Waterville Area Ymca
- Assets
- $865.1k
- Revenue
- $637.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Waterville, ME
- Founding
- 01/1971
- Data as of
- 03/2022
- EIN
- 01-0283465
Organization Overview
Waterville Area Ymca is located in Waterville, ME. The organization was established in 1971. According to its NTEE Classification (P27) the organization is classified as: Young Mens or Womens Associations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waterville Area YMCA is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Waterville Area YMCA generated $637.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $715.6k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE AND ENABLE ALL YOUNG PEOPLE AND THEIR FAMILIES TO REALIZE THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AQUATICS AND ATHLETICS: THE ORGANIZATION OFFERS A VARIETY OF AQUATIC AND YOUTH SPORT PROGRAMS. THESE PROGRAMS INCLUDE LEARNING TO SWIM AT ALL AGES, THE DOLPHINS SWIM TEAM, WATER AEROBICS, LIFEGUARD TRAINING, SCUBA LESSONS, YOUTH BASEBALL, FOOTBALL, BASKETBALL, SOCCER, FIELD HOCKEY, VOLLEYBALL AND SEVERAL OTHERS.
HERITAGE TOUR PROGRAM: THE AMERICAN HERITAGE TOUR IS A CONSTANTLY EVOLVING EDUCATIONAL JOURNEY FOR MIDDLE SCHOOL STUDENTS, DESIGNED AS AN INTEGRATED APPROACH TO TEACHING HISTORY AND CONTRIBUTING EFFECTIVELY AS CITIZENS. THE PLANNING, GROUP WORK, AND TOUR ITINERARY ARE PARALLEL TO MAINE'S COMMON CORE OF LEARNING AND PROVIDE A WONDERFUL OPPORTUNITY TO SHARE A VISION WITH THE LOCAL SCHOOL SYSTEMS THAT PARTICIPATE. STUDENTS WILL MEET FOR AN ENTIRE YEAR TO LEARN ABOUT THE PLACES THEY WILL VISIT AND HOW THE HISTORY AND CULTURE OF THAT PLACE OR TIME IMPACTS OUR WORLD TODAY.
CAMP TRACY IS A STATE LICENSED SUMMER DAY CAMP PROGRAM FOR BOYS AND GIRLS ENTERING GRADES 1 THROUGH 8. THE PURPOSE OF THE PROGRAM IS TO CONTINUE THE YMCA'S MISSION OF OFFERING PROGRAMS WHICH ENHANCE AN INDIVIDUAL'S SPIRIT, MIND, AND BODY. THROUGH ACTIVITIES SUCH AS OUTDOOR EDUCATION, SWIMMING LESSONS, ARTS AND CRAFTS, AND OTHER TRADITIONAL ACTIVITIES, YOUR CHILD WILL LEARN NEW SKILLS, MAKE NEW FRIENDS, AND ACQUIRE MORE CONFIDENCE WHEN DEALING WITH OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Bernatchez Chair | OfficerTrustee | 1 | $0 |
Scott Jones Past Chair | OfficerTrustee | 1 | $0 |
James Hughes Treasurer | OfficerTrustee | 1 | $0 |
Erik Nadeau 2nd Vice Cha | OfficerTrustee | 1 | $0 |
Ken Walsh CEO | Officer | 40 | $0 |
Dennis Worster Finance Dire | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $625 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,605 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,636 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,866 |
| Total Program Service Revenue | $602,609 |
| Investment income | $6,227 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $637,702 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $399,357 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $41,342 |
| Payroll taxes | $30,003 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,229 |
| Advertising and promotion | $0 |
| Office expenses | $7,083 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $120,941 |
| Travel | $2,235 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $627 |
| All other expenses | $0 |
| Total functional expenses | $715,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $207 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $418,350 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $446,584 |
| Total assets | $865,141 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $326,846 |
| Total liabilities | $326,846 |
| Net assets without donor restrictions | -$326,639 |
| Net assets with donor restrictions | $864,934 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $865,141 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Waterville Area Ymca has recieved totaling $17,265.
| Awarding Organization | Amount |
|---|---|
Marjorie & Rufus Bond Benevolent Tr C/O Merrill Trust Co Ttee Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $9,196 |
National Council Of Young Mens Christian Assns Of The Usa Chicago, IL PURPOSE: Program Support | $6,772 |
Fred L Murray Irrv Tr Ua Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $1,250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $47 |
Endowment Analysis
| Beg. Balance | $414,768 |
| Earnings | $22,564 |
| Admin Expense | $2,762 |
| Other Expense | $16,220 |
| Ending Balance | $418,350 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Granite Ymca Manchester, NH | $42,208,261 | $24,707,664 |
Young Mens Christian Association Of Greater Nashua Nashua, NH | $26,864,143 | $15,906,004 |
Young Mens Christian Association Of Southern Maine Portland, ME | $12,960,885 | $7,079,431 |
Bangor Young Mens Christian Association Bangor, ME | $20,516,429 | $15,937,355 |
Concord Family Ymca Concord, NH | $0 | $2,463,949 |
Down East Family Ymca Ellsworth, ME | $3,285,467 | $5,309,341 |
Penobscot Bay Ymca Rockport, ME | $11,714,416 | $4,267,385 |
Young Mens Christian Association Ymca Camp Coniston Inc Grantham, NH | $10,729,273 | $5,482,065 |
Keene Young Mens Christian Association Keene, NH | $13,306,435 | $3,956,681 |
Young Mens Christian Association Booth Bay Region Boothbay Harbor, ME | $25,612,940 | $5,989,695 |
Bath Area Family Ymca Bath, ME | $8,511,150 | $3,889,439 |
Young Mens Christian Association Auburn-Lewiston Maine Auburn, ME | $9,172,706 | $4,117,782 |