Mankato Family YMCA

Nonprofit profile at a glance

EIN
410739108
IRS 990 coverage
2010–2025
Official website data refreshed
Sep 2026
Forms available
Form 990 2025, Form 990-T 2025
Location
Mankato, MN, USA
Phone
5073878255
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Young Men's or Women's Associations
Affiliation
Christianity

Official website

Reported finances

Revenue
$4,148,208
Expenses
$4,432,565
Assets
$8,214,326
Liabilities
$448,207

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

Leadership & pay

26 people listed

Executive titles in this filing

  • ZACK KOLARS (PRESIDENT)
  • RYAN VESEY (VICE PRESIDENT)
  • ANDREW BURK (EXECUTIVE DIRECTOR)

Highest reported compensation

  • ANDREW BURK (EXECUTIVE DIRECTOR): $123,521 total reported compensation
  • MICHELLE HUNSTAD (FINANCE DIRECTOR): $110,686 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To put Christian principles into practice through programs and services that build a healthy spirit, mind, body and social well-being for all. To gather communities, making accessible to all high quality programs and services that promote and develop healthy spirit, mind, body and social well-being throughout South Central Minnesota. How We Make A Difference Founded in 1874, the Mankato Family YMCA is a charitable organization working toward a better community for us all. Every day, the Y supports kids, adults, seniors and families with programs that connect, teach, protect, heal and encourage. We work side by side with our neighbors to make sure that everyone – regardless of age, income or background as the same opportunity to learn, grow and thrive.

What it reported doing in 2025

Other program services: the ymca offers a range of programs that address community needs and promote safety, skill development, and engagement.swim lessons served close to 500 participants across all age groups, from infants to adults. Youth sports programs engaged over 700 participants, focusing on skill development and sportsmanship in activities such as basketball, volleyball, flag football, and t-ball.the stride program integrates physical activity, leadership development, and community service, culminating in a 5k event and volunteer engagement.the ymca also provides cpr, first aid, and red cross lifeguard certification courses for staff and community members, ensuring high safety standards.as part of its community outreach, the ymca partners with local organizations, including the greater mankato area united way, partners for housing, and the american red cross, to support initiatives such as literacy events, housing awareness, and blood drives.

Operating model

Revenue model
Other-operating. 70% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 99% 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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 92
  • Accountability: 95
  • Sustainability: 36
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.3%; rating input score 93
  • Program expense ratio: 86.5%; rating input score 86
  • Fundraising efficiency: $10.94 raised per $1 spent on fundraising; rating input score 39; 39th 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: Limited
  • 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 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -6.9%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 1.85; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 59; 59th percentile among comparable filings
  • Officer compensation ratio: 5.3%; rating input score 55; 55th percentile among comparable filings

Growth

  • Program expense growth: 2.5% per year; rating input score 100; 22nd percentile among comparable filings
  • Revenue growth: 1% per year; rating input score 100; 11th percentile among comparable filings
  • Asset growth: -0.6% per year; rating input score 0; 9th percentile among comparable filings

Details

  • What they do: 3 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 93.3% of revenue deployed · 86.5% of spending went to programs
  • Governance: 18 of 18 board members independent · 8 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $3.8M in reported program spending
  • Leadership: top reported pay $124K · 26 people listed
  • Consistency: 36 of 36 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 39/100.
  • High — Sustainability: Operating margin scored 13/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • Review — Sustainability: Officer compensation ratio scored 55/100.
  • Review — Sustainability: Liabilities to assets ratio scored 59/100.