrated into all sports programs while promoting an appreciation of one's own worth. Youth sports programs focus on the full and equal participation of all - every child plays every game. Ymca youth programs also help to strengthen families. Parents and siblings and extended family members support the children by coaching teams or attending sporting events. Young people participating in sports build lifelong positive attitudes, habits of healthy exercise and good nutrition. The ymca sports programs value cooperation over competition and fair play over winning. The ymca knows that with this approach everyone wins - undefeated in spirit, mind and body. In 2025, we served 3,403 participants and provided financial assistance in the amount of $9,549.
Operating model
- Revenue model
- Other-operating. 69% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - 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 liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 84
- Accountability: 100
- Sustainability: 71
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.5%; rating input score 71
- Program expense ratio: 88.7%; rating input score 89
- Fundraising efficiency: $22.24 raised per $1 spent on fundraising; rating input score 58; 58th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- 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: 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: 20.3%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 4.43; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.18; rating input score 55; 55th percentile among comparable filings
- Officer compensation ratio: 5.1%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 9.2% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 11.2% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 10.8% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 71.5% of revenue deployed · 88.7% of spending went to programs
- Governance: 22 of 22 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $12.7M in reported program spending
- Leadership: top reported pay $294K · 26 people listed · 3 of 6 pay-setting controls reported
- Consistency: 34 of 34 current checks pass
- Schedules: 8 filed schedules · includes major donors and executive pay
- Filing history: 15 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Financial Efficiency: Fundraising efficiency scored 58/100.
- Review — Sustainability: Liabilities to assets ratio scored 55/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.