Young Men's Christian Association
Nonprofit profile at a glance
- EIN
- 561036861
- IRS 990 coverage
- 2011–2011
- Forms available
- Form 990 2011
- Location
- Statesville, NC, USA
- Phone
- 7048739622
- Rating confidence
- Limited
- Sector
- Young Men's or Women's Associations
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,905,473
- Expenses
- $2,066,365
- Assets
- $4,790,599
- Liabilities
- $1,619,754
Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
15 people listed
Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The ymca of iredell county is a unique organization because it deals with a wide cross section of the population of iredell county. There is no other membership organization in our community that serves such a diverse group of people. Our facilities are utilized by people from all socio-economic levels, races, religions and ages. Our programs are based on the philosophy that everyone needs to develop themselves in spirit, mind, and body. Our programs are utilized by those at the peak of good physical condition as well as those who have severe physical and mental limitation. Among our members are people with terminal illnesses who feel that exercise is a way to extend their lives and those in the best of health who feel that exercise and fitness enhances their lives. Between these two extremes are people of every other level of fitness. In all our programs and dealings with the community, we stress the triangle of healthy spirit, mind and body for all. Thousands of iredell county's citi
What it reported doing in 2011
The health and fitness program provides fitness, sports and aquatic activities. Fitness activities consist of over 100 exercises classes each week and we provide four different workout areas. Fitness provides a team of trained and knowledgeable professionals to assist our members in cardio vascular and strength training equipment. Over 11,000 people have been provided fitness activities this year. The sports activities provide youth and adults with organized team sports competition. We provide a fun and safe environment for members and non-members to participate in various sporting activities. This enhances the competitive spirit and improves self-esteem. Sports collaborate with local churches, schools and other organizations to provide sports activity to the community. Over 2,400 people participated this year in these collaborations. Aquatic activities provide swim lessons, water exercise and water safety classes. Education and participation in aquatics helps to build endurance, teach and improve swimming skills and teach individuals how to be safe in and around the water. Over 11,000 people have been provided aquatic activities this year. The health and fitness program's goal is to educate and assist members with improving their overall fitness level and promote the ymca's mission to help grow in spirit, mind and body.
Operating model
- Revenue model
- Membership-supported. 80% of the money available for current operations came from membership dues.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Accountability: 94
- Sustainability: 43
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 60th 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: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -8.4%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 2.32; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 0.34; rating input score 33; 33rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 86; 86th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 14 of 14 board members independent · 6 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $1.8M in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 3 filed schedules
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 18/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 33/100.