The Granite YMCA
Legal name: Young Men's Christian Association of Concord Nh
Nonprofit profile at a glance
- EIN
- 020223358
- IRS 990 coverage
- 2011–2020
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2020
- Location
- Manchester, NH, United States
- Phone
- 603.782.2819
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Young Men's or Women's Associations
- Affiliation
- Christianity
Reported finances
- Revenue
- $2,463,949
- Expenses
- $5,127,009
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- BRIAN LAVOIE (PRESIDENT)
- JAMES DOREMUS (CEO)
Highest reported compensation
- JAMES DOREMUS (CEO): $109,587 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Granite YMCA creates a community where all are welcome and builds a healthy spirit, mind, and body based on the values of caring, honesty, respect, and responsibility.
What it reported doing in 2020
Childcare and youth services program - the young men's christian association of concord, nh child development center (cdc) has embraced and provided solutions for the priority needs that have been identified by the community needs assessment conducted by granite united way. The program provides access to affordable, high quality childcare that strengthens families, ensures child safety, and facilitates social and cognitive development. The young men's christian association of concord, nh child development center is only one of about 9% of all licensed childcare providers in New Hampshire that have achieved license plus certification. (license plus is a certification established by the nh bureau of childcare licensing that is representative of a higher quality.) as part of our charitable mission, we recognize the need to ensure that high quality, licensed, curriculum-based needs be accessible to all, including families of low-income. Consequently, the cdc administers the child care development fund and an additional scholarship fund that we fund through the united way of merrimack county support and our own organizational fundraising efforts. Youth programs - the young men's christian association of concord, nh kydstop program has embraced and provided solutions for the priority needs that have been identified by the community needs assessment conducted by granite untied way. Inherent in our philosophy is providing high quality, licensed, curriculum-based child care that ensures child safety and meets or exceeds best practice standards. Many afterschool and summer camp programs are not state licensed.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 64% of its reported program spending out as grants.
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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 94
- Accountability: 100
- Sustainability: 9
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.4%; rating input score 98
- Fundraising efficiency: $37.9 raised per $1 spent on fundraising; rating input score 70; 70th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 71st percentile among comparable filings
- 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: -108.1%; rating input score 1; 1st 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: 2.1%; rating input score 75; 75th percentile among comparable filings
Growth
- Program expense growth: 7% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 0.9% per year; rating input score 100; 23rd percentile among comparable filings
- Asset growth: -1.6% per year; rating input score 0; 12th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 9 operating locations identified
- Where the money goes: 100% of revenue deployed · 98.4% of spending went to programs
- Governance: 18 of 18 board members independent · 8 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $5M in reported program spending
- Leadership: top reported pay $110K · 19 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 10 filing years from 2011 to 2020
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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 — Sustainability: Operating margin scored 1/100.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- High — Growth: Asset growth scored 0/100.