YMCA of South Florida

Legal name: Young Men's Christian Association of South Florida Inc

Nonprofit profile at a glance

EIN
590624464
IRS 990 coverage
2010–2024
Official website data refreshed
Jul 2026
Forms available
Form 990 2024
Location
Fort Lauderdale, FL, USA
Phone
9543570273
Rating
82
Verdict
STRONG
Rating confidence
Standard
Affiliation
Christianity

Official website

Reported finances

Revenue
$69,326,866
Expenses
$60,657,249
Assets
$73,066,461
Liabilities
$26,173,802

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

31 people listed

Executive titles in this filing

  • SHERYL A WOODS (CEO - PRESIDENT)
  • GABRIEL R OCHOA (SENIOR VICE PRESIDENT)
  • JACQUELINE ROCA (VICE PRESIDENT OF HR)
  • LUCIA SASTRE (VICE PRESIDENT)

Highest reported compensation

  • SHERYL A WOODS (CEO - PRESIDENT): $451,774 total reported compensation
  • TARA MONTENARO (COO): $276,390 total reported compensation
  • GABRIEL R OCHOA (SENIOR VICE PRESIDENT): $176,822 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to put Judeo-Christian principles into practice through programs that build healthy spirit, mind and body for all. In our community, the Y is a leading voice on health and well-being. With a mission centered on balance, the Y brings families closer together, encourages good health and fosters connections through fitness, sports, fun and shared interests. As a result, more youth, adults, and families are receiving the support, guidance, and resources needed to achieve greater health and well-being for their spirit, mind, and body. SOCIAL RESPONSIBILITY GIVING BACK AND PROVIDING SUPPORT TO OUR NEIGHBORS.

What it reported doing in 2024

Family time the ymca brings parents and children together for life enriching experiences. We believe the ymca can help in strengthening relationships in families by providing fun and meaningful programs and activities. Time together as a family is valuable; the ymca provides quality physical and social programs and activities, designed specifically for families. All ymca programs place a strong emphasis on family. Activities are planned that foster understanding and companionship. Groups of families become support systems for one another, learning from each other and from their children in an enjoyable way. Programs such as mommy & me and y-adventure guides provide opportunities for parents to enjoy quality time with their children. Additionally, parent education classes are offered periodically to provide instruction in parenting, guidance, discipline, and money management. Approximately 9,700 families participate in these programs annually. In order to provide the most needy families with additional support, the ymca conducted food and toy drives. Approximately 6,500 families are recipients of food, toys, and back-to-school supplies for their children during the holidays and school year in 2024.

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 99% 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. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 86
  • Accountability: 95
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.8%; rating input score 71
  • Program expense ratio: 80.1%; rating input score 80
  • Fundraising efficiency: $37.95 raised per $1 spent on fundraising; rating input score 70; 70th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 28th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • 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; 77th 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: 12.5%; rating input score 78; 78th percentile among comparable filings
  • Total-asset coverage ratio: 1.2; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: 0.36; rating input score 50; 50th percentile among comparable filings
  • Officer compensation ratio: 2.9%; rating input score 40; 40th percentile among comparable filings

Growth

  • Program expense growth: 7.5% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: 11.1% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 10.2% per year; rating input score 100; 71st percentile among comparable filings

Details

  • What they do: 3 programs and campaigns described on the official site
  • Where the money goes: 70.8% of revenue deployed · 80.1% of spending went to programs
  • Governance: 21 of 21 board members independent · 8 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $48.6M in reported program spending
  • Leadership: top reported pay $452K · 31 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $4M reported
  • Consistency: 35 of 38 current checks pass · 3 findings to review
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 9 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: Document-retention policy not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • Moderate — Transparency & Controls: Schedule D expense reconciliation did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Schedule D revenue reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 40/100.
  • Review — Sustainability: Liabilities to assets ratio scored 50/100.