Waynesboro Ymca Foundation Inc
- Assets
- $4.2m
- Revenue
- $299.8k
- Investments
- $47.0k
- Employees
- 0
- Location
- Waynesboro, VA
- Founding
- 03/2006
- Data as of
- 06/2022
- EIN
- 20-2650344
Organization Overview
Waynesboro Ymca Foundation Inc is located in Waynesboro, VA. The organization was established in 2006. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waynesboro YMCA Foundation Inc 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 06/2022, Waynesboro YMCA Foundation Inc generated $299.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $404.0k during the year ending 06/2022. 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 PROVIDE FINANCIAL SUPPORT FOR THE YMCA OF WAYNESBORO VA, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WAYNESBORO YMCA FOUNDATION INC IS A TYPE 1 SUPPORTING ORGANIZATION ESTABLISHED TO PROVIDE AN ADDITIONAL STREAM OF REVENUE FOR THE LONG RANGE SUPPORT AND STABILITY OF THE MISSION OF THE YMCA OF WAYNESBORO VA, INC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey D Fife Exec Director | Officer | 10 | $0 |
Tripp Franklin President | Trustee | 1 | $0 |
Don Weaver Vice President | Trustee | 1 | $0 |
Burnie Powers Treasurer | Trustee | 11 | $0 |
Lindsey Woodworth Secretary | Trustee | 1 | $0 |
Chad Hatter Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $167,292 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $167,292 |
| Total Program Service Revenue | $0 |
| Investment income | $50,305 |
| 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 | $299,834 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $28,653 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $403,951 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $48,994 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $16,302 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $779,773 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,321,187 |
| Investments—other securities | $46,968 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,213,224 |
| Accounts payable and accrued expenses | $779,773 |
| 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 | $0 |
| Total liabilities | $779,773 |
| Net assets without donor restrictions | $1,393,842 |
| Net assets with donor restrictions | $2,039,609 |
| 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 | $4,213,224 |
Grants Awarded
Over the last fiscal year, Waynesboro Ymca Foundation Inc has awarded $28,653 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
YMCA OF WAYNESBORO VA INC PURPOSE: CAPITAL IMPROVEMENTS | $23,533 |
YMCA OF WAYNESBORO VA INC PURPOSE: EMPLOYEE ASSISTANCE PROGRAM | $5,120 |