Young Mens Christian Association of Greater Long Beach
Nonprofit profile at a glance
- EIN
- 951643396
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Long Beach, CA, USA
- Phone
- 5622791700
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Young Men's or Women's Associations
- Affiliation
- Christianity
Reported finances
- Revenue
- $47,717,134
- Expenses
- $44,141,551
- Assets
- $50,590,227
- Liabilities
- $15,400,451
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
69 people listed
Executive titles in this filing
- ALFREDO VELASCO (President & CEO)
Highest reported compensation
- ALFREDO VELASCO (President & CEO): $421,418 total reported compensation
- MARIO VARGAS (EXEC DIR LAKEWOOD): $160,924 total reported compensation
- CLAUDIA MENDOZA (VP OF HR): $156,999 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the YMCA of Greater Long Beach is to put Judeo-Christian principles into practice through programs that develop healthy spirit, mind and body for all.
What it reported doing in 2024
Programs for Social Responsibility4,026 learned the value of giving back to their community and the importance of social responsibility through involvement with the YMCAs diverse and inclusive programs. With our doors open to all, we take on the most urgent needs in our community and bring together people from all backgrounds and support those who need us most. It is only through the support of our volunteers and donors that we are able to give back to the communities we engage. As a service to our community, we provide programs in Workforce Development, Newcomer Immigrant Orientation, Volunteerism, Leadership Development, and Youth Civic Engagement.
Operating model
- Revenue model
- Grant-funded. 66% of the money available for current operations came from government grants.
- 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 94
- Accountability: 99
- Sustainability: 53
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.4%; rating input score 83
- Program expense ratio: 89.8%; rating input score 90
- Fundraising efficiency: $47.09 raised per $1 spent on fundraising; rating input score 75; 75th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Compensation committee: Pass
- Independent consultant: Pass
- 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: 98.3%; rating input score 98; 31st percentile among comparable filings
- Governance controls: 9 of 9 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: 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: 7.5%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 1.15; rating input score 41; 41st percentile among comparable filings
- Liabilities to assets ratio: 0.3; rating input score 46; 46th percentile among comparable filings
- Officer compensation ratio: 4%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 10.1% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: 7.8% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: 9.7% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 83.4% of revenue deployed · 89.8% of spending went to programs
- Governance: 58 of 59 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $39.6M in reported program spending
- Leadership: top reported pay $421K · 69 people listed · 6 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $579K reported
- Consistency: 32 of 32 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 11 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 46/100.