The Greater Morristown YMCA Inc
Nonprofit profile at a glance
- EIN
- 221487618
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Cedar Knolls, NJ, USA
- Phone
- 9732670704
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $12,698,914
- Expenses
- $11,549,049
- Assets
- $26,129,438
- Liabilities
- $6,060,274
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- Laure Ferrando (President & CEO)
Highest reported compensation
- Laure Ferrando (President & CEO): $338,118 total reported compensation
- Jennifer Tritto (Childcare Director): $154,056 total reported compensation
- Raymond P Fisher (Finance Director): $148,237 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 greater morristown ymca, founded in 1874, in the christian traditions of honesty, respect, caring, and service to others, seeks to enhance the character and the quality of life for all people in the community by providing activities to enrich their spirtual, mental, and physical well-being.
What it reported doing in 2025
Summer camp: the greater morristown ymca has operated its summer camp for more than 40 years at the ymca's facility in cedar knolls. In 2016 we opened the y-zone youth annex, a brand-new state-of-the-art facility to house our expanding camp program. We provide children between the ages of three and thirteen, a summer of safe, fun, and memorable experiences. In 2025 we had appoximately 350 children enrolled. Our camp programs are educational; they promote mental stimulation, physical well-being, social growth, and respect for the environment. We organize and run a variety of activities making use of our facility and the surrounding three acres. The camp aims to assist participants achieve their fullest potential and serves as childcare for working parents during the summer months. Our campers enjoyed weekly field trips and swimming at the ymca and also at a local community pool. The summer camps operated by the greater morristown ymca have become a staple in the morris county community, with many children returning annually. Our little owls (ages 3-5) and kindercamp (for those entering kindergarten in september) run from 8:00am - 5:00pm which is conducive to working parents. Our camps include themed weeks, attracting children and families with a wide range of interests and needs. Programming includes opportunities for the exploration of nature, sports, stem programs, music, swimming lessons, art, nutritional cooking, field trips, and so much more. Our camp is a safe, productive, and fun way for kids to spend the summer months, gain self-confidence, learn new skills, make new friends, create lifelong memories, and most importantly, do so while in a safe environment. In 2025 alone, 55 children received scholarship assistance to attend our summer camp through our annual support campaign. Those same county agencies mentioned in a "report of current activities", seek our assistance every summer to provide camp for the children of their clients. Preschool swim program the greater morristown ymca has a very active aquatics program that provides swimming and water safety skills as well as promoting good health via regular exercise. Children from our childcare centers receive free weekly swim lessons at our ymca. It is our number one priority that all the enrolled preschoolers in our care master the fundamentals of swimming by the time they graduate from our preschool and head into kindergarten. It is proven that knowing how to swim saves lives. According to the cdc, more than one in five fatal drowning victims are children younger than 14. Many of our preschoolers are minorities and children who come from non-english-speaking households. According to the USA swimming foundation and the cdc, 70% of african american and 60% of hispanic/latino children cannot swim. Further, african american children drown at a rate nearly three times higher than their caucasion peers and the number one cause of death for children under the ages of six is drowning. The greater morristown ymca takes these statistics very seriously and is committed to help the underpriviledged children of morris county learn how to swim, a lifesaving skill that will contnue to benefit them for years to come. Every week, our preschoolers head to the ymca to attend swim lessons. The classes are 30 minutes in length and the children are taught basic skills for in and out of the water. We find that the children who start our swim program in preschool 2 (ages 3 & 4) are usually able to swim the length of the pool using freestyle and backstroke by the time they graduate preschool. Because we truly believe in teaching children how to swim, we provide it free of charge to all of our enrolled preschoolers. There are four sessions throughout the year, 11 classes in each. On average, 140 preschoolers receive 44 free lessons per year, amounting to over $100,000 per year (includes lesson fee, instructor fees, busing, lifeguards, etc.) the cost per child, per year, to learn how to swim is
Operating model
- Revenue model
- Other-operating. 65% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 97% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 79
- Accountability: 95
- Sustainability: 54
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91%; rating input score 91
- Program expense ratio: 93%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- 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: 91.7%; rating input score 92; 20th 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: 9.1%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 2.26; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 6.7%; rating input score 45; 45th percentile among comparable filings
Growth
- Program expense growth: 3.8% per year; rating input score 100; 31st percentile among comparable filings
- Revenue growth: 3.7% per year; rating input score 100; 29th percentile among comparable filings
- Asset growth: 6.2% per year; rating input score 100; 44th percentile among comparable filings
Details
- Where the money goes: 91% of revenue deployed · 93% of spending went to programs
- Governance: 11 of 12 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $10.7M in reported program spending
- Leadership: top reported pay $338K · 16 people listed · 1 of 6 pay-setting controls reported
- Consistency: 39 of 39 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, 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
- 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.
- Review — Sustainability: Operating margin scored 56/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- Moderate — Sustainability: Officer compensation ratio scored 45/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.