Youn Men's Christian Association of Florida's Emerald Coast

Nonprofit profile at a glance

EIN
590978077
IRS 990 coverage
2010–2013
Forms available
Form 990 2013
Location
Destin, FL, USA
Phone
8506509622
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Young Men's or Women's Associations
Affiliation
Christianity

Official website

Reported finances

Revenue
$1,798,280
Expenses
$2,356,772
Assets
$4,966,962
Liabilities
$5,272,744

Source: IRS Form 990. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • Rudy Wright (President & CEO, Non-voting Board Member)
  • Michael Rojas (President & CEO, Non-voting Board Member)

Highest reported compensation

  • Rudy Wright (President & CEO, Non-voting Board Member): $59,038 total reported compensation
  • Michael Rojas (President & CEO, Non-voting Board Member): $32,171 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To put Christian principles into practice through programs that build a healthy spirit, mind and body for all.

What it reported doing in 2013

4b - Promote Healthy Living. The YMCA strives to be the benchmark, from which individuals, families, organizations and communities emulate, as we work to reclaim or maintain the balance between spirit, mind and body. Committed to supporting people in their efforts to be active, engaged and healthy, the Y is a place where all in our community can challenge themselves to learn a new skill, connect with others and focus on family. Promote Healthy Living Goals: Membership. Participation in Y memberships encourage all members to engage with the Y on a weekly basis. Our Y memberships represent the community and reflect the demographics of community reach. Land and Aquatic Fitness. Men and women are able to continue exercise as part of their healthy lifestyle after 90 days - a critical habit-changing time period. Coaching Connection. Close to 80% of members who engage in the Y for a minimum of two times a week for one year will report that they have made positive changes that have led to improved health and well-being. Through supportive relationships and environments, our staff of instructors, coaches and trainers will remain ready to assist in bridging the gap so every health seeker can realize their true potential in the successful pursuit of health and well-being.

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 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 70
  • Accountability: 100
  • Sustainability: 30
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 88%; rating input score 88
  • Fundraising efficiency: $11.82 raised per $1 spent on fundraising; rating input score 47; 47th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • 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; 64th 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: -31.1%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 2.11; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 1.06; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 3.9%; rating input score 62; 62nd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -6.2% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: -7.3% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 88% of spending went to programs
  • Governance: 8 of 8 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $2.1M in reported program spending
  • Leadership: top reported pay $59K · 16 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 47 of 47 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 3 filing years from 2010 to 2013
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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 — Growth: Revenue growth scored 0/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 47/100.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.