Ymca of Greater St Petersburg Facility Operations Inc
Nonprofit profile at a glance
- EIN
- 471104673
- IRS 990 coverage
- 2016–2021
- Forms available
- Form 990 2021
- Location
- St Petersburg, FL, USA
- Phone
- 7278959622
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
- Affiliation
- Christianity
Reported finances
- Revenue
- $3,487,521
- Expenses
- $3,551,001
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
33 people listed
Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the ymca of greater st. Petersburg facility operations is to put judeo-christian principles into practice through programs that build healthy spirit, mind and body for all. We advance our mission by helping the people we touch reach their full potential by improving their total well being - spiritually, intellectually, and physically. We serve our community within our boundaries, from the west side of tampa bay at ulmerton road to starkey road and south across the stuart causeway to the beach at gulf boulevard, all areas south and east of these boundaries within pinellas county. We provide a variety of programs that build self-esteem, challenge the mind, and encourage healthier lifestyles.
What it reported doing in 2021
The ymca of greater st. Petersburg established the ymca of greater st. Petersburg facility operations, inc. ("facility operations"), on august 6, 2014 solely to support the charitable purposes, mission, goals, and activities of the ymca of greater st. Petersburg. As such, facility operations' activities included raising funds and servicing certain notes payable for the benefit of its supported organization, the ymca of greater st. Petersburg. In 2021, these notes were forgiven and facility operations transferred all assets to the ymca and dissolved.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 58% for direct work, and 42% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 68
- Accountability: 91
- Sustainability: 18
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.6%; rating input score 100
- Program expense ratio: 97.8%; rating input score 98
- Fundraising efficiency: $0 raised per $1 spent on fundraising; rating input score 0; 0th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 71st percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- 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: -1.8%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 1.8%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: 7.7% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 7.7% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: -17.3% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 99.6% of revenue deployed · 97.8% of spending went to programs
- Governance: 30 of 30 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $3.5M in reported program spending
- Leadership: top reported pay $254K · 33 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $566K reported
- Consistency: 22 of 22 current checks pass
- Schedules: 6 filed schedules · includes grants and executive pay
- Filing history: 6 filing years from 2016 to 2021
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 0/100.
- High — Sustainability: Operating margin scored 18/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- High — Growth: Asset growth scored 0/100.