Glow Young Mens Christian Association Inc
- Assets
- $22.0m
- Revenue
- $7.7m
- Investments
- $93.5k
- Employees
- 291
- Location
- Batavia, NY
- Founding
- 02/1973
- Data as of
- 08/2022
- EIN
- 16-0743230
Organization Overview
Glow Young Mens Christian Association Inc, operating under the name Glow Ymca, is located in Batavia, NY. The organization was established in 1973. 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. As of 08/2022, Glow YMCA employed 291 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glow 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 08/2022, Glow YMCA generated $7.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $4.5m during the year ending 08/2022. While expenses have increased by 3.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 DEVELOP THE SPIRITUAL, MENTAL AND PHYSICAL WELLNESS OF ALL PEOPLE IN AN ATMOSPHERE OF CHRISTIAN FELLOWSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR YMCA IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN. WE BELIEVE THAT ALL KIDS DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. THAT'S WHY WE HELP YOUNG PEOPLE CULTIVATE THE VALUES, SKILLS AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH AND EDUCATIONAL ACHIEVEMENT. OUR YMCA PROGRAMS, SUCH AS UNIVERSAL PRE-K, SCHOOL AGED CHILD CARE, SUMMER RECREATION, SUMMER RESIDENT AND DAY CAMPS OFFER A RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL AND EMOTIONAL GROWTH. NET REVENUES INCLUDE SUBSIDIES AND DIRECT FINANCIAL ASSISTANCE THAT MAKE PARTICIPATION POSSIBLE FOR ALL REGARDLESS OF THEIR ABILITY TO PAY.
THE Y IS A LEADING VOICE ON HEALTH AND WELL-BEING. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE GOOD HEALTH AND FOSTER CONNECTIONS THROUGH FITNESS, SPORTS, FUN AND SHARED INTERESTS. AS A RESULT, PEOPLE IN OUR COMMUNITY ARE RECEIVING THE SUPPORT, GUIDANCE AND RESOURCES THEY NEED TO ACHIEVE GREATER HEALTH IN SPIRIT, MIND AND BODY. THIS IS PARTICULARLY IMPORTANT AS OUR NATION STRUGGLES WITH AN OBESITY CRISIS, FAMILIES STRUGGLE WITH WORK/LIFE BALANCE AND INDIVIDUALS SEARCH FOR PERSONAL FULFILLMENT. OUR PROGRAMS ARE ACCESSIBLE, AFFORDABLE AND OPEN TO ALL FAITHS, BACKGROUNDS, ABILITIES AND INCOME LEVELS.
OUR YMCA BELIEVES IN GIVING BACK AND SUPPORTING OUR NEIGHBORS. WE HAVE BEEN LISTENING AND RESPONDING TO OUR COMMUNITY'S MOST CRITICAL NEEDS FOR MORE THAN 100 YEARS. Y PROGRAMS, SUCH AS CHALLENGER SPORTS, LIFT IT UP, AND SPINAL INJURY BIKE PROGRAM, ARE EXAMPLES OF HOW WE DELIVER TRAINING, RESOURCES AND SUPPORT THAT EMPOWER OUR NEIGHBORS TO EFFECT CHANGE, BRIDGE GAPS AND OVERCOME OBSTACLES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Vice President | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed President | OfficerTrustee | 1 | $0 |
Name Not Listed Director | Trustee | 0.5 | $0 |
Name Not Listed Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $59,147 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $516,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,658,642 |
| Noncash contributions included in lines 1a–1f | $121,610 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,233,789 |
| Total Program Service Revenue | $3,321,094 |
| Investment income | $75,408 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $167,083 |
| Net Gain/Loss on Asset Sales | $778,581 |
| Net Income from Fundraising Events | $30,799 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,662,571 |
| 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. | $163,516 |
| Compensation of current officers, directors, key employees. | $7,453 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,290,146 |
| Pension plan accruals and contributions | $114,682 |
| Other employee benefits | $70,085 |
| Payroll taxes | $220,294 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $22,384 |
| Fees for services: Investment Management | $36,120 |
| Fees for services: Other | $239,967 |
| Advertising and promotion | $5,985 |
| Office expenses | $0 |
| Information technology | $106,454 |
| Royalties | $0 |
| Occupancy | $387,435 |
| Travel | $14,323 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,188 |
| Interest | $49,040 |
| Payments to affiliates | $49,961 |
| Depreciation, depletion, and amortization | $257,401 |
| Insurance | $183,442 |
| All other expenses | $1,305 |
| Total functional expenses | $4,459,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180 |
| Savings and temporary cash investments | $7,787,639 |
| Pledges and grants receivable | $6,233,866 |
| Accounts receivable, net | $187,341 |
| 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 | $147,526 |
| Net Land, buildings, and equipment | $4,690,450 |
| Investments—publicly traded securities | $2,852,386 |
| Investments—other securities | $93,515 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $21,992,903 |
| Accounts payable and accrued expenses | $264,163 |
| Grants payable | $0 |
| Deferred revenue | $5,310,688 |
| 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 | $151,953 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,726,804 |
| Net assets without donor restrictions | $6,852,391 |
| Net assets with donor restrictions | $9,413,708 |
| 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 | $21,992,903 |