Capital District YMCA

What it reported doing in 2024

Core to the Y's Mission is Youth Development. The Capital District YMCA is committed to nurturing the potential in every child and teen. We are the largest provider of childcare in the Capital Region, with 4 Early Learning Centers and over 30 childcare locations across the region, serving more than 2,000 children. In addition, each summer we care for more than 3,000 children in our day and overnight camp programs. We provide subsidies and direct financial assistance that make participation possible for the young people we engage. We provide a host of programs and services that address our belief that all youth deserve the opportunity to develop into their best selves. Toward that end, we help young people cultivate values, skills, and relationships that lead to positive behaviors, better health, and educational achievement. Our programs provide a wealth of experiences that enrich cognitive, social, physical, and emotional growth. Middle and high school students from all backgrounds are welcome in our Black & Latino Achievers program, and benefit from our efforts to help them develop a positive sense of their self-worth; raise their academic standards; and build character. Achievers have the chance to explore career and education options while being mentored by caring adults, attending workshops and workplace tours, college preparation classes, and more. Our Leaders Club is one of our most intensive and comprehensive teen programs. It provides opportunities for leadership training, personal growth, service to others, and social development. Young people meet in small groups, working closely with their peers and a counselor on skill- and character-building activities, as well as on planning and organizing club projects. Students in our Youth & Government program are empowered to make a difference in their communities through education and problem-solving experiences as they navigate New York's legislative process and develop their skills and confidence to serve our communities. Among our unique regional benefits to children is our regional resident camp and outdoor education center, which serves children and adults year round. Our Outdoor Education programs include stream, wetlands, forest, and lake study; composting, gardening, and farm animal care; and low-impact hiking/camping and teambuilding. Campers have the opportunity to develop outdoor living skills, practice environmentally sustainable living, increase self-esteem, improve teamwork and communication skills, and accept personal and group challenges in a safe and supportive environment.

Financial Efficiency

• Mission deployment rate: 92%; rating input score 92
• Program expense ratio: 89.7%; rating input score 90
• Fundraising efficiency: $15.73 raised per $1 spent on fundraising; rating input score 51; 51st percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Pass
  • Compensation survey or study: Missing
  • 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; 66th 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: -2.3%; rating input score 23; 23rd percentile among comparable filings
• Total-asset coverage ratio: 1.31; rating input score 46; 46th percentile among comparable filings
• Liabilities to assets ratio: 0.47; rating input score 31; 31st percentile among comparable filings
• Officer compensation ratio: 2.5%; rating input score 72; 72nd percentile among comparable filings

Growth

• Program expense growth: 0.3% per year; rating input score 100; 12th percentile among comparable filings
• Revenue growth: 0.1% per year; rating input score 100; 9th percentile among comparable filings
• Asset growth: -0% per year; rating input score 0; 10th percentile among comparable filings