Ymcasanford Llc

Nonprofit profile at a glance

EIN
200946875
IRS 990 coverage
2010–2014
Forms available
Form 990 2014
Location
Sioux Falls, SD, USA
Phone
6053236917
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Young Men's or Women's Associations

Official website

Reported finances

Revenue
$1,863,638
Expenses
$2,150,851
Assets
$7,630,070
Liabilities
$1,131,663

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • MIKE DAVIDSON (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MIKE DAVIDSON (EXECUTIVE DIRECTOR): $72,923 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Committed to improving the wellness of families.

What it reported doing in 2014

Physical education & fitness centers provide team and individual sports competition, programs and classes to adults and children of the community. For 2014, the organization held approximately 73 different kinds of classes for adults and children and provided approximately 6,050 class sessions, and 10 week long camps.

Operating model

Revenue model
Earned-program. 100% 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. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 82
  • Accountability: 95
  • Sustainability: 41
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92%; rating input score 92
  • Program expense ratio: 79.6%; rating input score 80
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 6th 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; 64th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • 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: Fail

Sustainability

  • Operating margin: -15.4%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 3.55; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 45; 45th percentile among comparable filings
  • Officer compensation ratio: 3.4%; rating input score 62; 62nd percentile among comparable filings

Growth

  • Program expense growth: 1% per year; rating input score 100; 40th percentile among comparable filings
  • Revenue growth: 4.4% per year; rating input score 100; 52nd percentile among comparable filings
  • Asset growth: -3.7% per year; rating input score 0; 20th percentile among comparable filings

Details

  • Where the money goes: 92% of revenue deployed · 79.6% of spending went to programs
  • Governance: 4 of 4 board members independent · 7 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $1.7M in reported program spending
  • Leadership: top reported pay $73K · 9 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2010 to 2014
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Operating margin scored 10/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 45/100.