Youth Maritime Training Assoc
Nonprofit profile at a glance
- EIN
- 911862514
- IRS 990-EZ coverage
- 2010–2013
- Forms available
- Form 990-EZ 2013
- Location
- Lynnwood, WA, USA
- Phone
- 2067821767
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities N.E.C.
Reported finances
- Revenue
- $27,268
- Expenses
- $31,693
- Assets
- $38,893
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- GARY STAUFFER (PRESIDENT)
People named in this filing
- GARY STAUFFER (PRESIDENT)
- NORM MANLY (PAST PRESIDE)
- DOUG DIXON (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Ymta is dedicated to serving the youth k-12 of Washington state by opening pathways to maritime employment and building awareness of the maritime industry's contribution to pacific northwest communities; ymta provides every interested student with the information, inspiration and education required to venture into the real world.
What it reported doing in 2013
In 2013 ymta was partnered with 9 schools and 2 community groups throughout puget sound region to support their programs which give students marine experiences. Through these partnerships they interacted with about 200-300 students in 2013. In addition, gary personally mentored about 7 maritime students of which all are pursuing a maritime career. In addition to working with youth programs, ymta continues to build a network of maritime programs, teachers, post-high school training programs, and industry representatives. They had served on many committees and boards seeking to develop maritime training opportunities. Almost all towboat companies operating in puget sound have at least one bma or ymta mentored student or ymta scholarship winner working in their fleet.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 100
- Sustainability: 34
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 92.9%; rating input score 93
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -16.2%; rating input score 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 1.23; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: 2.6% per year; rating input score 100; 56th percentile among comparable filings
- Revenue growth: 2.6% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: -12.8% per year; rating input score 0; 22nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 92.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $29K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2010 to 2013
- 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.
- High — Sustainability: Operating margin scored 24/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.