YMCA of South Collier Inc

Nonprofit profile at a glance

EIN
592498619
IRS 990 coverage
2012–2021
Forms available
Form 990 2021
Location
Marco Island, FL, USA
Phone
2393943144
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Young Men's or Women's Associations
Affiliation
Christianity

Official website

Reported finances

Revenue
$4,153,247
Expenses
$3,179,111
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

12 people listed

Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the Greater Marco Family YMCA is to improve the lives of all on Marco Island and surrounding areas by connecting individuals, families, and communities with opportunities based on Christian values that strengthen spirit, mind, and body. We put Judeo-Christian principles into practice through its programs that build a healthy spirit, mind, and body for all. We are more than just programs, partnerships, and numbers. The YMCA is about engaging and connecting its members and making an impact and investment in its community. Everyone has their reasons for becoming a member, volunteering, or participating in YMCA activities and programs. The Greater Marco Family YMCA, Inc. offers a place where people can gather in the pleasures of good company and develop friendships as well as opportunities for fellowship. The Greater Marco Family YMCA, Inc. will continue to build strong kids, strong families, and strong communities while making the YMCA a "home away from home" for all.

What it reported doing in 2021

Youth Development: Our YMCA is committed to nurturing the potential of every child and teen. We believe that all kids deserve the opportunity to discover who they are and what they can achieve. That's why we help young people cultivate the values, skills and relationships that lead to positive behaviors, better health and educational achievement. Our YMCA programs, such as Youth in Government, Y Reads mentoring and enrichment programs, academic enrichment and homework assistance, and literacy summer camps and wellness programs, offer a range of experiences that enrich cognitive, social, physical and emotional growth and wellness. Expenses include subsidies and direct financial assistance that make participation possible for over 80 percent of the young people that we engage. To a large degree serving Title 1 schools and their students.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 98% 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. The filing does not identify recipients for some grant dollars and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 76
  • Accountability: 100
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.6%; rating input score 75
  • Program expense ratio: 96%; rating input score 96
  • Fundraising efficiency: $65.27 raised per $1 spent on fundraising; rating input score 80; 80th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 6 of 6 controls in place; rating input score 100
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Scored; rating input score 0
  • 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 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: 23.5%; rating input score 75; 75th 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: 7.7%; rating input score 34; 34th percentile among comparable filings

Growth

  • Program expense growth: 3.7% per year; rating input score 100; 44th percentile among comparable filings
  • Revenue growth: 4.8% per year; rating input score 100; 46th percentile among comparable filings
  • Asset growth: 1.7% per year; rating input score 100; 22nd percentile among comparable filings

Details

  • Where the money goes: 74.6% of revenue deployed · 96% of spending went to programs
  • Governance: 11 of 11 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $3.1M in reported program spending
  • Leadership: top reported pay $243K · 12 people listed · 6 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed
  • Consistency: 37 of 37 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 10 filing years from 2012 to 2021
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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: Grant itemization coverage scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 34/100.