YOUNG MENS CHRISTIAN ASSOCIATION OF South Boston and Halifax County Inc

Nonprofit profile at a glance

EIN
540951231
IRS 990 coverage
2010–2017
Forms available
Form 990 2017
Location
South Boston, VA, USA
Phone
4345728909
Rating
57
Verdict
MIXED
Rating confidence
Moderate
Sector
Young Men's or Women's Associations
Affiliation
Christianity

Official website

Reported finances

Revenue
$718,528
Expenses
$709,072
Assets
$1,020,547
Liabilities
$463,207

Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

19 people listed

Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The ymca of south boston and halifax county is a charitable, community service organization that includes men, women, and children of all ages, abilities, incomes, races and religions. We are dedicated to building strong kids, strong families, and strong communities by putting christian principles into practice through programs that promote healthy lifestyles, strong values, leadership development, community interaction, and international understanding. All persons are welcome at our ymca, regardless of their ability to pay. Our ymca is founded and led by volunteers from our community; volunteers also serve as mentors, coaches, program leaders, instructors and more. Our mission is to build a community where all people, especially the young, are encouraged to develop their fullest potential in spirit, mind, and body.

What it reported doing in 2017

Other possible non-measurable program achievements: a. Develop values for daily living: develop moral and ethical behavior based on judeo-christian principles. B. Appreciate diversity: respect people of different ages, abilities, incomes, races, religions, cultures, and beliefs. C. Become leaders and supporters; learn the give and take necessary to work toward the common good. D. Develop specific skills: acquire new knowledge and ways to grow in spirit, mind and body. Additional suggestions the ymca of south boston/halifax county adds the following information to its exempt purpose as a preface to listing specific program achievements: strategic goals a. Provide opportunities for youth which shape values and encourage lifelong community service . B. Provide activities which support and strengthen all families. C. Encourage and support the development of healthy lifestyles. D. Provide older adults with opportunities to achieve a healthy and productive quality of life. E. Attract diverse staff, volunteers, and members which reflect and foster participation in our region and global community. Operating principles a. Valuing the essential role of volunteers b. Fostering a sense of belonging among members c. Developing the potential of staff and volunteers d. Serving as a catalyst in addressing community issues e. Securing the financial resources necessary to achieve our program goals f. Effectively communicating what the ymca is all about g. Maintaining high quality facilities, programs and management support systems. Program statement: ymca of south boston/halifax county programs are designed for people of all ages, abilities, faiths, ethnic groups and incomes. The ymca of south boston/halifax county offers a welcoming atmosphere where participants feel comfortable and receive the support they need to improve their physical, mental, and spiritual health. Ymca programs help develop self-esteem and self-confidence, build lasting relationships, and increased civic engagement. Services are offered at affordable fees for the community at-large, with financial assistance available for those who cannot afford the full fee.

Operating model

Revenue model
Other-operating. 77% of the money available for current operations came from other operating revenue.
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

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 31
  • Transparency & Controls: 69
  • Accountability: 94
  • Sustainability: 48
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 34.9%; rating input score 35
  • Program expense ratio: 35.4%; rating input score 35
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 9th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: No; rating input score 0
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: Fail

Sustainability

  • Operating margin: 1.3%; rating input score 41; 41st percentile among comparable filings
  • Total-asset coverage ratio: 1.44; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0.45; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 84; 84th percentile among comparable filings

Growth

  • Program expense growth: -17.5% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: 1.2% per year; rating input score 100; 31st percentile among comparable filings
  • Asset growth: 0.8% per year; rating input score 100; 33rd percentile among comparable filings

Details

  • Where the money goes: 34.9% of revenue deployed · 35.4% of spending went to programs
  • Governance: 19 of 19 board members independent · 6 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $251K in reported program spending
  • Leadership: top reported pay $0 · 19 people listed
  • Consistency: 31 of 32 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 8 filing years from 2010 to 2017
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 35/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 35/100.
  • High — Transparency & Controls: Major donor itemization scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 41/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.