Virginia Young Mens Christian Association Inc
Nonprofit profile at a glance
- EIN
- 540881950
- IRS 990 coverage
- 2010–2022
- Forms available
- Form 990 2022
- Location
- Lynchburg Va, VA, USA
- Phone
- 4343859117
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Young Men's or Women's Associations
- Affiliation
- Christianity
Reported finances
- Revenue
- $227,162
- Expenses
- $294,158
- Assets
- $486,584
- Liabilities
- $12,513
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- SHARON DAVIES (EXECUTIVE DIRECTOR)
- THOMAS WEBB (PRESIDENT)
- MARK MINGEE (VICE PRESIDENT)
Highest reported compensation
- SHARON DAVIES (EXECUTIVE DIRECTOR): $66,096 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Board approved mission is "to put christian principles into practice through programs that build a healthy spirit, mind, body for all"
What it reported doing in 2022
Vaymca provides training for teachers/sponsors of the clubs. As an extension of the clubs, they operate model governments programs to teach students about state government and about leadership. The model general assembly is a state-wide youth legislature program for high school students assisted by members of the Virginia general assembly and staff members from the house and senate clerk's offices, students play the roles of senators, delegates, officers, pages, lobbyists, and reporter. They debate proposed changes to Virginia law in committees and on the floors of the house and senate. Mga is a hands-on, learning-by-doing exercise. The model judiciary program allows students to understand Virginia's judicial system through a series of mock trials and appeals. Teen leadership conferences are one-day, mini-versions of the model general assembly designed for middle school students. Scholarship assistance is available on an as-needed basis.
Operating model
- Revenue model
- Earned-program. 71% of the money available for current operations came from fees and other program 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.
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: 87
- Transparency & Controls: 90
- Accountability: 90
- Sustainability: 28
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 90.4%; rating input score 90
- Fundraising efficiency: $2.92 raised per $1 spent on fundraising; rating input score 12; 12th 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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -29.5%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 1.65; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 41; 41st percentile among comparable filings
- Officer compensation ratio: 22.5%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: -1.6% per year; rating input score 0; 29th percentile among comparable filings
- Revenue growth: -2.4% per year; rating input score 0; 20th percentile among comparable filings
- Asset growth: -0.8% per year; rating input score 0; 23rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 90.4% of spending went to programs
- Governance: 7 of 7 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $266K in reported program spending
- Leadership: top reported pay $66K · 8 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 4 filed schedules
- Filing history: 12 filing years from 2010 to 2022
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 12/100.
- High — Sustainability: Operating margin scored 11/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- High — Sustainability: Officer compensation ratio scored 17/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 41/100.