Young Mens Christian Association of Naugatuck Inc

What it reported doing in 2024

Member services at the naugatuck ymca includes full facility access and use of the wellness centers, gymnasium, racquetball court, 6 lane 25 yard swimming pool, group exercise studio, spin studio, yoga studio, and fully-equipped locker rooms.the ymca offers a welcoming atmosphere where health seekers can feel comfortable and receive the encouragement and support they need to continue healthy living through the guidance of trained professionals. The ymca programs are designed to serve people of all ages, abilities, incomes, and walks of lifethe naugatuck ymca is committed to using its resources in cooperation with the greater community and its associated agencies including the borough of naugatuck, wellmore, board of education, youth services, western Connecticut area agency on aging and Connecticut community foundation, united way of naugatuck, and partnership for youth and families. Among others. Additional community service programs provided by the naugatuck ymca include aquatic testing, cpr and first aid training courses, life-saving classes and certifications, enhanced fitness for our active older adult community, livestrong at the ymca, preschool development grant, leadership development, facilities for church services and several support groups.by providing accessibility to the community through programs such as our financial assistance program, we were able to offer assistance to those in need on the most fundamental of levels, affordability. In 2019, more than 350 families and individuals participated in the financial assistance program, receiving subsidies and assistance that ensured that no one is unable to participate due to the inability to pay for services.

Financial Efficiency

• Mission deployment rate: 96.4%; rating input score 96
• Program expense ratio: 96.5%; rating input score 96
• Fundraising efficiency: $210.01 raised per $1 spent on fundraising; rating input score 92; 92nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• 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; 63rd 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: 0.1%; rating input score 34; 34th percentile among comparable filings
• Total-asset coverage ratio: 1.03; rating input score 38; 38th percentile among comparable filings
• Liabilities to assets ratio: 0.08; rating input score 63; 63rd percentile among comparable filings
• Officer compensation ratio: 4.2%; rating input score 59; 59th percentile among comparable filings

Growth

• Program expense growth: 10.3% per year; rating input score 100; 65th percentile among comparable filings
• Revenue growth: 8.1% per year; rating input score 100; 60th percentile among comparable filings
• Asset growth: 0.5% per year; rating input score 100; 14th percentile among comparable filings