Young Men's Christian Association of Broward County Florida Inc

What it reported doing in 2014

Child care - the ymca of broward county has been and continues to be one of the largest providers of child care in our area for over 21 years. Currently, we provide high quality out of school time programs (after school, holiday care, etc.) to approximately 6,050 children annually. Of these children, over 80% receive scholarships due to financial hardships. The ymca is committed to assuring that children from all backgrounds receive the same services. An increased number of children who are homeless or in the foster care system are being included at no charge to the family. Additionally, the ymca operates the broward inclusion child care program that is designed to increase the availability of childcare for children with disabilities. There are over 480 children being served in this program on a daily basis. A full day childcare program is also available for young children with scholarships available to those requiring financial assistance. Our programs are based upon years of research in the field of child development and are designed to meet the individual needs of the child and the family as a whole. Providing high quality child care is central to the y's mission. Woven into the fabric of our mission and high quality childcare is a commitment to strengthening families. We recognize an all too growing number of families from every socioeconomic level are neglected, adrift and in trouble. The stress and strain of balancing work and family is becoming more difficult to bear. The ymca of broward county assists in reducing this burden through the provision of tuition assistance for childcare services. Over $3,600,000 this past year was awarded to families to defray their fees. Additionally, we aid families who might need other forms of help due to family violence, loss of a job, substance abuse, etc. By collaborating with other social service agencies. Our third area of emphasis is on parent education. Through a variety of activities, which bring teachers and parents together, we focus on helping parents lean more about how to raise healthy, happy children who can grow into responsible caring adults. Camp the day camp the ymca of broward county offers is both a recreational and lasting experience of personal enrichment. The program is designed to help campers be aware of their bodies and fitness. They are also structured to help youth learn the value of cooperation and gain confidence to challenge themselves to achieve personal growth. The ymca of broward county provides a safe, clean environment and a quality program in which their children can spend their summer and school days off. We offer a valuable alternative to children staying home alone. Our hours are flexible (7:30 am 6:00 pm). Summer camps are open for ten weeks and holiday camps are available 22 days during the school year. Scholarships are provided for approximately 85% of the children and a continuum of care is available for children with disabilities as well. A strong collaboration with outside service-oriented organizations provides for additional services to help meet the needs of the children and families we serve. In 2014 the association served approximately 2,255 clients in the summer camp (general population and children with disabilities). Education & leadership the ymca is committed to providing a continuum of care for individuals with disabilities. In addition to children who are served in the after-school programs, a respite program for adults with developmental disabilities is offered each afternoon through the typical school year. The adults who are unable to be left unsupervised, then attend a full day training program during the summer months when their educational programs are closed. This allows for their parents/guardians to continue employment as they strive to maintain self-sufficiency. Over 380 adults participate annually in these programs and all receive financial assistance in order to attend.

Financial Efficiency

• Mission deployment rate: 84.1%; rating input score 84
• Program expense ratio: 85.4%; rating input score 85
• Fundraising efficiency: $19.07 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd 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; 69th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Fail
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 1.6%; rating input score 42; 42nd percentile among comparable filings
• Total-asset coverage ratio: 0.72; rating input score 33; 33rd percentile among comparable filings
• Liabilities to assets ratio: 0.4; rating input score 45; 45th percentile among comparable filings
• Officer compensation ratio: 4.1%; rating input score 46; 46th percentile among comparable filings

Growth

• Program expense growth: -2.6% per year; rating input score 0; 18th percentile among comparable filings
• Revenue growth: 6.2% per year; rating input score 100; 63rd percentile among comparable filings
• Asset growth: -0.3% per year; rating input score 0; 22nd percentile among comparable filings